Insurance Claim or Policy Processing Clerk Salary

Insurance Claim or Policy Processing Clerks in the United States can expect wages of $14.27 per hour on average. There are far more female Insurance Claim or Policy Processing Clerks who answered the questionnaire than men, making up 82 percent. Most Insurance Claim or Policy Processing Clerks like their work and job satisfaction is high. Most enjoy medical while a majority get dental coverage. Vision coverage is also available to the larger part. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$24,664 - $44,006
(Median)
$25K
$31K
$44K
MEDIAN: $31,375
10%
50%
90%

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$10.25 - $18.32
(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
$24,664 - $44,006  
   
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).
)
$23,015 - $40,534  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 61
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
$10.25 - $18.32  
   
Overtime
$16.67 - $29.63  
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 - $1,939  
   
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).
)
$23,015 - $40,534  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 123
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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 typically list a handful of skills they use on the job. 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. Many workers who know Customer Service also know 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.


The average beginner in this position makes around $30K, but folks who have been around for five to 10 years see a markedly higher median salary of $31K. Insurance Claim or Policy Processing Clerks see a median salary of $32K after reaching one to two decades on the job. People who have worked for 20 years or more actually report earning less than people who are in the middle of their careers; the veterans take home a mere $31K by contrast.

Related Job Salaries

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Experience Affects Insurance Claim or Policy Processing Clerk Salaries

Experienced
up arrow 4%

Mid-Career
up arrow 3%

Late-Career
up arrow 1%

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
36%
5-9 years
28%
10-19 years
18%
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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