A person working as Insurance Policy Processing Clerk in Buenos Aires typically earns around 18,600 ARS. Salaries range from 9,100 ARS (lowest) to 29,000 ARS (highest).
This is the average salary including housing, transport, and other benefits. Insurance Policy Processing Clerk salaries in Buenos Aires vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Minimum Salary 9,100 ARS |
Median 17,300 ARS |
Maximum 29,000 ARS |
Salaries for the position Insurance Policy Processing Clerk in Buenos Aires range from 9,100 ARS (starting salary) to 29,000 ARS (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.
With a median salary of 17,300 ARS, half of the professionals who work as Insurance Policy Processing Clerk in Buenos Aires 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.
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 Insurance Policy Processing Clerk in Buenos Aires earn less than 14,200 ARS, while 75% earn more. Similarly, the chart shows that 75% earn less than 19,800 ARS while 25% earn more.
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 Insurance Policy Processing Clerk in Buenos Aires compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 10,800 ARS to 15,200 ARS. About 20% of salaries are below the 10,800 ARS mark, while 10% fall within the range of 15,200 ARS to 17,200 ARS. Only 5% of individuals have salaries exceeding 17,200 ARS.
0 - 2 Years | 10,800 ARS | |
2 - 5 Years | +29% | 13,900 ARS |
5 - 10 Years | +38% | 19,100 ARS |
10 - 15 Years | +24% | 23,700 ARS |
15 - 20 Years | +7% | 25,400 ARS |
20+ Years | +7% | 27,100 ARS |
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 Insurance Policy Processing Clerk and this is what we found.
Employees with less than two years of experience earn approximately 10,800 ARS.
While someone with an experience level between two and five years is expected to earn 13,900 ARS, 29% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 19,100 ARS, 38% 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 23,700 ARS, 24% 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 25,400 ARS, 7% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 27,100 ARS, 7% more than people with fifteen to twenty years of experience.
Certificate or Diploma | 13,900 ARS | |
Bachelor's Degree | +34% | 18,600 ARS |
Master's Degree | +53% | 28,600 ARS |
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 Insurance Policy Processing Clerk in order to make a comparison.
Employees at this education level have an average salary of 13,900 ARS.
At this level, the average salary becomes 18,600 ARS, 34% more than the previous level.
At this level, the average salary becomes 28,600 ARS, 53% more than the previous level.
A Master's degree program or any post-graduate program in Argentina costs anywhere from 227,000 ARS to 680,000 ARS and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
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 Insurance Policy Processing Clerk in Argentina, the average difference between the salary of male and female employees is 7%.
Male | 17,600 ARS | |
Female | -6% | 16,500 ARS |
Individuals working as Insurance Policy Processing Clerk in Argentina are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.
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.
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
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.
100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from % to % of their annual salary.
Received Bonus | % | |
No Bonus | 100% |
The most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
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.
The main two types of jobs | |
Revenue Generators | Supporting 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: | Example: |
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.
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.
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.
The minimum pay rate per hour for people working as Insurance Policy Processing Clerk in Buenos Aires is 53 ARS. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Job Title | Average Salary |
Insurance | -100% | |
Actuarial Analyst | 69,600 ARS | +270% |
Actuarial Assistant | 46,800 ARS | +150% |
Actuarial Specialist | 50,200 ARS | +170% |
Actuary | 67,600 ARS | +260% |
Adjustment Insurance Clerk | 18,300 ARS | -1% |
Assistant Broker | 31,900 ARS | +72% |
Assistant Claims Manager | 57,500 ARS | +210% |
Associate Insurance Representative | 26,100 ARS | +41% |
Auditing Insurance Manager | 77,400 ARS | +320% |
Blockchain Insurance Auditor | 47,500 ARS | +160% |
Broker | 52,000 ARS | +180% |
Claim Advocacy Professional | 49,600 ARS | +170% |
Claims Adjuster | 18,500 ARS | -0% |
Claims Analyst | 27,400 ARS | +48% |
Claims Examiner | 26,100 ARS | +41% |
Claims Manager | 75,000 ARS | +300% |
Claims Processor | 18,900 ARS | +2% |
Claims Representative | 21,900 ARS | +18% |
Claims Resolution Specialist | 56,400 ARS | +200% |
Claims Supervisor | 53,100 ARS | +190% |
Complaints Specialist | 49,100 ARS | +160% |
Compliance Examiner | 50,500 ARS | +170% |
Compliance Officer | 40,300 ARS | +120% |
Compliance Reviewer | 47,600 ARS | +160% |
Consultant | 53,100 ARS | +190% |
Drone Claims Adjuster | 22,600 ARS | +22% |
Eligibility Interviewer | 56,300 ARS | +200% |
Eligibility Specialist | 51,500 ARS | +180% |
Insurance Account Manager | 64,500 ARS | +250% |
Insurance Accounts Executive | 56,400 ARS | +200% |
Insurance Adjuster | 50,300 ARS | +170% |
Insurance Agent | 31,600 ARS | +70% |
Insurance Analyst | 53,000 ARS | +190% |
Insurance Appraiser | 54,300 ARS | +190% |
Insurance Claims Clerk | 19,300 ARS | +4% |
Insurance Compliance Officer | 60,900 ARS | +230% |
Insurance Data Scientist | 47,500 ARS | +160% |
Insurance Examiner | 45,300 ARS | +140% |
Insurance Fraud Investigator | 41,000 ARS | +120% |
Insurance Investigator | 49,300 ARS | +170% |
Insurance Manager | 87,800 ARS | +370% |
Insurance Operations Manager | 91,200 ARS | +390% |
Insurance Policy Processing Clerk | 18,600 ARS | +0% |
Insurance Pricing Assistant | 39,400 ARS | +110% |
Insurance Product Manager | 61,100 ARS | +230% |
Insurance Program Manager | 65,400 ARS | +250% |
Insurance Project Manager | 67,700 ARS | +260% |
Insurance Quality Assurance Agent | 45,800 ARS | +150% |
Insurance Sales Agent | 31,400 ARS | +69% |
Insurance Sales Director | 81,300 ARS | +340% |
Insurance Sales Manager | 67,000 ARS | +260% |
Insurance Sales Representative | 26,300 ARS | +42% |
Insurance Team Leader | 56,700 ARS | +210% |
Insurance Underwriter | 36,800 ARS | +98% |
Insurtech Analyst | 45,800 ARS | +150% |
Loss Control Specialist | 52,100 ARS | +180% |
Loss Prevention Investigator | 53,600 ARS | +190% |
Loss Prevention Manager | 71,700 ARS | +290% |
Loss Prevention Specialist | 55,500 ARS | +200% |
Marine Underwriter | 39,800 ARS | +110% |
Medical Auditor | 51,800 ARS | +180% |
Monitoring and Performance Officer | 37,500 ARS | +100% |
Parametric Insurance Specialist | 50,600 ARS | +170% |
Payment Services Specialist | 51,700 ARS | +180% |
Peer-to-Peer Insurance Manager | 60,200 ARS | +220% |
Policy Change Director | 80,900 ARS | +340% |
Policy Change Supervisor | 53,300 ARS | +190% |
Policy Change Technician | 25,300 ARS | +36% |
Risk Analyst | 58,900 ARS | +220% |
Risk Management Director | 97,600 ARS | +430% |
Risk Management Supervisor | 66,600 ARS | +260% |
Risk Manager | 94,800 ARS | +410% |
Risk Modeling Manager | 100,000 ARS | +440% |
Social Media Risk Analyst | 56,100 ARS | +200% |
Title Insurance Typist | 43,600 ARS | +130% |
Training Manager | 55,700 ARS | +200% |
Underwriting Assistant | 27,100 ARS | +46% |
City | Average Salary |
Buenos Aires | 18,600 ARS |
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 Argentina is 7% on average across all career fields.
Private Sector | 43,700 ARS | |
Public Sector | +7% | 46,600 ARS |
A good and competitive compensation would range anywhere between 17,300 ARS and 19,800 ARS. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
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.
The base salary for a careers like Insurance Policy Processing Clerk in Buenos Aires ranges from 9,100 ARS to 14,200 ARS. 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.
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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