SalaryNode

Average Insurance Claims and Policy Processing Clerks Salary in Orlando-Kissimmee-Sanford, FL

In the Orlando-Kissimmee-Sanford, FL metropolitan area, Insurance Claims and Policy Processing Clerks earn an average annual salary of $49,850. This figure is slightly below the national average of $51,940, suggesting that while the demand is present, local market dynamics and potentially other contributing factors influence compensation within this specific region.

Executive Summary

  • Average Salary: $49,850 per year.
  • Growth Trend: Salaries have shifted 8.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $74,300.
  • Outlook: The Orlando-Kissimmee-Sanford area supports a local workforce of 2,110 Insurance Claims and Policy Processing Clerks. With a Location Quotient of 1.02, the concentration of these roles is nearly on par with the national average, indicating a stable and consistent demand for these professionals within the region's insurance sector.
2024 Market Data

Salary Overview

$49,850

The average Insurance Claims and Policy Processing Clerks in Orlando-Kissimmee-Sanford, FL earns-4.0%below the national average.

BreakdownBased on 40h/week
Hourly

$24

Weekly

$959

Monthly

$4,154

Insurance Claims and Policy Processing Clerks Salary Distribution in Orlando-Kissimmee-Sanford, FL

Career progression for Insurance Claims and Policy Processing Clerks typically involves a salary increase with experience. Entry-level positions might start at the lower end of the pay scale, while seasoned professionals with extensive knowledge and specialized skills can command significantly higher salaries, reflecting the value of their expertise and tenure.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,300$17.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$37,388$18
ManagerOversees team, compliance, and project delivery.50% (Median)$46,340$22.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$62,313$30
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$74,300$35.7

Detailed Insurance Claims and Policy Processing Clerks Market Analysis

Relocation Context

Nominal Salary

$49,850

Gross Pay

Real Wage (Purchasing Power)

$49,850

Adjusted for COL (100)

The average annual salary of $49,850 in Orlando-Kissimmee-Sanford, FL, aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of an Insurance Claims and Policy Processing Clerk's salary in this area is equivalent to the national average, offering a stable financial footing for residents.

Job Market Context

2,110

Total Jobs

1.511

Per 1K Jobs

1.02

Location Quotient

Above Average

With a location quotient of 1.02, Orlando-Kissimmee-Sanford, FL has a slightly higher-than-average concentration of Insurance Claims and Policy Processing Clerks roles compared to the national norm.

With a Location Quotient of 1.02, the Orlando-Kissimmee-Sanford, FL, job market for Insurance Claims and Policy Processing Clerks is very close to the national average in terms of concentration. This suggests a balanced market where the number of available jobs closely matches the national distribution, indicating steady opportunities without extreme competition or scarcity.

Nearby Job Markets

Hiring Insurance Claims and Policy Processing Clerkss?

Frequently Asked Questions

How much does a Insurance Claims and Policy Processing Clerks make in Orlando-Kissimmee-Sanford, FL?

The median annual salary for a Insurance Claims and Policy Processing Clerks in Orlando-Kissimmee-Sanford, FL is $49,850. This typically ranges from $36,300 for entry-level positions to $74,300 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Orlando-Kissimmee-Sanford, FL is 4.0% lower than the national median of $51,940.

Is Orlando-Kissimmee-Sanford, FL a lucrative place for Insurance Claims and Policy Processing Clerks?

No, not significantly more lucrative than the national average.The average salary of $49,850 is slightly below the national average of $51,940, though the cost of living is exactly at the national average, resulting in comparable purchasing power.

Is Orlando-Kissimmee-Sanford, FL a good place to live for Insurance Claims and Policy Processing Clerks?

The Cost of Living Index in Orlando-Kissimmee-Sanford, FL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Orlando-Kissimmee-Sanford, FL?

Some top paying nearby cities include Deltona-Daytona Beach-Ormond Beach, FL ($42,070) and Lakeland-Winter Haven, FL.

What is the average salary for an Insurance Claims and Policy Processing Clerk in Orlando?

The average annual salary for an Insurance Claims and Policy Processing Clerk in the Orlando-Kissimmee-Sanford, FL area is $49,850.

How does the Orlando salary compare to the national average?

The average salary in Orlando ($49,850) is slightly lower than the national average ($51,940) for this role.

What is the Cost of Living in Orlando-Kissimmee-Sanford, FL?

The Cost of Living Index for Orlando-Kissimmee-Sanford, FL, is 100, which is exactly the national average.

How concentrated are Insurance Claims and Policy Processing Clerk jobs in Orlando?

The concentration of these jobs in Orlando, indicated by a Location Quotient of 1.02, is very close to the national average, suggesting a stable job market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,110 employees in the Orlando-Kissimmee-Sanford, FL area with a job density of 1.511 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.