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Insurance Contract Specialist Salary

The average pay for an Insurance Contract Specialist is $48,667 per year. People in this job generally don't have more than 20 years' experience. For the first five to ten years in this position, salary increases sharply, but any additional experience does not have a big effect on pay.
$32,146 - $70,506
(Median)
$32K
$49K
$71K
MEDIAN: $48,666
10%
50%
90%

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$13.52 - $21.84
(Median)
$14
$17
$22
MEDIAN: $17.00
10%
50%
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$24K$48K$72K
Salary
$32,146 - $70,506  
   
Bonus
$0.00 - $5,872  
Profit Sharing
$600 - $4,000  
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).
)
$29,320 - $66,367  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 75
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
$13.52 - $21.84  
   
Overtime
$17.77 - $33.97  
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 - $5,872  
   
Profit Sharing
$600 - $4,000  
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).
)
$29,320 - $66,367  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 50
United States (change)

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.

Insurance Contract Specialist Job Listings

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Experience Affects Insurance Contract Specialist Salaries

Experienced
up arrow 8%

Mid-Career
up arrow 5%

National Average
$43,000

Entry-Level
up arrow 13%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 29 votes.

Gender

Female
78 %
Male
22 %

Years of Experience

Less than 1 year
7%
1-4 years
38%
5-9 years
27%
10-19 years
16%
20 years or more
12%

Common Health Benefits

medical benefits Medical: 83% dental benefits Dental: 68%
vision benefits Vision: 48% employee benefits None: 13%