The salary statistics of insurance claims and policy processing clerks in the industry sector of retail trade are shown in Table 1. In Table 2 we compare insurance claims and policy processing clerk salaries in different industries within the retail trade sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $27,140 |
| 25th Percentile Wage | $31,690 |
| 50th Percentile Wage | $40,140 |
| 75th Percentile Wage | $49,650 |
| 90th Percentile Wage | $59,210 |
Table 1 shows the average annual salary for insurance claims and policy processing clerks in the industry sector of retail trade. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) insurance claims and policy processing clerks is $59,210. The median annual salary (50th percentile) is $40,140. The average annual salary for the bottom 10 percent paid insurance claims and policy processing clerks is $27,140.
The table and chart below show the trend of the median salary of insurance claims and policy processing clerks in the industry sector of retail trade from 2012 to 2018.
| Year | Median Salary | Yearly Growth | 6-Year Growth |
|---|---|---|---|
| 2018 | $40,140 | -0.65% | 23.29% |
| 2017 | $40,400 | -2.52% | - |
| 2016 | $41,420 | 10.36% | - |
| 2015 | $37,130 | 10.21% | - |
| 2014 | $33,340 | 1.05% | - |
| 2013 | $32,990 | 6.67% | - |
| 2012 | $30,790 | - | - |
Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2018 and published in April 2019 [1].