Home > Salary > Bangladesh > Insurance Claims Representative
An insurance claims representative is responsible for evaluating and processing insurance claims on behalf of policyholders. They review the claim, gather necessary information, assess coverage, and determine the validity of the claim. Their main objective is to ensure a fair and accurate settlement for all parties involved. Insurance claims representatives communicate with policyholders, witnesses, and other relevant parties to gather information and investigate the claim. They may also collaborate with adjusters, attorneys, and medical professionals to assess damages and negotiate settlements. Additionally, they document all claim activities, maintain records, and provide updates to policyholders throughout the process. This occupation requires strong analytical skills, attention to detail, excellent communication abilities, and a comprehensive understanding of insurance policies and procedures.
Estimated Yearly Salary: 232,288 BDT
Estimated Monthly Salary: 19,357 BDT
Estimated Weekly Salary: 4,467 BDT per week
Estimated Hourly Salary: 112 BDT per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 18,742 BDT
Estimated Weekly Salary: 4,325 BDT per week
Estimated Hourly Salary: 108 BDT per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 1,971 USD
Estimated Monthly Salary: 164 USD
Estimated Weekly Salary: 38 USD per week
Estimated Hourly Salary: 1 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: 232,288 BDT
Estimated Monthly Salary: 19,357 BDT
Estimated Weekly Salary: 4,467 BDT per week
Estimated Hourly Salary: 112 BDT per hour
By working as Insurance Claims Representative a person can save up to 51 USD per month or 617 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.
Estimated Yearly Salary for Insurance Claims Representative
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Insurance Claims Representative salary in Bangladesh
Average Yearly Salary of Insurance Claims Representative in Bangladesh is approximately 232,288 BDT (1,971 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 Representative do?
An insurance claims representative is responsible for evaluating and processing insurance claims on behalf of policyholders. They review the claim, gather necessary information, assess coverage, and determine the validity of the claim. Their main objective is to ensure a fair and accurate settlement for all parties involved. Insurance claims representatives communicate with policyholders, witnesses, and other relevant parties to gather information and investigate the claim. They may also collaborate with adjusters, attorneys, and medical professionals to assess damages and negotiate settlements. Additionally, they document all claim activities, maintain records, and provide updates to policyholders throughout the process. This occupation requires strong analytical skills, attention to detail, excellent communication abilities, and a comprehensive understanding of insurance policies and procedures.
Skills: Insurance claims, Claims representative, Claims processing, Insurance industry, Claims evaluation, Settlement negotiation
Job industry: Insurance
Job industry: Insurance
How much does Insurance Claims Representative make?
Salary details
How much does Insurance Claims Representative make?Estimated Yearly Salary: 232,288 BDT
Estimated Monthly Salary: 19,357 BDT
Estimated Weekly Salary: 4,467 BDT per week
Estimated Hourly Salary: 112 BDT per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 224,908 BDTEstimated Monthly Salary: 18,742 BDT
Estimated Weekly Salary: 4,325 BDT per week
Estimated Hourly Salary: 108 BDT per hour
Last revision of data: 2024-01-02Insurance Claims Representative estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 1,971 USD
Estimated Monthly Salary: 164 USD
Estimated Weekly Salary: 38 USD per week
Estimated Hourly Salary: 1 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
Compare salary to other countries
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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 Claims Representative job salary compared to average salary in Bangladesh.
Comparison shows that a person working as Insurance Claims Representative in Bangladesh earns on average:
0.76 times the average salary (or 76% of average salary).
Estimated national average yearly salary is 304,560 BDT (2,820 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Claims Representative job salary compared to average salary in Bangladesh.
Comparison shows that a person working as Insurance Claims Representative in Bangladesh earns on average:
0.76 times the average salary (or 76% of average salary).
Is Insurance Claims Representative a well paid job?
No, our data shows that Insurance Claims Representative is typically not a well-paid job. The salary varies based on experience. Meaning that even though Insurance Claims Representative might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Insurance Claims Representative?
High salary for Insurance Claims Representative would be somewhere between 255,517 BDT and 336,818 BDT. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Claims Representative 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: 232,288 BDT
Estimated Monthly Salary: 19,357 BDT
Estimated Weekly Salary: 4,467 BDT per week
Estimated Hourly Salary: 112 BDT per hour
By working as Insurance Claims Representative a person can save up to 51 USD per month or 617 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 Claims Representative
India is 15,657 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
+10% salary increaseTop 10 highest salaries in Bangladesh
(3,468,551 BDT per year, pre-tax.)
2. Cardiologist
(2,899,173 BDT per year, pre-tax.)
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4. Neurosurgeon
(2,696,258 BDT per year, pre-tax.)
(2,693,113 BDT per year, pre-tax.)
6. Oncologist
(2,648,729 BDT per year, pre-tax.)
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10. Plastic surgeon
(2,640,498 BDT per year, pre-tax.)
Data as of 2025Random salary:
Labor worker (150,782 BDT per year, pre-tax.)
Health and safety engineer (but not mining safety engineer or inspector) (482,384 BDT per year, pre-tax.)
Human resources (hr), administrator (239,526 BDT per year, pre-tax.)
Sarbanes-oxley (sox), auditor (322,931 BDT per year, pre-tax.)
Senior microbiologist (328,275 BDT per year, pre-tax.)
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Please note:The salary figures presented here are intended for reference purposes only.
This website presents salary estimates for educational purposes only. While we gather data from various sources, we cannot ensure full accuracy. Users are advised to consult external platforms before making major financial decisions. Salaries shift due to numerous elements, such as market demand, employer policies, and geographic location. We cannot provide guarantee regarding the validity of the displayed salary figures. Your continued access of this site indicates your acceptance of these terms.
This website presents salary estimates for educational purposes only. While we collect data from various sources, we cannot ensure full reliability. Users are advised to review trusted organizations before making major financial moves. Salaries fluctuate due to numerous factors, such as market demand, employer policies, and geographic location. We make no warranty regarding the correctness of the displayed salary figures. Your use of this site confirms your acceptance of these terms.