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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?

occupation personasAn 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?

Salary details
How much does Insurance Claim Or Policy Processing Clerk make?
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
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 56,205 MYR
Estimated Monthly Salary: 4,684 MYR
Estimated Weekly Salary: 1,081 MYR per week
Estimated Hourly Salary: 27 MYR per hour
Last revision of data: 2024-01-03



Insurance Claim Or Policy Processing Clerk estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 11,606 USD
Estimated Monthly Salary: 967 USD
Estimated Weekly Salary: 223 USD per week
Estimated Hourly Salary: 6 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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Salary comparison to National average

Malaysia is a Southeast Asian country located on the Malay Peninsula and the island of Borneo. It has a diverse population consisting of various ethnic groups, including Malays, Chinese, Indians, and indigenous tribes. Malaysia has an estimated population of around 32 million people. The country covers an area of approximately 330,803 square kilometers, making it the 66th largest country in the world.

Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Claim Or Policy Processing Clerk job salary compared to average salary in Malaysia.
Comparison shows that a person working as Insurance Claim Or Policy Processing Clerk in Malaysia earns on average:
0.75 times the average salary (or 75% 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 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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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.

Top 10 highest salaries in Malaysia

(927,752 MYR per year, pre-tax.)
(770,656 MYR per year, pre-tax.)
(748,723 MYR per year, pre-tax.)
(724,417 MYR per year, pre-tax.)
(722,312 MYR per year, pre-tax.)
(706,560 MYR per year, pre-tax.)
(706,212 MYR per year, pre-tax.)
(704,735 MYR per year, pre-tax.)
(704,523 MYR per year, pre-tax.)
(703,305 MYR per year, pre-tax.)

Data as of 2025

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Please note:
This website presents salary insights for informational purposes exclusively.
This website compiles salary data for educational purposes only. While we endeavor to present correct figures, we do not ensure their full reliability. Users are strongly encouraged to consult additional sources before finalizing career-related decisions. Salary figures vary based on several conditions, such as location, job role, and individual qualifications. We do not offer any guarantees as to the validity of the listed data. Your use of this site indicates acceptance of this disclaimer.
The salary figures on this website are meant for informational use exclusively. We collect salary data from multiple providers, but cannot ensure complete precision. Users must independently confirm salaries before making financial decisions. Salary fluctuations occur due to company policies, negotiation skills, and experience levels. We deny any guarantee regarding the correctness of the provided salary data. By accessing this site, you agree that salary data is not definitive.