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Updated November 11, 2024

Insurance Claims and Policy Processing Clerks Salaries

New Mexico, US

Average Base Pay

$35,650/yr

17.14% above national average

Additional Cash Compensation

Average: $35,650


Range: $26,110-$50,070

 

How much does a Insurance Claims and Policy Processing Clerks role make in New Mexico, US?

Career Ladder Pay for Insurance Claims and Policy Processing Clerks Roles

A person in an entry-level Insurance Claims and Policy Processing Clerks role with under one year of job experience can expect to make an average annual salary of $26,110. A Insurance Claims and Policy Processing Clerks candidate with 1-4 years of experience makes an average total salary of $30,170. A person in a mid-career Insurance Claims and Policy Processing Clerks role with 5-9 years of experience makes an average salary of $35,650 a year. Insurance Claims and Policy Processing Clerks with 10 or more years of experience make an average of $42,680. In their late career (over 20 years of experience), a person in a Insurance Claims and Policy Processing Clerks role’s annual salary averages $50,070 per year.

What is the average Insurance Claims and Policy Processing Clerks salary in New Mexico, US?

Average base salary, as of 2024 : $35,650

Salary Breakdown

  Average base salary (percentile)
 25th50th75th
Annual salary$8,913$17,825$26,738
Monthly salary$743$1,485$2,228
Weekly salary$186$371$557
Hourly salary$27$53$80

Where can a Insurance Claims and Policy Processing Clerks role earn more money?

VS

Similar jobs with comparable annual salaries.

FREQUENTLY ASKED SALARY QUESTIONS

Will extra certification for Insurance Claims and Policy Processing Clerks roles boost salary?

While certifications are not required for every Insurance Claims and Policy Processing Clerks position, they can certainly increase your salary and lead to an easier recruitment process when applying to enterprises that favor candidates with additional certifications.

Is the Insurance Claims and Policy Processing Clerks position in high demand?

The current Bureau of Labor Statistics states the salary is $35,650 higher than the national average for Insurance Claims and Policy Processing Clerks positions.

Is there advancement potential for a Insurance Claims and Policy Processing Clerks role?

Yes, there is strong potential for promotion — either with an additional educational degree or with continued years of experience. There are a multitude of other positions Insurance Claims and Policy Processing Clerks roles that can advance both internally and with another company.

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