Home > Salary > Ethiopia > 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: 80,792 ETB
Estimated Monthly Salary: 6,733 ETB
Estimated Weekly Salary: 1,554 ETB per week
Estimated Hourly Salary: 39 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 6,490 ETB
Estimated Weekly Salary: 1,498 ETB per week
Estimated Hourly Salary: 37 ETB per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 1,340 USD
Estimated Monthly Salary: 112 USD
Estimated Weekly Salary: 26 USD per week
Estimated Hourly Salary: 1 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: 80,792 ETB
Estimated Monthly Salary: 6,733 ETB
Estimated Weekly Salary: 1,554 ETB per week
Estimated Hourly Salary: 39 ETB per hour
By working as Insurance Claims Specialist a person can save up to 35 USD per month or 418 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 Ethiopia, see costs of living in Ethiopia.
Estimated Yearly Salary for Insurance Claims Specialist
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Hedge fund manager (331,743 ETB per year, pre-tax.)
Regional director of property management (207,953 ETB per year, pre-tax.)
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Ux consultant (174,774 ETB per year, pre-tax.)
Fire marshal (105,074 ETB per year, pre-tax.)
Insurance Claims Specialist salary in Ethiopia
Average Yearly Salary of Insurance Claims Specialist in Ethiopia is approximately 80,792 ETB (1,340 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: 80,792 ETB
Estimated Monthly Salary: 6,733 ETB
Estimated Weekly Salary: 1,554 ETB per week
Estimated Hourly Salary: 39 ETB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 77,880 ETBEstimated Monthly Salary: 6,490 ETB
Estimated Weekly Salary: 1,498 ETB per week
Estimated Hourly Salary: 37 ETB per hour
Last revision of data: 2024-01-02Insurance Claims Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 1,340 USD
Estimated Monthly Salary: 112 USD
Estimated Weekly Salary: 26 USD per week
Estimated Hourly Salary: 1 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
Ethiopia is a landlocked country located in the Horn of Africa. With a population of over 114 million people, it is the second-most populous country in Africa. Covering an area of approximately 1.1 million square kilometers, Ethiopia is the 27th largest country in the world. It shares borders with Eritrea to the north, Sudan to the west, South Sudan to the southwest, Kenya to the south, Somalia to the east, and Djibouti to the northeast.
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Claims Specialist job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Insurance Claims Specialist in Ethiopia earns on average:
0.77 times the average salary (or 77% of average salary).
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Claims Specialist job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Insurance Claims Specialist in Ethiopia earns on average:
0.77 times the average salary (or 77% of average salary).
Is Insurance Claims Specialist a well paid job?
No, our data shows that Insurance Claims Specialist is typically not a well-paid job. The salary varies based on experience. Meaning that even though Insurance Claims Specialist might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Insurance Claims Specialist?
High salary for Insurance Claims Specialist would be somewhere between 88,871 ETB and 117,148 ETB. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Claims Specialist in Ethiopia?
Living in Ethiopia the approximate monthly expenses are: 77 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: 80,792 ETB
Estimated Monthly Salary: 6,733 ETB
Estimated Weekly Salary: 1,554 ETB per week
Estimated Hourly Salary: 39 ETB per hour
By working as Insurance Claims Specialist a person can save up to 35 USD per month or 418 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 Ethiopia, see costs of living in Ethiopia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Djibouti, Eritrea, Sudan, South Sudan, Kenya, Somalia. 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
Sudan is 533 USD
Kenya is 4,204 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 Ethiopia
(1,198,707 ETB per year, pre-tax.)
2. Cardiologist
(998,053 ETB per year, pre-tax.)
(968,024 ETB per year, pre-tax.)
4. Neurosurgeon
(937,399 ETB per year, pre-tax.)
(935,134 ETB per year, pre-tax.)
(915,448 ETB per year, pre-tax.)
7. Oncologist
(913,122 ETB per year, pre-tax.)
(912,301 ETB per year, pre-tax.)
(911,770 ETB per year, pre-tax.)
10. Dermatologist
(911,678 ETB per year, pre-tax.)
Data as of 2025Random salary:
Hedge fund manager (331,743 ETB per year, pre-tax.)
Regional director of property management (207,953 ETB per year, pre-tax.)
Aviation inspector (169,500 ETB per year, pre-tax.)
Ux consultant (174,774 ETB per year, pre-tax.)
Fire marshal (105,074 ETB per year, pre-tax.)
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