Home > Salary > Ecuador > Insurance Claims Analyst
An insurance claims analyst is responsible for evaluating and processing insurance claims to determine coverage and settlement amounts. They review policy terms, investigate the circumstances of the claim, and gather necessary documentation to make informed decisions. Insurance claims analysts analyze the validity of claims, assess damage or loss, and negotiate settlements with policyholders or third-party claimants. They collaborate with adjusters, legal teams, and other professionals to ensure accurate and timely claim resolution. Additionally, they may conduct interviews, inspect damaged property, and assess liability to determine the appropriate course of action. Strong analytical skills, attention to detail, and knowledge of insurance policies and regulations are essential for success in this role.
Estimated Yearly Salary: 195,232,969 ECS
Estimated Monthly Salary: 16,269,414 ECS
Estimated Weekly Salary: 3,754,480 ECS per week
Estimated Hourly Salary: 93,862 ECS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 15,718,676 ECS
Estimated Weekly Salary: 3,627,387 ECS per week
Estimated Hourly Salary: 90,685 ECS per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 6,895 USD
Estimated Monthly Salary: 575 USD
Estimated Weekly Salary: 133 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 195,232,969 ECS
Estimated Monthly Salary: 16,269,414 ECS
Estimated Weekly Salary: 3,754,480 ECS per week
Estimated Hourly Salary: 93,862 ECS per hour
By working as Insurance Claims Analyst a person can save up to 322 USD per month or 3,866 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ecuador, see costs of living in Ecuador.
Estimated Yearly Salary for Insurance Claims Analyst
Last revision of data: 2025-01-04
Data as of 2025
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Insurance Claims Analyst salary in Ecuador
Average Yearly Salary of Insurance Claims Analyst in Ecuador is approximately 195,232,969 ECS (6,895 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Insurance Claims Analyst do?
An insurance claims analyst is responsible for evaluating and processing insurance claims to determine coverage and settlement amounts. They review policy terms, investigate the circumstances of the claim, and gather necessary documentation to make informed decisions. Insurance claims analysts analyze the validity of claims, assess damage or loss, and negotiate settlements with policyholders or third-party claimants. They collaborate with adjusters, legal teams, and other professionals to ensure accurate and timely claim resolution. Additionally, they may conduct interviews, inspect damaged property, and assess liability to determine the appropriate course of action. Strong analytical skills, attention to detail, and knowledge of insurance policies and regulations are essential for success in this role.
Skills: Insurance claims, Claims analysis, Claim settlement, Policy evaluation, Loss assessment, Risk management.
Job industry: Insurance
Job industry: Insurance
How much does Insurance Claims Analyst make?
Salary details
How much does Insurance Claims Analyst make?Estimated Yearly Salary: 195,232,969 ECS
Estimated Monthly Salary: 16,269,414 ECS
Estimated Weekly Salary: 3,754,480 ECS per week
Estimated Hourly Salary: 93,862 ECS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 188,624,112 ECSEstimated Monthly Salary: 15,718,676 ECS
Estimated Weekly Salary: 3,627,387 ECS per week
Estimated Hourly Salary: 90,685 ECS per hour
Last revision of data: 2024-01-05Insurance Claims Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 6,895 USD
Estimated Monthly Salary: 575 USD
Estimated Weekly Salary: 133 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Ecuador is a country located in South America, bordered by Colombia to the north, Peru to the east and south, and the Pacific Ocean to the west. It has a population of approximately 17 million people and covers an area of about 283,561 square kilometers.
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Claims Analyst job salary compared to average salary in Ecuador.
Comparison shows that a person working as Insurance Claims Analyst in Ecuador earns on average:
1.19 times the average salary (or 119% of average salary).
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Claims Analyst job salary compared to average salary in Ecuador.
Comparison shows that a person working as Insurance Claims Analyst in Ecuador earns on average:
1.19 times the average salary (or 119% of average salary).
Is Insurance Claims Analyst a well paid job?
Yes, our data show that Insurance Claims Analyst is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Insurance Claims Analyst?
High salary for Insurance Claims Analyst would be somewhere between 214,756,266 ECS and 283,087,805 ECS. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Claims Analyst in Ecuador?
Living in Ecuador the approximate monthly expenses are: 252 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 195,232,969 ECS
Estimated Monthly Salary: 16,269,414 ECS
Estimated Weekly Salary: 3,754,480 ECS per week
Estimated Hourly Salary: 93,862 ECS per hour
By working as Insurance Claims Analyst a person can save up to 322 USD per month or 3,866 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ecuador, see costs of living in Ecuador.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Colombia, Peru. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Insurance Claims Analyst
Colombia is 7,146 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Ecuador
(1,855,980,438 ECS per year, pre-tax.)
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4. Neurosurgeon
(1,451,252,556 ECS per year, pre-tax.)
(1,445,038,889 ECS per year, pre-tax.)
(1,418,984,151 ECS per year, pre-tax.)
(1,418,715,651 ECS per year, pre-tax.)
(1,416,409,138 ECS per year, pre-tax.)
9. Oncologist
(1,414,323,101 ECS per year, pre-tax.)
10. Urologist
(1,413,729,680 ECS per year, pre-tax.)
Data as of 2025Random salary:
Student services manager (130,150,943 ECS per year, pre-tax.)
Pharmacy technician lead (108,027,605 ECS per year, pre-tax.)
Branch manager wholesale distributor (164,848,694 ECS per year, pre-tax.)
Pediatrician (465,646,567 ECS per year, pre-tax.)
Calibration technician (105,560,000 ECS per year, pre-tax.)
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