Insurance Claims Analyst Salary

Median pay for Insurance Claims Analysts in the United States lies in the neighborhood of $51K per year. Experience level and the particular city each impact pay for this group, with the former having the largest influence. Most Insurance Claims Analysts survey respondents are women (71 percent). Among folks in this role, job satisfaction levels approximately match the national average. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. Participants in PayScale's salary questionnaire provided the particulars of this report.
Read More
$34,796 - $75,991
$35K
$51K
$76K
MEDIAN: $51,472
10%
50%
90%

Add this chart to your site: 640px    300px

$13.00 - $23.32
$13
$17
$23
MEDIAN: $16.80
10%
50%
90%

Add this chart to your site: 640px    300px

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$26K$52K$78K
Salary
$34,796 - $75,991  
   
Bonus
$13.75 - $10,000  
Profit Sharing
$3,500  
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).
)
$31,258 - $71,799  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 112
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$12$24$36
Hourly Rate
$13.00 - $23.32  
   
Overtime
$18.57 - $29.25  
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$24K$48K$72K
Bonus
$13.75 - $10,000  
   
Profit Sharing
$3,500  
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).
)
$31,258 - $71,799  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 59

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

Job Description for Insurance Claims Analyst

Insurance claims analysts are responsible for a variety of tasks, including reviewing and analyzing claims and expenses, processing new claims and completing old ones, and acting as a liaison among the company, attorneys, insurance brokers, carriers and offices. They are also in charge of preparing and filing legal documents, cataloging files for storage, handling personal issues for their company CEO, and supervising employees. The insurance claims analyst also interviews, hires, and trains employees, as well as addresses any employee complaints and problems. These analysts generally work for insurance companies specifically or for companies that need that services.

Read More...

Insurance Claims Analyst Tasks

  • Resolves claims processing errors and issues.
  • Completes analysis of claims processing including payments and compliance.
  • Reviews and processes claim transactions, reports, monitors charges and payments.
  • Identifies coordination of benefits with other insurers.

Common Career Paths for Insurance Claims Analyst


Add this chart to your site:   640px 640px    300px 300px


Many Insurance Claims Analysts move into Insurance Claims Specialist roles. Insurance Claims Specialists seem to make a little less than Insurance Claims Analysts as their salaries average out to $41K a year.

Insurance Claims Representative Job Listings

Search for more jobs:

Pay by Experience Level for Insurance Claims Analyst

Pay by Experience for an Insurance Claims Analyst has a positive trend. An entry-level Insurance Claims Analyst with less than 5 years of experience can expect to earn an average total compensation of $41,000 based on 91 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Insurance Claims Analyst with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $58,000 based on 44 salaries. An experienced Insurance Claims Analyst which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $49,000 based on 49 salaries. An Insurance Claims Analyst with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $54,000 based on 24 salaries.

Related Job Salaries

Key Stats for Insurance Claims Analyst

Gender

Female
71 %
Male
29 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 22 votes.
Less than 1 year
9%
1-4 years
36%
5-9 years
17%
10-19 years
24%
20 years or more
14%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Insurance Claims Analyst Salaries

Mid-Career
▲27%

▲18%

▲7%

National Average
$45,000

▼11%

Skills That Affect Insurance Claims Analyst Salaries

Negotiation
▲64%

▲11%

National Average
$45,000

Oral / Verbal Communication
▼1%


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 22 votes.

Gender

Female
71 %
Male
29 %

Years of Experience

Less than 1 year
9%
1-4 years
36%
5-9 years
17%
10-19 years
24%
20 years or more
14%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 79%
vision benefits
Vision: 65%
no benefits
None: 10%