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Insurance Payment Processor Jobs in Chicago, IL (NOW HIRING)

HARRIS & HARRIS LTD

Payment Processor

Chicago, IL · On-site

The Payment Processor is responsible for submitting highly accurate payments to our clients on a ... Medical, Dental, and Vision insurances from premium providers * 401K with matching * Company paid ...

Kelly Services

Payment Processor

Westmont, IL

$16.80/hr

What's a typical day as Payment Processor? You'll be: * Preparing transactions for deposit by ... term life, whole life, accident insurance, critical illness, a legal plan, and short-term ...

Adecco

Lockbox Payment Processor

Westmont, IL · On-site

$16.80/hr

Do you have excellent payment processing experience and want to join a top financial institution ... life insurance, short-term disability, additional voluntary benefits, EAP program, commuter ...

Adecco

Lockbox Payment Processor

Westmont, IL

$16.80/hr

Do you have excellent payment processing experience and want to join a top financial institution ... life insurance, short-term disability, additional voluntary benefits, EAP program, commuter ...

Loomis

Coin Processor

Burr Ridge, IL · On-site

$19.50/hr

As a Coin Processor, you work with your team to maintain inventory in our cash vaults for our ... Insurance • 401(k) Plan • Basic Life Insurance Plan • Voluntary Life Insurance Plan • ...

Loomis Armored US, LLC

Coin Processor

Burr Ridge, IL · On-site

$19.50/hr

As a Coin Processor, you work with your team to maintain inventory in our cash vaults for our ... Insurance · Vision Insurance · 401(k) Plan · Basic Life Insurance Plan · Voluntary Life ...

Loomis Armored US, LLC

Coin Processor

Burr Ridge, IL · On-site

$19.50/hr

As a Coin Processor, you work with your team to maintain inventory in our cash vaults for our ... Insurance · Vision Insurance · 401(k) Plan · Basic Life Insurance Plan · Voluntary Life ...

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All JobsInsurance Payment Processor JobsInsurance Payment Processor Jobs in Chicago, IL

Insurance Payment Processor information

See Chicago, IL salary details

$10

$18

$26

How much do insurance payment processor jobs pay per hour?

As of Aug 11, 2026, the average hourly pay for insurance payment processor in Chicago, IL is $18.53, according to ZipRecruiter salary data. Most workers in this role earn between $15.87 and $20.29 per hour, depending on experience, location, and employer.

How to become an insurance payment processor?

To become an insurance payment processor, candidates typically need a high school diploma or equivalent, strong attention to detail, and familiarity with billing software and insurance claim processes. Some employers may prefer candidates with experience in healthcare administration or accounting, and certifications such as Certified Billing and Coding Specialist (CBCS) can enhance job prospects.

What is the difference between Insurance Payment Processor vs Insurance Claims Adjuster?

AspectInsurance Payment ProcessorInsurance Claims Adjuster
CredentialsBasic insurance or payment processing certificationsState licensing, adjuster certifications
Work EnvironmentOffice, call centers, online platformsOn-site inspections, fieldwork, office
Employer & IndustryInsurance companies, third-party payment firmsInsurance carriers, independent agencies
Primary FocusProcessing payments, verifying billing infoAssessing claims, determining coverage & payouts

While both roles operate within the insurance industry, Insurance Payment Processors focus on handling payments and billing, whereas Insurance Claims Adjusters evaluate claims to determine coverage and settlement amounts. Understanding these differences helps job seekers identify the right career path based on their skills and interests.

What does an insurance payment processor do?

An Insurance Payment Processor is responsible for handling, verifying, and processing payments related to insurance claims or premiums. They review payment information, ensure that transactions are accurate, and update records accordingly. Their work helps ensure that policyholders and providers receive payments on time and that financial records are properly maintained. They may also communicate with clients, insurance agents, and financial institutions to resolve payment issues.

What are the key skills and qualifications needed to thrive as an insurance payment processor, and why are they important?

To thrive as an Insurance Payment Processor, you need strong mathematical skills, attention to detail, and a solid understanding of insurance billing and claims processes, often supported by a high school diploma or equivalent. Familiarity with claims management software, accounting systems, and electronic payment platforms is typically required. Excellent organizational abilities, problem-solving skills, and clear communication help individuals excel in this role. These skills and qualities ensure accurate payment processing, minimize errors, and support efficient financial operations within insurance organizations.

What are some common challenges faced by insurance payment processors, and how can they be managed?

Insurance Payment Processors often encounter challenges such as handling high volumes of transactions, resolving discrepancies between payments and claims, and keeping up with frequently changing billing codes and regulations. Maintaining strong attention to detail and effective time management can help manage these demands. Additionally, collaborating closely with billing specialists and insurance representatives is crucial for resolving issues quickly and ensuring smooth workflow within the team.
What are popular job titles related to Insurance Payment Processor jobs in Chicago, IL? For Insurance Payment Processor jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Insurance Payment Processor jobs in Chicago, IL look for? The top searched job categories for Insurance Payment Processor jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Insurance Payment Processor jobs? Cities near Chicago, IL with the most Insurance Payment Processor job openings:
Insurance Payment Processor jobs near you
Infographic showing various Insurance Payment Processor job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 74% Full Time, 20% Part Time, and 5% Contract. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $38,550 per year, or $18.5 per hour.

Payment Processor

HARRIS & HARRIS LTD

Chicago, IL • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 3 days ago

Job description

Harris & Harris has over 50 years of experience in customer care and revenue recovery, specializing in the utilities, government, and healthcare markets. We’re looking for friendly, professional, and motivated Payment Processor to join our Accounting and Finance team. If you’re looking for a company that embraces the principles of respect, compassion and trust, please apply with us today!

The Payment Processor is responsible for submitting highly accurate payments to our clients on a daily basis, and other related duties.

Schedule: 8:00am to 5:00pm Monday through Friday

Pay: $19.00 - 20.00/hour

Location: must be local to Chicago and able to come into the Downtown Chicago office on W. Jackson Blvd on a daily basis

Benefits:

At Harris & Harris, we truly care about each employee’s health, wellness, financial stability, and education. We are proud to offer each employee the following benefits:

  • Medical, Dental, and Vision insurances from premium providers
  • 401K with matching
  • Company paid Accident and Disability Insurance, Long Term Disability Insurance, EAP, and Travel Assistance
  • Tuition Reimbursement
  • Paid Time Off and Wellness Days
  • Additional benefits such as identity theft protection, flexible spending accounts, pre-tax commuter benefits, and more.

DAY TO DAY

  • Process 1st and 3rd party collections payments
  • Process in house payments and payments received by mail
  • Post payments in a timely manner and with complete accuracy
  • NSF Processing
  • Returning payments and notating accounts
  • Data entry
  • Copying and filing, as needed, on a daily basis

WHAT YOU MUST POSSESS

Must Have:

  • Exemplary skills with Microsoft Excel and Word
  • Experience in payment processing, data analysis, or related role
  • Strong analytical, data-driven skills with the ability to collect, organize, analyze and disseminate significant amounts of information with attention to detail and accuracy
  • Ability to see through data and analyze it to find conclusions
  • Excellent written and verbal communication skills with an ability to present findings or translate data into an understandable document or presentation
  • Strong problem-solving skills
  • Experience with CUBS system a plus

WHY HARRIS & HARRIS?

Harris & Harris is a premier, full-service revenue recovery firm headquartered and founded in Chicago, IL. Founded in 1968, we have been in business for more than 50 years, and we specialize in the utilities, government, and healthcare markets.

The family business Sam Harris started is now a firm of more than 500 hundred employees including collections professionals and customer care representatives who employ the latest technology and best ethical practices to help businesses recover revenue and provide world class customer service.

We take pride in knowing what it takes to turn a call from "average" to "excellent." We have been delighting clients and customers for decades thanks to our outstanding employees. They make the difference every day, shift, and call and transform challenges into victories.

At Harris & Harris, we’re proud to be an organization where everyone is welcome and can be their authentic selves at work. We’re passionate about celebrating the differences that make each of us unique. Our culture focuses on our employees and we look for opportunities to recognize and celebrate together. We are an organization that cares about our people. From monthly activities, bonuses and contests, to competitive wages and benefits, we foster an environment where we employees feel valued.

We also are an organization that believes in the power of giving back. Our internal cross functional committee, Harris Cares, guides our philanthropic activities. We have partnered with organizations such as One Warm Coat, Greater Chicago Food Depository, American Cancer Society, Bright Pink, The Heat and Warmth Fund (THAW), and Operation Stars and Stripes. Most recently we have partnered with local schools and charitable organizations to give back to our communities including the American Heart Association, Habitat for Humanity, A Just Harvest, and R. Nathaniel Dett Elementary School.

At Harris & Harris, everyone is important, and one person can make a difference for their colleagues, for our clients, and for our company. We look forward to hearing from you!

Harris & Harris is an equal opportunity employer. Applicants will not be discriminated against based on race, color, creed, sex, sexual orientation, gender identity or expression, age, religion, national origin, disability, ancestry, marital status, veteran status, medical condition or any protected category prohibited by local, state or federal laws.