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Insurance Claims and Policy Processing Clerks Salary in New Mexico

How much does a Insurance Claims and Policy Processing Clerks make in New Mexico?

Last updated: 2024 data from the Bureau of Labor Statistics

$38,910
Median Annual Salary
$43,970
Mean Salary
$38,910
Median Salary
$18.71
Hourly Rate
790 people work as Insurance Claims and Policy Processing Clerks in New Mexico

About This Job: Insurance Claims and Policy Processing Clerks

Process new insurance policies, modifications to existing policies, and claims forms. Obtain information from policyholders to verify the accuracy and completeness of information on claims forms, applications and related documents, and company records. Update existing policies and company records to reflect changes requested by policyholders and insurance company representatives.

Top Skills

Reading Comprehension
3.5
Time Management
3.5
Speaking
3.38
Active Listening
3.25
Critical Thinking
3.25

Key Knowledge Areas

Customer and Personal Service
4.22
Administrative
3.88
English Language
3.59
Computers and Electronics
3.0
Mathematics
2.91
Typical Education: High School Diploma or Equivalent (54.9% of workers)

Source: O*NET OnLine, U.S. Department of Labor

Salary Range: Insurance Claims and Policy Processing Clerks in New Mexico

Salaries for Insurance Claims and Policy Processing Clerks in New Mexico range from $35,130 at the 10th percentile (entry level) to $55,270 at the 90th percentile (experienced). The middle 50% earn between $36,870 and $46,310.

Median $38,910
P10: $35,130 P25: $36,870 P75: $46,310 P90: $55,270
10th
$35,130
25th
$36,870
Median
$38,910
75th
$46,310
90th
$55,270
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $35,130 $16.89 $2,927
25th Percentile $36,870 $17.73 $3,072
Median (50th) $38,910 $18.71 $3,242
75th Percentile $46,310 $22.26 $3,859
90th Percentile (Experienced) $55,270 $26.57 $4,605

Note: The mean (average) salary of $43,970 differs from the median because salary distributions are typically skewed by high earners.

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What does this salary really buy? See Insurance Claims and Policy Processing Clerks salary in New Mexico adjusted for cost of living →

Insurance Claims and Policy Processing Clerks Salary by State

Compare Insurance Claims and Policy Processing Clerks pay across states — sorted by highest median salary.

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Frequently Asked Questions

How much does a Insurance Claims and Policy Processing Clerks make in New Mexico?
The median annual salary for a Insurance Claims and Policy Processing Clerks in New Mexico is $38,910 as of 2024. The average (mean) salary is $43,970.
What is the salary range for a Insurance Claims and Policy Processing Clerks in New Mexico?
Salaries for Insurance Claims and Policy Processing Clerks in New Mexico range from $35,130 at the 10th percentile to $55,270 at the 90th percentile. The middle 50%% earn between $36,870 and $46,310.
What is the starting salary for a Insurance Claims and Policy Processing Clerks in New Mexico?
Entry-level Insurance Claims and Policy Processing Clerks positions in New Mexico typically start around $35,130 (10th percentile). With some experience, salaries rise to $36,870 (25th percentile).
How many people work as Insurance Claims and Policy Processing Clerks in New Mexico?
According to 2024 BLS data, approximately 790 people are employed as Insurance Claims and Policy Processing Clerks in New Mexico.
What is the hourly rate for a Insurance Claims and Policy Processing Clerks in New Mexico?
Based on a standard 2,080-hour work year, the median hourly rate for a Insurance Claims and Policy Processing Clerks in New Mexico is approximately $18.71 per hour.

Data Source & Methodology

Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2024 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.

Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.

Our Methodology · Data Sources · Source: BLS OEWS