Home > Salary > India > 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: 1,319,204 INR
Estimated Monthly Salary: 109,934 INR
Estimated Weekly Salary: 25,369 INR per week
Estimated Hourly Salary: 634 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 106,118 INR
Estimated Weekly Salary: 24,489 INR per week
Estimated Hourly Salary: 612 INR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 14,630 USD
Estimated Monthly Salary: 1,219 USD
Estimated Weekly Salary: 281 USD per week
Estimated Hourly Salary: 7 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: 1,319,204 INR
Estimated Monthly Salary: 109,934 INR
Estimated Weekly Salary: 25,369 INR per week
Estimated Hourly Salary: 634 INR per hour
By working as Insurance Claim Or Policy Processing Clerk a person can save up to 324 USD per month or 3,888 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 India, see costs of living in India.
Estimated Yearly Salary for Insurance Claim Or Policy Processing Clerk
Bangladesh is 1,849 USD
87%
Details on Insurance Claim Or Policy Processing Clerk salary in Bangladesh
Afghanistan is 3,920 USD 73%
Details on Insurance Claim Or Policy Processing Clerk salary in Afghanistan Last revision of data: 2025-01-04
Data as of 2025
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Insurance Claim Or Policy Processing Clerk salary in India
Average Yearly Salary of Insurance Claim Or Policy Processing Clerk in India is approximately 1,319,204 INR (14,630 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: 1,319,204 INR
Estimated Monthly Salary: 109,934 INR
Estimated Weekly Salary: 25,369 INR per week
Estimated Hourly Salary: 634 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,273,410 INREstimated Monthly Salary: 106,118 INR
Estimated Weekly Salary: 24,489 INR per week
Estimated Hourly Salary: 612 INR per hour
Last revision of data: 2024-01-03Insurance Claim Or Policy Processing Clerk estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 14,630 USD
Estimated Monthly Salary: 1,219 USD
Estimated Weekly Salary: 281 USD per week
Estimated Hourly Salary: 7 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
India is a diverse and vibrant country located in South Asia. With a population of over 1.3 billion people, it is the second-most populous country in the world. The land area of India spans approximately 3.29 million square kilometers, making it the seventh-largest country by land area. It shares borders with several countries including Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Claim Or Policy Processing Clerk job salary compared to average salary in India.
Comparison shows that a person working as Insurance Claim Or Policy Processing Clerk in India earns on average:
0.71 times the average salary (or 71% of average salary).
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Claim Or Policy Processing Clerk job salary compared to average salary in India.
Comparison shows that a person working as Insurance Claim Or Policy Processing Clerk in India earns on average:
0.71 times the average salary (or 71% 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 1,451,124 INR and 1,912,846 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Claim Or Policy Processing Clerk in India?
Living in India the approximate monthly expenses are: 895 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: 1,319,204 INR
Estimated Monthly Salary: 109,934 INR
Estimated Weekly Salary: 25,369 INR per week
Estimated Hourly Salary: 634 INR per hour
By working as Insurance Claim Or Policy Processing Clerk a person can save up to 324 USD per month or 3,888 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 India, see costs of living in India.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Pakistan, China, Nepal, Bhutan, Bangladesh, Myanmar (Burma), Afghanistan. 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
Pakistan is 1,032 USD
China is 8,377 USD
Nepal is 4,795 USDBangladesh is 1,849 USD 87%Details on Insurance Claim Or Policy Processing Clerk salary in Bangladesh
Afghanistan is 3,920 USD 73%Details on Insurance Claim Or Policy Processing Clerk salary in Afghanistan
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 India
(21,041,458 INR per year, pre-tax.)
2. Cardiologist
(17,441,897 INR per year, pre-tax.)
(16,859,303 INR per year, pre-tax.)
4. Neurosurgeon
(16,443,049 INR per year, pre-tax.)
(16,347,274 INR per year, pre-tax.)
(16,022,930 INR per year, pre-tax.)
7. Urologist
(16,021,806 INR per year, pre-tax.)
(15,990,052 INR per year, pre-tax.)
9. Oncologist
(15,984,385 INR per year, pre-tax.)
(15,947,550 INR per year, pre-tax.)
Data as of 2025Random salary:
Analytics analyst (2,011,500 INR per year, pre-tax.)
Data developer (2,832,210 INR per year, pre-tax.)
Land surveyor supervisor (2,224,145 INR per year, pre-tax.)
Margin clerk (2,183,123 INR per year, pre-tax.)
Dance instructor (1,422,818 INR per year, pre-tax.)
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