Salary AI Book a Demo
upper level job

Insurance Billing Specialist I Salary in the United States

How much does an Insurance Billing Specialist I make in the United States?

As of August 01, 2026, the average salary for an Insurance Billing Specialist I in the United States is $41,058 per year, which breaks down to an hourly rate of $20.

However, an Insurance Billing Specialist I's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $49,603
  • Majority Range (25th-75th percentile): $38,163 to $45,531
  • Entry-Level (10th percentile): $35,527
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Insurance Billing Specialist I Salaries

An Insurance Billing Specialist I's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Insurance Billing Specialist I Salaries?

Experience is a primary driver of an Insurance Billing Specialist I's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Insurance Billing Specialist I (0-2 years): $41,058
  • Insurance Billing Specialist II (2-4 years): $45,783
  • Insurance Billing Specialist III (4-7 years): $51,140
Job Role Years of Experience Average Salary
Insurance Billing Specialist I0-2 years$41,058
Insurance Billing Specialist II2-4 years$45,783
Insurance Billing Specialist III4-7 years$51,140
View as Graph

How Do Insurance Billing Specialist Is Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Insurance Billing Specialist Is. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $45,459.
  • California: $45,287.
  • Massachusetts: $44,683.

Top Paying Cities for Insurance Billing Specialist I

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $51,786
  • San Francisco: $51,219
  • Oakland: $50,140

Insurance Billing Specialist I Salary by Company Size: Startups vs. Enterprise

Insurance Billing Specialist I salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $45,962. While startup companies pay approximate $38,883.

Insurance Billing Specialist I Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $38,883
Growth Stage 51~500 $41,123
Established 501~5000 $44,385
Enterprise 5000+ $45,962

Insurance Billing Specialist I Salary by Industry: Top Paying Sectors

For Insurance Billing Specialist I roles, the industry you choose can affect earning potential by as much as 20% (the gap between the highest and lowest paying industries). Data shows that the Aerospace & Defense and Biotechnology sectors offer the strongest compensation, at 10% above the average. In contrast, Insurance Billing Specialist positions in Transportation or Telecom typically offer lower base pay, as these industries often view Insurance Billing Specialist I as a support function rather than a direct revenue driver.

The top paying industries for an Insurance Billing Specialist I

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Aerospace & Defense$45,164$22.010%
Biotechnology$45,164$22.010%
Business Services$45,164$22.010%
Chemicals$45,164$22.010%
Construction$45,164$22.010%

Insurance Billing Specialist I Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Insurance Billing Specialist I's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on August 01, 2026
$38,163
Average $41,058/year
$45,531
$3,180
Average $3,422/month
$3,794
$734
Average $790/week
$876
$18
Average $20/hour
$22
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $45,531 $3,794 $876 $22
Average $41,058 $3,422 $790 $20
25th Percentile $38,163 $3,180 $734 $18

Insurance Billing Specialist I Salary Growth & Career Path

Insurance Billing Specialist I

Next Role

Advancement

For an Insurance Billing Specialist I, the most direct path to higher earnings is advancing to the Insurance Billing Specialist II role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $45,783 - a projected growth of 12% over your current level.

Most common benefits for Insurance Billing Specialist I

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Insurance Billing Specialist I

Here are companies hiring for Insurance Billing Specialist I and their salaries, click below for more details.

Find Your Next Insurance Billing Specialist I Job

Ready to take the next step in your career? Browse thousands of current Insurance Billing Specialist I job openings on our job board. Use the search bar below to find your perfect match.

For Employees

Analyze the market and your qualifications to negotiate your salary with confidence.

Get a Salary Increase

Search thousands of open positions to find your next opportunity.

Search Job Openings

For Employers

Individualize employee pay based on unique job requirements and personal qualifications.

Adjust Employee Salary

Get the latest market price for benchmark jobs and jobs in your industry.

Price My Industry Jobs

FAQ about Insurance Billing Specialist I

1. Where can an Insurance Billing Specialist I earn the most?

An Insurance Billing Specialist I's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, an Insurance Billing Specialist I earns the most in San Jose, CA, where the annual salary of an Insurance Billing Specialist I is $51,786.

2. What is the highest pay for Insurance Billing Specialist I?

The highest pay for Insurance Billing Specialist I is $49,603.

3. What is the lowest pay for Insurance Billing Specialist I?

The lowest pay for Insurance Billing Specialist I is $35,527.

4. What are the responsibilities of Insurance Billing Specialist I?

Responsible for coordinating and administering group insurance customer billing. Documents and enters claims, records payment, and reconciles customer accounts. Handles complex accounts, lapses, collections, and reinstatements. Collects, analyzes, and reports financial information to management. Ensures compliance with all legal regulations, industry standards, and operational guidelines. Requires a bachelor's degree. Typically reports to a manager. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience.

5. What industry pays the highest salary for Insurance Billing Specialist I?

The Aerospace & Defense industry offers the highest average compensation for Insurance Billing Specialist I roles, with salaries approximately 10% above the market median.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst