Average Insurance Claims and Policy Processing Clerks Salary in Birmingham, AL
In Birmingham, AL, Insurance Claims and Policy Processing Clerks earn an average annual salary of $48,070. This figure is slightly below the national average of $51,940, a common trend in areas with a lower cost of living. Local economic factors and industry demand play a significant role in shaping compensation for these essential roles.
Executive Summary
- Average Salary: $48,070 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $64,790.
- Outlook: The local job market for Insurance Claims and Policy Processing Clerks in Birmingham, AL, comprises approximately 630 professionals. With a Location Quotient of 0.81, the concentration of these roles is slightly below the national average, suggesting a stable but not overly saturated market. The presence of 1.208 jobs per 1,000 workers indicates a consistent demand for these skilled individuals within the region.
Salary Overview
The average Insurance Claims and Policy Processing Clerks in Birmingham, AL earns-7.5%below the national average.
$23.1
$924
$4,006
Insurance Claims and Policy Processing Clerks Salary Trends (2020-2024)
While specific historical data for this role in Birmingham is not provided, it is reasonable to assume a general upward trend in salaries over the past four years, mirroring national patterns. Economic growth, inflation, and evolving industry needs typically drive modest annual increases in compensation for administrative and processing roles.
Insurance Claims and Policy Processing Clerks Salary Distribution in Birmingham, AL
Career progression for Insurance Claims and Policy Processing Clerks in Birmingham, AL, typically involves a salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior clerks with extensive experience and specialized knowledge can command salaries significantly higher than the average. These percentile gaps clearly signify opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,620 | $17.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $36,053 | $17.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $46,520 | $22.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $60,088 | $28.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $64,790 | $31.1 |
Detailed Insurance Claims and Policy Processing Clerks Market Analysis
Relocation Context
Nominal Salary
$48,070
Gross Pay
Real Wage (Purchasing Power)
$48,070
Adjusted for COL (100)
Birmingham, AL, presents a neutral cost of living, benchmarked at 100, which is precisely the national average. This means the nominal salary of $48,070 for Insurance Claims and Policy Processing Clerks holds its purchasing power directly in line with the national average. Consequently, the take-home pay in Birmingham offers a comparable lifestyle to that of the average American city.
Job Market Context
630
Total Jobs
1.208
Per 1K Jobs
0.81
Location Quotient
Birmingham, AL has 0.81x the national average concentration of Insurance Claims and Policy Processing Clerks jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
The Location Quotient of 0.81 for Insurance Claims and Policy Processing Clerks in Birmingham, AL, indicates that the job market is slightly less concentrated than the national average. This suggests that while the demand is present, the field may not be as competitive as in larger metropolitan hubs, potentially offering good opportunities for qualified candidates seeking employment in this sector.
Nearby Job Markets
Nearby Cities for Insurance Claims and Policy Processing Clerks
| City | Salary | Dist. |
|---|---|---|
| Tuscaloosa, AL Insurance Claims and Policy Processing Clerks Salary | $37,420↓ 22% | 47 mi |
| Northeast Alabama nonmetropolitan area Insurance Claims and Policy Processing Clerks Salary | $36,820↓ 23% | 50 mi |
Comparing salaries near Birmingham, AL
Hiring Insurance Claims and Policy Processing Clerkss?
Frequently Asked Questions
How much does a Insurance Claims and Policy Processing Clerks make in Birmingham, AL?
The median annual salary for a Insurance Claims and Policy Processing Clerks in Birmingham, AL is $48,070. This typically ranges from $35,620 for entry-level positions to $64,790 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Birmingham, AL is 7.5% lower than the national median of $51,940.
Is Birmingham, AL a lucrative place for Insurance Claims and Policy Processing Clerks?
No, not exceptionally lucrative compared to the national average.The average salary of $48,070 is below the national average of $51,940, although the cost of living is on par with the national average.
Is Birmingham, AL a good place to live for Insurance Claims and Policy Processing Clerks?
The Cost of Living Index in Birmingham, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Birmingham, AL?
Some top paying nearby cities include Tuscaloosa, AL ($37,420) and Northeast Alabama nonmetropolitan area.
How does the cost of living in Birmingham affect the salary?
With a Cost of Living Index of 100, Birmingham's cost of living matches the national average. Therefore, the $48,070 salary has the same purchasing power as the national average salary in a typical U.S. city.
What does a Location Quotient of 0.81 mean for job seekers?
A Location Quotient of 0.81 suggests that Insurance Claims and Policy Processing Clerk roles are slightly less common in Birmingham than the national average. This could mean fewer job openings but potentially less competition for those available.
How many Insurance Claims and Policy Processing Clerks are there in Birmingham?
There are approximately 630 Insurance Claims and Policy Processing Clerks working in Birmingham, AL.
Are there many job opportunities for Insurance Claims and Policy Processing Clerks in Birmingham?
With 1.208 jobs per 1,000 workers, there is a steady presence of these roles in Birmingham, indicating consistent demand within the local insurance and administrative sectors.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 630 employees in the Birmingham, AL area with a job density of 1.208 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Insurance Claims and Policy Processing Clerks Salaries by State
Top Jobs in Birmingham, AL
- All Occupations Salary in Birmingham, AL
- Office and Administrative Support Occupations Salary in Birmingham, AL
- Sales and Related Occupations Salary in Birmingham, AL
- Transportation and Material Moving Occupations Salary in Birmingham, AL
- Healthcare Practitioners and Technical Occupations Salary in Birmingham, AL
- Food Preparation and Serving Related Occupations Salary in Birmingham, AL
- Production Occupations Salary in Birmingham, AL
- Business and Financial Operations Occupations Salary in Birmingham, AL
- Management Occupations Salary in Birmingham, AL
- Educational Instruction and Library Occupations Salary in Birmingham, AL
- Browse All Jobs in Birmingham, AL →
Semantic Salary Analysis for Insurance Claims and Policy Processing Clerks • Data source: BLS OEWS 2024 •Jobs in Birmingham, AL