Insurance Claim or Policy Processing Clerk Salary

An average Insurance Claim or Policy Processing Clerk in the United States can expect to take home roughly $14.38 per hour. Most workers in this position report moderate levels of job satisfaction. Medical benefits are awarded to a large number, and more than half earn dental coverage. Among survey respondents, women are more common than men; 84 percent of Insurance Claim or Policy Processing Clerks are female. This overview is based on answers to PayScale's salary questionnaire.

$25,384 - $44,163
(Median)
$25K
$32K
$44K
MEDIAN: $31,635
10%
50%
90%

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$10.46 - $18.25
(Median)
$10
$14
$18
MEDIAN: $14.00
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$15K$30K$45K
Salary
$25,384 - $44,163  
   
Bonus
$0.00 - $1,578  
Profit Sharing
$970  
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).
)
$23,344 - $40,560  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 69
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
$10.46 - $18.25  
   
Overtime
$16.39 - $29.50  
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 - $1,578  
   
Profit Sharing
$970  
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).
)
$23,344 - $40,560  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 147
United States (change)

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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. The most common next step for an Insurance Claim or Policy Processing Clerk is to become an Office Manager of a Medical Office or an Office Manager. The former position pays an additional $7K per year on average, and the latter position pays $5K more per year.

Insurance Claim or Policy Processing Clerk Job Listings

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Survey takers who work as Insurance Claim or Policy Processing Clerks usually report a few specific skills. Most notably, skills in Typing, Claim Handling, Insurance, and Data Entry are correlated to pay that is above average. Skills that seem to negatively impact pay include Customer Service. 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

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


Insurance Claim or Policy Processing Clerks do not generally earn higher incomes from more experience in the field. The average inexperienced worker's salary is approximately $30K, and people with five to 10 years of experience bring in more at around $31K on average. For Insurance Claim or Policy Processing Clerks, 10 to 20 years of experience on the job amounts to an average salary of $32K. As Insurance Claim or Policy Processing Clerks reach more than two decades on the job, compensation remains commensurate with experience; the average pay in this group is $34K.

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Experience Affects Insurance Claim or Policy Processing Clerk Salaries

Late-Career
up arrow 11%

Experienced
up arrow 4%

Mid-Career
up arrow 2%

National Average
$31,000

Entry-Level
up arrow 4%

Skills That Affect Insurance Claim or Policy Processing Clerk Salaries

Typing
up arrow 4%

Claim Handling
up arrow 1%

Insurance
0%

National Average
$31,000

Data Entry
up arrow 1%

Customer Service
up arrow 9%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 44 votes.

Gender

Female
84 %
Male
16 %

Years of Experience

Less than 1 year
11%
1-4 years
37%
5-9 years
27%
10-19 years
18%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 80%
dental benefits
Dental: 67%
medical benefits
Vision: 56%
dental benefits
None: 14%
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