Position
Salary

How much does a Claims Manager make?

The average salary for a Claims Manager is $111,733 per year in the US.

Becoming a Claims Manager involves a role that demands considerable expertise and responsibility. Claims Managers typically earn an average yearly salary of $111,733. This figure represents the midpoint in a wide range of salaries, showing the potential for significant earnings as experience and skills increase.

The salary range for Claims Managers varies widely, with the lowest 10% earning around $48,000 per year and the highest 10% earning up to $181,730 per year. This broad spectrum reflects the differences in company size, industry, geographic location, and individual performance. A Claims Manager may start at a lower salary and see a steady increase as they gain experience and take on more complex responsibilities. Additionally, factors such as performance bonuses, benefits, and opportunities for career advancement can further enhance the overall compensation package.

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What are the highest paying cities for a Claims Manager?

Cities like Hartford, CT, and Philadelphia, PA, offer high salaries for Claims Managers. Workers in Hartford can expect an average salary of $136,150, while those in Philadelphia can earn around $135,774 annually. Opportunities in these cities can lead to lucrative career growth and financial stability. In addition to Hartford and Philadelphia, Colorado Springs, CO, and Phoenix, AZ, also provide strong earning potential for Claims Managers. Professionals in these areas can look forward to earning approximately $135,656 and $129,464, respectively. Such competitive salaries make these locations attractive for those seeking advancement in their careers.
Graph displaying highest paying cities salaries for Claims Manager jobs, highlighting Hartford, CT with the highest at $136,150 and Los Angeles, CA with the lowest at $117,460.
  1. Hartford, CT
    Average Salary: $136,150
    In Hartford, handling claims means working in a hub of insurance companies. Many top firms like Aetna and Travelers call this city home. Managers here play a key role in guiding claims through complex processes.
    Find Claims Manager jobs in Hartford, CT


  2. Philadelphia, PA
    Average Salary: $135,774
    Philadelphia offers a rich environment for claims management. With companies like Lincoln Financial Group and Independence Blue Cross, managers here handle a variety of claims. They use their skills to ensure smooth operations.
    Find Claims Manager jobs in Philadelphia, PA


  3. Colorado Springs, CO
    Average Salary: $135,656
    Colorado Springs is known for its strong insurance sector. With companies like Pikes Peak Mutual Insurance, claims managers here work closely with policyholders. They ensure claims are processed accurately and efficiently.
    Find Claims Manager jobs in Colorado Springs, CO


  4. Phoenix, AZ
    Average Salary: $129,464
    In Phoenix, claims management involves working in a fast-paced environment. Many large insurance companies operate here. Managers here focus on resolving claims quickly while maintaining high standards.
    Find Claims Manager jobs in Phoenix, AZ


  5. Chicago, IL
    Average Salary: $127,926
    Chicago's insurance industry is vast. With companies like Allstate and UnitedHealth Group, claims managers here manage large volumes of claims. They coordinate with teams to ensure timely resolutions.
    Find Claims Manager jobs in Chicago, IL


  6. San Diego, CA
    Average Salary: $123,881
    San Diego's claims managers work in a vibrant insurance market. Companies such as Farmers Insurance and Kaiser Permanente rely on them. They handle claims with a focus on customer service and efficiency.
    Find Claims Manager jobs in San Diego, CA


  7. Boston, MA
    Average Salary: $122,559
    Boston is a key city for insurance. With firms like Liberty Mutual and Harvard Pilgrim, claims managers here navigate complex policies. They ensure claims are processed accurately and fairly.
    Find Claims Manager jobs in Boston, MA


  8. Sacramento, CA
    Average Salary: $121,259
    Sacramento's insurance landscape includes companies like Blue Shield of California. Claims managers here focus on resolving claims efficiently. They work to meet the needs of policyholders in a supportive environment.
    Find Claims Manager jobs in Sacramento, CA


  9. San Antonio, TX
    Average Salary: $120,301
    In San Antonio, claims managers work in a dynamic insurance industry. Companies like USAA and Amegy Bank Insurance Services need their expertise. They ensure claims are handled smoothly and professionally.
    Find Claims Manager jobs in San Antonio, TX


  10. Los Angeles, CA
    Average Salary: $117,460
    Los Angeles offers a diverse claims management role. With firms such as Allstate and State Farm, managers here handle many types of claims. They ensure policies are applied correctly and claims are resolved promptly.
    Find Claims Manager jobs in Los Angeles, CA

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

Job seekers aiming for a Claims Manager role can look to top-paying companies for attractive compensation. ICW Group offers an average salary of $156,351, making it one of the most lucrative options. Liberty Mutual Insurance and USAA also provide excellent pay packages, with averages of $150,361 and $143,507, respectively. These companies not only offer strong financial incentives but also provide a robust professional environment. Chubb Insurance, Hub International, and CVS Health follow closely with competitive salaries, ranging from $141,717 to $130,364. Such opportunities highlight the value and demand for skilled Claims Managers.
Graph displaying best paying company salaries for Claims Manager jobs, highlighting ICW Group with the highest at $156,351 and Sun Life with the lowest at $87,250.
  1. ICW Group
    Average Salary: $156,351
    At ICW Group, a Claims Manager oversees claims handling across multiple regions. They ensure efficient claim processing and customer satisfaction. This company operates in several locations, including New York, Chicago, and San Francisco.


  2. Liberty Mutual Insurance
    Average Salary: $150,361
    Liberty Mutual Insurance provides a dynamic environment for Claims Managers. They manage claims from various lines of business. The company has offices in Boston, Detroit, and Los Angeles.


  3. USAA
    Average Salary: $143,507
    Working as a Claims Manager at USAA involves handling claims for military personnel and their families. The company operates mainly in Texas, with additional offices in Florida and California.


  4. Chubb Insurance
    Average Salary: $141,717
    Chubb Insurance offers Claims Managers a chance to manage high-stakes claims. They work in a fast-paced environment. The company has a strong presence in New York, London, and Zurich.


  5. Hub International
    Average Salary: $139,418
    At Hub International, Claims Managers coordinate and manage claims effectively. The company operates in various locations, including Chicago, Los Angeles, and San Francisco.


  6. CVS Health
    Average Salary: $130,364
    CVS Health provides a robust platform for Claims Managers to handle claims related to health insurance. They work in a dynamic setting. The company has offices in Woonsocket, Rhode Island, and Boston, Massachusetts.


  7. Zurich Insurance
    Average Salary: $127,552
    Zurich Insurance values its Claims Managers for their expertise in handling complex claims. The company operates in major cities like New York, Chicago, and San Francisco.


  8. American Freedom Insurance Company
    Average Salary: $100,625
    American Freedom Insurance Company offers Claims Managers a stable role in managing insurance claims. They operate primarily in the Southeast, with offices in Atlanta and Nashville.


  9. Ryder System
    Average Salary: $88,125
    Ryder System provides a solid environment for Claims Managers to manage claims related to logistics and transportation. They work in various locations, including Miami, Florida, and Las Vegas, Nevada.


  10. Sun Life
    Average Salary: $87,250
    Sun Life offers Claims Managers a supportive environment to manage life and health insurance claims. The company operates in Toronto, Canada, and other key locations.

How to earn more as a Claims Manager?

A Claims Manager plays a crucial role in any insurance company. They handle claims, investigate incidents, and ensure that claims are resolved efficiently. To earn more in this role, several factors can make a significant difference. Focusing on professional growth can lead to better-paying opportunities. Building a strong network and gaining experience can also increase earning potential.

Below are key factors that can help a Claims Manager earn more:

  1. Education and Certification: Obtaining higher education or specialized certifications can open up higher-paying positions.
  2. Experience: More years in the industry often lead to higher salaries. Experience makes a Claims Manager more valuable.
  3. Skill Development: Mastering new skills, such as data analysis or risk management, can make a Claims Manager more attractive to employers.
  4. Performance: Delivering excellent results and exceeding goals can lead to bonuses and promotions.
  5. Networking: Building professional connections can lead to job opportunities with better pay.

Currently 172 Claims Manager job openings, nationwide.

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

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