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Insurance Policy Processing Clerk

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AVG. SALARY

$49,080

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EDUCATION

High school (GED) +

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JOB OUTLOOK

Decreasing

Money & Outlook

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North Dakota Earnings

Average Annual Wage

$49,080

Entry Annual Wage

$35,530

Experienced Annual Wage

$66,730

Average Hourly Wage

$23.60

Entry Hourly Wage

$17.08

Experienced Hourly Wage

$32.08

Median Hourly Wage

$22.32

North Dakota Regional Earnings

North Dakota Metropolitan Areas Wages

Region Average Entry Level Experienced
Bismarck MSA $47,630 or $22.90/hr $38,020 or $18.28/hr $61,700 or $29.66/hr
Fargo ND-MN MSA $50,210 or $24.14/hr $38,830 or $18.67/hr $69,960 or $33.64/hr

North Dakota Geographical Areas Wages

Region Average Entry Level Experienced
East North Dakota nonmetropolitan area $48,330 or $23.24/hr $31,060 or $14.93/hr $86,640 or $41.66/hr
West North Dakota nonmetropolitan area $48,270 or $23.21/hr $35,530 or $17.08/hr $66,570 or $32.01/hr

North Dakota's Employment and Outlook (State-wide)

Outlook Decreasing
Growth rate is estimated to be -8%
Job Openings 78 estimated annual job openings
Employment 853 were employed in this occupation
Industries Large concentrations of this occupation are found in these industries
  • Insurance carriers (NAICS524100) (51.29%)
  • Agencies, brokerages, and other insurance related activities (NAICS524200) (24.24%)
  • General Medical and Surgical Hospitals (NAICS622100) (7.85%)
  • Offices of physicians (NAICS621100) (6.56%)
  • Nondepository credit intermediation (NAICS522200) (2.93%)

North Dakota's Regional Employment and Outlook

Regions with stable outlook (0 to 20% growth rate expected)

Region Employment Projected Growth Rate Annual Openings (growth) Annual Openings (replacement) Annual Openings
Region 4 25 4% 3 3

Regions with decreasing outlook (negative growth rate expected)

Region Employment Projected Growth Rate Annual Openings (growth) Annual Openings (replacement) Annual Openings
Region 1 14 -7% 2 2
Region 2 64 -12% -1 6 5
Region 5 419 -9% -4 41 37
Region 6 14 -7% 2 2
Region 7 270 -9% -2 27 25

National Earnings

The earnings information below is for the occupational group Insurance Claims and Policy Processing Clerks. The occupation Insurance Policy Processing Clerk is part of this group.

Average Annual Wage

$47,840

Average Hourly Wage

$23.00

Average Annual Range

$33,710 to $64,350

Note: variations in salaries reflect differences in size of firm, location, level of education and professional credentials.

Where do these numbers come from?


National Employment and Outlook

Outlook decreasing
  The employment change from 2021 to 2031 is estimated to be -2%.
(The National average for all occupations is +5%)
Job Openings very small number
  A total of 2460 average annual openings are expected for this occupation between 2021 and 2031.
(The National Average for all occupations is 1,757 openings)
Employment medium occupation
  This was a medium sized occupation in the United States, employing 247,800 workers in 2021.
(The National average for all occupations is 142,207 workers)
Growth Declining growth
  Productivity-enhancing technology is expected to limit demand for insurance claims and policy processing clerks. 
Non Traditional Occupation This is a non-traditional occupation for men in 2022.
Industries Large concentrations of this occupation are found in these industries
  • Finance and insurance (NAICS520000) (85.1%)
  • Insurance carriers and related activities (NAICS524000) (84.3%)
  • Insurance carriers (NAICS524100) (47.3%)
  • Agencies, brokerages, and other insurance related activities (NAICS524200) (37%)
  • Insurance agencies and brokerages (NAICS524210) (24.7%)
  • Direct insurance (except life, health, and medical) carriers (NAICS524120) (21.8%)
  • Direct health and medical insurance carriers (NAICS524114) (16.9%)
  • Other insurance related activities (NAICS524290) (12.3%)

Contact

  • Email Support
  • 1-800-GO-TO-XAP (1-800-468-6927)
    From outside the U.S., please call +1 (424) 750-3900
  • North Dakota Career Resource Network
    ndcrn@nd.gov | (701) 328-9733

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