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Claims Processor Average Salary in United States 2024

How much money does a person working as Claims Processor make in United States?


Average Yearly Salary
34,700 USD
( 2,890 USD monthly)

LOW
18,700
USD
AVERAGE
34,700
USD
HIGH
52,400
USD
All salary figures displayed here are per year except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Claims Processor in United States typically earns around 34,700 USD. Salaries range from 18,700 USD (lowest) to 52,400 USD (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Claims Processor salaries in United States vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Claims Processor Pay Scale and Salaries in United States

Median and salary distribution United States Claims Processor yearly
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Salary Structure and Pay Scale Comparison

5% of people earn
30,900 USD or more
10% of people earn
27,700 to 30,900 USD
20% of people earn
20,600 USD or less
65% of people earn
20,600 to 27,700 USD
Minimum Salary
18,700 USD
Median
31,000 USD
Maximum
52,400 USD




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per year except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Claims Processor in United States range from 18,700 USD (starting salary) to 52,400 USD (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 31,000 USD, half of the professionals who work as Claims Processor in United States earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Claims Processor in United States earn less than 26,000 USD, while 75% earn more. Similarly, the chart shows that 75% earn less than 35,000 USD while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Claims Processor in United States compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 20,600 USD to 27,700 USD. About 20% of salaries are below the 20,600 USD mark, while 10% fall within the range of 27,700 USD to 30,900 USD. Only 5% of individuals have salaries exceeding 30,900 USD.

Salary Comparison by Years of Experience / Claims Processor / United States

How do experience and age affect pay?

0 - 2 Years
21,800 USD
2 - 5 Years+26%
27,500 USD
5 - 10 Years+32%
36,300 USD
10 - 15 Years+18%
42,600 USD
15 - 20 Years+11%
47,200 USD
20+ Years+6%
50,200 USD
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience yearly United States Claims Processor
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Claims Processor and this is what we found.


All salary figures displayed here are per year except when noted otherwise.

Employees with less than two years of experience earn approximately 21,800 USD.

While someone with an experience level between two and five years is expected to earn 27,500 USD, 26% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 36,300 USD, 32% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 42,600 USD, 18% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 47,200 USD, 11% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 50,200 USD, 6% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Claims Processor / United States

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Claims Processor.

Certificate or Diploma
30,200 USD
Bachelor's Degree+49%
45,000 USD
Percentage increase and decrease are relative to the previous value
Salary comparison by education level yearly United States Claims Processor
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Claims Processor in order to make a comparison.


Level 1: Certificate or Diploma

Employees at this education level have an average salary of 30,200 USD.


Level 2: Bachelor's Degree

At this level, the average salary becomes 45,000 USD, 49% more than the previous level.



Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Claims Processor / United States

Salary comparison by gender United States Claims Processor yearly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Claims Processor in United States, the average difference between the salary of male and female employees is 5%.

Male
35,500 USD
Female-5%
33,900 USD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in United States for all Careers

Salary comparison by gender yearly United States
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Average Annual Salary Increment Percentage / Claims Processor / United States

How much are annual salary increments in United States for individuals working as Claims Processor? How often do employees get salary raises?

Individuals working as Claims Processor in United States are likely to observe a salary increase of approximately 10% every 15 months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.

Annual Salary Increment Rate United States Claims Processor
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

United States / All Professions

Annual Salary Increment Rate United States
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in United States is 6%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Claims Processor / United States

How much and how often are bonuses being awarded?Annual Salary Bonus Rate United States Claims Processor
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74% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 26% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 1% to 2% of their annual salary.

Received Bonus
26%
No Bonus
74%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Average Hourly Wage / Claims Processor / United States


17 USD per hour

The average hourly wage (pay per hour) for individuals working as Claims Processor in United States is 17 USD.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Claims Processor in United States is 9 USD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Insurance-100%
Actuarial Analyst132,000 USD+280%
Actuarial Assistant95,600 USD+180%
Actuarial Specialist90,300 USD+160%
Actuary135,000 USD+290%
Adjustment Insurance Clerk35,600 USD+3%
Assistant Broker61,500 USD+77%
Assistant Claims Manager106,000 USD+210%
Associate Insurance Representative48,700 USD+40%
Auditing Insurance Manager147,000 USD+320%
Blockchain Insurance Auditor87,600 USD+150%
Broker101,000 USD+190%
Claim Advocacy Professional96,100 USD+180%
Claims Adjuster37,700 USD+9%
Claims Analyst49,200 USD+42%
Claims Examiner50,700 USD+46%
Claims Manager142,000 USD+310%
Claims Processor34,700 USD-0%
Claims Representative44,500 USD+28%
Claims Resolution Specialist106,000 USD+210%
Claims Supervisor95,300 USD+170%
Complaints Specialist84,600 USD+140%
Compliance Examiner94,200 USD+170%
Compliance Officer80,100 USD+130%
Compliance Reviewer86,600 USD+150%
Consultant99,200 USD+190%
Drone Claims Adjuster42,500 USD+22%
Eligibility Interviewer98,700 USD+180%
Eligibility Specialist99,300 USD+190%
Insurance Account Manager123,000 USD+250%
Insurance Accounts Executive104,000 USD+200%
Insurance Adjuster89,200 USD+160%
Insurance Agent57,300 USD+65%
Insurance Analyst90,200 USD+160%
Insurance Appraiser94,400 USD+170%
Insurance Claims Clerk36,000 USD+4%
Insurance Compliance Officer111,000 USD+220%
Insurance Data Scientist92,900 USD+170%
Insurance Examiner91,400 USD+160%
Insurance Fraud Investigator78,200 USD+130%
Insurance Investigator87,400 USD+150%
Insurance Manager164,000 USD+370%
Insurance Operations Manager158,000 USD+360%
Insurance Policy Processing Clerk35,500 USD+2%
Insurance Pricing Assistant73,800 USD+110%
Insurance Product Manager114,000 USD+230%
Insurance Program Manager133,000 USD+280%
Insurance Project Manager126,000 USD+260%
Insurance Quality Assurance Agent86,400 USD+150%
Insurance Sales Agent58,500 USD+69%
Insurance Sales Director166,000 USD+380%
Insurance Sales Manager131,000 USD+280%
Insurance Sales Representative52,700 USD+52%
Insurance Team Leader97,100 USD+180%
Insurance Underwriter71,200 USD+110%
Insurtech Analyst91,800 USD+160%
Loss Control Specialist92,900 USD+170%
Loss Prevention Investigator103,000 USD+200%
Loss Prevention Manager134,000 USD+290%
Loss Prevention Specialist101,000 USD+190%
Marine Underwriter71,500 USD+110%
Medical Auditor96,900 USD+180%
Monitoring and Performance Officer66,700 USD+92%
Parametric Insurance Specialist96,900 USD+180%
Payment Services Specialist99,200 USD+190%
Peer-to-Peer Insurance Manager117,000 USD+240%
Policy Change Director148,000 USD+330%
Policy Change Supervisor105,000 USD+200%
Policy Change Technician48,600 USD+40%
Risk Analyst108,000 USD+210%
Risk Management Director192,000 USD+450%
Risk Management Supervisor115,000 USD+230%
Risk Manager177,000 USD+410%
Risk Modeling Manager182,000 USD+420%
Social Media Risk Analyst102,000 USD+190%
Title Insurance Typist81,400 USD+130%
Training Manager107,000 USD+210%
Underwriting Assistant48,600 USD+40%

Salary Comparison By City

CityAverage Salary
Boston36,800 USD
Chicago42,900 USD
Houston41,700 USD
Las Vegas34,900 USD
Los Angeles42,200 USD
New York44,100 USD
San Francisco38,300 USD
San Jose40,700 USD

Salary Comparison By State

StateAverage Salary
Alabama36,000 USD
Alaska33,600 USD
Arizona38,700 USD
Arkansas34,600 USD
California42,100 USD
Colorado36,800 USD
Connecticut34,500 USD
Delaware34,200 USD
District of Columbia32,400 USD
Florida39,000 USD
Georgia40,900 USD
Hawaii33,800 USD
Idaho32,600 USD
Illinois41,200 USD
Indiana38,000 USD
Iowa33,900 USD
Kansas36,300 USD
Kentucky36,100 USD
Louisiana34,900 USD
Maine34,400 USD
Maryland37,500 USD
Massachusetts36,200 USD
Michigan40,200 USD
Minnesota36,700 USD
Mississippi33,400 USD
Missouri38,300 USD
Montana32,700 USD
Nebraska32,600 USD
Nevada35,600 USD
New Hampshire33,000 USD
New Jersey37,000 USD
New Mexico35,200 USD
New York39,700 USD
North Carolina37,300 USD
North Dakota32,600 USD
Ohio38,900 USD
Oklahoma37,700 USD
Oregon36,500 USD
Pennsylvania39,200 USD
Rhode Island34,300 USD
South Carolina37,200 USD
South Dakota32,000 USD
Tennessee39,800 USD
Texas41,100 USD
Utah33,700 USD
Vermont33,400 USD
Virginia39,200 USD
Washington37,500 USD
West Virginia35,600 USD
Wisconsin37,700 USD
Wyoming30,800 USD

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in United States is 5% on average across all career fields.

Private Sector
92,800 USD
Public Sector+5%
97,500 USD
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Claims Processor in United States?

A good and competitive compensation would range anywhere between 31,000 USD and 35,000 USD. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Claims Processor in United States ranges from 18,700 USD to 26,000 USD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


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