Insurance Claim or Policy Processing Clerk Salary

Insurance Claim or Policy Processing Clerks in the United States pull down an average of $14.25 per hour. Medical benefits are awarded to a strong majority, and the greater part earn dental coverage. Insurance Claim or Policy Processing Clerks who responded to the questionnaire are largely women, dominating at 82 percent. Most Insurance Claim or Policy Processing Clerks like their work and job satisfaction is high. The data in this summary comes from the PayScale salary survey.

$24,368 - $42,724
(Median)
$24K
$31K
$43K
MEDIAN: $31,183
10%
50%
90%

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$10.26 - $18.43
(Median)
$10
$14
$18
MEDIAN: $14.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$15K$30K$45K
Salary
$24,368 - $42,724  
   
Bonus
$0.00 - $1,987  
Profit Sharing
$800 - $1,400  
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).
)
$22,748 - $40,263  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 60
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$10$20$30
Hourly Rate
$10.26 - $18.43  
   
Overtime
$16.60 - $29.75  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$20K$40K$60K
Bonus
$0.00 - $1,987  
   
Profit Sharing
$800 - $1,400  
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).
)
$22,748 - $40,263  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 124

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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 might see a strong upturn in salary after transitioning into upper-level roles such as Claims Examiner or Investigator, a seemingly popular career choice. People currently working in the latter position report a noticeably higher median income 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 usually report a few specific skills. Those who have experience with Data Entry, Insurance, and Customer Service can expect to be compensated well for these skills. Skills that seem to negatively impact pay include Customer Service. It is not unusual for someone who knows Customer Service to be familiar with Data Entry as well.

Pay by Experience Level for Insurance Claim or Policy Processing Clerk

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


Respondents with less than five years' experience take home $30K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $31K. Insurance Claim or Policy Processing Clerks claiming one to two decades of experience make an estimated median of $31K. People who have worked for more than 20 years report a median income no higher than the median for folks with 10 to 20 years of experience.

Related Job Salaries

United States (change)

Experience Affects Insurance Claim or Policy Processing Clerk Salaries

Mid-Career
up arrow 3%

Experienced
up arrow 2%

Late-Career
up arrow 1%

National Average
$31,000

Entry-Level
up arrow 2%

Skills That Affect Insurance Claim or Policy Processing Clerk Salaries

Data Entry
up arrow 8%

National Average
$31,000

Insurance
up arrow 2%

Customer Service
up arrow 7%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 41 votes.

Gender

Female
82 %
Male
18 %

Years of Experience

Less than 1 year
10%
1-4 years
36%
5-9 years
28%
10-19 years
18%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 79% dental benefits Dental: 66%
vision benefits Vision: 53% employee benefits None: 15%