Insurance Contract Specialist Salary

The average pay for an Insurance Contract Specialist is $16.94 per hour.

$30,913 - $49,667
$31K
$40K
$50K
MEDIAN: $39,899
10%
50%
90%

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$12.70 - $24.22
$13
$17
$24
MEDIAN: $16.94
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
$30,913 - $49,667  
   
Bonus
$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).
)
$27,511 - $50,463  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 13
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$9$18$27
Hourly Rate
$12.70 - $24.22  
   
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$18K$36K$54K
Bonus
$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).
)
$27,511 - $50,463  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 15

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United States (change)

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Job Description for Insurance Contract Specialist

  • Negotiate insurance contract terms with clientele.
  • Prepare, review, and evaluate contracts for compliance of legality and for profitability if applicable.
  • Edit or amend contracts and handle terms of contract breach.

Insurance Contract Specialist Job Listings

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Pay by Experience Level for Insurance Contract Specialist

Pay by Experience for an Insurance Contract Specialist has a positive trend. An entry-level Insurance Contract Specialist with less than 5 years of experience can expect to earn an average total compensation of $40,000 based on 17 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Insurance Contract Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $35,000 based on 6 salaries. An experienced Insurance Contract Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $41,000 based on 8 salaries. An Insurance Contract Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $52,000 based on 9 salaries.

Key Stats for Insurance Contract Specialist

Gender

Female
92 %
Male
8 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 2 votes.
Less than 1 year
4%
1-4 years
54%
5-9 years
18%
10-19 years
14%
20 years or more
11%
Location:
Years in Fields/Career:
United States (change)

Related Jobs

Experience Affects Insurance Contract Specialist Salaries

Late-Career
▲31%

Experienced
▲3%

Entry-Level
▲1%

National Average
$40,000

Mid-Career
▼12%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 2 votes.

Gender

Female
92 %
Male
8 %

Years of Experience

Less than 1 year
4%
1-4 years
54%
5-9 years
18%
10-19 years
14%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 80%
dental benefits
Dental: 70%
vision benefits
Vision: 70%
no benefits
None: 20%