Insurance Policy Change Clerk Salary in Colorado - State Average

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Average Salary for Insurance Policy Change Clerk in Colorado - State Average

The average salary of a(n) Insurance Policy Change Clerk in Colorado - State Average is $41,414.

The average hourly rate of a(n) Insurance Policy Change Clerk in Colorado - State Average is $19.91.

The average bonus of a(n) Insurance Policy Change Clerk in Colorado - State Average is $654.00.

Job Description:

Compiles data and records changes in insurance policies. Determines premium, commission adjustments, and new reserve requirements, using computer software, rate books, statistical tables, and knowledge of specific types of policies. Transcribes data to record or enters data into computer for use in preparing documents and adjusting accounts. Corresponds with insured or agent to obtain supplemental information or to explain how change would not conform to company regulations or state Laws. Examines letter from insured or agent, original application, and other company documents to determine how to effect proposed changes, such as change in beneficiary or method of payment, increase in principal sum or type of insurance. May write abstract or enter data into computer to prepare new policy or rider to existing policy. May underwrite changes when increase in amount of risk occurs. Less

Compiles data and records changes in insurance policies. Determines premium, commission adjustments, and new reserve requirements, using computer software, rate books, statistical tables, and knowledge of specific types of policies. Transcribes data to record or enters data into computer for... More

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