Late-Career Insurance Claims Specialist Salary

Late-Career Insurance Claims Specialists can expect wages of $69K per year on average. Total cash compensation to Late-Career Insurance Claims Specialists bottoms out near $35K and approaches $91K on the high end; the biggest paychecks include approximately $9K from bonuses and almost $8K from profit sharing. Medical benefits are awarded to a large number, and a fair number earn dental coverage. Job satisfaction is high and work is enjoyable for most Late-Career Insurance Claims Specialists. Men are in the minority of survey respondents, with female Late-Career Insurance Claims Specialists making up 77 percent. This report is based on responses to the PayScale salary survey.

$40,091 - $91,066
$40K
$69K
$91K
MEDIAN: $68,715
10%
50%
90%

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$14.89 - $31.57
$15
$19
$32
MEDIAN: $18.96
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$31K$62K$93K
Salary
$40,091 - $91,066  
   
Bonus
$0.00 - $8,809  
Profit Sharing
$0.00 - $7,946  
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).
)
$35,069 - $90,810  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 100
© PayScale, Inc. @ www.payscale.com
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$21$42$63
Hourly Rate
$14.89 - $31.57  
   
Overtime
$22.88 - $60.37  
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$50K$100K$150K
Bonus
$0.00 - $8,809  
   
Profit Sharing
$0.00 - $7,946  
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).
)
$35,069 - $90,810  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 51
© PayScale, Inc. @ www.payscale.com

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Key Stats for Insurance Claims Specialist

Gender

Female
77 %
Male
23 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 37 votes.
20 years or more
100%
Location:
Years in Fields/Career:
United States (change)

Skills That Affect Insurance Claims Specialist Salaries

Negotiation
▲23%

Claim Handling
▲1%

National Average
$60,000

Customer Service
▼3%

Insurance
▼8%

Medical Coding
▼33%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 37 votes.

Gender

Female
77 %
Male
23 %

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 77%
vision benefits
Vision: 72%
dental benefits
None: 10%
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