A person working as a Claims Administrator in South Africa will on average earn $5276 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $5,276.00 |
| Weekly salary | $101.46 |
| Daily salary | $14.45 |
| Hourly salary | $1.81 |
This means claims administrator salary is below average!
Job Industry: insurance
Description: A claims administrator is responsible for managing and overseeing the process of insurance claims within an organization. They play a crucial role in ensuring that claims are processed accurately, efficiently, and in compliance with company policies and industry regulations. The occupation involves reviewing and assessing claim applications, verifying policy coverage, investigating claims, and negotiating settlements with claimants. Claims administrators also collaborate with various stakeholders, including policyholders, insurance agents, legal professionals, and healthcare providers, to gather necessary documentation and information. They must possess strong analytical skills to evaluate claims, attention to detail to ensure accuracy, and excellent communication skills to effectively communicate with all parties involved. Additionally, claims administrators may be required to stay updated with changes in insurance laws and regulations to ensure compliance.
Tagged with: Claims Administrator, Insurance Claims, Claims Processing, Claims Management, Insurance Industry, Compliance