Tariffs

What does a tariff analyst do? – Tasks and work environment

A tariff analyst primarily works with establishing, analyzing, and updating price lists and terms for insurance products. The tasks involve carefully assessing risks, analyzing statistics, and developing tariffs that form the basis for insurance premiums. The role requires close contact with both insurance advisors and product developers to ensure profitability and competitiveness. Most work takes place in an office environment with advanced IT systems and database management, demanding analytical skills and precision. Many tariff analysts work within larger insurance companies, but there are also opportunities within smaller niche providers.

Salary development over time

The salary for a tariff analyst has steadily increased over the past three years. In 2022, the average salary was 47,400 SEK per month, rising to 49 500 SEK in 2023 and further to 51 300 SEK in 2024. This development corresponds to a total increase of approximately 8.2% over the three-year period. The salary increase can partly be explained by a growing demand for qualified risk analysis within the insurance industry and a greater focus on data-driven decisions and digitalization. Competition for experienced tariff analysts has also contributed to rising salaries, especially in metropolitan regions where most insurance companies are located. The educational level of employees has also increased, positively affecting salaries.

Tariff analyst salary – comprehensive overview

• Average salary: 51 300 SEK/month
• Lowest salary: 42,300 SEK/month (female, private sector)
• Highest salary: 65,700 SEK/month (male, private sector with post-secondary education of 3+ years)
• Hourly wage: 309 SEK/hour
• Women earn: 47 200 SEK/month (85% of men's salary)
• Men earn: 55 600 SEK/month
• Regional differences: Higher salaries in metropolitan regions, lower in smaller towns

Education and qualifications

To work as a tariff analyst, a post-secondary education in economics, mathematics, statistics, or insurance is usually required. Many employers prefer candidates with experience in the insurance industry or specific courses in risk analysis and pricing. Internal training and opportunities for further development within the company are also common. Practical experience with database management and analytical tools is often advantageous.

• Formal education: Economics, statistics, or insurance studies (3–4 years)
• Certifications: Courses in insurance mathematics and risk analysis
• Internships: Recommended within insurance companies during or after studies
• Prerequisites: Good analytical skills and mathematical knowledge
• Online courses: Available in statistics and database management

Common benefits and compensation

Tariff analysts are often offered benefits such as occupational pension, wellness allowance, flexible hours, and remote work options. Other common compensations include bonus programs, subsidized lunches, and training. Insurance companies also invest in skill development and internal career programs for this profession.

Competition and challenges

The competition for positions as a tariff analyst is moderate to high, especially in larger cities where insurance companies are concentrated. One of the biggest challenges is staying updated on changing regulations and new technical tools for risk analysis. Digitalization drives demands for advanced data analysis and handling large amounts of information. At the same time, tasks can be monotonous and require high endurance and accuracy. For professionals, continuous further education and strengthening technical skills are crucial to remain attractive in the job market.

Tips for those who want to become a tariff analyst

To succeed as a tariff analyst, it is beneficial to be analytical and meticulous, as the profession involves detailed handling of numbers and statistics. A strong interest in the insurance industry and economic relationships facilitates pricing complex products. Good communication skills are also important, as the work involves collaboration with colleagues and external partners. Flexibility and the ability to adapt to new digital tools and working methods are advantageous in a rapidly changing industry. A willingness to learn continuously and stay updated on regulations and market trends increases employability and advancement opportunities. Good teamwork and openness to feedback help in developing in the role. Finally, a structured work approach is essential for delivering accurate tariffs and analyses under time pressure.

Key facts about tariff analysts

• Education level: Post-secondary education in economics, statistics, or insurance
• Typical work environment: Office-based with advanced IT systems
• Demand: 751 available jobs in the profession (May 2024)
• Gender salary distribution: Women earn 85% of what men do
• Special skills: Risk analysis, statistics, and database management

Career paths and future prospects

After three to five years as a tariff analyst, there are good opportunities to advance to roles such as senior tariff analyst, product developer, or risk analysis specialist. Some choose to further qualify as an actuary or take managerial roles within insurance companies. The forecasts from the Employment Service indicate a stable number of vacancies for insurance salespeople and insurance advisors, although no specific assessment is made for tariff analysts due to limited data. Digitalization and increased demand for data analysis suggest that the need for qualified tariff analysts will persist, especially those with technical skills and experience with newer analysis tools.

Frequently asked questions about tariff analysts

• What is the average salary of a tariff analyst?
  - A tariff analyst has an average salary of 51 300 SEK per month.
• What are the highest and lowest salaries for a tariff analyst?
  - The highest reported salary is 65,700 SEK per month (male, private sector), and the lowest is 42,300 SEK (female, private sector).
• What are the gender differences in the profession?
  - Women earn 47 200 SEK, which is approximately 85% of men's salary at 55 600 SEK.
• What education is required to become a tariff analyst?
  - Post-secondary education in economics, statistics, or insurance is recommended.
• Are there many job opportunities for tariff analysts?
  - There are 751 available jobs according to the latest data.
• What does a tariff analyst do?
  - The work involves analyzing risks, setting prices, and determining terms for insurance products.
• What are the future prospects for tariff analysts?
  - The outlook is stable, but no precise assessment can be provided according to the Employment Service.