Insurance Claims and Policy Processing Clerks Salary in Maryland
SOC 43-9041 · Maryland · BLS OEWS May 2024
The median salary for Insurance Claims and Policy Processing Clerks in Maryland is $53,186 per year ($25.57/hr). This is 9.8% higher than the national median of $48,443. The middle 50% earn between $39,042 and $61,630 annually. Top earners at the 90th percentile reach $76,627.
Wage Percentiles: Maryland
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $15.00 | $31,200 | -15.4% |
| P25 | $18.77 | $39,042 | -6.2% |
| P50MEDIAN | $25.57 | $53,186 | +9.8% |
| P75 | $29.63 | $61,630 | +3.6% |
| P90 | $36.84 | $76,627 | +4.8% |
Market Context Signal
The overall labor market contracted slightly in February: 5.0M separations vs 4.8M hires. Hiring rate hit 3.1%, the lowest since April 2020. The "Great Stay" persists with quits at 1.9% for 8 consecutive months.
Frequently Asked Questions
What is the median insurance claims and policy processing clerks salary in Maryland?
The median (P50) annual salary for Insurance Claims and Policy Processing Clerks in Maryland is approximately $53,186, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 9.8% higher than the national median of $48,443.
What is the salary range for entry-level insurance claims and policy processing clerks in Maryland?
Entry-level Insurance Claims and Policy Processing Clerks (10th percentile) in Maryland earn approximately $31,200 per year. The 25th percentile is $39,042. Top earners (90th percentile) reach $76,627.
How does Maryland compare to the national average for insurance claims and policy processing clerks?
Maryland pays 9.8% higher than the national average. The national P50 is $48,443 vs $53,186 in Maryland. Based on BLS national data adjusted for regional cost factors.
Insurance Claims and Policy Processing Clerks Salary by Location
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