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Insurance Claims Service Consultant salary in Singapore

Average Yearly Salary of Insurance Claims Service Consultant in Singapore is approximately 205,345 SGD (102,575 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 Service Consultant do?

occupation personasAn insurance claims service consultant is responsible for assisting policyholders in navigating the claims process and ensuring timely and accurate resolution of insurance claims. They act as a liaison between the policyholder, insurance company, and other parties involved in the claim, such as adjusters, contractors, and healthcare providers. Their primary duties include gathering necessary documentation, reviewing policies, assessing damages or losses, determining coverage, negotiating settlements, and providing guidance and support to policyholders throughout the claims process. They must have strong communication and customer service skills to effectively handle inquiries, address concerns, and provide accurate information. Attention to detail, problem-solving abilities, and knowledge of insurance policies and regulations are essential for this role.

Skills: Insurance claims, Claims service consultant, Customer service, Policyholder support, Claims process, Insurance industry
Job industry: Insurance


How much does Insurance Claims Service Consultant make?

Salary details
How much does Insurance Claims Service Consultant make?
Estimated Yearly Salary: 205,345 SGD
Estimated Monthly Salary: 17,112 SGD
Estimated Weekly Salary: 3,949 SGD per week
Estimated Hourly Salary: 99 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 197,770 SGD
Estimated Monthly Salary: 16,481 SGD
Estimated Weekly Salary: 3,803 SGD per week
Estimated Hourly Salary: 95 SGD per hour
Last revision of data: 2024-01-05



Insurance Claims Service Consultant estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 102,575 USD
Estimated Monthly Salary: 8,548 USD
Estimated Weekly Salary: 1,973 USD per week
Estimated Hourly Salary: 49 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

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 Claims Service Consultant job salary compared to average salary in Singapore.
Comparison shows that a person working as Insurance Claims Service Consultant in Singapore earns on average:
2.15 times the average salary (or 215% of average salary).

Is Insurance Claims Service Consultant a well paid job?

Yes, our data show that Insurance Claims Service Consultant is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Insurance Claims Service Consultant?

High salary for Insurance Claims Service Consultant would be somewhere between 225,880 SGD and 297,750 SGD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Insurance Claims Service Consultant 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: 205,345 SGD
Estimated Monthly Salary: 17,112 SGD
Estimated Weekly Salary: 3,949 SGD per week
Estimated Hourly Salary: 99 SGD per hour
By working as Insurance Claims Service Consultant a person can save up to 5,860 USD per month or 70,319 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 Claims Service Consultant

Malaysia is 27,022 USDdown arrow 74%
Details on Insurance Claims Service Consultant salary in Malaysia
Indonesia is 16,167 USDdown arrow 84%
Details on Insurance Claims Service Consultant salary in Indonesia
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 Singapore

(1,400,313 SGD per year, pre-tax.)
(1,169,524 SGD per year, pre-tax.)
(1,129,281 SGD per year, pre-tax.)
(1,093,464 SGD per year, pre-tax.)
(1,091,467 SGD per year, pre-tax.)
(1,068,249 SGD per year, pre-tax.)
(1,067,130 SGD per year, pre-tax.)
(1,066,002 SGD per year, pre-tax.)
(1,063,823 SGD per year, pre-tax.)
(1,063,241 SGD per year, pre-tax.)

Data as of 2025

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Salary information displayed on this site is for reference exclusively.
The salary estimates on this website are meant for reference use exclusively. We collect salary data from multiple providers, but do not ensure complete precision. Users must independently confirm salaries before making financial commitments. Salary fluctuations occur due to company policies, negotiation skills, and experience levels. We deny any guarantee regarding the validity of the listed salary data. By using this site, you acknowledge that salary data is not definitive.
This website displays salary figures solely for informational purposes. While we endeavor for correctness, we cannot ensure the precision of all figures. Users should verify salary details with official sources before making career-related decisions. Salary amounts can fluctuate based on multiple factors, such as company size, negotiation tactics, and industry demand. We assume no liability for misinterpretations in the pay estimates provided. By accessing optisalary.com, you accept that salary data is subject to change.