Policy Processing Clerk Salary in the United States

Policy Processing Clerk Salary

How much does a Policy Processing Clerk make in the United States? The average Policy Processing Clerk salary in the United States is $31,369 as of April 27, 2020, but the range typically falls between $27,565 and $36,507. 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
25% $27,565 10% $24,102 90% $41,185 75% $36,507 $31,369 50%(Median)
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Job Description for Policy Processing Clerk

Policy Processing Clerk modifies, updates, and processes existing insurance policies and claims to reflect any change in beneficiary, amount of coverage, or type of insurance. Evaluates information from application for policy reinstatement for completeness and accuracy. Being a Policy Processing Clerk may approve policy if all criteria's are met. Requires a high school diploma or its equivalent. Additionally, Policy Processing Clerk typically reports to a supervisor. The Policy Processing Clerk possesses a moderate understanding of general aspects of the job. Works under the close direction of senior personnel in the functional area. May require 0-1 year of general work experience. (Copyright 2020 Salary.com)... View full job description

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Job Openings for Policy Processing Clerk
Those that have already made the climb...
Karen Schmitt, Former Executive Vice President - Finance and Chief Financial Officer, Maiden Holdings, Ltd.
MAIDEN HOLDINGS LTD
Maiden Holdings, Ltd., through its subsidiaries, provides reinsurance solutions to regional and specialty insurers primarily in Europe and internationally. The company writes treaties on a quota share basis and excess of loss basis. It also offers auto and credit life insurance products through its insurer partners to ... More
Fiscal Year Ended in 2018
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Policy Processing Clerk Pay Difference by Location

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.3%
City, State Washington, DC Compared to national average
+ 10.7%
City, State Miami, FL Compared to national average
-2.7%
City, State Chicago, IL Compared to national average
+ 6.0%
City, State Boston, MA Compared to national average
+ 12.9%
City, State New York, NY Compared to national average
+ 21.0%
City, State Dallas, TX Compared to national average
-1.0%

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Average Base Salary

Core compensation

 
 
 
27565
36507
31369

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
28017
37257
31498
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Policy Processing Clerk in the United States. The base salary for Policy Processing Clerk ranges from $27,565 to $36,507 with the average base salary of $31,369. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $28,017 to $37,257 with the average total cash compensation of $31,498.
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27565
36507

 

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Skills associated with Policy Processing Clerk: Calculate Ratings, Calculate Payments/Premiums, ERISA Compliance, Document Preparation ...More

Salary estimation for Policy Processing Clerk at companies like : HCI GROUP INC, Primerica, Inc., Verisk Analytics, Inc.

Jobs with a similar salary range to Policy Processing Clerk : Lead Baker