Insurance Claim or Policy Processing Clerk Salary

Insurance Claim or Policy Processing Clerks in the United States pull down an average of $14.34 per hour. Insurance Claim or Policy Processing Clerks who responded to the questionnaire are largely women, dominating at 82 percent. Most enjoy medical while the larger part get dental coverage. Vision coverage is also available to the greater part. For the most part, Insurance Claim or Policy Processing Clerks enjoy their work and report high levels of job satisfaction. This snapshot results from replies to PayScale's salary survey.

$24,906 - $44,083

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$10.32 - $18.25

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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$15K$30K$45K
Salary
$24,906 - $44,083  
   
Bonus
$0.00 - $1,939  
Profit Sharing
$786 - $1,018  
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).
)
$23,194 - $40,424  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 60
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
$10.32 - $18.25  
   
Overtime
$16.70 - $29.56  
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
$0.00 - $1,939  
   
Profit Sharing
$786 - $1,018  
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).
)
$23,194 - $40,424  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 128
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Job Description for Insurance Claim or Policy Processing Clerk

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

Common Career Paths for Insurance Claim or Policy Processing Clerk


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Insurance Claim or Policy Processing Clerks who move on to become Claims Examiners and Investigators may enjoy significant pay raises, as Claims Examiners and Investigators get paid an average of $45K per year. It is quite typical for Insurance Claim or Policy Processing Clerks to transition into roles as Office Managers of Medical Offices or Office Managers, where reported median earnings are $7K and $5K higher per year.

Insurance Claim or Policy Processing Clerk Job Listings

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Insurance Claim or Policy Processing Clerks report a focused set of job skills. Those who have experience with Data Entry, Insurance, and Customer Service can expect to be compensated well for these skills. Skills that pay less than market rate include Customer Service. Experience with Customer Service is often linked with knowledge of Data Entry.

Pay by Experience Level for Insurance Claim or Policy Processing Clerk

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For many Insurance Claim or Policy Processing Clerks, extensive experience does not lead to significantly more money. Survey participants with less than five years' experience pocket $29K on average, but those with five to 10 years of experience enjoy a much bigger median of $31K. On average, Insurance Claim or Policy Processing Clerks make $32K following one to two decades on the job. Individuals who have achieved more than 20 years of experience don't seem to earn any more than people who have 10 to 20 years under their belts.

Related Job Salaries

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Experience Affects Insurance Claim or Policy Processing Clerk Salaries

Late-Career
up arrow 4%

Experienced
up arrow 3%

Mid-Career
up arrow 2%

National Average
$31,000

Entry-Level
up arrow 4%

Skills That Affect Insurance Claim or Policy Processing Clerk Salaries

Data Entry
up arrow 1%

National Average
$31,000

Insurance
up arrow 2%

Customer Service
up arrow 7%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 39 votes.

Gender

Female
82 %
Male
18 %

Years of Experience

Less than 1 year
10%
1-4 years
35%
5-9 years
28%
10-19 years
19%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 81% dental benefits Dental: 67%
vision benefits Vision: 56% employee benefits None: 14%
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