Average Insurance Claims Consultant with Insurance Skills Salary in Australia
The average annual salary of Insurance Claims Consultant is $58,247.00
The starting salary of Insurance Claims Consultant is between $42,024.00 and $49,440.00 whereas the maximum salary range is between $78,000.00 and $89,700.00.
Minimum Annual Pay | Maximum Annual Pay |
---|---|
$42,024.00 | $89,700.00 |
The average hourly pay of Insurance Claims Consultant is $28.20.
The starting hourly rate is between $23.00 and $27.00 for Insurance Claims Consultant whereas the maximum hourly wage is between $38.15 and $44.00.
Minimum Hourly Pay | Maximum Hourly Pay |
---|---|
$23.00 | $44.00 |
Insurance Claims Consultant Salary Comparison by Gender
This pie chart demonstrates the gender share for Insurance Claims Consultant. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.
As shown in the chart, female employees are involved significantly more as Insurance Claims Consultant compared to male. Their involvement is 56% while of male is only 44%.
Salary Distribution Based on Years of Experience
The line graph shows Insurance Claims Consultant salary in Australia on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.
For Insurance Claims Consultant working less than a year in a company, you notice that their annual salary starts around $58,167.85.
As the years of experience reaches 1 to 4, there is a decrease of $246.14 which would decline total wage to $57,921.71.
Once the experience reaches 5-9 years Insurance Claims Consultant salary would increase again to a total of $58,367.85, adding $446.14 from the last salary increase.
After reaching the 10-19 year experience in their career, another increase in salary will be added to a total of $71,155.00.
Prominent Skills Affecting Insurance Claims Consultant Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Insurance Claims Consultant's salary. It clearly highlights the skills needed for a post of Insurance Claims Consultant when hired by an employer.
The most vital skill expected of Insurance Claims Consultant is Case Management which impacts the most than the rest of the skills indicated with a staggering 15% comparatively. Therefore, one’s salary would greatly depend on their skills in Case Management.
The skill least likely to affect one’s pay would be Claim Handling with 1%. It can be said that Claim Handling skill will unlikely impact the salary.
Compensation Statistics Based on Experience Levels
This combination of a line and the bar graph shows how the experience affects the salary of Insurance Claims Consultant. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.
As shown in the trends, lowest earning is $54,752.00 whereas the highest earning is $69,314.00 which clearly shows the salary increases with the level of expertise.
Late Career person will earn the maximum salary of $69,314.00 at 19%. So to summerize, Entry Level earns 6% less than the average salary, Early Career earns 1% less than the average salary, Mid Carrer earns 1% less than the average salary, Late Career earns 19% more than the average salary.
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