Insurance Claim or Policy Processing Clerk Salary

Insurance Claim or Policy Processing Clerks in the United States pull down an average of $14.86 per hour. Medical benefits are awarded to a strong majority, and the larger part earn dental coverage. Among survey respondents, women are more common than men; 89 percent of Insurance Claim or Policy Processing Clerks are female. Though the majority of Insurance Claim or Policy Processing Clerks do not report high levels of job satisfaction, most are moderately content with their role. This report is based on responses to the PayScale salary survey.

$25,595 - $52,495
$26K
$34K
$52K
MEDIAN: $34,128
10%
50%
90%

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$10.92 - $20.93
$11
$15
$21
MEDIAN: $14.86
10%
50%
90%

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$0$52K
Salary $25,595 - $52,495
Bonus $419.98 - $4,949
Profit Sharing $1,750
Commission $3,750
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).
)
$23,664 - $48,129
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 54
Hourly Data $0$35
Hourly Rate $10.92 - $20.93
Overtime $16.74 - $35.75
Annual Data $0$48K
Bonus $419.98 - $4,949
Commission $3,750
Profit Sharing $1,750
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).
)
$23,664 - $48,129
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 123

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Insurance Claim or Policy Processing Clerk

  • Processes new insurance policies; updates existing policy documentation and company records.
  • Maintains documents and records of insurance applications.
  • Responds to inquiries and requests for information from customers and staff.
  • Verifies the accuracy and completeness of claim forms.

Common Career Paths for Insurance Claim or Policy Processing Clerk


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Many Insurance Claim or Policy Processing Clerks move into a Claims Examiner or Investigator role, and folks who currently hold that position report a much higher median income of $45K per year. Office Managers of Medical Offices or Office Managers are common next-step roles for Insurance Claim or Policy Processing Clerks moving up in their careers; annual pay for Office Managers of Medical Offices is $5K higher on average, and it's $3K higher for Office Managers.

Insurance Claim or Policy Processing Clerk Job Listings

Popular Skills for Insurance Claim or Policy Processing Clerk


Survey results suggest that Insurance Claim or Policy Processing Clerks use a fairly large toolkit of professional skills. Most notably, skills in Typing, Microsoft Excel, Claim Handling, and Insurance are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Customer Service, Data Entry, and Insurance. Customer Service and Data Entry are correlating skills — those who know the former usually know the latter.

Pay by Experience Level for Insurance Claim or Policy Processing Clerk

Pay by Experience for an Insurance Claim or Policy Processing Clerk has a positive trend. An entry-level Insurance Claim or Policy Processing Clerk with less than 5 years of experience can expect to earn an average total compensation of $30,000 based on 94 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Insurance Claim or Policy Processing Clerk with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $31,000 based on 36 salaries. An experienced Insurance Claim or Policy Processing Clerk which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $36,000 based on 35 salaries. An Insurance Claim or Policy Processing Clerk with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $39,000 based on 14 salaries.

Related Job Salaries

Key Stats for Insurance Claim or Policy Processing Clerk

Gender

Female
89 %
Male
11 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 26 votes.
Less than 1 year
8%
1-4 years
47%
5-9 years
18%
10-19 years
18%
20 years or more
8%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Insurance Claim or Policy Processing Clerk Salaries

Late-Career
▲22%

▲11%

National Average
$32,000

Mid-Career
▼3%

Entry-Level
▼5%

Skills That Affect Insurance Claim or Policy Processing Clerk Salaries

Typing
▲3%

Microsoft Excel
▼0%

National Average
$32,000

Claim Handling
▼3%

Insurance
▼4%

▼5%

Customer Service
▼13%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 26 votes.

Gender

Female
89 %
Male
11 %

Years of Experience

Less than 1 year
8%
1-4 years
47%
5-9 years
18%
10-19 years
18%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 77%
dental benefits
Dental: 62%
vision benefits
Vision: 59%
no benefits
None: 19%
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