Insurance Claim or Policy Processing Clerk Salary

Earnings for Insurance Claim or Policy Processing Clerks in the United States come in at around $14.73 per hour on average. Health benefits are not claimed by all — close to one-fifth lack any form of coverage — but a strong majority have medical insurance, and the larger part have dental, too. The majority of Insurance Claim or Policy Processing Clerks claim high levels of job satisfaction. Women account for the majority of Insurance Claim or Policy Processing Clerks who took the survey — 87 percent to be exact. This snapshot results from replies to PayScale's salary survey.

$25,924 - $51,577
$26K
$33K
$52K
MEDIAN: $32,918
10%
50%
90%

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$10.96 - $20.19
$11
$15
$20
MEDIAN: $14.73
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$18K$36K$54K
Salary
$25,924 - $51,577  
   
Bonus
$426.63 - $4,932  
Profit Sharing
$991  
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).
)
$24,031 - $45,126  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 52
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$9$18$27
Hourly Rate
$10.96 - $20.19  
   
Overtime
$16.58 - $25.39  
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$18K$36K$54K
Bonus
$426.63 - $4,932  
   
Profit Sharing
$991  
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).
)
$24,031 - $45,126  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 104

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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Insurance Claim or Policy Processing Clerks often transition into Claims Examiner or Investigator positions, for which compensation tends to be much higher. On average, Claims Examiners and Investigators earn $45K per year. When Insurance Claim or Policy Processing Clerks are ready for the next step in their careers, they often become Office Managers of Medical Offices or Office Managers. Those roles pay an additional $6K and $4K, respectively.

Claims Processor Job Listings

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Popular Skills for Insurance Claim or Policy Processing Clerk


Overall, survey participants reported applying a fair number of skills to their work. Most notably, skills in Typing, Microsoft Excel, Claim Handling, and Insurance are correlated to pay that is above average. At the other end of the pay range are skills like Customer Service and Data Entry. Competency in Customer Service frequently indicates knowledge of Data Entry.

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
87 %
Male
13 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 21 votes.
Less than 1 year
8%
1-4 years
46%
5-9 years
19%
10-19 years
19%
20 years or more
9%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Insurance Claim or Policy Processing Clerk Salaries

Late-Career
▲24%

▲12%

National Average
$32,000

Mid-Career
▼1%

Entry-Level
▼4%

Skills That Affect Insurance Claim or Policy Processing Clerk Salaries

Typing
▲5%

Microsoft Excel
▲1%

National Average
$32,000

Insurance
▼2%

Claim Handling
▼2%

▼3%

Customer Service
▼12%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 21 votes.

Gender

Female
87 %
Male
13 %

Years of Experience

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

Common Health Benefits

medical benefits
Medical: 75%
dental benefits
Dental: 63%
vision benefits
Vision: 56%
no benefits
None: 21%