The average hourly pay for an Insurance Claims Specialist is $17.16.
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What Do Insurance Claims Specialists Do?
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
Job Satisfaction for Insurance Claims Specialist
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, Aetna, Inc. and Progressive Casualty Insurance Company. Reported salaries are highest at Progressive Casualty Insurance Company where the average pay is $32.50. Other companies that offer high salaries for this role include State Farm Insurance Company and Zurich, earning around $30.94 and $26.96, respectively. Allstate Insurance Company pays the lowest at around $15.26. Allstate and Aetna, Inc. also pay on the lower end of the scale, paying $15.63 and $16.47, respectively.
Explore the most common career paths for Insurance Claims Specialist. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner
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Insurance Claims Specialist
Claims Adjuster / Examiner / Investigato...
Medical Billing Specialist
Somewhat common (8 - 20%)
Insurance Claims Specialist Job Listings
What Are Popular Skills for Insurance Claims Specialists?
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 and Customer Service.
What is the Pay by Experience Level for Insurance Claims Specialists?
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 $14.96 based on 81 salaries. An early career Insurance Claims Specialist with 1-4 years of experience earns an average total compensation of $15.95 based on 566 salaries. A mid-career Insurance Claims Specialist with 5-9 years of experience earns an average total compensation of $17.42 based on 357 salaries. An experienced Insurance Claims Specialist with 10-19 years of experience earns an average total compensation of $18.48 based on 402 salaries. In their late career (20 years and higher), employees earn an average total compensation of $20.
Pay Difference by Location
Employees with Insurance Claims Specialist in their job title in New York, New York earn an average of 20.3% more than the national average. These job titles also find higher than average salaries in Dallas, Texas (16.6% more) and Atlanta, Georgia (12.0% more). The lowest salaries can be found in Houston, Texas (1.2% less).
Years of Experience
This data is based on 1,766 survey responses.