Insurance analyst demographics and statistics in the US
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Insurance analyst demographics by:
Insurance analyst gender statistics
71.3% of insurance analysts are women and 28.7% of insurance analysts are men.
- Female, 71.3%
- Male, 28.7%
Insurance analyst gender ratio
| Gender | Percentages |
|---|---|
| Female | 71.3% |
| Male | 28.7% |
Insurance analyst gender pay gap
Women earn 96¢ for every $1 earned by men
Male income
$57,070
Female income
$54,896
Insurance analyst gender ratio over time
This data breaks down the percentage of men and women in insurance analyst positions over time. Currently, 71.3% of insurance analysts are female.
Insurance analyst gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 21.54% | 78.46% |
| 2011 | 24.26% | 75.74% |
| 2012 | 23.14% | 76.86% |
| 2013 | 25.54% | 74.46% |
| 2014 | 24.80% | 75.20% |
| 2015 | 27.11% | 72.89% |
| 2016 | 28.09% | 71.91% |
| 2017 | 26.34% | 73.66% |
| 2018 | 28.04% | 71.96% |
| 2019 | 31.75% | 68.25% |
| 2020 | 26.32% | 73.68% |
| 2021 | 28.70% | 71.30% |
Insurance analyst related jobs gender ratio
We compared insurance analysts with similar job titles to see how gender ratios vary. As you can see, renewable energy system finance specialist and chartered finance analyst have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Escrow Officer | 15% | 85% |
| Customs Verifier | 20% | 80% |
| Credit Assistant | 20% | 80% |
| Insurance Analyst | 29% | 71% |
| Head Analyst | 86% | 14% |
| Chartered Finance Analyst | 90% | 10% |
| Renewable Energy System Finance Specialist | 92% | 8% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Insurance analyst demographics by race
The most common ethnicity among insurance analysts is White, which makes up 71.7% of all insurance analysts. Comparatively, 11.1% of insurance analysts are Black or African American and 9.0% of insurance analysts are Hispanic or Latino.
- White, 71.7%
- Black or African American, 11.1%
- Hispanic or Latino, 9.0%
- Asian, 5.4%
- Unknown, 2.4%
- American Indian and Alaska Native, 0.4%
Insurance analyst race
| Insurance analyst race | Percentages |
|---|---|
| White | 71.7% |
| Black or African American | 11.1% |
| Hispanic or Latino | 9.0% |
| Asian | 5.4% |
| Unknown | 2.4% |
| American Indian and Alaska Native | 0.4% |
Insurance analyst race and ethnicity over time
See how insurance analyst racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Insurance analyst race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 73.50% | 11.66% | 5.23% | 7.82% |
| 2011 | 73.06% | 12.84% | 4.34% | 8.00% |
| 2012 | 71.38% | 12.59% | 5.78% | 9.05% |
| 2013 | 72.84% | 12.32% | 5.81% | 6.99% |
| 2014 | 72.27% | 13.31% | 4.34% | 8.38% |
| 2015 | 70.79% | 13.18% | 5.15% | 9.00% |
| 2016 | 69.70% | 13.81% | 4.74% | 9.63% |
| 2017 | 70.56% | 10.81% | 7.45% | 9.31% |
| 2018 | 71.17% | 10.89% | 6.87% | 9.13% |
| 2019 | 70.34% | 12.17% | 6.22% | 9.04% |
| 2020 | 68.84% | 12.25% | 4.99% | 10.34% |
| 2021 | 71.71% | 11.08% | 5.42% | 8.98% |
Insurance analyst wage gap by race
According to our data, unknown insurance analysts have the highest average salary compared to other ethnicities. Black or african american insurance analysts have the lowest average salary at $52,208.
| Ethnicity | Salary |
|---|---|
| Unknown | $60,276 |
| White | $58,499 |
| Black or African American | $52,208 |
| Asian | $58,257 |
| Hispanic or Latino | $56,450 |
Average insurance analyst age
See how the average age of insurance analysts varies based on ethnicity and gender.
Male
Female
Insurance analyst age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Unknown | 45 | |
| White | 38 | 47.5 |
| Black or African American | 45.5 | 50.5 |
| Asian | 38 | 41 |
| Hispanic or Latino | 40.5 | 47.5 |
Insurance analyst age breakdown
The average age of insurance analysts is 40+ years years old, representing 61% of the insurance analyst population.
Insurance analyst age breakdown
| Insurance Analyst Years | Percentages |
|---|---|
| 40+ years | 61% |
| 30-40 years | 27% |
| 20-30 years | 11% |
Insurance analyst educational attainment
The most common degree for insurance analysts is bachelor's degree, with 58% of insurance analysts earning that degree. The second and third most common degree levels are associate degree degree at 17% and associate degree degree at 9%.
- Bachelor's, 58%
- Associate, 17%
- Master's, 9%
- High School Diploma, 7%
- Other Degrees, 9%
Insurance analysts by degree level
| Insurance analyst degree | Percentages |
|---|---|
| Bachelor's | 58% |
| Associate | 17% |
| Master's | 9% |
| High School Diploma | 7% |
| Other Degrees | 9% |
Insurance analyst jobs you might like
Insurance analyst wage gap by degree level
According to the data, insurance analysts with a Master's degree earn more than those without, at $75,007 annually. With a Bachelor's degree, insurance analysts earn a median annual income of $62,465 compared to $46,497 for insurance analysts with an Associate degree.
| Education | Salary |
|---|---|
| Master's Degree | $75,007 |
| High School Diploma or Less | $45,050 |
| Bachelor's Degree | $62,465 |
| Some College/ Associate Degree | $46,497 |
Insurance analyst employment statistics
Most insurance analysts work for a private in the health care industry.
Company size where insurance analysts work
Below, you can see the size of companies where insurance analysts work.
Insurance analyst jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 2% |
| 50 - 100 employees | 12% |
| 100 - 500 employees | 16% |
| 500 - 1,000 employees | 7% |
| 1,000 - 10,000 employees | 30% |
| > 10,000 employees | 33% |
Insurance analyst jobs by company type
Employees with the insurance analyst job title have their preferences when it comes to working for a company. For instance, most insurance analysts prefer to work at private companies over public companies.
Insurance analyst jobs by sector
| Company type | Percentages |
|---|---|
| Education | 2% |
| Public | 36% |
| Private | 57% |
| Government | 5% |
Insurance analyst jobs by industry
The most common industries for insurance analysts are health care, finance and insurance.
Insurance analyst industry statistics
| Industry | Percentages |
|---|---|
| Health Care | 19% |
| Fortune 500 | 17% |
| Finance | 16% |
| Insurance | 12% |
| Professional | 6% |
| Government | 4% |
| Manufacturing | 4% |
| Technology | 3% |
| Energy | 3% |
| Retail | 2% |
| Real Estate | 2% |
| Education | 2% |
| Pharmaceutical | 1% |
| Media | 1% |
| Transportation | 1% |
| Automotive | 1% |
| Utilities | 1% |
| Construction | 1% |
| Hospitality | 1% |
| Telecommunication | 1% |
| Non Profits | 1% |
| Start-up | 1% |
Insurance analyst turnover and employment statistics
Insurance analyst unemployment rate over time
The unemployment rate for insurance analysts between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Insurance analyst unemployment rate by year
| Year | Insurance analyst unemployment rate |
|---|---|
| 2010 | 3.82% |
| 2011 | 3.75% |
| 2012 | 3.22% |
| 2013 | 3.64% |
| 2014 | 2.32% |
| 2015 | 1.60% |
| 2016 | 1.56% |
| 2017 | 2.16% |
| 2018 | 1.88% |
| 2019 | 1.22% |
| 2020 | 1.67% |
| 2021 | 2.13% |
Average insurance analyst tenure
The average insurance analyst stays at their job for 1-2 years, based on the 1,547 insurance analysts resumes in Zippia's database.
Insurance analyst tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 17% |
| 1-2 years | 38% |
| 3-4 years | 15% |
| 5-7 years | 17% |
| 8-10 years | 5% |
| 11+ years | 9% |
Insurance analyst LGBT ratio compared to similar jobs
Review the percent of insurance analysts that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job title | LGBT | Job openings |
|---|---|---|
| Asset Analyst | 7.33% | 67,864 |
| Income Tax Auditor | 7.40% | 44,319 |
| Income Tax Expert | 7.56% | 34,945 |
| Commissioner Of Internal Revenue | 7.65% | 11,713 |
| Insurance Analyst | 8.77% | - |
| Budget And Policy Analyst | 12.94% | 2,451 |
| Supervisory Examiner | 19.38% | 2,115 |
Similar insurance analyst jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Asset Analyst | 7.33% | 67,864 |
| Income Tax Auditor | 7.40% | 44,319 |
| Income Tax Expert | 7.56% | 34,945 |
| Commissioner Of Internal Revenue | 7.65% | 11,713 |
| Budget And Policy Analyst | 12.94% | 2,451 |
| Supervisory Examiner | 19.38% | 2,115 |
Foreign languages spoken by insurance analysts
The most common foreign language among insurance analysts is Spanish at 55.6%. The second-most popular foreign language spoken is French at 9.3% and Carrier is the third-most popular at 5.6%.
- Spanish, 55.6%
- French, 9.3%
- Carrier, 5.6%
- Arabic, 5.6%
- Chinese, 3.7%
- Other, 20.2%
Insurance analyst languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 55.6% |
| French | 9.3% |
| Carrier | 5.6% |
| Arabic | 5.6% |
| Chinese | 3.7% |
| Other | 20.2% |
