Insurance Billing Specialist III Salary in the United States

FAQ about Insurance Billing Specialist III

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

An Insurance Billing Specialist III'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 III earns the most in San Jose, CA, where the annual salary of an Insurance Billing Specialist III is $64,488.

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

The highest pay for Insurance Billing Specialist III is $60,810.

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

The lowest pay for Insurance Billing Specialist III is $43,691.

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

Coordinates and administers group insurance customer billing in compliance with all legal regulations, industry standards, and operational guidelines. Documents and inputs claims and payment records, verifies payment types, and reconciles customer accounts. Prepares and distributes applicable documentation and resources for customers. Monitors group accounts for lapses and supports the reinstatement process to verify insurability and risk level, calculate overdue balances and interest, and ensure additional reinstatement requirements are met. Collects, analyzes, and reports financial information to policyholders, customers, or management. May require a bachelor's degree. Typically reports to a manager. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience.