| View Related Salaries: |
What does an Insurance Policy Processing Clerk earn?
Insurance Policy Processing Clerks typically earn an average salary of £33,100 in the UK. Their role involves overseeing and administering a range of tasks related to handling insurance policies. This includes verifying customer information, processing customer payments, responding to customer inquiries, and monitoring policy renewals. They may also be required to generate reports, update policies and ensure compliance with insurance regulations.
How to earn more as an Insurance Policy Processing Clerk
"To become an insurance policy processing clerk, you will need a college qualification in a related area, such as insurance, business administration, or data analysis. Alternatively, you could take a degree apprenticeship. To increase your earning potential, you could look for roles in a specialist field, such as insurance underwriting, or take on a managerial role within the insurance industry. You could also consider working as a freelance policy processor, or setting up your own business. The highest paid insurance policy processing clerks earn more than £66,600 a year".
Min: £19,500.00 Max: £66,554.00
Average Insurance Policy Processing Clerk Salary in UK : £33,114.63
Read about Insurance Policy Processing Clerk salaries, related jobs and salary information across the UK
Insurance Policy Processing Clerk Salary data from the ONS
Minimum
Median
Maximum
Age Group
Recommended Insurance Policy Processing Clerk Jobs in UK
Average Salary for Insurance Policy Processing Clerk compared to similar jobs
Related Jobs
View salaries for similar jobs.
| Job Title | UK Average |
|---|---|
| Insurance Administrator Salary in UK | £23,806.08 |
| Insurance Claims Clerk Salary in UK | £24,317.99 |
| Appraisers and Assessors of Real Estate Salary in UK | £27,500.00 |
| Claims Examiner Salary in UK | £27,531.36 |
| Insurance Claims and Policy Processing Clerk Salary in UK | £28,272.23 |
| Retail Loss Prevention Specialist Salary in UK | £28,618.54 |
| Insurance Officer Salary in UK | £28,868.54 |
| Insurance Sales Agent Salary in UK | £29,018.71 |
| Loss Prevention Manager Salary in UK | £31,685.94 |
| Insurance Investigator Salary in UK | £32,841.63 |
| Insurance sales manager Salary in UK | £33,761.95 |
| Insurance Broker Salary in UK | £35,274.27 |
| Insurance Appraiser Salary in UK | £37,081.30 |
| Underwriter Salary in UK | £39,929.66 |
| Insurance Adjuster Salary in UK | £40,687.93 |
Salary by Region
Compare Insurance Policy Processing Clerk salaries across different regions
| Region | Salary |
|---|---|
| Scotland | £34,123.64 |
| Wales | £43,319.64 |
| Northern Ireland | £25,826.50 |
| East Midlands | £21,536.92 |
| Eastern | £29,616.00 |
| London | £41,578.36 |
| North East | £34,926.74 |
| North West | £28,804.31 |
| South East | £36,169.05 |
| South West | £25,336.65 |
| West Midlands | £22,088.55 |
| Yorkshire and the Humber | £23,732.47 |
Annual Job Ads by Region
Understanding the Average Insurance Policy Processing Clerk Salary in the UK
As an Insurance Policy Processing Clerk in the UK, it is important to have a clear understanding of the average salary in the industry. To get an idea of the average salary for professionals in the Banking and Insurance sector, you can refer to average Banking and Insurance salaries. This will give you a benchmark to assess your earning potential and negotiate a fair compensation package.
Salary Expectations for Newly Qualified Insurance Policy Processing Clerk
If you are a newly qualified Insurance Policy Processing Clerk, it is crucial to have realistic salary expectations. To get an idea of the salary range for this position, you can explore the current job market through a job search. This will help you gauge the demand for your skills and qualifications, and give you an understanding of the salary range you can expect as a beginner in the field.
Salaries for Experienced Insurance Policy Processing Clerk
As you gain experience and expertise in your role as an Insurance Policy Processing Clerk, your earning potential is likely to increase. Salaries for experienced professionals in this field can vary depending on factors such as years of experience, additional qualifications, and the size and reputation of the company. It is advisable to research industry trends and consult with recruitment agencies to get an accurate understanding of the salary range for experienced Insurance Policy Processing Clerks.
Creating an Insurance Policy Processing Clerk CV
When applying for a job as an Insurance Policy Processing Clerk, having a well-crafted CV is essential. To create an effective CV that highlights your skills and experience in this field, you can use a CV template specifically designed for Insurance Policy Processing Clerks. This will ensure that your CV stands out to potential employers and increases your chances of securing an interview.
Career Development Opportunities for Insurance Policy Processing Clerk
As an Insurance Policy Processing Clerk, there are various career development opportunities available to you. To explore different paths and gain insights into how to progress in your career, you can refer to career advice specifically tailored for Insurance Policy Processing Clerks. This will provide you with valuable information on the skills, qualifications, and experience required to advance in your profession.
Comprehensive Compensation for Insurance Policy Processing Clerk
Aside from the basic salary, there may be additional components to your compensation package as an Insurance Policy Processing Clerk. These can include benefits such as health insurance, pension schemes, and performance-based bonuses. It is important to consider the comprehensive compensation package when evaluating job offers and negotiating your salary.
Strategies for Increasing Your Salary as an Insurance Policy Processing Clerk
If you are looking to increase your salary as an Insurance Policy Processing Clerk, there are several strategies you can employ. These can include acquiring additional qualifications or certifications, gaining specialized knowledge in a specific area of insurance, and taking on additional responsibilities within your role. By continuously improving your skills and demonstrating your value to the company, you can position yourself for salary advancements and promotions.
Professional Development and Earnings
Investing in your professional development can have a direct impact on your earnings as an Insurance Policy Processing Clerk. By attending industry conferences, participating in training programs, and staying updated on the latest trends and regulations in the insurance industry, you can enhance your skills and knowledge, making yourself more valuable to employers. This can lead to higher earning potential and career advancement opportunities.
Capitalising on Extra Hours and Duties
As an Insurance Policy Processing Clerk, there may be opportunities to earn additional income by taking on extra hours or duties. Some companies offer overtime pay or bonuses for working beyond regular hours or taking on additional responsibilities. By being proactive and demonstrating your willingness to go the extra mile, you can potentially increase your earnings and showcase your dedication to your role.
