Average Insurance Claims and Policy Processing Clerks Salary in Phoenix-Mesa-Chandler, AZ
In the Phoenix-Mesa-Chandler, AZ metropolitan area, Insurance Claims and Policy Processing Clerks earn an average annual salary of $49,710. This figure is slightly below the national average of $51,940, suggesting localized market dynamics and potentially a different cost-of-labor landscape influence compensation in this region. Understanding these local pay scales is crucial for both employers and job seekers navigating the Arizona insurance sector.
Executive Summary
- Average Salary: $49,710 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $59,230.
- Outlook: The Phoenix-Mesa-Chandler, AZ area boasts a substantial workforce of 6,300 Insurance Claims and Policy Processing Clerks. With a Location Quotient of 1.81, this indicates a significantly higher concentration of these roles compared to the national average, signaling robust demand and a well-established presence for this profession within the local economy.
Salary Overview
The average Insurance Claims and Policy Processing Clerks in Phoenix-Mesa-Chandler, AZ earns-4.3%below the national average.
$23.9
$956
$4,143
Insurance Claims and Policy Processing Clerks Salary Trends (2020-2024)
While specific historical data for Phoenix-Mesa-Chandler, AZ is not provided, it is generally observed that salaries for Insurance Claims and Policy Processing Clerks nationwide have seen consistent growth over the past four years, driven by inflation, increased demand for insurance services, and evolving industry needs. It is reasonable to assume that this trend has also positively impacted compensation within the Phoenix-Mesa-Chandler, AZ market, albeit potentially at varying rates.
Insurance Claims and Policy Processing Clerks Salary Distribution in Phoenix-Mesa-Chandler, AZ
Career progression for Insurance Claims and Policy Processing Clerks typically involves a noticeable salary increase with experience. Entry-level positions may start at the lower end of the pay scale, while senior clerks with specialized knowledge and extensive experience can command significantly higher salaries, often reflecting in the upper percentiles of the salary distribution. These percentile gaps underscore the value of accumulated expertise and tenure in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $40,230 | $19.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $37,283 | $17.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $49,290 | $23.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $62,138 | $29.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $59,230 | $28.5 |
Detailed Insurance Claims and Policy Processing Clerks Market Analysis
Relocation Context
Nominal Salary
$49,710
Gross Pay
Real Wage (Purchasing Power)
$49,710
Adjusted for COL (100)
The average annual salary of $49,710 for Insurance Claims and Policy Processing Clerks in Phoenix-Mesa-Chandler, AZ aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of this salary is comparable to the national average, offering a stable financial foundation for residents without the immediate pressure of a higher cost of living impacting their disposable income.
Job Market Context
6,300
Total Jobs
2.688
Per 1K Jobs
1.81
Location Quotient
Phoenix-Mesa-Chandler, AZ has 1.8x the national concentration of Insurance Claims and Policy Processing Clerks jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
A Location Quotient of 1.81 for Insurance Claims and Policy Processing Clerks in Phoenix-Mesa-Chandler, AZ signifies that this occupation is more than 80% more concentrated in this area than the national average. This high concentration suggests a mature and potentially competitive job market, where employers may have a larger pool of qualified candidates, but also indicates a strong and persistent demand for these specialized skills within the region.
Nearby Job Markets
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Frequently Asked Questions
How much does a Insurance Claims and Policy Processing Clerks make in Phoenix-Mesa-Chandler, AZ?
The median annual salary for a Insurance Claims and Policy Processing Clerks in Phoenix-Mesa-Chandler, AZ is $49,710. This typically ranges from $40,230 for entry-level positions to $59,230 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Phoenix-Mesa-Chandler, AZ is 4.3% lower than the national median of $51,940.
Is Phoenix-Mesa-Chandler, AZ a lucrative place for Insurance Claims and Policy Processing Clerks?
Yes, with caveats.While the average salary is slightly below the national average, the strong concentration of jobs and a cost of living on par with the national average make it a stable and viable market for these professionals.
Is Phoenix-Mesa-Chandler, AZ a good place to live for Insurance Claims and Policy Processing Clerks?
The Cost of Living Index in Phoenix-Mesa-Chandler, AZ is 100. While higher than average, this often correlates with higher wages.
How does the Phoenix-Mesa-Chandler, AZ salary compare to the national average?
The average salary for Insurance Claims and Policy Processing Clerks in Phoenix-Mesa-Chandler, AZ is $49,710, which is approximately 4.3% lower than the national average of $51,940.
What is the significance of the Location Quotient (LQ) of 1.81?
An LQ of 1.81 indicates that Insurance Claims and Policy Processing Clerk roles are significantly more prevalent in the Phoenix-Mesa-Chandler, AZ area compared to the national average, suggesting a higher demand and concentration of these jobs.
How does the cost of living in Phoenix-Mesa-Chandler, AZ affect the salary?
With a Cost of Living Index of 100, Phoenix-Mesa-Chandler, AZ is at the national average. This means the $49,710 salary has purchasing power equivalent to the national average, making it relatively stable.
What is the total number of Insurance Claims and Policy Processing Clerk jobs in the area?
There are approximately 6,300 Insurance Claims and Policy Processing Clerks employed within the Phoenix-Mesa-Chandler, AZ metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,300 employees in the Phoenix-Mesa-Chandler, AZ area with a job density of 2.688 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Insurance Claims and Policy Processing Clerks • Data source: BLS OEWS 2024 •Jobs in Phoenix-Mesa-Chandler, AZ