As of March 01, 2025, the average annual salary for a Policy Processing Clerk, Sr. in the United States is $46,399. Salary.com reports that pay typically ranges from $40,477 to $49,057, with most professionals earning between $35,084 and $51,476.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $49,057 | $4,088 | $943 | $24 |
| Average | $46,399 | $3,867 | $892 | $22 |
| 25th Percentile | $40,477 | $3,373 | $778 | $19 |
An entry-level Policy Processing Clerk, Sr. with less than 1 year of experience earns about $43,958. With 1-2 years of experience, the average salary increases to $44,133. For 2-4 years of experience, the pay typically rises to $46,075. Senior-level professionals with 5-8 years of experience earn around $47,173, and those with over 8 years of experience can expect an average of $47,251.
| Levels | Salary |
|---|---|
| Entry Level Policy Processing Clerk, Sr. | $43,958 |
| Intermediate Level Policy Processing Clerk, Sr. | $44,133 |
| Senior Level Policy Processing Clerk, Sr. | $46,075 |
| Specialist Level Policy Processing Clerk, Sr. | $47,173 |
| Expert Level Policy Processing Clerk, Sr. | $47,251 |
| Entry Level | 5% |
| Mid Level | 5% |
| Senior Level | 1% |
| Top Level | 2% |
| Experienced | 2% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of March 01, 2025, our research reveals a significant shift in Policy Processing Clerk, Sr. compensation over the past six years. For example, the median salary increased from $42,014 in 2023 to approximately $41,824 in 2024. (For a detailed analysis of Policy Processing Clerk, Sr. salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
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| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $46,399 | 70.1% | ||
| Bonus | $219 | 0.3% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $3,566 | 5.4% | ||
| 401K/403B | $1,445 | 2.2% | ||
| Disability | $420 | 0.6% | ||
| Healthcare | $5,345 | 8.1% | ||
| Pension | $2,517 | 3.8% | ||
| Time Off | $6,276 | 9.5% | ||
| Total Compensation | $66,187 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 14.3% |
| High School | 42.9% |
| Associates | 28.6% |
| Bachelors | 14.3% |
What Am I Worth?
The average annual salary of Policy Processing Clerk, Sr. is $46,399. In case you are finding an easy salary calculator, the average hourly pay of Policy Processing Clerk, Sr. is $22; the average weekly pay of Policy Processing Clerk, Sr. is $892; the average monthly pay of Policy Processing Clerk, Sr. is $3,867.
A Policy Processing Clerk, Sr.'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, a Policy Processing Clerk, Sr. earns the most in San Jose, CA, where the annual salary of a Policy Processing Clerk, Sr. is $58,231.
The highest pay for Policy Processing Clerk, Sr. is $51,476.
The lowest pay for Policy Processing Clerk, Sr. is $35,084.
Policy Processing Clerk, Sr. modifies, updates, and processes existing policies and claims to reflect any change in beneficiary, amount of coverage, or type of insurance. Evaluates information from application for completeness, accuracy, and policy reinstatement. Being a Policy Processing Clerk, Sr. provides training to less experienced processing clerks. May approve policy if it meets standard criteria. Additionally, Policy Processing Clerk, Sr. requires a high school diploma or equivalent. Typically reports to a supervisor. The Policy Processing Clerk, Sr. works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Policy Processing Clerk, Sr. typically requires 1-3 years of related experience.
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Consulting Management: Management consulting is the practice of selling consulting services to organizations to improve their performance or in any way to assist in achieving any sort of organizational objectives.
Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
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We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
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