Salary for Insurance Policy Processing Clerks
This occupation has now been updated to Insurance Claims and Policy Processing Clerks
Also known as: Insurance Claims Clerk, Insurance Clerk, Insurance Examining Clerk, Insurance Policy Issue Clerk, Underwriting Assistant, Underwriting Clerk
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Insurance Policy Processing Clerks work for insurance companies and process applications for insurance policies as well as make changes to the policy, reinstate the policy and make cancellations. The duties within the position including answering customers questions and concerns, compiling insurance policy data and changes, canceling polies per request, verifying information and accuracy of records and calculating premium amounts, refund amounts and making adjustments into an insurance policy. A high school diploma is required and experience working in an insurance industry is preferred. On-the-job training is offered by companies as well.A Insurance Policy Processing Clerk will most likely earn wages that can range from $29,480 to $64,460 based on tenure and industry expertise. can get an average wage of fourty-five thousand and seventy dollars annually.
are compensated highest in Connecticut, where they can get average job salaries of just about $58,600. Employees who work in this career are compensated highest in Construction, where they receive an average salary rate of $52,160.
The annual compensation for this career has gone up since 2004. Salaries have increased by an average of 47.35 percent nationwide in that time.
Insurance Policy Processing Clerks tend to make the most in the following industries:
In general, they earn less within the industries below:
