Median pay for Insurance Claims Processors in the United States is around $14.50 per hour. A fair number report receiving medical coverage from their employers and more than half collect dental insurance. Most workers in this position report moderate levels of job satisfaction. Women account for the majority of Insurance Claims Processors who took the survey — 89 percent to be exact. The data in this summary comes from the PayScale salary survey.
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$28,618 - $53,582
(Median)
$29K
$38K
$54K
MEDIAN: $37,505
10%
50%
90%

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$11.63 - $19.76
(Median)
$12
$14
$20
MEDIAN: $14.00
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$18K$36K$54K
Salary
$28,618 - $53,582  
   
Bonus
$1,952  
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).
)
$25,670 - $48,936  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 45
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$16$32$48
Hourly Rate
$11.63 - $19.76  
   
Overtime
$12.91 - $46.98  
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$32K$64K$96K
Bonus
$1,952  
   
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).
)
$25,670 - $48,936  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 65
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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.


Experience is an important factor influencing the compensation of Insurance Claims Processors. During their first five years in the workforce, individuals in this position earn $31K on average. Survey participants with five to 10 years under their belts see an only a slightly bigger average of $31K. People with 10 to 20 years of experience make an average of about $40K in this role. Big financial gains seem to result from working for more than two decades; veterans in this group report earning $47K on average.

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Experience Affects Insurance Claims Processor Salaries

Late-Career
up arrow 46%

Experienced
up arrow 23%

National Average
$32,000

Mid-Career
up arrow 3%

Entry-Level
up arrow 4%

Skills That Affect Insurance Claims Processor Salaries

Customer Service
up arrow 1%

Claim Handling
up arrow 1%

National Average
$32,000

Data Entry
up arrow 10%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 17 votes.

Gender

Female
89 %
Male
11 %

Years of Experience

Less than 1 year
8%
1-4 years
49%
5-9 years
11%
10-19 years
18%
20 years or more
14%

Common Health Benefits

medical benefits
Medical: 77%
dental benefits
Dental: 64%
medical benefits
Vision: 61%
dental benefits
None: 19%
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