How Much Does an Insurance Specialist II make?

Insurance Specialist II made a median salary around $46,719 in December, 2024. The best-paid 25 percent made $48,717 probably that year, while the lowest-paid 25 percent made around $44,899. 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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Best-Paying Cities for Insurance Specialist II

The metropolitan areas that pay the highest salary in the Insurance Specialist II profession are Galloway , Grove City , Groveport , Hilliard , Independence .
Galloway, OH $46,910
Grove City, OH $46,910
Groveport, OH $46,910
Hilliard, OH $46,910
Independence, OH $46,910

Best-Paying States for Insurance Specialist II

The states and districts that pay Insurance Specialist II the highest salary are District of Columbia (around $53,168) , California (around $52,690) , New Jersey (around $52,356) , Alaska (around $52,021) , and Massachusetts (around $51,974) .
District of Columbia $53,168
California $52,690
New Jersey $52,356
Alaska $52,021
Massachusetts $51,974

What is the Career Path of Insurance Specialist II?

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Insurance Specialist II, the upper level is Insurance Claim Service Representative III , and then progresses to Insurance Claim Service Team Supervisor

Frequently Asked Questions for Insurance Specialist II

Q: What is the salary range of Insurance Specialist II in Ohio?
A: In 2024 , the lowest-paid Insurance Specialist II in Ohio earned an average annual salary of $44,899 , while the highest-paid made $48,717.
Q: What is the salary for an Insurance Specialist II in California?
A: Insurance Specialist II employed in California earned an average salary of $52,690 in 2024.

Average Insurance Specialist II Pay vs. Other Jobs

Insurance Specialist II earned an average salary of $46,719 in 2024. Other jobs related to Insurance Specialist II earned the following average salary in December, 2024. Insurance Billing Specialist II made $50,317 , Insurance Placement Specialist II made $161,500 , Insurance Verification Specialist II and Insurance Billing and Coding Specialist II made $56,300 and $50,400 respectively .

Relevant Jobs of Insurance Specialist II

Insurance Billing Specialist II - Average Salary $50,317
Insurance Billing Specialist II coordinates and administers group insurance customer billing in compliance with all legal regulations, industry standards, and operational guidelines. Documents and inputs claims and payment records, verifies payment types, and reconciles customer accounts. Being an Insurance Billing Specialist II prepares and distributes applicable documentation and resources for customers. Monitors group accounts for lapses and supports the reinstatement process to verify insurability and risk level, calculate overdue balances and interest, and ensure additional reinstatement requirements are met. Additionally, Insurance Billing Specialist II collects, analyzes, and reports financial information to policyholders, customers, or management. Requires a high school diploma. Typically reports to a supervisor. The Insurance Billing Specialist II works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be an Insurance Billing Specialist II typically requires 1-3 years of related experience.
Insurance Placement Specialist II - Average Salary $161,500
The Insurance Placement Specialist II assesses and negotiates quotes from different carriers based on exposure, risk, and financing. Develops and markets customer business to different insurance carriers to obtain quotes based on an evaluation and analysis of the customer's insurance needs and requirements. Being an Insurance Placement Specialist II requires knowledge of complex insurance products and a variety of lines such as commercial property & casualty, employee benefits, and others. Develops recommendations to advise customers on the best options that will meet their needs and to place and retain the business. In addition, Insurance Placement Specialist II requires a bachelor's degree. Requires insurance licensing. May also require professional credentials such as CPCU (Chartered Property Casualty Underwriter), CIC (Certified Insurance Counselor), or ARM (Associate in Risk Management). Typically reports to a supervisor or manager. Being an Insurance Placement Specialist II work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Working as an Insurance Placement Specialist II typically requires 4 -7 years of related experience.
Insurance Verification Specialist II - Average Salary $56,300
The Insurance Verification Specialist II gathers pertinent information from patients, insurance carriers, financial counselors, and other staff to confirm the patient's financial obligations for services. Processes insurance pre-verification for hospital admissions or specialty service office visits. Being an Insurance Verification Specialist II verifies insurance coverage and obtains required authorizations when necessary. Acts as a liaison between hospitals, clinical staff, health plans, providers, and patients to process referrals. In addition, Insurance Verification Specialist II documents referrals, communications, actions, and other data in an information management system. Generates and distributes all applicable forms, notifications, and paperwork. Researches and resolves pre-certification, registration, and case-related issues. Requires a high school diploma. Typically reports to a supervisor. Being an Insurance Verification Specialist II works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. Working as an Insurance Verification Specialist II typically requires 3-5 years of related experience.
The Insurance Billing and Coding Specialist II documents and inputs claims and payment records, verifies payment types, and reconciles customer accounts. Coordinates and administers group insurance customer billing in compliance with all legal regulations, industry standards, and operational guidelines. Being an Insurance Billing and Coding Specialist II monitors group accounts for lapses and supports the reinstatement process to verify insurability and risk level, calculate overdue balances and interest, and ensure additional reinstatement requirements are met. Prepares and distributes applicable documentation and resources for customers. In addition, Insurance Billing and Coding Specialist II collects, analyzes, and reports financial information to policyholders, customers, or management. Requires a high school diploma. Typically reports to a supervisor. Being an Insurance Billing and Coding Specialist II works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. Working as an Insurance Billing and Coding Specialist II typically requires 1-3 years of related experience.
Insurance Senior Broker - Average Salary $161,482
Insurance Senior Broker develops and markets customer business to different insurance carriers to obtain quotes based on an evaluation and analysis of the customer's insurance needs and requirements. Assesses and negotiates quotes from different carriers based on exposure, risk, and financing. Being an Insurance Senior Broker develops recommendations to advise customers on the best options that will meet their needs and to place and retain the business. Requires knowledge of complex insurance products and a variety of lines such as commercial property & casualty, employee benefits, and others. Additionally, Insurance Senior Broker requires a bachelor's degree. Requires insurance licensing. May also require professional credentials such as CPCU (Chartered Property Casualty Underwriter), CIC (Certified Insurance Counselor), or ARM (Associate in Risk Management). Typically reports to a supervisor or manager. The Insurance Senior Broker work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be an Insurance Senior Broker typically requires 4 -7 years of related experience.