Insurance Clerk Salary at Mutualbank BETA

How much does a Mutualbank Insurance Clerk make?

As of January 2025, the average annual salary for an Insurance Clerk at Mutualbank is $63,166, which translates to approximately $30 per hour. Salaries for Insurance Clerk at Mutualbank typically range from $55,362 to $72,142, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

MutualBank Overview

Website:
mutualfederal.com
Size:
200 - 500 Employees
Revenue:
$50M - $200M
Industry:
Financial Services

Mutual Federal Savings Bank is an independent, mutually-owned savings bank serving the community's personal banking needs, with full-service offices in Whitman, Hanson, Halifax, and Carver. The Bank has operated continuously as an independent, local institution since 1889. Mutual Federal Savings Bank provides core financial services to individuals, with a special focus on meeting the needs and interests of members of the communities they serve.

See similar companies related to Mutualbank

What Skills Does a person Need at Mutualbank?

At Mutualbank, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Data Collection: Data collection is the process of gathering and measuring information on targeted variables in an established system, which then enables one to answer relevant questions and evaluate outcomes. Data collection is a component of research in all fields of study including physical and social sciences, humanities, and business. While methods vary by discipline, the emphasis on ensuring accurate and honest collection remains the same. The goal for all data collection is to capture quality evidence that allows analysis to lead to the formulation of convincing and credible answers to the questions that have been posed.
  2. Plumbing: Plumbing is any system that conveys fluids for a wide range of applications. Plumbing uses pipes, valves, plumbing fixtures, tanks, and other apparatuses to convey fluids. Heating and cooling (HVAC), waste removal, and potable water delivery are among the most common uses for plumbing, but it is not limited to these applications. The word derives from the Latin for lead, plumbum, as the first effective pipes used in the Roman era were lead pipes. In the developed world, plumbing infrastructure is critical to public health and sanitation. Boilermakers and pipefitters are not plumbers although they work with piping as part of their trade and their work can include some plumbing.
  3. Underwriting: Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.
  4. Square: Square in geometry, a plane figure with four equal sides and four right (90°) angles. A square is a special kind of rectangle and a special kind of parallelogram.
  5. Android: Android OS is a Linux-based mobile operating system that primarily runs on smartphones and tablets.

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Check more jobs information at Mutualbank

Job Title Average Mutualbank Salary Hourly Rate
2 Actuarial Analyst $72,201 $35
3 Assistant Branch Manager $49,310 $24
4 Auditor $88,873 $43
5 Bank Teller $33,169 $16
6 Business Development Consultant $98,291 $47
7 Claims Negotiator $115,640 $56
8 Client Service Administrator $50,204 $24
9 Client Services $39,780 $19
10 Commercial Lines Underwriter $66,616 $32
11 Commercial Loan Processor $47,382 $23
12 ETL Developer $65,061 $31
13 Inbound Call Center Agent $37,271 $18

Hourly Pay at Mutualbank

The average hourly pay at Mutualbank for an Insurance Clerk is $30 per hour. The location, department, and job description all have an impact on the typical compensation for Mutualbank positions. The pay range and total remuneration for the job title are shown in the table below. Mutualbank may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $63,166 look to you?

FAQ about Salary and Jobs at Mutualbank

1. How much does Mutualbank pay per hour?
The average hourly pay is $30. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Mutualbank?
According to the data, the highest approximate salary is about $72,142 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Mutualbank?
According to the data, the lowest estimated salary is about $55,362 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.