How Much Do Subrogation Analyst Make?
How much do subrogation analyst make? Discover the average salary, base salary, and compensation for subrogation analyst in the analysis & research category. Learn about subrogation analyst pay per hour, per week, per month, and per annum with detailed salary ranges from $55,000 to $75,000.
How Much Do Subrogation Analyst Make? Complete Salary Guide
How much do subrogation analyst make? This is one of the most common questions in career planning. Subrogation Analyst in the Analysis & Research field can expect to earn an average salary of $74,000 per year, with entry-level positions starting at $55,000 and experienced professionals earning up to $75,000 annually.
When breaking down the average salary of subrogation analyst by time periods, subrogation analyst typically make around $6,166.667 per month and approximately $1,423.077 per week. The basic salary of subrogation analyst varies significantly based on experience level, location, and industry specialization. Entry-level subrogation analyst typically start with a base salary of $55,000, while mid-career professionals earn an average of $65,000, and senior-level roles can command salaries exceeding $75,000.
The salary landscape for subrogation analyst is influenced by several key factors including geographic location, years of experience, educational background, and specific industry demands. How much do subrogation analyst make in a week? On average, this translates to approximately $1,423.077 per week. How much do subrogation analyst make per annum? The annual salary range spans from $50,000 to $85,000, with the median salary sitting at $74,000. Additionally, many subrogation analyst receive bonuses averaging $5,000 annually, representing approximately 10.25% of their base salary.
How Much Do Subrogation Analyst Get Paid Per Annum? Subrogation Analyst Salary
Annual salary data for subrogation analyst across different experience levels, showing entry-level, mid-career, and experienced professional compensation ranges based on industry standards.
Entry Level Annual Salary
Mid-Career Annual Salary
Experienced Annual Salary
How Much Do Subrogation Analyst Get Paid in a Month? Subrogation Analyst Monthly Salary
Monthly salary breakdowns for subrogation analyst at different career stages, providing practical budgeting insights and compensation expectations for financial planning.
Entry Level Monthly Salary
Mid-Career Monthly Salary
Experienced Monthly Salary
How Much Do Subrogation Analyst Get Paid in Different Locations?
Geographic salary variations for subrogation analyst across different cities and regions, including cost of living adjustments and regional market demand factors that impact compensation.
Subrogation Analyst Salary Trends
Historical salary progression for subrogation analyst over the past years, showing year-over-year compensation growth and market trends in the industry.
Subrogation Analyst Salary Trends (2020 - 2025)
Bonus & Compensation Package
Additional compensation beyond base salary, including bonuses, commissions, and overtime opportunities that contribute to total annual earnings.
Bonus Percentage
of annual salary
Bonuses for Subrogation Analysts are typically awarded based on performance metrics, recovery rates, and overall contribution to the company's profitability.
Average Bonus
annually
Commission
Subrogation Analyst roles generally do not offer commission or incentives, as they focus on analyzing claims and recovering costs rather than direct sales or revenue generation.
Overtime
Overtime pay for Subrogation Analysts is not common, as many positions are salaried. However, it may vary based on employer policies and workload demands.
Employee Benefits Package
Comprehensive benefits and perks provided to employees, including health coverage, retirement plans, time off policies, and professional development opportunities.
Comprehensive Benefits
Typical benefits for a Subrogation Analyst include competitive health insurance, 401(k) retirement plans with employer matching, paid time off (PTO), flexible work schedules, professional development opportunities, and potential bonuses based on performance.
Subrogation Analyst Job Overview
Comprehensive details about the subrogation analyst role including daily responsibilities, work environment, physical demands, and key tasks that define this career path.
About This Role
A Subrogation Analyst investigates and recovers funds from third parties responsible for insurance claims. They analyze case details, gather evidence, and negotiate settlements to minimize losses for their organization. This role requires strong analytical skills, attention to detail, and effective communication to ensure successful recovery efforts and uphold company financial interests.
Primary Responsibilities
Investigating claims, Analyzing insurance policies, Evaluating liability, Communicating with claimants and attorneys, Negotiating settlements, Preparing subrogation demand letters, Maintaining accurate records, Collaborating with internal teams, Monitoring legal proceedings, Reporting on subrogation outcomes.
Day-to-Day Tasks
A Subrogation Analyst reviews claims, investigates liability, communicates with involved parties, analyzes documentation, negotiates settlements, tracks recovery progress, and prepares reports to ensure efficient recovery of costs for the organization.
Work Environment
Hybrid
Subrogation Analysts typically work in office environments, using computers to analyze claims, communicate with clients, and collaborate with teams.
Physical Demands
Moderate
Subrogation Analysts typically work in an office environment, requiring prolonged periods of sitting, computer use, and occasional overtime during peak workload periods.
Subrogation Analyst Requirements & Prerequisites
Essential qualifications and credentials needed to pursue a career as a subrogation analyst, including educational background, certifications, and experience requirements.
Education
Bachelor’s degree.
Field: Business Administration, Finance, Law, Insurance, Risk Management, Accounting, Economics, Criminal Justice.
Experience
3 years
Employers seek candidates with strong analytical skills, knowledge of insurance claims processes, attention to detail, effective communication abilities, and experience in legal or financial analysis related to subrogation.
Certifications
Certified Subrogation Recovery Specialist (CSRS), Associate in Claims (AIC), Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), Certified Risk Manager (CRM), National Association of Subrogation Professionals (NASP) certification.
Required Skills
Analytical thinking, attention to detail, strong communication skills, negotiation skills, knowledge of insurance policies and regulations, problem-solving abilities, data analysis proficiency, organizational skills.
Technical Skills
Soft Skills
Subrogation Analyst Career Path
Professional progression opportunities for subrogation analyst from entry-level to senior management, including typical career advancement timeline and role evolution.
Entry Level
Claims Adjuster, Insurance Underwriter, Risk Management Assistant
Early-career Subrogation Analysts investigate claims, gather evidence, negotiate settlements, and recover costs from responsible parties, ensuring accurate documentation and compliance with legal standards.
Mid-Career
Claims Adjuster, Insurance Analyst, Risk Management Specialist
Mid-career Subrogation Analysts investigate claims, assess liability, negotiate settlements, collaborate with legal teams, analyze data, and ensure compliance with regulations to recover costs effectively.
Senior Management
Subrogation Manager, Senior Subrogation Analyst, Director of Subrogation Operations
Senior Subrogation Analysts manage complex claims, negotiate recoveries, analyze legal documents, oversee team performance, and ensure compliance with regulations while maximizing financial recoveries for the organization.
Career Progression Timeline
Timeline: 5 years
A Subrogation Analyst typically advances from entry-level roles to senior analyst positions, often transitioning into management or specialized roles in risk assessment and claims negotiation. Continuous education enhances career prospects.
Subrogation Analyst Industry & Growth
Market outlook and growth prospects for subrogation analyst, including industry trends, job market demand, and factors influencing career opportunities and advancement.
Job Outlook
Faster than average
Projected: 2024–2034
Industry Trends
Increased automation and use of AI for claims processing, a growing emphasis on data analytics for decision-making, heightened regulatory scrutiny and compliance requirements.
Growth Factors
Rising insurance claims, regulatory complexities, increased litigation, cost recovery needs, and heightened focus on risk management are driving demand for Subrogation Analysts.
Future Opportunities
Blockchain for secure claims processing, AI for data analysis and fraud detection, telemedicine integration, and automation tools are emerging opportunities for Subrogation Analysts.
Subrogation Analyst Related Professions
Alternative career paths and similar roles for subrogation analyst, including career transitions, related positions, and advancement opportunities within the field.
Similar Roles
Career Alternatives
Upgrade Paths
Related Entry Roles
Subrogation Analyst Skills & Development
Essential skills and professional development resources for subrogation analyst, including technical abilities, soft skills, recommended courses, and ongoing learning opportunities.
Technical Skills
Soft Skills Needed
Recommended Certifications
Recommended Courses
Development Resources
Training Timeline
Estimated training time
Frequently Asked Questions About Subrogation Analyst Salary
Common questions and answers about pursuing a career as a subrogation analyst, covering qualifications, salary expectations, career prospects, and practical career guidance.
What qualifications are needed to become a Subrogation Analyst?
A degree in finance, business, or a related field is typically required, along with analytical skills and knowledge of insurance principles.
What does a Subrogation Analyst do?
They investigate claims and recover costs from responsible third parties to minimize losses for insurance companies.
What is the average salary of a Subrogation Analyst?
The average salary ranges from $50,000 to $75,000 per year, depending on experience and location.
Is certification necessary for a Subrogation Analyst?
While not mandatory, certifications like CPCU or AIC can enhance job prospects and expertise.
What skills are important for a successful Subrogation Analyst?
Strong analytical skills, attention to detail, negotiation abilities, and knowledge of legal processes are crucial.
How Much Others Make?
Explore salary data for other professions to compare compensation across different career paths and industries.