How much does an Insurance Claim Service Representative III make in the United States? The average Insurance Claim Service Representative III salary in the United States is $49,473 as of December 28, 2020, but the range typically falls between $46,440 and $52,671. Salary ranges 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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25% $46,440 10% $43,678 90% $55,583 75% $52,671 $49,473 50%(Median)
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Job Description for Insurance Claim Service Representative III

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 2021 Salary.com)... View full job description

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Job Openings for Insurance Claim Service Representative III
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David Blitz, Treasurer and Secretary
Cadus Corporation engages in real estate acquisition, renovation, and construction activities in Miami-Dade County, Florida. It would purchases individual homes and individual residential lots for renovation or construction, and resale. The company was formerly known as Cadus Pharmaceutical Corporation and changed its ... More
Fiscal Year Ended in 2017
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City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.6%
City, State Chicago, IL Compared to national average
+ 6.1%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 20.3%
City, State Dallas, TX Compared to national average
-0.7%

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Understand the total compensation opportunity for an Insurance Claim Service Representative III, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
46440
52671
49473

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
48365
55393
51835
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Claim Service Representative III in the United States. The base salary for Insurance Claim Service Representative III ranges from $46,440 to $52,671 with the average base salary of $49,473. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $48,365 to $55,393 with the average total cash compensation of $51,835.
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46440
52671

 

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Skills associated with Insurance Claim Service Representative III: Claim Settlement Policies, Inquiry Research/Response, Insurance Products Servicing, Customer Support ...More

Salary estimation for Insurance Claim Service Representative III at companies like : AG MORTGAGE INVESTMENT TRUST, CADUS CORPORATION, Manning & Napier, Inc.