Claims Processor Salary

Claims Processors in the United States take home an average $14.83 per hour. While the particular city and tenure impact pay for this group, the particular firm is the most influential factor. Most Claims Processors report high levels of job satisfaction. There are far more female Claims Processors who answered the questionnaire than men, making up 85 percent. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to a strong majority. The data for this synopsis comes from respondents who took the PayScale salary survey.

$28,899 - $48,701
$29K
$36K
$49K
MEDIAN: $36,386
10%
50%
90%

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$11.24 - $19.25
$11
$15
$19
MEDIAN: $14.83
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$17K$34K$51K
Salary
$28,899 - $48,701  
   
Bonus
$394.53 - $3,041  
Profit Sharing
$1,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$24,456 - $44,669  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 87
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$10$20$30
Hourly Rate
$11.24 - $19.25  
   
Overtime
$17.90 - $28.60  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$20K$40K$60K
Bonus
$394.53 - $3,041  
   
Profit Sharing
$1,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$24,456 - $44,669  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 261

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Job Description for Claims Processor

Claims processors - also called claims adjustors - are responsible for accurately and efficiently entering and processing claims for their organization. Claims processors generally work in the insurance industry and they work for many types of companies (such as those specializing in health insurance, automobile insurance, and/or home insurance). These claims may be received via the computer, on paper, or over the phone; processed claims create approvals (which send payment) or denials. Claims processors may be required to answer phone calls from policyholders related to claims, and they must be able to answer such calls quickly and accurately. They typically work in an office setting during normal business hours. If they answer phone calls, claims processors may be required to work on weekends and evenings. This position may be part time or full time, and some companies allow claims processors to work from home. Claims processors generally work seated at a computer workstation for extended periods of time.

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Claims Processor Tasks

  • Coordinate claims with Medicare and other group insurance carriers.
  • Audit other team member's claims as needed.
  • Determine proper payees for benefits in order to discharge company's liabilities.
  • Approve claim payments.
  • Process flexible spending account claims of any type for multiple welfare plans according to established rules and guidelines.

Claims Processor Job Listings

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Popular Employer Salaries for Claims Processor


Dominating the field, Allstate Insurance Company, State Farm Insurance Company, Blue Cross and Blue Shield of South Carolina, Inc. (BCBSSC), WellPoint, Inc., and UnitedHealth Group are top firms with a reputation for hiring a great number of Claims Processors. Those at State Farm Insurance Company can expect to make the most, with the company offering a median salary of $47K. Allstate Insurance Company, Cigna Corporation, and UnitedHealth Group are a few other companies that offer generous salaries, with Claims Processors earning around $35K, $32K, or $31K at each firm, respectively.

Others at the bottom of the scale for this job include Allstate at $29K, WellPoint, Inc. at $30K, and UnitedHealth Group, where $31K is the norm.

Popular Skills for Claims Processor


Claims Processors report using a diverse set of skills on the job. Most notably, skills in Insurance, Customer Service, Claim Handling, and Medical Coding are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Data Entry, Data Processing, and Billing. Those proficient in Claim Handling are, more often than not, also skilled in Billing and Medical Coding.

Pay by Experience Level for Claims Processor

Pay by Experience for a Claims Processor has a positive trend. An entry-level Claims Processor with less than 5 years of experience can expect to earn an average total compensation of $30,000 based on 209 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Claims Processor with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $35,000 based on 94 salaries. An experienced Claims Processor which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $37,000 based on 79 salaries. A Claims Processor with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $40,000 based on 27 salaries.

Pay Difference by Location

National Average: $32,481

Larger city markers indicate a job is popular in that location.

Claims Processors will find that Louisville offers an impressive pay rate, one which exceeds the national average by 18 percent. Claims Processors will also find cushy salaries in Houston (+14 percent), New York (+14 percent), Sacramento (+7 percent), and Phoenix (+6 percent). Place of residence plays a huge part in a Claims Processor's salary, with Columbia Claims Processors earning salaries that are 23 percent less than the national average. Workers in Richmond and San Antonio earn less than others in this profession; their salaries fall short of the national average by 7 percent.

Claims Processor Reviews

Q: What is it like working as a Claims Processor?

Claims Processor in Manhattan:
"I love the job and what it brings everyday."
Pros: Meeting new people and learning new disabilities and situations of the clients for the cases I process.
Cons: None.

Related Job Salaries

Key Stats for Claims Processor

Gender

Female
85 %
Male
15 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 45 votes.
Less than 1 year
7%
1-4 years
46%
5-9 years
19%
10-19 years
20%
20 years or more
8%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Claims Processor Salaries

▲24%

▲15%

▲8%

National Average
$32,000

▼6%

Skills That Affect Claims Processor Salaries

▲6%



Medical Coding
▼0%

National Average
$32,000

Typing
▼3%

Microsoft Office
▼4%

▼5%

Data Processing
▼7%

Data Entry
▼17%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 45 votes.

Gender

Female
85 %
Male
15 %

Years of Experience

Less than 1 year
7%
1-4 years
46%
5-9 years
19%
10-19 years
20%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 82%
dental benefits
Dental: 75%
vision benefits
Vision: 72%
no benefits
None: 14%