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Insurance Claims Representative Salary

Change Country United States » Job » Insurance Claims Representative Overview » Insurance Claims Representative Salary
Updated: 18 May 2013
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Rated 4 out of 5 based on 112 Insurance Claims Representative votes.
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Insurance Claims Representative 2013 Total Pay (?
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.
)
$28,036 - $66,042
(Median)
0
28K
34K
41K
53K
66K
MEDIAN: $41,395
10%
25%
50%
75%
90%
national salary data
National Salary Data

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$23K$46K$69K
Salary$30,848 - $65,099  
   
Bonus$0.00 - $5,020  
Profit Sharing$779 - $5,175  
Commission$0.00 - $1,028  
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).
)
$28,036 - $66,042  
PayScale
Country: United States | Currency: USD | Updated: 18 May 2013 | Individuals Reporting: 486

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Job Description for Insurance Claims Representative

Insurance claims representatives handle claims made by clients and protect the company they work for from false or fraudulent claims. They are the first person to handle a claim when one is made. They speak with the client who is making the claim and they determine if the claim is valid or not.
Because insurance claims representatives filter out/catch invalid claims, they therefore protects their company from being taken advantage of or paying undeserved money. If a claim is deserving of compensation though, the representatives code the claim and they recommend how much compensation should be paid.
Insurance claims representatives usually work normal business hours Monday through Friday. They generally work in an office or call center and report to an insurance claims manager. They must have a keen attention to detail and they must be very thorough as many who try to commit insurance fraud have done extensive research on how to try and pull it off. Insurance claims representatives do not need a college degree to be hired; they usually need to have at least a high school diploma and experience is customer service is preferred. However, a large amount of the training for the position comes from the insurance company that hires them.
Insurance Claims Representative Tasks
  • Performs system functions such as entering information and updates into database.
  • Provides claim status information to clients.
  • Verifies accuracy and completeness of insurance claims.
  • Conducts investigations to determine coverage for claims.
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company salaries
Companies and Industries for Insurance Claims Representative Salaries

Popular Employers

Salary Range

Popular Industries

Salary Range

Insurance Carrier$35,552 - $65,650
Insurance and Financial Services$35,313 - $65,548
Commercial Insurance$36,940 - $68,190
Insurance Agency or Brokerage$34,681 - $63,357
Health Insurance$35,863 - $65,522

key statistics
Key Statistics for Insurance Claims Representative Salaries and Jobs

Female
61%
female alumni
 
Male
39%
male alumni
Salary:$35,638 - $56,260 $36,869 - $55,271
Years of Experience
Less than 1 year
14%
1-4 years
31%
5-9 years
22%
10-19 years
21%
20 years or more
12%
Most Common Health Benefits
medical benefits Medical: 89% dental benefits Dental: 77%
vision benefits Vision: 60% employee benefits None: 9%

alumni reports
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career path
Career Path for Insurance Claims Representative Jobs

Common Past Jobs
Common Future Jobs

Insurance Claims Representative

Salary Range

$28,036 - $66,042
payscale
Customer Service Representative (CSR)
$19,522 - $41,590
Claims Adjuster / Examiner / Investigator
$30,933 - $65,632
Insurance Claims Adjuster
$33,454 - $66,129
 
Common Future Jobs

Insurance Claims Representative

Salary Range

$28,036 - $66,042
payscale
Claims Adjuster / Examiner / Investigator
$30,933 - $65,632
Insurance Claims Adjuster
$33,454 - $66,129
Insurance Claims Specialist
$26,732 - $74,052
 

career path
Salary Map for Insurance Claims Representative Jobs

Highest Salaries By City for Insurance Claims Representative Jobs

Top Cities by Popularity for Insurance Claims Representative Jobs

Highest Salaries By City Top Cities by Popularity

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