Claims Processor
Claims Processor Job Description
Insurance Policy Processing Clerks Process applications for, changes to, reinstatement of, and cancellation of insurance policies. Duties include reviewing insurance applications to ensure that all questions have been answered, compiling data on insurance policy changes, changing policy records to conform to insured party’s specifications, compiling data on lapsed insurance policies to determine automatic reinstatement according to company policies, canceling insurance policies as requested by agents, and verifying the accuracy of insurance company records.
Claims Processor Salary Statistics as of 2015
Average annual salary for a Claims Processor is $30934 based on statistics in the U.S. as of 2015. The highest salary recorded was $43315. The lowest salary reported was $24392. These figures will vary on a state to state basis as these are averages across all 50 states.
Median hourly wage for a Claims Processor is $15.38 based on statistics in the U.S. as of 2015. The highest hourly rate recorded was $21.54. The lowest hourly rate recorded was $12.13. These figures will vary on a state to state basis as these are averages across all 50 states.
Bonuses for a Claims Processor are based on the years of experience using statistics from the U.S. as of 2015. The average bonus recorded was $0 from people with 15+ years of experience. The average bonus recorded was $0 from people with under 1 year of experience.
These are the highest paying states for a Claims Processor. These numbers are based off the median annual salary as of 2015.
California – $29,174 – $33,500
Colorado – n/a
Illinois – n/a
Michigan – n/a
Missouri – n/a
Tennessee – n/a
Texas – n/a
These are the highest paying cities for a Claims Processor. These numbers are based off the median annual salary as of 2015.
Murfreesboro, Tennessee –
Visalia, California –
Dallas, Texas –
Frederick, Maryland –
This chart outlines the average annual salary of a Claims Processor from the past 5 years. In 2015 the average annual salary was $30934 while in 2007 it was just $28687.65
Job Outlook
Gender Statistics |
Related Jobs |
||
|
24%
76%
|
Based on our stats gathered across the U.S. 24% of Claims Processors were males while 76% were females. These numbers are based on averages across all states combined. Some individual states may have a much different ratio however.
|
Past Jobs |
Future Jobs Claims Processor/Billing |
Twitter
Facebook
RSS
Google +
Contact Us
Youtube
Linkedin