Compliance Clerk Salary at Pharmacistss Mutual Insurance Co BETA

How much does a Pharmacistss Mutual Insurance Co Compliance Clerk make?

As of December 2024, the average annual salary for a Compliance Clerk at Pharmacistss Mutual Insurance Co is $82,304, which translates to approximately $40 per hour. Salaries for Compliance Clerk at Pharmacistss Mutual Insurance Co typically range from $73,654 to $90,392, 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.

Pharmacistss Mutual Insurance Co Overview

Website:
phmic.com
Size:
200 - 500 Employees
Revenue:
$10M - $50M
Industry:
Insurance

Pharmacists Mutual Insurance Company is a nationally recognized leader providing insurance and risk management solutions within the insurance industry. Pharmacists Mutual operates in all 50 states, the District of Columbia, and Puerto Rico. Financially secure, Pharmacists Mutual is an AM Best "A" Excellent rated property and casualty insurance provider. We take pride in being a single source for insurance protection. Our broad portfolio of products and services satisfies our members' professional, personal, and business insurance needs.

See similar companies related to Pharmacistss Mutual Insurance Co

What Skills Does a person Need at Pharmacistss Mutual Insurance Co?

At Pharmacistss Mutual Insurance Co, 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. Risk Management: Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.
  2. Regulatory Compliance: Monitoring strict adherence of all organizational processes and procedures to applicable laws and regulations.
  3. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  4. Initiative: Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.
  5. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

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Check more jobs information at Pharmacistss Mutual Insurance Co

Job Title Average Pharmacistss Mutual Insurance Co Salary Hourly Rate
2 Accounting Associate II $42,574 $20
3 Applications Systems Analyst II $76,793 $37
4 Assistant VP, Human Resources $148,776 $72
5 Business Analyst $88,771 $43
6 Claims Examiner Associate $57,771 $28
7 Claims Examiner II $57,771 $28
8 Commercial Lines Underwriter $62,507 $30
9 Commercial Underwriter $52,394 $25
10 Compliance Specialist $94,582 $45
11 Customer Accounts Representative $35,138 $17
12 Data Analyst $50,063 $24
13 Field Claims Representative $34,342 $17

Hourly Pay at Pharmacistss Mutual Insurance Co

The average hourly pay at Pharmacistss Mutual Insurance Co for a Compliance Clerk is $40 per hour. The location, department, and job description all have an impact on the typical compensation for Pharmacistss Mutual Insurance Co positions. The pay range and total remuneration for the job title are shown in the table below. Pharmacistss Mutual Insurance Co may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $82,304 look to you?

FAQ about Salary and Jobs at Pharmacistss Mutual Insurance Co

1. How much does Pharmacistss Mutual Insurance Co pay per hour?
The average hourly pay is $40. 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 Pharmacistss Mutual Insurance Co?
According to the data, the highest approximate salary is about $90,392 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 Pharmacistss Mutual Insurance Co?
According to the data, the lowest estimated salary is about $73,654 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.