Medical Coder Salary at Njm Insurance Group BETA

How much does a Njm Insurance Group Medical Coder make?

As of December 2024, the average annual salary for a Medical Coder at Njm Insurance Group is $72,863, which translates to approximately $35 per hour. Salaries for Medical Coder at Njm Insurance Group typically range from $64,741 to $82,127, 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.

NJM Insurance Group Overview

Website:
njm.com
Size:
1,000 - 3,000 Employees
Revenue:
$3B - $5B
Industry:
Insurance

New Jersey Manufacturers (NJM) Insurance Company offers personal auto, commercial auto, workers' compensation, homeowners, condo, renters, and umbrella insurance. The company was founded in 1913 and is headquartered in the West Trenton section of Ewing Township, Mercer County, New Jersey.

See similar companies related to Njm Insurance Group

What Skills Does a person Need at Njm Insurance Group?

At Njm Insurance Group, 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. CPT: Current Procedural Terminology (CPT) is a medical code set that is used to report medical, surgical, and diagnostic procedures and services to entities such as physicians, health insurance companies and accreditation organizations.
  2. Billing: Billing refers to the aspect of banking, whereby someone is charged accurately for what item they purchased.
  3. Medical Coding: Is the transformation of healthcare diagnosis, procedures, medical services, and equipment into universal medical alphanumeric codes.
  4. Health Information Management: Health information management (HIM) is information management applied to health and health care. It is the practice of acquiring, analyzing and protecting digital and traditional medical information vital to providing quality patient care. With the widespread computerization of health records, traditional (paper-based) records are being replaced with electronic health records (EHRs). The tools of health informatics and health information technology are continually improving to bring greater efficiency to information management in the health care sector. Both hospital information systems and Human Resource for Health Information System (HRHIS) are common implementations of HIM. Health information management professionals plan information systems, develop health policy, and identify current and future information needs. In addition, they may apply the science of informatics to the collection, storage, analysis, use, and transmission of information to meet legal, professional, ethical and administrative records-keeping requirements of health care delivery. They work with clinical, epidemiological, demographic, financial, reference, and coded healthcare data. Health information administrators have been described to "play a critical role in the delivery of healthcare in the United States through their focus on the collection, maintenance and use of quality data to support the information-intensive and information-reliant healthcare system".
  5. Physiology: It is the branch of biology that aims to understand the mechanisms of living things, from the basis of cell function at the ionic and molecular level to the integrated behaviour of the whole body and the influence of the external environment.

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Check more jobs information at Njm Insurance Group

Job Title Average Njm Insurance Group Salary Hourly Rate
2 Workers' Compensation Claims Representative $56,776 $27
3 Property Claim Representative $66,091 $32
4 Property Claims Adjuster $85,547 $41
5 Recovery Specialist $51,658 $25
6 Safety Security Coordinator $70,982 $34
7 Sales & Marketing Specialist $93,910 $45
8 Senior Appraiser $108,957 $52
9 Senior Auditor $117,390 $56
10 Senior Claims Specialist $48,344 $23
11 Senior Internal Auditor $94,528 $45
12 Senior Software Engineer $148,986 $72
13 Senior Special Investigator $80,894 $39

Hourly Pay at Njm Insurance Group

The average hourly pay at Njm Insurance Group for a Medical Coder is $35 per hour. The location, department, and job description all have an impact on the typical compensation for Njm Insurance Group positions. The pay range and total remuneration for the job title are shown in the table below. Njm Insurance Group may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $72,863 look to you?

FAQ about Salary and Jobs at Njm Insurance Group

1. How much does Njm Insurance Group pay per hour?
The average hourly pay is $35. 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 Njm Insurance Group?
According to the data, the highest approximate salary is about $82,127 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 Njm Insurance Group?
According to the data, the lowest estimated salary is about $64,741 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.