How much does a Claims Manager make?
A Claims Manager plays a key role in handling insurance claims. This job involves assessing claims, negotiating settlements, and ensuring that the company's policies are followed. The average yearly salary for a Claims Manager is around $108,529. This figure can vary based on experience, location, and the size of the company.
The salary range for a Claims Manager can be quite broad. Some professionals earn as little as $44,000 per year, while others can make over $178,000. The middle 50% of Claims Managers earn between $80,750 and $129,750 annually. This range shows that with experience and skill, there is potential for significant earnings in this field. Additionally, those in larger cities or with more advanced degrees may see higher salaries.
What are the highest paying cities for a Claims Manager?

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Colorado Springs, CO
Average Salary: $133,565
In Colorado Springs, professionals manage claims for various companies, ensuring smooth operations. The city's growing tech sector offers opportunities for those in the insurance industry. Companies like Pikes Peak Insurance provide a dynamic work environment.
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Philadelphia, PA
Average Salary: $133,113
Philadelphia offers a rich environment for claims management, with many large firms in the area. Professionals here handle claims for major insurance companies, contributing to the city's financial sector. Working in Philly means being part of a historic and vibrant industry.
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Boston, MA
Average Salary: $129,942
Boston is a hub for insurance and claims management, with many well-known companies. Professionals here manage claims efficiently, ensuring clients receive timely support. The city's strong economy offers many opportunities for career growth.
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Hartford, CT
Average Salary: $129,660
Hartford, known as the insurance capital, provides a solid base for claims managers. Professionals here work with top insurance firms, ensuring claims are processed smoothly. The city's focus on insurance makes it a great place for this career.
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Chicago, IL
Average Salary: $127,887
Chicago offers a bustling environment for claims management, with many large insurance companies. Professionals here handle a variety of claims, ensuring clients are well taken care of. The city's diverse economy offers many opportunities for growth.
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San Diego, CA
Average Salary: $123,756
In San Diego, claims managers work in a vibrant and growing industry. The city's strong economy and many tech firms offer diverse opportunities. Professionals here manage claims for various companies, ensuring smooth operations.
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Phoenix, AZ
Average Salary: $123,630
Phoenix provides a dynamic environment for claims management, with many insurance companies. Professionals here handle a variety of claims, ensuring clients receive timely support. The city's growing economy offers many opportunities for career growth.
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Charlotte, NC
Average Salary: $116,958
Charlotte offers a strong environment for claims management, with many financial institutions. Professionals here manage claims efficiently, ensuring clients are well taken care of. The city's focus on finance makes it a great place for this career.
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Atlanta, GA
Average Salary: $115,229
Atlanta provides a vibrant environment for claims management, with many insurance companies. Professionals here handle a variety of claims, ensuring clients receive timely support. The city's strong economy offers many opportunities for growth.
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San Antonio, TX
Average Salary: $114,546
In San Antonio, claims managers work in a dynamic and growing industry. The city's strong economy and many tech firms offer diverse opportunities. Professionals here manage claims for various companies, ensuring smooth operations.
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What are the best companies a Claims Manager can work for?

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Starr Companies
Average Salary: $152,592
Starr Companies offers competitive salaries for Claims Managers. They operate in various locations, including New York, Chicago, and Los Angeles. Their Claims Managers handle a wide range of claims, ensuring efficient and effective resolution.
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USAA
Average Salary: $143,783
USAA provides attractive compensation for Claims Managers. They have offices in San Antonio, Charlotte, and Dallas. At USAA, Claims Managers work with a dedicated team to manage claims for members, focusing on customer satisfaction.
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Chubb Insurance
Average Salary: $136,825
Chubb Insurance offers a strong salary for Claims Managers. They operate in major cities like New York, London, and Zurich. Chubb's Claims Managers are responsible for managing complex claims and ensuring policyholder satisfaction.
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Hub International
Average Salary: $133,156
Hub International offers competitive pay for Claims Managers. They have offices in Chicago, Los Angeles, and Toronto. Their Claims Managers handle a variety of claims, working closely with clients to provide excellent service.
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Liberty Mutual Insurance
Average Salary: $126,738
Liberty Mutual Insurance provides a good salary for Claims Managers. They operate in cities like Boston, Hartford, and Toronto. Their Claims Managers focus on resolving claims efficiently and maintaining strong relationships with clients.
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North American Risk Services
Average Salary: $107,522
North American Risk Services offers a solid salary for Claims Managers. They have offices in Chicago, New York, and Toronto. Their Claims Managers handle claims for various clients, ensuring timely and effective resolution.
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CorVel Corporation
Average Salary: $106,404
CorVel Corporation provides a competitive salary for Claims Managers. They operate in cities like Los Angeles, Chicago, and New York. Their Claims Managers work on managing claims and ensuring client satisfaction.
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AAA Auto Club Enterprises
Average Salary: $100,785
AAA Auto Club Enterprises offers a good salary for Claims Managers. They have offices in Orlando, San Francisco, and New York. Their Claims Managers handle claims related to auto services and insurance, providing excellent customer service.
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American Freedom Insurance Company
Average Salary: $96,250
American Freedom Insurance Company provides a fair salary for Claims Managers. They operate in cities like Miami, Denver, and Phoenix. Their Claims Managers focus on managing claims and ensuring customer satisfaction.
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Ryder System
Average Salary: $88,125
Ryder System offers a competitive salary for Claims Managers. They have offices in Miami, Los Angeles, and New York. Their Claims Managers handle claims related to transportation and logistics, ensuring efficient resolution.
How to earn more as a Claims Manager?
A Claims Manager plays a key role in the insurance industry. They handle claims, ensuring that customers receive fair settlements. This role can be very rewarding. It also offers opportunities to earn more. Here are some ways to increase earnings in this position.
First, gaining experience is crucial. More experienced Claims Managers often earn more. They have a better understanding of the industry and can handle complex cases. Second, obtaining certifications can boost earnings. Certifications like AAPC or CPC can make a Claims Manager more valuable. Third, specializing in a particular type of claim can lead to higher pay. For example, specializing in auto claims or health claims can make a manager more sought after. Fourth, working for a larger company can offer higher salaries. Larger companies often have more resources and can pay more. Finally, taking on additional responsibilities can lead to higher pay. This could include managing a team or overseeing multiple departments.
By focusing on these factors, a Claims Manager can increase their earnings. This can lead to a more rewarding career.
- Gain experience
- Obtain certifications
- Specialize in a particular type of claim
- Work for a larger company
- Take on additional responsibilities



