Insurance Claims Processor Salary

The average pay for an Insurance Claims Processor is $13.91 per hour.
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$25,225 - $50,497
(Median)
$25K
$36K
$50K
MEDIAN: $35,733
10%
50%
90%

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$10.93 - $19.73
(Median)
$11
$14
$20
MEDIAN: $13.00
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$17K$34K$51K
Salary
$25,225 - $50,497  
   
Bonus
$0.00 - $2,018  
Profit Sharing
$1,000  
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).
)
$23,969 - $48,302  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 93
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$11$22$33
Hourly Rate
$10.93 - $19.73  
   
Overtime
$13.17 - $32.82  
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$22K$44K$66K
Bonus
$0.00 - $2,018  
   
Profit Sharing
$1,000  
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).
)
$23,969 - $48,302  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 129
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Job Description for Insurance Claims Processor

Insurance claims processors evaluate whether to issue a payment (and how much) on an insurance claim by a policy-holder. Those in this position may work alongside investigators or other claims agents to establish the validity and accuracy of claims; then, they will determine whether the policy offers coverage and issue the appropriate payment.

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Insurance Claims Processor Tasks

  • Update database and process necessary paperwork.
  • Reviews claims for accuracy and completeness, verify eligibility and coverage level.
  • Assists in making claim settlement determinations.
  • Provides customer service to clients.

Claims Processor Job Listings

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Pay by Experience Level for Insurance Claims Processor

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

Related Job Salaries

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Experience Affects Insurance Claims Processor Salaries

Late-Career
up arrow 31%

Experienced
up arrow 20%

Mid-Career
0%

National Average
$32,000

Entry-Level
up arrow 6%

Skills That Affect Insurance Claims Processor Salaries

Claim Handling
up arrow 4%

Customer Service
up arrow 2%

National Average
$32,000

Data Entry
up arrow 8%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 37 votes.

Gender

Female
91 %
Male
9 %

Years of Experience

Less than 1 year
8%
1-4 years
40%
5-9 years
18%
10-19 years
19%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 75%
dental benefits
Dental: 68%
medical benefits
Vision: 58%
dental benefits
None: 20%
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