The average pay for an Insurance Contract Specialist is $49,518 per year. People in this job generally don't have more than 20 years' experience.
Insurance Contract Specialist 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.
)
$30,487 - $67,929
(Median)
30K
39K
50K
59K
68K
MEDIAN: $49,518
10%
25%
50%
75%
90%
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Insurance Contract Specialist 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.
)
$13.07 - $24.66
(Median)
13
17
20
25
MEDIAN: $16.00
10%
50%
75%
90%
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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
$30,487 - $67,929  
   
Bonus
$0.00 - $5,970  
Profit Sharing
$605 - $3,561  
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).
)
$29,136 - $67,913  
PayScale
Country: United States | Currency: USD | Updated: 17 Apr 2014 | Individuals Reporting: 147
National Hourly Rate 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$12$24$36
Hourly Rate
$13.07 - $24.66  
   
Overtime
$17.45 - $33.80  
National Annualized 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$24K$48K$72K
Bonus
$0.00 - $5,970  
   
Profit Sharing
$605 - $3,561  
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).
)
$29,136 - $67,913  
PayScale
Country: United States | Currency: USD | Updated: 17 Apr 2014 | Individuals Reporting: 147
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Job Description for Insurance Contract Specialist
  • Edit or amend contracts and handle terms of contract breach.
  • Prepare, review, and evaluate contracts for compliance of legality and for profitability if applicable.
  • Negotiate insurance contract terms with clientele.
Related Job Salaries

Experience Affects Insurance Contract Specialist Salaries

Experienced
up arrow 12%
Mid-Career
up arrow 5%
National Average
$45,000
Entry-Level
up arrow 12%
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 29 votes.
Gender
Female
73%
female alumni
 
Male
27%
male alumni
Years of Experience
Less than 1 year
7%
1-4 years
40%
5-9 years
29%
10-19 years
15%
20 years or more
10%
Common Health Benefits
medical benefits Medical: 83% dental benefits Dental: 71%
vision benefits Vision: 52% employee benefits None: 13%
Find Out Exactly What You Should Be Paid
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