New Policy Specialist Salary in Minneapolis, Minnesota

New Policy Specialist Salary in Minneapolis, MN

How much does a New Policy Specialist make in Minneapolis, MN? The average New Policy Specialist salary in Minneapolis, MN is $59,371 as of March 29, 2021, but the range typically falls between $53,933 and $67,372. 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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Salary Salary + Bonus Benefits How To Become
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25% $53,933 10% $48,981 90% $74,656 75% $67,372 $59,371 50%(Median)

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Job Description for New Policy Specialist

New Policy Specialist processes incoming applications for new and renewing policies to include changes/updates according to company guidelines for group health, dental and/or life policies. Responsibilities include reviewing and screening requests, calculating new premiums, issuing new policies and associated documentation. Being a New Policy Specialist serves assigned accounts by responding to inquiries and resolving issues of concern. May handle more complex situations or issues. Additionally, New Policy Specialist requires a bachelor's degree or its equivalent. Typically reports to a supervisor or manager. The New Policy Specialist gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a New Policy Specialist typically requires 2 to 4 years of related experience. (Copyright 2021 Salary.com)... View full job description

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Job Openings for New Policy Specialist in Minneapolis, MN
Those that have already made the climb...
Pamela J. Shelley-Kessler, Executive Vice President, Chief Financial Officer and Corporate Secretary
LTC PROPERTIES INC
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC holds more than 200 investments in 28 states with 29 operating... More
Fiscal Year Ended in 2019
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New Policy Specialist Pay Difference by Location

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 a New Policy Specialist, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
53933
67372
59371

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
54878
70188
61627
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of New Policy Specialist in Minneapolis, MN. The base salary for New Policy Specialist ranges from $53,933 to $67,372 with the average base salary of $59,371. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $54,878 to $70,188 with the average total cash compensation of $61,627.
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53933
67372

 

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About Minneapolis, Minnesota    Minneapolis (/ˌmɪniˈæpəlɪs/ (listen)) is the county seat of Hennepin County and the larger of the Twin Cities, the 16th-largest metropolitan area in t....More

Minneapolis, Minnesota  area prices were up 1.4% from a year ago    View the Cost of Living in Minneapolis, Minnesota

New Policy Specialist Salary in popular cities: Saint Paul, Rochester, Duluth

Skills associated with New Policy Specialist: Insurance Operations, Insurance Products Servicing, Insurance Software, Customer Support ...More

Recently searched related titles: Insurance Policy Advisor

Salary estimation for New Policy Specialist at companies like : FS BANCORP INC, HIGHLANDS BANKSHARES INC /VA/, LTC PROPERTIES INC