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Insurance Benefits Claims Processor Salary
in Chicago, Illinois

$48,636 (USD)

Average Salary

$23/hr

Average Hourly

$1,250

Average Bonus

Last updated: May 26, 2019

Salary Recap

The average pay for an Insurance Benefits Claims Processor is $48,636 a year and $23 an hour in Chicago, Illinois, United States. The average salary range for an Insurance Benefits Claims Processor is between $36,168 and $59,028. On average, a Bachelor's Degree is the highest level of education for an Insurance Benefits Claims Processor. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Chicago, Illinois.

Average Salary Chart

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Job Summary

Description:
  • Settles benefits claims and processes claims for payment.
  • Assesses and answers inquiries regarding claim adjudication, including method of payment, co-pay or deductible amounts, and/or reason for denial.
  • Requests all information from internal or outside sources to ascertain completeness and validity of claim including coordination of benefits information.
Insurance Benefits Claims Processor Job Prevalence in Chicago, Illinois, United States

Job family: Claims Adjusters, Examiners, and Investigators

Job family population: 282,030

Estimated population of Insurance Benefits Claims Processor jobs: 40,347

Rate of error: 1.3%

Salary Potential

Estimated salary in 2024:
$56,382
5 Year Change:
16 %

Education

Skills

About Chicago, Illinois

Chicago Cost of Living Score:

Description: Chicago ( (listen), locally also ), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,705,994 (2018), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States. Located on the shores of freshwater Lake Michigan, Chicago was incorporated...

Insurance Benefits Claims Processor Job Listings for Chicago, Illinois

Benefits Coordinator - Insurance - Oak Park
May 24
Chicago, IL, USA
Orange Wing Consulting
... Process). * Enroll new hires on a monthly basis & assist with Billing, Invoicing, Claims & Policyholder Servicing. Requirements of the Benefits Coordinator - Insurance * Excellent understanding of ...
VP, Claims Strategy and Operations
Mar 6
Chicago, United States
Combined Insurance
Proven track record leading business process engineering/analysis in insurance, claims, or ... Below are several of the many benefits we offer our employees: Health insurance * Dental insurance
Insurance Agency Benefits Specialist
Apr 30
Oak Brook, IL, USA
Strategic Benefits Advisors
Processing enrollment and terminations with multiple carriers * Preparation of COBRA or ... Handling resolution of all client claims issues - simple or complex * Support client with ...
Senior Liability Claims Adjuster
Mar 8
Schaumburg, IL, USA
Roanoke Insurance Group
Roanoke Insurance Group Inc., specializes in insurance and surety solutions for the trade and ... Benefits of Working at Roanoke Roanoke knows you have passions outside of work. You have family ...
Claim Adjuster (Seeking Internal Claims Talent) - Core Team
May 14
Chicago, IL, USA
Chubb
... eligibility and process claims including payment, denial and status updates. · Contact ... Below are several of the many benefits we offer our employees: * Health insurance * Dental ...
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