How Much Do Insurance Premium Auditors Make?
Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you're one of those people, and you're curious what kind of salary insurance premium auditors make, you've come to the right place.
Using data from Lightcast,™ the Best Adult Colleges and Careers Guide has compiled rich information about salary for insurance premium auditors and related jobs, including details about average compensation, salary trends and job growth. We've also gathered advertised salaries from actual job postings to provide insight into what employers of insurance premium auditors are offering as compensation.
Keep reading to learn more about how much insurance premium auditors can expect to make in the United States.
At a Glance: Salary & Jobs for Insurance Premium Auditors
According to data from 2023, there were about 54,847 positions for insurance premium auditors in the United States. In terms of salary, the national median salary for insurance premium auditors was reported to be $58,531. Additionally, when examining job demand, employers across the country posted 12,444 job postings related to positions for insurance premium auditors.
How Much Money Do Insurance Premium Auditors Make?
Median salary is just one data point. To build a better understanding of how much money insurance premium auditors and related positions can expect to make in the United States, it can be helpful to look at the full range of compensation for those jobs.
Let's look more deeply at data that was reported to the U.S. Bureau of Labor Statistics (BLS) for detail into the lowest and highest salary earnings for insurance premium auditors.
Annual Salary for Insurance Premium Auditors
According to the BLS, the lowest earners for insurance premium auditors and related professions earned about $37,690 per year in 2023. Meanwhile, at the other end of the spectrum, the highest earners made about $107,661 annually.
As mentioned previously, the median salary for insurance premium auditors in the United States in 2023 was $58,531.
Annual Salary Range For Insurance Premium Auditors In 2023
Hourly Salary for Insurance Premium Auditors
The BLS also breaks down compensation for insurance premium auditors by hourly salary, and the median average hourly pay for insurance premium auditors in 2023 was $28. Lowest hourly earners took home $18 while the highest reported hourly salaries for insurance premium auditors was $52.
Hourly Salary Range For Insurance Premium Auditors In 2023
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Advertised Compensation for Insurance Premium Auditors
Data from the BLS is one way to dig into compensation for insurance premium auditors, but another way to build a more real-time understanding of salary is to look at actual job postings and see what compensation organizations are currently providing to fill open positions for insurance premium auditors.
Keep in mind that salary data is not included in every job posting, so the information compiled here is reflective of the data available through Lightcast.™
Annual Salary from Job Postings for Insurance Premium Auditors
Advertised Annual Salary
During a review of 11,127 job postings related to insurance premium auditors, advertised salary was included in 4,502 of them, which was 40%. Based on those postings, the median advertised salary for insurance premium auditors was $66,944 per year.
Hourly Salary from Job Postings for Insurance Premium Auditors
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for insurance premium auditors. Based on 36% of postings with advertised compensation, the median hourly salary for open positions for insurance premium auditors in the United States is about $32.
Salary Trend for Insurance Premium Auditors
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for insurance premium auditors. The chart below provides a snapshot of advertised salaries over the past three years.
Based on compensation data that was included in job postings for insurance premium auditors dating back to September 2020, advertised salaries for insurance premium auditors have increased 21%.
Advertised Wage Trend For Insurance Premium Auditors
What's the Job Growth for Insurance Premium Auditors?
Another data point that someone thinking about a career path should consider is whether or not jobs are expected to see growth in the future. The chart below looks at projected employment for insurance premium auditors over the next 10 years.
According to the data obtained through Lightcast,™ there were 54,791 jobs for insurance premium auditors in the United States in 2023. By 2033, it is expected that about 2,661 jobs will be added. That's a 4.9% increase over the next 10-year period.
Employment Projections For Insurance Premium Auditors
Additional Links
Ready to dig deeper into career information about insurance premium auditors? Visit our other pages focused on salary and education for insurance premium auditors.
What do insurance premium auditors do?
Insurance Premium Auditors: How do you become one?
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