The average hourly pay for an Experienced Insurance Claims Specialist is $18.11.
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$14 - $25
$295 - $8,195
$0 - $8,384
$31,840 - $79,654
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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. Insurance claim specialists must be able to sit or stand for extended periods of time, due to the nature of their wor…Read more
Popular Employer Salaries for Insurance Claims Specialist
The top respondents for the job title Insurance Claims Specialist are from the companies State Farm Insurance Company.Reported salaries are highest at State Farm Insurance Company where the average pay is $29.45. State Farm Insurance Company pays the lowest at around $29.45.
Insurance Claims Specialist Job Listings
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Popular Skills for Insurance Claims Specialist
Avg. Hourly Rate
Skills in Claim Handling, Insurance and Negotiation are correlated to pay that is above average. Skills that pay less than market rate include Medical Coding.
Pay by Experience Level for Insurance Claims Specialist
An entry-level Insurance Claims Specialist with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $14.65 based on 91 salaries. An early career Insurance Claims Specialist with 1-4 years of experience earns an average total compensation of $15.54 based on 663 salaries. A mid-career Insurance Claims Specialist with 5-9 years of experience earns an average total compensation of $17.29 based on 413 salaries. In their late career (20 years and higher), employees earn an average total compensation of $20.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Insurance Claims Specialist in their job title in Minneapolis, Minnesota earn an average of 20.4% more than the national average. These job titles also find higher than average salaries in Tampa, Florida (13.4% more) and Houston, Texas (5.0% more). The lowest salaries can be found in Birmingham, Alabama (11.7% less), Atlanta, Georgia (5.1% less) and Columbus, Ohio (3.4% less).
Years of Experience
This data is based on 1,550 survey responses.
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