An Insurance Claims Specialist earns an average salary of C$50,247 per year.

C$35,448 - C$76,402
C$35K
C$55K
C$76K
MEDIAN: C$54,615
10%
50%
90%
C$13.76 - C$28.70
C$18
MEDIAN: C$18.00
50%
C$0C$78K
Salary C$35,448 - C$76,402
Bonus C$500 - C$7,000
Profit Sharing C$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).
)
C$35,105 - C$78,898
  • Country: Canada
  • Currency: CAD
  • Updated: 13 Jan 2018
  • Individuals Reporting: 101
Hourly Data C$0C$28
Hourly Rate C$18.00
Overtime C$28.63
Annual Data C$0C$78K
Bonus C$500 - C$7,000
Profit Sharing C$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).
)
C$35,105 - C$78,898
  • Country: United States
  • Currency: CAD
  • Updated: 13 Jan 2018
  • Individuals Reporting: 6

Job Description for Insurance Claims Specialist

An insurance claim specialist’s job is to facilitate the processing of claims. They must make sure that all regulations are followed and must be very detail-oriented. A college degree is often preferred, but it is not always necessary for this position. Knowledge of computers is very necessary, as they must be able to use software and run reports specific to their line of work.

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Insurance Claims Specialist Tasks

  • Assists client in filing claims and handling other claim related correspondence.
  • Assesses damages and meets with insurance personnel to receive compensation for the client.
  • Analyzes and interprets insurance policy in order to answer client's questions.
  • Works with insurance provider to obtain temporary car, house, or funds for the client.

Insurance Claims Specialist Job Listings

Pay by Experience Level for Insurance Claims Specialist

Pay by Experience for an Insurance Claims Specialist has a positive trend. An entry-level Insurance Claims Specialist with less than 5 years of experience can expect to earn an average total compensation of C$38,000 based on 22 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Insurance Claims Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of C$61,000 based on 18 salaries. An experienced Insurance Claims Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of C$61,000 based on 13 salaries. An Insurance Claims Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of C$75,000 based on 7 salaries.

Pay Difference by Location

National Average: C$56,344

Larger city markers indicate a job is popular in that location.

Key Stats for Insurance Claims Specialist

Gender

Female
69 %
Male
31 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 13 votes.
Less than 1 year
2%
1-4 years
31%
5-9 years
27%
10-19 years
20%
20 years or more
21%

Experience Affects Insurance Claims Specialist Salaries

Late-Career
▲33%

Mid-Career
▲8%

Experienced
▲8%

National Average
C$56,000

Entry-Level
▼32%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 13 votes.

Gender

Female
69 %
Male
31 %

Years of Experience

Less than 1 year
2%
1-4 years
31%
5-9 years
27%
10-19 years
20%
20 years or more
21%

Common Health Benefits

medical benefits
Medical: 96%
dental benefits
Dental: 90%
vision benefits
Vision: 65%
no benefits
None: 3%