Position
Salary

How much does a Claims Analyst make?

The average salary for a Claims Analyst is $67,040 per year in the US.

A Claims Analyst evaluates insurance claims and decides how much money to pay out. Their job is important for making sure both the company and the customer are treated fairly. On average, a Claims Analyst can expect to make around $67,040 a year. This is a solid income for those in this field.

To understand the salary better, let's look at the numbers. The data shows that:

  • The lowest 10% earn about $23,685 a year.
  • The next 20% earn between $33,896 and $44,106.
  • About 36% earn between $44,106 and $64,527.
  • The top 10% earn more than $115,579 a year.

This range means that with experience and skill, a Claims Analyst can see good growth in their earnings. As they move up in their career, they can expect higher pay.

View Claims Analyst jobs nearby

What are the highest paying cities for a Claims Analyst?

Claims Analysts can expect to find some of the best pay in San Diego, California. This city offers an average salary of nearly $119,000. Following closely behind are Boston, Massachusetts, and Los Angeles, California. Each of these locations provides competitive salaries for Claims Analysts. San Diego offers the highest, but Boston and Los Angeles also provide strong compensation packages. These cities make excellent choices for those seeking top pay in their field.
Graph displaying highest paying cities salaries for Claims Analyst jobs, highlighting San Diego, CA with the highest at $118,683 and Buffalo, NY with the lowest at $73,654.
  1. San Diego, CA
    Average Salary: $118,683
    In San Diego, claimants professionals work in a dynamic environment, analyzing insurance claims and ensuring smooth processes. Opportunities exist in top companies like AAA and Farmers Insurance, known for their strong focus on customer service and innovation.
    Find Claims Analyst jobs in San Diego, CA


  2. Boston, MA
    Average Salary: $89,770
    Boston offers a bustling scene for claims professionals, working with major players such as Liberty Mutual and State Street. The city’s rich history of insurance makes it an ideal place for those looking to grow in a field with deep roots and future opportunities.
    Find Claims Analyst jobs in Boston, MA


  3. Los Angeles, CA
    Average Salary: $86,792
    In the City of Angels, claims analysts are pivotal in handling a vast number of cases. With giants like Allstate and Farmers Insurance, professionals here gain valuable experience in a competitive and fast-paced industry.
    Find Claims Analyst jobs in Los Angeles, CA


  4. Austin, TX
    Average Salary: $83,671
    Austin provides a vibrant setting for claims professionals, with employers such as UnitedHealth Group and IBM. The city’s tech-forward mindset and growing insurance sector create a stimulating work environment.
    Find Claims Analyst jobs in Austin, TX


  5. Atlanta, GA
    Average Salary: $83,192
    Atlanta, a key insurance hub, offers claims analysts a chance to work with firms like Aflac and Allstate. The city’s economic growth and diverse industries provide a dynamic backdrop for career development.
    Find Claims Analyst jobs in Atlanta, GA


  6. Philadelphia, PA
    Average Salary: $80,950
    Philadelphia presents a historic backdrop for claims professionals, where they can work with companies like Vanguard and Independence Blue Cross. The city’s insurance roots offer a solid foundation for those seeking stability and growth.
    Find Claims Analyst jobs in Philadelphia, PA


  7. San Antonio, TX
    Average Salary: $79,754
    San Antonio provides a growing market for claims analysts, with notable employers like USAA and AT&T. The city’s expanding economy and strong insurance industry create a supportive environment for career advancement.
    Find Claims Analyst jobs in San Antonio, TX


  8. Chicago, IL
    Average Salary: $78,446
    Chicago, known for its insurance giants, offers claims analysts opportunities with companies such as Allstate and CNA Financial. The city’s extensive history in the insurance sector provides a rich ground for professional development.
    Find Claims Analyst jobs in Chicago, IL


  9. Hartford, CT
    Average Salary: $77,784
    Hartford, the insurance capital, is home to claims analysts working for companies like The Hartford and Aetna. The city’s deep-rooted insurance industry offers a unique opportunity to be part of a vibrant and historic field.
    Find Claims Analyst jobs in Hartford, CT


  10. Buffalo, NY
    Average Salary: $73,654
    Buffalo presents a stable environment for claims professionals, with employers like HSBC and GEICO. The city’s strong insurance sector and lower cost of living provide a balanced professional landscape.
    Find Claims Analyst jobs in Buffalo, NY

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

High-paying opportunities await claims analysts at The Hartford, where salaries average around $136,000 annually. Ryder System, Inc. and AIG Claims, Inc. also offer competitive salaries, with averages of about $95,000 and $82,183 respectively. These companies provide excellent benefits and growth potential for professionals in the claims analysis field.
Graph displaying best paying company salaries for Claims Analyst jobs, highlighting The Hartford with the highest at $136,000 and AIG Claims, Inc. with the lowest at $82,183.
  1. The Hartford
    Average Salary: $136,000
    The Hartford offers competitive salaries for Claims Analysts. They provide opportunities to work in various locations, including Hartford, Connecticut, and other major cities. The role involves handling claims, ensuring accurate processing, and maintaining customer satisfaction. They value teamwork and professional growth.


  2. Ryder System, Inc.
    Average Salary: $95,000
    Ryder System, Inc. provides a good salary for Claims Analysts. They operate across multiple states in the United States. Job responsibilities include assessing claims, communicating with clients, and ensuring timely resolution. The company emphasizes a collaborative work environment and offers benefits to support professional development.


  3. AIG Claims, Inc.
    Average Salary: $82,183
    AIG Claims, Inc. offers attractive compensation for Claims Analysts. They have offices in major cities across the country. The role requires evaluating claims, working with clients, and ensuring accurate claims processing. AIG values innovation and teamwork, offering a supportive work culture.

How to earn more as a Claims Analyst?

A Claims Analyst can increase their earning potential through various avenues. Gaining experience and expertise in specific insurance types or industries can lead to higher-paying positions. Mastery of complex claims processes can make an analyst more valuable to employers. Effective communication skills enhance the ability to negotiate better compensation packages.

Seeking advanced certifications and continuing education can also elevate a Claims Analyst's salary. Staying updated on industry trends and technologies ensures competitiveness. Networking with industry professionals can open up opportunities for higher-paying roles. Below are key factors for increasing earnings as a Claims Analyst:

  1. Gain Experience: Accumulate experience in specific insurance sectors to boost earning potential.
  2. Specialize: Develop expertise in complex claims processes to become more valuable.
  3. Enhance Communication: Improve skills in negotiation to secure better pay.
  4. Earn Certifications: Pursue advanced certifications to increase marketability.
  5. Network: Build connections with industry professionals to discover higher-paying opportunities.

Currently 136 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
136 Job Openings