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Salary

How much does a Claims Analyst make?

The average salary for a Claims Analyst is $62,632 per year in the US.

A Claims Analyst plays an important role in the insurance industry. These professionals review claims and decide on payouts. They work to ensure that insurance companies follow proper procedures. On average, a Claims Analyst earns about $62,632 a year. This figure varies based on experience, skills, and location.

New Claims Analysts may start with salaries around $30,500. As they gain experience, salaries can increase. Experienced Claims Analysts may earn over $127,000. Several factors influence these numbers. They include the type of insurance, company size, and industry trends. Location also plays a big part, with larger cities often offering higher salaries.

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What are the highest paying cities for a Claims Analyst?

Philadelphia, PA, stands out as the top city for Claims Analysts, offering an average salary of $85,088. This location presents a strong opportunity for professionals in this field. Similarly, Boston, MA, provides a competitive average salary of $82,609, making it another attractive choice for job seekers. Cities like Los Angeles, CA, and San Diego, CA, also offer competitive salaries, with averages of $81,389 and $78,596, respectively.
Graph displaying highest paying cities salaries for Claims Analyst jobs, highlighting Philadelphia, PA with the highest at $85,088 and Kansas City, MO with the lowest at $72,100.
  1. Philadelphia, PA
    Average Salary: $85,088
    In Philadelphia, working as an analyst involves supporting major insurance firms. Companies like Nationwide and Independence Blue Cross provide solid opportunities. The city's vibrant atmosphere makes it a great place for both work and personal life.
    Find Claims Analyst jobs in Philadelphia, PA


  2. Boston, MA
    Average Salary: $82,609
    Boston offers a dynamic work environment for analysts. Major players like Liberty Mutual and Blue Cross Blue Shield need skilled professionals. The city's rich history and innovation create a unique backdrop for a rewarding career.
    Find Claims Analyst jobs in Boston, MA


  3. Los Angeles, CA
    Average Salary: $81,389
    Los Angeles boasts a diverse job market for analysts. Working with companies like Farmers Insurance and Blue Shield of California can be very rewarding. The city's entertainment industry adds a lively flair to your professional journey.
    Find Claims Analyst jobs in Los Angeles, CA


  4. San Diego, CA
    Average Salary: $78,596
    In San Diego, analysts find opportunities with companies like Blue Shield of California. The city's beautiful beaches and mild weather make it an attractive place to live and work. Expect a healthy work-life balance in this vibrant community.
    Find Claims Analyst jobs in San Diego, CA


  5. Chicago, IL
    Average Salary: $77,858
    Chicago is a hub for insurance firms, offering great positions for analysts. Working with Allstate or UnitedHealthcare provides excellent experience. The city's cultural richness and business opportunities blend perfectly for a thriving career.
    Find Claims Analyst jobs in Chicago, IL


  6. Atlanta, GA
    Average Salary: $77,029
    Atlanta is a bustling city for insurance analysts. Companies like Aflac and WellCare present exciting career paths. The city's rapid growth and welcoming environment make it an ideal place for professional development.
    Find Claims Analyst jobs in Atlanta, GA


  7. Raleigh, NC
    Average Salary: $76,793
    Raleigh offers a stable environment for analysts. Working with firms like Blue Cross and Blue Shield of North Carolina can be very fulfilling. The city's family-friendly atmosphere makes it easy to balance work and personal life.
    Find Claims Analyst jobs in Raleigh, NC


  8. Buffalo, NY
    Average Salary: $75,938
    Buffalo provides a solid job market for analysts. Companies like Blue Cross Blue Shield of Western New York offer great opportunities. The city's strong community spirit and low cost of living add to the appeal of working here.
    Find Claims Analyst jobs in Buffalo, NY


  9. Austin, TX
    Average Salary: $74,228
    Austin is a vibrant city for analysts, with companies like Blue Cross Blue Shield of Texas. The city's tech-driven economy and lively social scene make it a fantastic place for career growth and personal enjoyment.
    Find Claims Analyst jobs in Austin, TX


  10. Kansas City, MO
    Average Salary: $72,100
    Kansas City offers a supportive environment for analysts. Firms like Blue Cross and Blue Shield of Kansas City provide valuable opportunities. The city's midwestern charm and friendly atmosphere create a perfect balance for a rewarding career.
    Find Claims Analyst jobs in Kansas City, MO

What are the best companies a Claims Analyst can work for?

Sun Life offers one of the best paying roles for Claims Analysts with an average salary of $72,927. Intact and Berkshire Hathaway Specialty Insurance also provide competitive salaries, around $70,258 and $69,167 respectively. Job seekers can find promising opportunities at TEKsystems and Conduent, with average salaries around $68,043 and $53,280.
Graph displaying best paying company salaries for Claims Analyst jobs, highlighting Sun Life with the highest at $72,927 and Conduent with the lowest at $53,280.
  1. Sun Life
    Average Salary: $72,927
    Sun Life offers exciting roles for Claims Analysts. They manage claims, investigate policies, and ensure accurate payments. Sun Life operates in Canada, the United States, and Asia. Their focus on customer care provides a stable and rewarding work environment.


  2. Intact
    Average Salary: $70,258
    Intact is a top choice for Claims Analysts. They handle claims processing, investigate cases, and collaborate with clients. Intact has offices across Canada, making it a great option for those in the region. They emphasize professional growth and customer service.


  3. Berkshire Hathaway Specialty Insurance
    Average Salary: $69,167
    Berkshire Hathaway Specialty Insurance offers competitive salaries for Claims Analysts. They work on assessing claims, managing policies, and ensuring accurate claims processing. This company operates globally, providing varied and interesting work experiences.


  4. TEKsystems
    Average Salary: $68,043
    TEKsystems provides Claims Analysts with opportunities to handle claims processing and policy investigations. They offer a positive work environment that values employee development. TEKsystems has locations across the United States, providing various job opportunities.


  5. Conduent
    Average Salary: $53,280
    Conduent offers roles for Claims Analysts to manage claims and ensure accurate processing. They focus on customer satisfaction and have multiple locations in the United States. Conduent values teamwork and professional development for its employees.

How to earn more as a Claims Analyst?

Being a Claims Analyst offers a variety of ways to boost your income. Those who excel in this role often find multiple avenues to increase their earnings. By focusing on key areas, you can enhance your skills and potentially earn more. Below are essential factors that can help you achieve higher pay in this profession.

First and foremost, gaining experience plays a crucial role. The more years you spend in the field, the more valuable your expertise becomes. Experienced Claims Analysts usually handle more complex cases, leading to better-paying opportunities. Building a solid track record of successfully managing claims can also make you more attractive to employers. Certification in relevant areas such as insurance or risk management can further boost your credibility.

Here are some factors to consider for increasing your income:

  • Education: Obtain higher degrees or certifications in insurance or related fields.
  • Experience: Gain more years in the field to handle complex cases.
  • Skills: Develop strong analytical and negotiation skills.
  • Specialization: Focus on specific types of claims to become an expert.
  • Networking: Build connections with industry professionals to learn about new opportunities.

Currently 122 Claims Analyst job openings, nationwide.

How's the job market for a Claims Analyst in the US?

Learn what a Claims Analyst does, how to become one, and understand the job outlook. Get simple steps to start your career as a Claims Analyst today.
Position
Overview
Claims Analyst
122 Job Openings