Insurance Claim Service Representative III Salary in the United States

How much does an Insurance Claim Service Representative III make hourly in the United States? The average hourly wage for an Insurance Claim Service Representative III in the United States is $25 as of April 26, 2022, but the range typically falls between $23 and $26. Hourly rate 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.  View the Cost of Living in Major Cities

Job Description

Processes, adjusts, and closes claims of moderate complexity in a contact center setting. Prepares initial claim reports, records statements from involved parties, and maintains First Notice of Loss (FNOL) information. Negotiates settlements within approved limits. Does not handle claims requiring outside field adjustment and refers complex claims to designated experts. May handle claims for bodily injury and third-party loss. Requires a high school diploma or equivalent. Typically reports to a supervisor or manager. Works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. Typically requires 3-5 years of related experience, or may need 2 years experience with additional specialized training and/or certification. (Copyright 2022 Salary.com)

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Understand the total hourly compensation opportunity for a Insurance Claim Service Representative III, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
23
26
25

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
24
28
26
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Insurance Claim Service Representative III in the United States. The average hourly rate for Insurance Claim Service Representative III ranges from $23 to $26 with the average hourly pay of $25. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $24 to $28 with the average total hourly cash compensation of $26.
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23
26

 

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Career Path for this job

  1. Down a level:

    Insurance Claim Service Representative II

    1 - 3 years experience
    High School Diploma or Tech Certificate

  2. This Job:

    Insurance Claim Service Representative III

    2 - 5 years experience
    High School Diploma or Tech Certificate

  3. Up a level:

    Insurance Claim Service Team Supervisor

    3 + years experience
    High School Diploma or Tech Certificate

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Job Openings for Insurance Claim Service Representative III