Home > Salary > Singapore > 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: 88,159 SGD
Estimated Monthly Salary: 7,347 SGD
Estimated Weekly Salary: 1,695 SGD per week
Estimated Hourly Salary: 42 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 7,081 SGD
Estimated Weekly Salary: 1,634 SGD per week
Estimated Hourly Salary: 41 SGD per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 43,808 USD
Estimated Monthly Salary: 3,651 USD
Estimated Weekly Salary: 842 USD per week
Estimated Hourly Salary: 21 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: 88,159 SGD
Estimated Monthly Salary: 7,347 SGD
Estimated Weekly Salary: 1,695 SGD per week
Estimated Hourly Salary: 42 SGD per hour
By working as Insurance Claim Or Policy Processing Clerk a person can save up to 963 USD per month or 11,552 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 Singapore, see costs of living in Singapore.
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 Singapore
Average Yearly Salary of Insurance Claim Or Policy Processing Clerk in Singapore is approximately 88,159 SGD (43,808 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: 88,159 SGD
Estimated Monthly Salary: 7,347 SGD
Estimated Weekly Salary: 1,695 SGD per week
Estimated Hourly Salary: 42 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 84,968 SGDEstimated Monthly Salary: 7,081 SGD
Estimated Weekly Salary: 1,634 SGD per week
Estimated Hourly Salary: 41 SGD 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: 43,808 USD
Estimated Monthly Salary: 3,651 USD
Estimated Weekly Salary: 842 USD per week
Estimated Hourly Salary: 21 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
Singapore is a vibrant and cosmopolitan city-state located in Southeast Asia. With a population of approximately 5.7 million people, it is one of the most densely populated countries in the world. Despite its small size, measuring only 719 square kilometers, Singapore has become a global hub for trade, finance, and tourism.
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Claim Or Policy Processing Clerk job salary compared to average salary in Singapore.
Comparison shows that a person working as Insurance Claim Or Policy Processing Clerk in Singapore earns on average:
0.92 times the average salary (or 92% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Claim Or Policy Processing Clerk job salary compared to average salary in Singapore.
Comparison shows that a person working as Insurance Claim Or Policy Processing Clerk in Singapore earns on average:
0.92 times the average salary (or 92% of average salary).
Is Insurance Claim Or Policy Processing Clerk a well paid job?
Yes, our data show that Insurance Claim Or Policy Processing Clerk is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.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 96,975 SGD and 127,831 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Claim Or Policy Processing Clerk in Singapore?
Living in Singapore the approximate monthly expenses are: 2,688 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: 88,159 SGD
Estimated Monthly Salary: 7,347 SGD
Estimated Weekly Salary: 1,695 SGD per week
Estimated Hourly Salary: 42 SGD per hour
By working as Insurance Claim Or Policy Processing Clerk a person can save up to 963 USD per month or 11,552 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 Singapore, see costs of living in Singapore.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Malaysia, Indonesia. 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
Malaysia is 11,606 USD
Indonesia is 6,912 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 Singapore
(1,400,313 SGD per year, pre-tax.)
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(1,093,464 SGD per year, pre-tax.)
5. Neurosurgeon
(1,091,467 SGD per year, pre-tax.)
(1,068,249 SGD per year, pre-tax.)
7. Oncologist
(1,067,130 SGD per year, pre-tax.)
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Data as of 2025Random salary:
Account assistant (96,943 SGD per year, pre-tax.)
Program manager wound care center (137,368 SGD per year, pre-tax.)
Hospital education specialist (91,860 SGD per year, pre-tax.)
Infusion therapy technician (72,486 SGD per year, pre-tax.)
Paper science engineer (134,482 SGD per year, pre-tax.)
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