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Insurance analyst education requirements
Updated January 8, 2025
4 min read
There are several educational requirements to become an insurance analyst. Insurance analysts usually study business, health care administration, or accounting. 58% of insurance analysts hold a bachelor's degree, and 17% hold an associate degree. We analyzed 1,547 real insurance analyst resumes to see exactly what insurance analyst education sections show.
The most common colleges for insurance analysts are the University of Phoenix and the University of Phoenix.
There are also many online insurance analyst courses to help get the education required to be an insurance analyst.
There are certain insurance analyst certifications that you should consider. These insurance analyst certifications include Certified Billing and Coding Specialist (CBCS) and Associate in General Insurance (AINS).
What education do you need to become an insurance analyst?
What degree do you need to be an insurance analyst?
- Bachelor's, 58%
- Associate, 17%
- Master's, 9%
- High School Diploma, 7%
- Other Degrees, 9%
What should I major in to become an insurance analyst?
- Business, 31%
- Accounting, 8%
- Finance, 8%
- Other Majors, 44%
Most common colleges for insurance analysts
| Insurance analyst common college | Percentages |
|---|---|
| University of Phoenix | 20.86% |
| Florida State University | 11.51% |
| Ashford University | 6.47% |
| University of North Texas | 5.04% |
| University of Maryland - College Park | 5.04% |
Best majors for insurance analysts
| Rank | Major | Percentages |
|---|---|---|
| 1 | Business | 31.4% |
| 2 | Health Care Administration | 8.9% |
| 3 | Accounting | 8.3% |
| 4 | Finance | 7.6% |
| 5 | Psychology | 5.2% |
Best colleges for insurance analysts
The best colleges for insurance analysts are University of Pennsylvania, Northwestern University, and Carnegie Mellon University.
An insurance analyst with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for insurance analysts. We based this list on several metrics: admissions rate, retention rate, mean earnings of graduates, the ratio of working vs. non-working students ten years after admission, the average cost of attendance, and median debt for graduates who become insurance analysts.
1. University of Pennsylvania
Philadelphia, PA • Private
In-state tuition
$55,584
Enrollment
10,764
2. Boston University
Boston, MA • Private
In-state tuition
$53,948
Enrollment
17,238
3. University of Minnesota - Twin Cities
Minneapolis, MN • Private
In-state tuition
$14,760
Enrollment
31,451
4. Northwestern University
Evanston, IL • Private
In-state tuition
$54,568
Enrollment
8,451
5. University of Southern California
Los Angeles, CA • Private
In-state tuition
$56,225
Enrollment
19,548
6. Ball State University
Muncie, IN • Private
In-state tuition
$9,896
Enrollment
15,529
7. SUNY Stony Brook
Stony Brook, NY • Private
In-state tuition
$9,625
Enrollment
17,407
8. Butler University
Indianapolis, IN • Private
In-state tuition
$41,120
Enrollment
4,553
9. New York University
New York, NY • Private
In-state tuition
$51,828
Enrollment
26,339
10. Howard University
Washington, DC • Private
In-state tuition
$26,756
Enrollment
6,166
20 best online courses for insurance analysts
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11. Finance & Accounting for Management Consultants and Analysts
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12. ICD 10 & 11 Medical Coding and Billing
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Discover, develop, practice your financial information and explore the world of accounting...
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16. Forensic accounting, fraud investigation and fraud analytics
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17. Financial Accounting: The Complete Introductory Crash Course
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18. Health Data 101
An Introduction to Health Data for data analysts...
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20. Accounting & Financial Statement Analysis: Complete Training
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Top 10 most affordable universities for insurance analysts
The most affordable schools for insurance analysts are Baruch College of the City University of New York, university of florida, and florida state university.
If the best universities for insurance analysts are out of your price range, check out these affordable schools. After factoring in in-state tuition and fees, the average cost of attendance, admissions rate, average net price, and mean earnings after six years, we found that these are the most affordable schools for insurance analysts.
1. Baruch College of the City University of New York
New York, NY • Private
In-state tuition
$7,262
Cost of attendance
14,046
2. University of Florida
Gainesville, FL • Private
In-state tuition
$6,381
Cost of attendance
21,034
3. Florida State University
Tallahassee, FL • Private
In-state tuition
$5,656
Cost of attendance
21,623
4. California State University - Bakersfield
Bakersfield, CA • Private
In-state tuition
$7,309
Cost of attendance
16,714
5. California State University - Dominguez Hills
Carson, CA • Private
In-state tuition
$6,942
Cost of attendance
14,469
6. Florida Atlantic University
Boca Raton, FL • Private
In-state tuition
$4,831
Cost of attendance
19,559
7. California State University - Long Beach
Long Beach, CA • Private
In-state tuition
$6,798
Cost of attendance
18,306
8. Brigham Young University
Provo, UT • Private
In-state tuition
$5,620
Cost of attendance
18,136
9. Florida International University
Miami, FL • Private
In-state tuition
$6,556
Cost of attendance
19,434
10. USF Sarasota-Manatee
Sarasota, FL • Private
In-state tuition
$5,587
Cost of attendance
13,043
Top 10 hardest universities to get into for insurance analysts
The hardest universities for insurance analysts to get into are University of Pennsylvania, Northwestern University, and Carnegie Mellon University.
Some great schools for insurance analysts are hard to get into, but they also set your career up for greater success. The list below shows the most challenging universities to get into for insurance analysts based on an institution's admissions rates, average SAT scores accepted, median ACT scores accepted, and mean earnings of students six years after admission.
1. University of Pennsylvania
Philadelphia, PA • Private
Admissions rate
8%
SAT average
1,492
2. Northwestern University
Evanston, IL • Private
Admissions rate
8%
SAT average
1,508
3. Carnegie Mellon University
Pittsburgh, PA • Private
Admissions rate
17%
SAT average
1,507
4. University of Southern California
Los Angeles, CA • Private
Admissions rate
13%
SAT average
1,445
5. Boston University
Boston, MA • Private
Admissions rate
22%
SAT average
1,420
6. New York University
New York, NY • Private
Admissions rate
20%
SAT average
1,419
7. Washington University in St Louis
Saint Louis, MO • Private
Admissions rate
15%
SAT average
1,506
8. Northeastern University
Boston, MA • Private
Admissions rate
19%
SAT average
1,466
9. Stanford University
Stanford, CA • Private
Admissions rate
4%
SAT average
1,497
10. University of Rochester
Rochester, NY • Private
Admissions rate
29%
SAT average
1,422
Top 10 easy-to-apply-to universities for insurance analysts
The easiest schools for insurance analysts to get into are Barry University, felician university, and oklahoma wesleyan university.
Some schools are much easier to get into. If you want to start your career as an insurance analyst without much hassle, check out the list of schools where you will be accepted in no time. We compiled admissions rates, average SAT scores, average ACT scores, and average salary of students six years after graduation to uncover which were the easiest schools to get into for insurance analysts.
1. Barry University
Miami, FL • Private
Admissions rate
91%
SAT average
1,006
2. Felician University
Lodi, NJ • Private
Admissions rate
81%
SAT average
999
3. Oklahoma Wesleyan University
Bartlesville, OK • Private
Admissions rate
68%
SAT average
964
4. La Roche College
Pittsburgh, PA • Private
Admissions rate
99%
SAT average
1,008
5. Notre Dame de Namur University
Belmont, CA • Private
Admissions rate
82%
SAT average
983
6. Ottawa University
Ottawa, KS • Private
Admissions rate
78%
SAT average
1,024
7. Holy Family University
Philadelphia, PA • Private
Admissions rate
72%
SAT average
1,017
8. D'Youville College
Buffalo, NY • Private
Admissions rate
100%
SAT average
1,072
9. Notre Dame College
Cleveland, OH • Private
Admissions rate
90%
SAT average
994
10. University of the Incarnate Word
San Antonio, TX • Private
Admissions rate
88%
SAT average
1,044
Average insurance analyst salary by education level
| Insurance analyst education level | Insurance analyst 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 education FAQs
Have more questions? See all answers to common business and financial questions.
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Updated January 8, 2025
Updated January 8, 2025