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Updated December 11, 2024

Insurance Claims and Policy Processing Clerks Salaries

Hot Springs, Arkansas, US

Average Base Pay

$35,530/yr

17.08% above national average

Additional Cash Compensation

Average: $35,530


Range: $24,530-$56,330

 

How much does a Insurance Claims and Policy Processing Clerks role make in Hot Springs, Arkansas, US?

Career Ladder Pay for Insurance Claims and Policy Processing Clerks Roles

A person in an entry-level Insurance Claims and Policy Processing Clerks role with under one year of job experience can expect to make an average annual salary of $24,530. A Insurance Claims and Policy Processing Clerks candidate with 1-4 years of experience makes an average total salary of $30,610. A person in a mid-career Insurance Claims and Policy Processing Clerks role with 5-9 years of experience makes an average salary of $35,530 a year. Insurance Claims and Policy Processing Clerks with 10 or more years of experience make an average of $39,780. In their late career (over 20 years of experience), a person in a Insurance Claims and Policy Processing Clerks role’s annual salary averages $56,330 per year.

What is the average Insurance Claims and Policy Processing Clerks salary in Hot Springs, Arkansas, US?

Average base salary, as of 2024 : $35,530

Salary Breakdown

  Average base salary (percentile)
 25th50th75th
Annual salary$8,883$17,765$26,648
Monthly salary$740$1,480$2,221
Weekly salary$185$370$555
Hourly salary$26$53$79

Where can a Insurance Claims and Policy Processing Clerks role earn more money?

VS

Similar jobs with comparable annual salaries.

FREQUENTLY ASKED SALARY QUESTIONS

Will extra certification for Insurance Claims and Policy Processing Clerks roles boost salary?

While certifications are not required for every Insurance Claims and Policy Processing Clerks position, they can certainly increase your salary and lead to an easier recruitment process when applying to enterprises that favor candidates with additional certifications.

Is the Insurance Claims and Policy Processing Clerks position in high demand?

The current Bureau of Labor Statistics states the salary is $35,530 higher than the national average for Insurance Claims and Policy Processing Clerks positions.

Is there advancement potential for a Insurance Claims and Policy Processing Clerks role?

Yes, there is strong potential for promotion — either with an additional educational degree or with continued years of experience. There are a multitude of other positions Insurance Claims and Policy Processing Clerks roles that can advance both internally and with another company.

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