Insurance Claim Service Representative III Salary in Albert Lea, Minnesota

How much does an Insurance Claim Service Representative III make in Albert Lea, MN? The average Insurance Claim Service Representative III salary in Albert Lea, MN is $52,989 as of May 25, 2023, but the range typically falls between $49,752 and $56,419. 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. 

About Albert Lea, Minnesota    Albert Lea is a city in Freeborn County, in the southeastern part of the State of Minnesota. It is also the county seat. Its population was 18,016 at....More

Albert Lea, Minnesota  area prices were up 1.3% from a year ago    View the Cost of Living in Albert Lea, Minnesota

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 2023 Salary.com)

Take just three simple steps below to generate your own personalized salary report.

Step of 3

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

Average Base Salary

Core compensation

 
 
 
49752
56419
52989

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
51810
59337
55521
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Claim Service Representative III in Albert Lea, MN. The base salary for Insurance Claim Service Representative III ranges from $49,752 to $56,419 with the average base salary of $52,989. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $51,810 to $59,337 with the average total cash compensation of $55,521.
Step of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

49752
56419

 

Step of 3

Recalculate your target pay based on your unique skills and experiences

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

Salary for

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
Job Openings for Insurance Claim Service Representative III in Albert Lea, MN