How much does an Insurance Claim Service Representative III make hourly in the United States? The average hourly wage for an Insurance Claim Service Representative III in the United States is $25 as of May 27, 2022, but the range typically falls between $23 and $26. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
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Insurance Claim Service Representative III processes, adjusts, and closes claims of moderate complexity in a contact center setting. Prepares initial claim reports, records statements from involved parties, and maintains First Notice of Loss (FNOL) information. Being an Insurance Claim Service Representative III negotiates settlements within approved limits. Does not handle claims requiring outside field adjustment and refers complex claims to designated experts. Additionally, Insurance Claim Service Representative III may handle claims for bodily injury and third-party loss. Requires a high school diploma or equivalent. Typically reports to a supervisor or manager. The Insurance Claim Service Representative III works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. To be an Insurance Claim Service Representative III typically requires 3-5 years of related experience, or may need 2 years experience with additional specialized training and/or certification. (Copyright 2022 Salary.com)... View full job description
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Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Claims Examiner III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Customer Service Representative III | Experience 2 - 5 | EducationHigh School | Salary Compared to This Job |
Job Title Insurance Claim Service Manager I | Experience 3 - 5 | EducationBachelors | Salary Compared to This Job |
Job Title Insurance Claim Service Manager II | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Job Title Insurance Claim Service Representative I | Experience 0 - 1 | EducationHigh School | Salary Compared to This Job |
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Skills associated with Insurance Claim Service Representative III: Insurance Products Servicing, Claim Settlement Policies, Customer Support, Insurance Regulatory Guidelines ...More
Salary estimation for Insurance Claim Service Representative III at companies like : AG MORTGAGE INVESTMENT TRUST, MANNING & NAPIER INC