Insurance Claim Or Policy Processing Clerk salary in Malaysia

Average Yearly Salary of Insurance Claim Or Policy Processing Clerk in Malaysia is approximately 58,313 MYR (11,606 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

How much does Insurance Claim Or Policy Processing Clerk make?

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


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Salary comparison to National average

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 64,144 MYR and 84,554 MYR. However this is an estimation based on Gaussian Distribution.

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

Living in Malaysia the approximate monthly expenses are: 711 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: 58,313 MYR
Estimated Monthly Salary: 4,859 MYR
Estimated Weekly Salary: 1,121 MYR per week
Estimated Hourly Salary: 28 MYR per hour
By working as Insurance Claim Or Policy Processing Clerk a person can save up to 256 USD per month or 3,072 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 Malaysia, see costs of living in Malaysia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Thailand, Indonesia, Singapore, Brunei, Vietnam, Philippines.
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 +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 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.

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Data as of 2025

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