Average Insurance Claims and Policy Processing Clerks Salary in Seattle-Tacoma-Bellevue, WA
Insurance Claims and Policy Processing Clerks in the Seattle-Tacoma-Bellevue, WA area earn an impressive average annual salary of $63,770. This figure significantly surpasses the national average of $51,940, indicating a premium for these roles within the region. The local economic landscape and demand for specialized administrative support likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $63,770 per year.
- Growth Trend: Salaries have shifted 18.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $98,240.
- Outlook: With a local workforce of 2,290 individuals in this role, the Seattle-Tacoma-Bellevue area demonstrates a substantial presence of Insurance Claims and Policy Processing Clerks. The Location Quotient of 0.74 suggests that while the concentration is slightly below the national average, the absolute number of jobs indicates a stable and active market for these professionals.
Salary Overview
The average Insurance Claims and Policy Processing Clerks in Seattle-Tacoma-Bellevue, WA earns+22.8%above the national average.
$30.7
$1,226
$5,314
Insurance Claims and Policy Processing Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume that salaries for Insurance Claims and Policy Processing Clerks in Seattle-Tacoma-Bellevue have experienced steady growth over the past four years, mirroring national trends of increasing wages driven by inflation, demand, and evolving industry needs. This upward trajectory likely reflects a commitment to retaining skilled administrative talent in a competitive market.
Insurance Claims and Policy Processing Clerks Salary Distribution in Seattle-Tacoma-Bellevue, WA
Career progression for Insurance Claims and Policy Processing Clerks typically involves a salary scale that increases with experience. Entry-level positions will command lower salaries, while seasoned professionals with extensive knowledge of claims, policy nuances, and regulatory compliance can expect to earn significantly more. The gap between entry-level and senior-level salaries represents a clear path for career advancement and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,710 | $17.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $47,828 | $23 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $59,820 | $28.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $79,713 | $38.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $98,240 | $47.2 |
Detailed Insurance Claims and Policy Processing Clerks Market Analysis
Relocation Context
Nominal Salary
$63,770
Gross Pay
Real Wage (Purchasing Power)
$63,770
Adjusted for COL (100)
The average annual salary of $63,770 in Seattle-Tacoma-Bellevue aligns perfectly with the national Cost of Living Index of 100. This means that the nominal salary offers purchasing power equivalent to the national average, suggesting that while the pay is higher than the national average, the cost of living does not inflate it further, providing stable financial footing for residents.
Job Market Context
2,290
Total Jobs
1.101
Per 1K Jobs
0.74
Location Quotient
Seattle-Tacoma-Bellevue, WA has 0.74x 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.
A Location Quotient of 0.74 indicates that Insurance Claims and Policy Processing Clerks are present in the Seattle-Tacoma-Bellevue area at a rate slightly lower than the national average. This suggests that while the profession is established, the market may not be oversaturated, potentially offering good opportunities for skilled individuals without extreme competition.
Nearby Job Markets
Nearby Cities for Insurance Claims and Policy Processing Clerks
| City | Salary | Dist. |
|---|---|---|
| Western Washington nonmetropolitan area Insurance Claims and Policy Processing Clerks Salary | $48,080↓ 25% | 42 mi |
| Olympia-Lacey-Tumwater, WA Insurance Claims and Policy Processing Clerks Salary | $63,010↓ 1% | 47 mi |
Comparing salaries near Seattle-Tacoma-Bellevue, WA
Hiring Insurance Claims and Policy Processing Clerkss?
Frequently Asked Questions
How much does a Insurance Claims and Policy Processing Clerks make in Seattle-Tacoma-Bellevue, WA?
The median annual salary for a Insurance Claims and Policy Processing Clerks in Seattle-Tacoma-Bellevue, WA is $63,770. This typically ranges from $36,710 for entry-level positions to $98,240 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Seattle-Tacoma-Bellevue, WA is 22.8% higher than the national median of $51,940.
Is Seattle-Tacoma-Bellevue, WA a lucrative place for Insurance Claims and Policy Processing Clerks?
Yes, it offers above-average compensation.The average salary of $63,770 is substantially higher than the national average, and the cost of living is on par with the national average, making it a financially advantageous location.
Is Seattle-Tacoma-Bellevue, WA a good place to live for Insurance Claims and Policy Processing Clerks?
The Cost of Living Index in Seattle-Tacoma-Bellevue, WA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Seattle-Tacoma-Bellevue, WA?
Some top paying nearby cities include Western Washington nonmetropolitan area ($48,080) and Olympia-Lacey-Tumwater, WA.
How does the local workforce size impact job opportunities?
A local workforce of 2,290 indicates a significant number of positions, suggesting a consistent demand for Insurance Claims and Policy Processing Clerks in the Seattle-Tacoma-Bellevue area.
What does a Location Quotient of 0.74 mean for job seekers?
A Location Quotient below 1.0 means the occupation is less concentrated than the national average, which could imply fewer but potentially more specialized or in-demand roles.
How does the cost of living affect the perceived value of the salary?
With a Cost of Living Index of 100, the $63,770 salary holds its value effectively, providing purchasing power equivalent to the national average, despite the higher nominal wage.
What is the typical career path for an Insurance Claims and Policy Processing Clerk?
Career paths often involve starting in entry-level processing roles and advancing to more complex claims handling, policy analysis, or supervisory positions, with corresponding salary increases.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,290 employees in the Seattle-Tacoma-Bellevue, WA area with a job density of 1.101 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 Seattle-Tacoma-Bellevue, WA
- All Occupations Salary in Seattle-Tacoma-Bellevue, WA
- Office and Administrative Support Occupations Salary in Seattle-Tacoma-Bellevue, WA
- Business and Financial Operations Occupations Salary in Seattle-Tacoma-Bellevue, WA
- Sales and Related Occupations Salary in Seattle-Tacoma-Bellevue, WA
- Food Preparation and Serving Related Occupations Salary in Seattle-Tacoma-Bellevue, WA
- Computer and Mathematical Occupations Salary in Seattle-Tacoma-Bellevue, WA
- Transportation and Material Moving Occupations Salary in Seattle-Tacoma-Bellevue, WA
- Management Occupations Salary in Seattle-Tacoma-Bellevue, WA
- Healthcare Practitioners and Technical Occupations Salary in Seattle-Tacoma-Bellevue, WA
- Educational Instruction and Library Occupations Salary in Seattle-Tacoma-Bellevue, WA
- Browse All Jobs in Seattle-Tacoma-Bellevue, WA →
Semantic Salary Analysis for Insurance Claims and Policy Processing Clerks • Data source: BLS OEWS 2024 •Jobs in Seattle-Tacoma-Bellevue, WA