Home > Salary > Ecuador > Insurance Claim Or Policy Processing Clerk
An 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.
Estimated Yearly Salary: 117,093,490 ECS
Estimated Monthly Salary: 9,757,791 ECS
Estimated Weekly Salary: 2,251,798 ECS per week
Estimated Hourly Salary: 56,295 ECS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 9,397,752 ECS
Estimated Weekly Salary: 2,168,712 ECS per week
Estimated Hourly Salary: 54,218 ECS per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 4,141 USD
Estimated Monthly Salary: 345 USD
Estimated Weekly Salary: 80 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 117,093,490 ECS
Estimated Monthly Salary: 9,757,791 ECS
Estimated Weekly Salary: 2,251,798 ECS per week
Estimated Hourly Salary: 56,295 ECS per hour
By working as Insurance Claim Or Policy Processing Clerk a person can save up to 93 USD per month or 1,112 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 Ecuador, see costs of living in Ecuador.
Estimated Yearly Salary for Insurance Claim Or Policy Processing Clerk
Last revision of data: 2025-01-04
Data as of 2025
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Insurance Claim Or Policy Processing Clerk salary in Ecuador
Average Yearly Salary of Insurance Claim Or Policy Processing Clerk in Ecuador is approximately 117,093,490 ECS (4,141 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?
An 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
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: 117,093,490 ECS
Estimated Monthly Salary: 9,757,791 ECS
Estimated Weekly Salary: 2,251,798 ECS per week
Estimated Hourly Salary: 56,295 ECS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 112,773,019 ECSEstimated Monthly Salary: 9,397,752 ECS
Estimated Weekly Salary: 2,168,712 ECS per week
Estimated Hourly Salary: 54,218 ECS per hour
Last revision of data: 2024-01-02Insurance Claim Or Policy Processing Clerk estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 4,141 USD
Estimated Monthly Salary: 345 USD
Estimated Weekly Salary: 80 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Ecuador is a country located in South America, bordered by Colombia to the north, Peru to the east and south, and the Pacific Ocean to the west. It has a population of approximately 17 million people and covers an area of about 283,561 square kilometers.
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Claim Or Policy Processing Clerk job salary compared to average salary in Ecuador.
Comparison shows that a person working as Insurance Claim Or Policy Processing Clerk in Ecuador earns on average:
0.72 times the average salary (or 72% of average salary).
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Claim Or Policy Processing Clerk job salary compared to average salary in Ecuador.
Comparison shows that a person working as Insurance Claim Or Policy Processing Clerk in Ecuador 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 128,802,839 ECS and 169,785,561 ECS. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Claim Or Policy Processing Clerk in Ecuador?
Living in Ecuador the approximate monthly expenses are: 252 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: 117,093,490 ECS
Estimated Monthly Salary: 9,757,791 ECS
Estimated Weekly Salary: 2,251,798 ECS per week
Estimated Hourly Salary: 56,295 ECS per hour
By working as Insurance Claim Or Policy Processing Clerk a person can save up to 93 USD per month or 1,112 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 Ecuador, see costs of living in Ecuador.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Colombia, Peru. 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
Colombia is 4,262 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 Ecuador
(1,855,980,438 ECS per year, pre-tax.)
2. Cardiologist
(1,555,155,042 ECS per year, pre-tax.)
(1,492,481,780 ECS per year, pre-tax.)
4. Neurosurgeon
(1,451,252,556 ECS per year, pre-tax.)
(1,445,038,889 ECS per year, pre-tax.)
(1,418,984,151 ECS per year, pre-tax.)
(1,418,715,651 ECS per year, pre-tax.)
(1,416,409,138 ECS per year, pre-tax.)
9. Oncologist
(1,414,323,101 ECS per year, pre-tax.)
10. Urologist
(1,413,729,680 ECS per year, pre-tax.)
Data as of 2025Random salary:
Certified surgical first assistant (198,321,065 ECS per year, pre-tax.)
Program manager computer software (304,422,569 ECS per year, pre-tax.)
Incident responder (300,883,447 ECS per year, pre-tax.)
Senior grant writer (223,623,610 ECS per year, pre-tax.)
Booking agent (183,836,014 ECS per year, pre-tax.)
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