The average hourly pay for a Mid-Career Insurance Claims Specialist is $17.37.
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$14 - $24
$122 - $5,113
$1,048 - $6,104
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$30,604 - $67,574
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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
The top respondents for the job title Insurance Claims Specialist are from the companies State Farm Insurance Company, Allstate and Allstate. Reported salaries are highest at State Farm Insurance Company where the average pay is $28.34. Allstate pays the lowest at around $15.60.
Insurance Claims Specialist Job Listings
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Popular Skills for Insurance Claims Specialist
Avg. Hourly Rate
Skills in Claim Handling and Negotiation are correlated to pay that is above average. Skills that pay less than market rate include Medical Coding, Customer Service and Insurance.
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 $14.69 based on 99 salaries. An early career Insurance Claims Specialist with 1-4 years of experience earns an average total compensation of $15.52 based on 683 salaries. An experienced Insurance Claims Specialist with 10-19 years of experience earns an average total compensation of $18.16 based on 495 salaries. In their late career (20 years and higher), employees earn an average total compensation of $20.
Pay Difference by Location
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Employees with Insurance Claims Specialist in their job title in Atlanta, Georgia earn an average of 49.3% more than the national average. These job titles also find higher than average salaries in Chicago, Illinois (3.3% more) and Los Angeles, California (0.6% more). The lowest salaries can be found in Birmingham, Alabama (11.6% less), Columbus, Ohio (10.8% less) and Tampa, Florida (7.9% less).
Years of Experience
This data is based on 1,666 survey responses.