Insurance Claim or Policy Processing Clerk Salary

Insurance Claim or Policy Processing Clerks in the United States take home an average $14.29 per hour. Among survey respondents, women are more common than men; 82 percent of Insurance Claim or Policy Processing Clerks are female. The majority of workers are highly satisfied with their job. A large number report receiving medical coverage from their employers and more than half collect dental insurance. Figures cited in this summary are based on replies to PayScale's salary questionnaire.

$24,906 - $44,083
(Median)
$25K
$32K
$44K
MEDIAN: $31,505
10%
50%
90%

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$10.26 - $18.30
(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
$24,906 - $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).
)
$23,118 - $40,534  
Country: United States | Currency: USD | Updated: 2 Jul 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 - $18.30  
   
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).
)
$23,118 - $40,534  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 124
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. Office Managers of Medical Offices or Office Managers are common next-step roles for Insurance Claim or Policy Processing Clerks moving up in their careers; annual pay for Office Managers of Medical Offices is $7K higher on average, and it's $5K higher for Office Managers.

Insurance Claim or Policy Processing Clerk Job Listings

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Job skills reported by Insurance Claim or Policy Processing Clerks are limited. Those who have experience with Data Entry, Insurance, and Customer Service can expect to be compensated well for these skills. At the other end of the pay range are skills like Customer Service. Customer Service and Data Entry are also commonly seen together.

Pay by Experience Level for Insurance Claim or Policy Processing Clerk

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


Those in the early stages of their career can expect to make around $30K; however, individuals with five to 10 years of experience bring in $31K on average — a distinctly larger sum. The average pay reported by folks with 10 to 20 years of experience is around $32K. Veterans who have surpassed the 20-year mark may make no more than those who are navigating the mid-career stage.

Related Job Salaries

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Experience Affects Insurance Claim or Policy Processing Clerk Salaries

Experienced
up arrow 3%

Late-Career
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
0%

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: 80% dental benefits Dental: 66%
vision benefits Vision: 55% employee benefits None: 14%
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