Home > Salary > Australia > Insurance Claims Specialist
An insurance claims specialist is responsible for processing and managing insurance claims on behalf of policyholders. They review policy coverage, assess damages or losses, investigate the claim, and determine the appropriate settlement amount. They communicate with policyholders, insurance agents, and other relevant parties to gather necessary information and documentation. Additionally, they may coordinate with adjusters, appraisers, and legal professionals to ensure accurate evaluation and resolution of claims. Attention to detail, analytical skills, and knowledge of insurance policies and regulations are essential in this role. Insurance claims specialists also need strong communication and negotiation abilities to handle inquiries, explain claim processes, and negotiate settlements. They must maintain accurate records and adhere to company policies and industry standards.
Estimated Yearly Salary: 84,399 AUD
Estimated Monthly Salary: 7,033 AUD
Estimated Weekly Salary: 1,623 AUD per week
Estimated Hourly Salary: 41 AUD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 6,807 AUD
Estimated Weekly Salary: 1,571 AUD per week
Estimated Hourly Salary: 39 AUD per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 42,355 USD
Estimated Monthly Salary: 3,530 USD
Estimated Weekly Salary: 815 USD per week
Estimated Hourly Salary: 20 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 84,399 AUD
Estimated Monthly Salary: 7,033 AUD
Estimated Weekly Salary: 1,623 AUD per week
Estimated Hourly Salary: 41 AUD per hour
By working as Insurance Claims Specialist a person can save up to 1,112 USD per month or 13,349 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Australia, see costs of living in Australia.
Estimated Yearly Salary for Insurance Claims Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Insurance Claims Specialist salary in Australia
Average Yearly Salary of Insurance Claims Specialist in Australia is approximately 84,399 AUD (42,355 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Insurance Claims Specialist do?
An insurance claims specialist is responsible for processing and managing insurance claims on behalf of policyholders. They review policy coverage, assess damages or losses, investigate the claim, and determine the appropriate settlement amount. They communicate with policyholders, insurance agents, and other relevant parties to gather necessary information and documentation. Additionally, they may coordinate with adjusters, appraisers, and legal professionals to ensure accurate evaluation and resolution of claims. Attention to detail, analytical skills, and knowledge of insurance policies and regulations are essential in this role. Insurance claims specialists also need strong communication and negotiation abilities to handle inquiries, explain claim processes, and negotiate settlements. They must maintain accurate records and adhere to company policies and industry standards.
Skills: Insurance, Claims, Specialist, Settlements, Policyholders, Regulations
Job industry: Insurance
Job industry: Insurance
How much does Insurance Claims Specialist make?
Salary details
How much does Insurance Claims Specialist make?Estimated Yearly Salary: 84,399 AUD
Estimated Monthly Salary: 7,033 AUD
Estimated Weekly Salary: 1,623 AUD per week
Estimated Hourly Salary: 41 AUD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 81,678 AUDEstimated Monthly Salary: 6,807 AUD
Estimated Weekly Salary: 1,571 AUD per week
Estimated Hourly Salary: 39 AUD per hour
Last revision of data: 2024-01-09Insurance Claims Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 42,355 USD
Estimated Monthly Salary: 3,530 USD
Estimated Weekly Salary: 815 USD per week
Estimated Hourly Salary: 20 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
Australia is a vast country located in the southern hemisphere. It has a diverse population of approximately 25 million people. The country spans an area of about 7.7 million square kilometers, making it the sixth-largest country in the world. Australia is surrounded by the Indian and Pacific Oceans and is known for its stunning landscapes, including the Great Barrier Reef, Uluru, and the Outback.
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Claims Specialist job salary compared to average salary in Australia.
Comparison shows that a person working as Insurance Claims Specialist in Australia earns on average:
1 times the average salary (or 100% of average salary).
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Claims Specialist job salary compared to average salary in Australia.
Comparison shows that a person working as Insurance Claims Specialist in Australia earns on average:
1 times the average salary (or 100% of average salary).
Is Insurance Claims Specialist a well paid job?
Yes, our data show that Insurance Claims Specialist is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Insurance Claims Specialist?
High salary for Insurance Claims Specialist would be somewhere between 92,839 AUD and 122,379 AUD. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Claims Specialist in Australia?
Living in Australia the approximate monthly expenses are: 2,417 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 84,399 AUD
Estimated Monthly Salary: 7,033 AUD
Estimated Weekly Salary: 1,623 AUD per week
Estimated Hourly Salary: 41 AUD per hour
By working as Insurance Claims Specialist a person can save up to 1,112 USD per month or 13,349 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Australia, see costs of living in Australia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Indonesia, Papua New Guinea, East Timor. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Insurance Claims Specialist
Indonesia is 7,413 USD
East Timor is 31,444 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
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Data as of 2025Random salary:
Poultry scientist (168,315 AUD per year, pre-tax.)
Bank vice president (172,576 AUD per year, pre-tax.)
Pediatric physical therapy assistant (79,969 AUD per year, pre-tax.)
Knowledge engineer (103,540 AUD per year, pre-tax.)
Solar energy systems designer (68,185 AUD per year, pre-tax.)
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