What am I worth?
Get a free salary report »
What should I pay?
Pay the right way »

Insurance Claims Analyst Salary

Earnings for Insurance Claims Analysts in the United States come in at around $47K annually on average. Pay generally varies between $28K and $70K per year. Career duration is the biggest factor affecting pay for this group, followed by geography. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. The majority of Insurance Claims Analysts (67 percent) who took the survey are female. Work is enjoyable for Insurance Claims Analysts, who typically claim high levels of job satisfaction. The numbers in this rundown were provided by PayScale's salary survey participants.
Read More
$32,438 - $71,029
(Median)
$32K
$47K
$71K
MEDIAN: $46,588
10%
50%
90%

Add this chart to your site: 640px    300px

$11.15 - $20.80
(Median)
$11
$16
$21
MEDIAN: $16.00
10%
50%
90%

Add this chart to your site: 640px    300px

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$24K$48K$72K
Salary
$32,438 - $71,029  
   
Bonus
$0.00 - $4,996  
Profit Sharing
$814 - $3,025  
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).
)
$28,087 - $69,982  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 204
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$12$24$36
Hourly Rate
$11.15 - $20.80  
   
Overtime
$19.35 - $34.52  
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$24K$48K$72K
Bonus
$0.00 - $4,996  
   
Profit Sharing
$814 - $3,025  
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).
)
$28,087 - $69,982  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 101

Find Out Exactly What You Should Be Paid

United States (change)

- OR -

Log in with LinkedIn

Comp Managers Click 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

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

Common Career Paths for Insurance Claims Analyst


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


Insurance Claims Analysts' salary tends to stay somewhat level for those who assume higher-end positions like Insurance Claims Specialist. Median pay for Insurance Claims Specialists is $41K.

Insurance Claims Representative Job Listings

Search for more jobs:


Insurance Claims Analysts who responded to the survey report just a handful of professional skills. Oral / Verbal Communication and Data Analysis are considered valuable skills and can increase employee pay. Aptitude in Data Analysis tends to also indicate an understanding of Oral / Verbal Communication.

Pay by Experience Level for Insurance Claims Analyst

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


Experience seems to be a major factor in determining the incomes of Insurance Claims Analysts. Someone who has worked for fewer than five years earns around $40K on average. Individuals with five to 10 years of experience don't get much more, though; the average income in this group is $41K. Insurance Claims Analysts who work for 10 to 20 years in their occupation tend to earn about $46K. Insurance Claims Analysts who have spent more than 20 years on the job report earning a significantly higher median of $61K.

Insurance Claims Analyst Advice

What do you wish you knew about your job when you first started out?

Insurance Claims Analyst in Indianapolis:
"If you're not a firefighter now, you will be soon."
Prepare to spend your days hopping from one pressing matter to the next, kicking the can down the road in terms of trying to help bring matters to a close, internal and external customers galore, very little sense of closure, and no real tools at your disposal to make everyone happy.

Related Job Salaries

United States (change)

Experience Affects Insurance Claims Analyst Salaries

Late-Career
up arrow 46%

Experienced
up arrow 8%

National Average
$42,000

Mid-Career
up arrow 3%

Entry-Level
up arrow 4%

Skills That Affect Insurance Claims Analyst Salaries

Oral / Verbal Communication
up arrow 7%

Data Analysis
up arrow 2%

National Average
$42,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 61 votes.

Gender

Female
67 %
Male
33 %

Years of Experience

Less than 1 year
7%
1-4 years
33%
5-9 years
28%
10-19 years
24%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 79%
vision benefits Vision: 67% employee benefits None: 11%