$34,832
Avg. Salary
$14.91
Avg. Hourly Rate

Average additional compensation:

$1,049

Bonus

$1,500

Profit Sharing

$3,750

Commission

What am I worth?
How should I pay?

The average pay for an Insurance Claim Or Policy Processing Clerk is $14.91 per hour.

The average pay for an Insurance Claim Or Policy Processing Clerk is $34,832 per year.

10%
$11.26
10%
$14.91
50%
$20.16
90%
90%
MEDIAN $14.91
10%
$28k
10%
$35k
50%
$52k
90%
90%
MEDIAN $34,832
$27,667 - $51,947
$28K
$35K
$52K
MEDIAN: $34,832
10%
50%
90%

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$11.26 - $20.16
$11
$15
$20
MEDIAN: $14.91
10%
50%
90%

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$0$51K
Salary $27,667 - $51,947
Bonus $255 - $3,523
Profit Sharing $1,500
Commission $3,750
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).
)
$24,624 - $46,787
  • Country: United States
  • Currency: USD
  • Updated: 19 Mar 2019
  • Individuals Reporting: 98
Hourly Data $0$30
Hourly Rate $11.26 - $20.16
Overtime $17.98 - $30.30
Annual Data $0$46K
Bonus $255 - $3,523
Commission $3,750
Profit Sharing $1,500
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).
)
$24,624 - $46,787
  • Country: United States
  • Currency: USD
  • Updated: 19 Mar 2019
  • Individuals Reporting: 194

Job Description for Insurance Claim or Policy Processing Clerk

  • Processes new insurance policies; updates existing policy documentation and company records.
  • Maintains documents and records of insurance applications.
  • Responds to inquiries and requests for information from customers and staff.
  • Verifies the accuracy and completeness of claim forms.

Common Career Paths for Insurance Claim or Policy Processing Clerk


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Advancing into a Claims Examiner or Investigator role seems to be a popular career move for Insurance Claim or Policy Processing Clerks, and folks who currently work in the latter position report a notably larger median income of $45K per year. The most common next step for an Insurance Claim or Policy Processing Clerk is to become an Office Manager of a Medical Office or an Office Manager. The former position pays an additional $5K per year on average, and the latter position pays $3K more per year.

Insurance Claim or Policy Processing Clerk Job Listings

Popular Skills for Insurance Claim or Policy Processing Clerk


Insurance Claim or Policy Processing Clerks generally report applying a varied skill set to their work. Most notably, skills in Typing, Microsoft Excel, Claim Handling, and Insurance are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Customer Service, Data Entry, and Insurance. Customer Service and Data Entry are also commonly seen together.

Pay by Experience Level for Insurance Claim or Policy Processing Clerk

Pay by Experience for an Insurance Claim or Policy Processing Clerk has a positive trend. An entry-level Insurance Claim or Policy Processing Clerk with less than 5 years of experience can expect to earn an average total compensation of $30,000 based on 94 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Insurance Claim or Policy Processing Clerk with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $31,000 based on 36 salaries. An experienced Insurance Claim or Policy Processing Clerk which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $36,000 based on 35 salaries. An Insurance Claim or Policy Processing Clerk with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $39,000 based on 14 salaries.

Related Job Salaries

Key Stats for Insurance Claim or Policy Processing Clerk

Gender

Female
88 %
Male
12 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 50 votes.
Less than 1 year
10%
1-4 years
45%
5-9 years
18%
10-19 years
19%
20 years or more
8%

Experience Affects Insurance Claim or Policy Processing Clerk Salaries

Late-Career
▲20%

▲9%

National Average
$33,000

Mid-Career
▼4%

Entry-Level
▼7%

Skills That Affect Insurance Claim or Policy Processing Clerk Salaries

Typing
▲1%

National Average
$33,000

Microsoft Excel
▼2%

Insurance
▼5%

Claim Handling
▼5%

▼6%

Customer Service
▼15%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 50 votes.

Gender

Female
88 %
Male
12 %

Years of Experience

Less than 1 year
10%
1-4 years
45%
5-9 years
18%
10-19 years
19%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 75%
dental benefits
Dental: 64%
vision benefits
Vision: 58%
no benefits
None: 22%