1. Where can a Policy Processing Supervisor earn the most?
A Policy Processing Supervisor'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 Supervisor earns the most in San Jose, CA, where the annual salary of a Policy Processing Supervisor is $118,873.
2. What is the highest pay for Policy Processing Supervisor?
The highest pay for Policy Processing Supervisor is $135,930.
3. What is the lowest pay for Policy Processing Supervisor?
The lowest pay for Policy Processing Supervisor is $57,858.
4. What are the responsibilities of Policy Processing Supervisor?
Supervises the team responsible for modifying, updating, and processing existing policies and claims to reflect any changes in beneficiary, amount of coverage, or type of insurance. Evaluates information from application for completeness, accuracy, and policy requirements. Responds to questions from customers, processes payments, issues premium notices, and enters billing/account changes. May cancel policies for late or no payment of premium. Handles more complex policy transactions. May require an associate degree. Typically reports to a manager. Supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. Typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes.
