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Insurance Claim Or Policy Processing Clerk salary in Bangladesh

Average Yearly Salary of Insurance Claim Or Policy Processing Clerk in Bangladesh is approximately 218,156 BDT (1,849 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 Claim Or Policy Processing Clerk do?

occupation personasAn insurance claim or policy processing clerk is responsible for handling and processing insurance claims and policies. They play a crucial role in ensuring that all necessary documentation is collected, reviewed, and processed accurately and efficiently. This includes verifying policy information, investigating claims, contacting policyholders, and coordinating with other departments to resolve any issues or discrepancies. They also maintain records and databases, update policy information, and provide customer service by answering inquiries and assisting with claim-related matters. Attention to detail, strong organizational skills, and the ability to work under pressure are essential for this role.

Skills: insurance, claims processing, policy administration, customer service, data entry, and attention to detail.
Job industry: Insurance


How much does Insurance Claim Or Policy Processing Clerk make?

Salary details
How much does Insurance Claim Or Policy Processing Clerk make?
Estimated Yearly Salary: 218,156 BDT
Estimated Monthly Salary: 18,180 BDT
Estimated Weekly Salary: 4,195 BDT per week
Estimated Hourly Salary: 105 BDT per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 210,394 BDT
Estimated Monthly Salary: 17,533 BDT
Estimated Weekly Salary: 4,046 BDT per week
Estimated Hourly Salary: 101 BDT per hour
Last revision of data: 2024-01-02



Insurance Claim Or Policy Processing Clerk estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 1,849 USD
Estimated Monthly Salary: 154 USD
Estimated Weekly Salary: 36 USD per week
Estimated Hourly Salary: 1 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

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.

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Salary comparison to National average

Bangladesh, located in South Asia, is a densely populated country with a rich cultural heritage. It has a population of over 160 million people and covers an area of approximately 147,570 square kilometers. Despite being a relatively small country in terms of land area, Bangladesh is the eighth-most populous country in the world.

Estimated national average yearly salary is 304,560 BDT (2,820 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Claim Or Policy Processing Clerk job salary compared to average salary in Bangladesh.
Comparison shows that a person working as Insurance Claim Or Policy Processing Clerk in Bangladesh earns on average:
0.72 times the average salary (or 72% of average salary).

Is Insurance Claim Or Policy Processing Clerk a well paid job?

No, our data shows that Insurance Claim Or Policy Processing Clerk is typically not a well-paid job. The salary varies based on experience. Meaning that even though Insurance Claim Or Policy Processing Clerk might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Insurance Claim Or Policy Processing Clerk?

High salary for Insurance Claim Or Policy Processing Clerk would be somewhere between 239,972 BDT and 316,326 BDT. However this is an estimation based on Gaussian Distribution.

How much can you save working as Insurance Claim Or Policy Processing Clerk in Bangladesh?

Living in Bangladesh the approximate monthly expenses are: 113 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: 218,156 BDT
Estimated Monthly Salary: 18,180 BDT
Estimated Weekly Salary: 4,195 BDT per week
Estimated Hourly Salary: 105 BDT per hour
By working as Insurance Claim Or Policy Processing Clerk a person can save up to 41 USD per month or 495 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 Bangladesh, see costs of living in Bangladesh.

Salary comparison to region and neighbouring coutries

Country's neighbours are: India, Myanmar (Burma), Bhutan.
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 Claim Or Policy Processing Clerk

Last revision of data: 2025-01-04

Salary 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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Bangladesh

(3,468,551 BDT per year, pre-tax.)
(2,899,173 BDT per year, pre-tax.)
(2,788,975 BDT per year, pre-tax.)
(2,696,258 BDT per year, pre-tax.)
(2,693,113 BDT per year, pre-tax.)
(2,648,729 BDT per year, pre-tax.)
(2,648,146 BDT per year, pre-tax.)
(2,647,247 BDT per year, pre-tax.)
(2,646,613 BDT per year, pre-tax.)
(2,640,498 BDT per year, pre-tax.)

Data as of 2025

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This website presents salary estimates for educational purposes only.
Salary information displayed on this site is informational exclusively. Our figures are compiled various sources, but we cannot guarantee absolute correctness. Users must always double-check salary details with additional resources before making job-related commitments. Salaries differ due to economic trends, job location, and negotiation skills. We make no warranties about the completeness of the provided salary data. By navigating this site, you acknowledge these terms.
optisalary.com provides salary data exclusively for informational purposes. While we endeavor for accuracy, we cannot guarantee the validity of all figures. Users must verify salary details with reliable organizations before making financial decisions. Salary amounts can fluctuate based on numerous elements, such as geographic location, experience, and job role. We accept no liability for misinterpretations in the pay figures provided. By accessing this website, you acknowledge that salary data is subject to change.