Rate Analyst Salary at California Department Of Insurance BETA

How much does a California Department Of Insurance Rate Analyst make?

As of April 2025, the average annual salary for a Rate Analyst at California Department Of Insurance is $109,336, which translates to approximately $53 per hour. Salaries for Rate Analyst at California Department Of Insurance typically range from $97,797 to $117,156, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

California Department of Insurance Overview

Website:
insurance.ca.gov
Size:
1,000 - 3,000 Employees
Revenue:
$200M - $500M
Industry:
Edu., Gov't. & Nonprofit

The California Department of Insurance (CDI) was created in 1868 as part of a national system of state-based insurance regulation. The insurance market place has changed dramatically over time, but consumer protection continues to be the core of CDI's mission. Led by Insurance Commissioner Ricardo Lara, the California Department of Insurance is the consumer protection agency for the nation's largest insurance marketplace and safeguards all of the states consumers by fairly regulating the insurance industry. Under the Commissioners direction, the Department uses its authority to protect Californians from insurance rates that are excessive, inadequate, or unfairly discriminatory, oversee insurer solvency to pay claims, set standards for agents and broker licensing, perform market conduct reviews of insurance companies, resolve consumer complaints, and investigate and prosecute insurance fraud.

See similar companies related to California Department Of Insurance

What Skills Does a person Need at California Department Of Insurance?

At California Department Of Insurance, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  2. Economics: Economics is a social science that focuses on the production, distribution, and consumption of goods and services, and analyzes the choices that individuals, businesses, governments, and nations make to allocate resources.
  3. Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
  4. Actuarial: Actuarial performs complex calculations to determine the likelihood of various outcomes related to accidents, illnesses, consumer demand, and investments.
  5. Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.

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Check more jobs information at California Department Of Insurance

Job Title Average California Department Of Insurance Salary Hourly Rate
2 Accounting Officer $269,355 $129
3 Accounting Technician $49,508 $24
4 Application Solutions Architect $164,509 $79
5 Assistant Chief Counsel $297,505 $143
6 Attorney General $190,909 $92
7 Attorney I $117,768 $57
8 Attorney III $190,909 $92
9 Business Operations Analyst $59,428 $29
10 Chief Deputy $57,115 $27
11 Consultant $127,070 $61
12 Deputy General Counsel $345,649 $166
13 Exchange Administrator $54,558 $26

Hourly Pay at California Department Of Insurance

The average hourly pay at California Department Of Insurance for a Rate Analyst is $53 per hour. The location, department, and job description all have an impact on the typical compensation for California Department Of Insurance positions. The pay range and total remuneration for the job title are shown in the table below. California Department Of Insurance may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $109,336 look to you?

FAQ about Salary and Jobs at California Department Of Insurance

1. How much does California Department Of Insurance pay per hour?
The average hourly pay is $53. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at California Department Of Insurance?
According to the data, the highest approximate salary is about $117,156 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at California Department Of Insurance?
According to the data, the lowest estimated salary is about $97,797 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.