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How much does an Insurance Placement Specialist III make?

As of December 01, 2024, the average annual pay of Insurance Placement Specialist III in Memphis, TN is $225,200. While Salary.com is seeing that Insurance Placement Specialist III salary in Memphis, TN can go up to $332,567 or down to $141,140, but most earn between $181,200 and $281,400. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Placement Specialist III in the United States.

Insurance Placement Specialist III Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $281,400 $23,450 $5,412 $135
Average $225,200 $18,767 $4,331 $108
25th Percentile $181,200 $15,100 $3,485 $87

Average Salary

25% $181,200 10% $141,140 90% $332,567 75% $281,400 $225,200 50%(Median) Didn’t find job title? Click
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View Insurance Placement Specialist III Salary by Hour, Week, Month, Year

Salary.com provides you with accurate and diversified Insurance Placement Specialist III salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Insurance Placement Specialist III hourly pay, weekly pay, monthly pay and so on.

Last Updated on December 01, 2024
Last Updated on December 01, 2024
Levels Salary
Entry Level Insurance Placement Specialist III $201,227
Intermediate Level Insurance Placement Specialist III $204,486
Senior Level Insurance Placement Specialist III $209,699
Specialist Level Insurance Placement Specialist III $217,520
Expert Level Insurance Placement Specialist III $229,891
$201,227 0 yr
$204,486 < 2 yrs
$209,699 2-4 yrs
$217,520 5-8 yrs
$229,891 > 8 yrs
Last Updated on December 01, 2024
Entry Level 11%
Mid Level 9%
Senior Level 7%
Top Level 3%
Experienced 2%
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Last Updated on December 01, 2024

Job Openings of Insurance Placement Specialist III

Salary.com job board provides millions of Insurance Placement Specialist III information for you to search for. Click on search button below to see Insurance Placement Specialist III job openings or enter a new job title here.

Cost of Living In Memphis, TN

Cost of Living in Memphis , TN is
-11.6% Lower
than the National Average
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

Best-Paid Skills and Qualifications for Insurance Placement Specialist III

What skills does an Insurance Placement Specialist III need?

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.

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.

Case Management: Connecting patients with suitable healthcare providers, resources, and services to ensure they receive optimal, cost-effective care.

3.

Financial Planning: In general usage, a financial plan is a comprehensive evaluation of an individual's current pay and future financial state by using current known variables to predict future income, asset values and withdrawal plans. This often includes a budget which organizes an individual's finances and sometimes includes a series of steps or specific goals for spending and saving in the future. This plan allocates future income to various types of expenses, such as rent or utilities, and also reserves some income for short-term and long-term savings. A financial plan is sometimes referred to as an investment plan, but in personal finance a financial plan can focus on other specific areas such as risk management, estates, college, or retirement.

Customer Service 4.15%
Case Management 3.83%
Financial Planning 1.43%
Others 90.59%
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What skills can make your compensation higher?
Mastering certain skills can make the compensation of an Insurance Placement Specialist III higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Sense Of Urgency, you can get a 18% salary raise. If you are good at Commitment, your salary will increase by 16%. If you are expert in Career Development, your salary will rise by 13%.
Skill Salary Demand
Sense Of Urgency
$265,736
18%
Commitment
$261,232
16%
Career Development
$254,476
13%
Relationship Management
$254,476
13%
Purchasing
$252,224
12%
Leadership
$247,720
10%
Last Updated on December 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for an Insurance Placement Specialist III is $225,200 per year in Memphis, TN, updated at December 01, 2024.
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