Insurance Policy Processing Clerk

salary graphic

AVG. SALARY

$50,630

education graphic

EDUCATION

High school (GED) +

job outlook graphic

JOB OUTLOOK

Decreasing

Money & Outlook

:

Go

North Dakota Earnings

Average Annual Wage

$50,630

Entry Annual Wage

$39,290

Experienced Annual Wage

$66,410

Average Hourly Wage

$24.34

Entry Hourly Wage

$18.89

Experienced Hourly Wage

$31.93

Median Hourly Wage

$23.26

North Dakota Regional Earnings

North Dakota Metropolitan Areas Wages

Region Average Entry Level Experienced
Bismarck MSA $52,760 or $25.36/hr $42,060 or $20.22/hr $66,830 or $32.13/hr
Fargo ND-MN MSA $49,530 or $23.81/hr $39,290 or $18.89/hr $64,700 or $31.11/hr

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

Outlook Decreasing
Growth rate is estimated to be -12%
Job Openings 40 estimated annual job openings
Employment 600 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 decreasing outlook (negative growth rate expected)

Region Employment Projected Growth Rate Annual Openings (growth) Annual Openings (replacement) Annual Openings
Region 2 25 -12% 2 2
Region 5 418 -12% -5 33 28
Region 7 108 -10% -1 9 8

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

$52,920

Average Hourly Wage

$25.44

Average Annual Range

$37,560 to $73,590

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 2024 to 2034 is estimated to be -4%.
(The National average for all occupations is +3%)
Job Openings very small number
  A total of 2030 average annual openings are expected for this occupation between 2024 and 2034.
(The National Average for all occupations is 1,696 openings)
Employment medium occupation
  This was a medium sized occupation in the United States, employing 256,700 workers in 2024.
(The National average for all occupations is 152,838 workers)
Growth Declining growth
  The availability of online tools, which allow financial customers to perform many tasks themselves, is expected to reduce demand for insurance claims and policy processing clerks. 
Non Traditional Occupation This is a non-traditional occupation for men in 2025.
Industries Large concentrations of this occupation are found in these industries
  • Finance and insurance (NAICS520000) (80%)
  • Insurance carriers and related activities (NAICS524000) (79.3%)
  • Insurance carriers (NAICS524100) (41%)
  • Agencies, brokerages, and other insurance related activities (NAICS524200) (38.3%)
  • Insurance agencies and brokerages (NAICS524210) (26.1%)
  • Direct insurance (except life, health, and medical) carriers (NAICS524120) (22%)
  • Direct health and medical insurance carriers (NAICS524114) (12.8%)
  • Other insurance related activities (NAICS524290) (12.2%)