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Salary

How much does a Claims Manager make?

The average salary for a Claims Manager is $112,907 per year in the US.

A Claims Manager plays a key role in insurance and healthcare organizations. This role involves overseeing the claims process and ensuring that customers receive fair and timely settlements. On average, Claims Managers earn a yearly salary of $112,907. This figure can vary based on experience, location, and the specific industry.


Most Claims Managers start with salaries around $51,198. As they gain more experience, their pay can increase significantly. At the upper end, experienced Claims Managers can earn up to $185,725 annually. Factors such as the size of the company and the complexity of the claims handled can also impact earnings. The role offers a rewarding career path with opportunities for growth and higher earnings.

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What are the highest paying cities for a Claims Manager?

Looking to become a Claims Manager? Philadelphia, PA, offers the highest average salary at $151,234. Colorado Springs, CO, closely follows with an average of $137,905, making it another top contender. Cities like Hartford, CT, and San Diego, CA, also provide competitive pay packages for professionals in this role. Other notable cities include Chicago, IL, Phoenix, AZ, and Sacramento, CA, each offering salaries above $129,000. Job seekers might find great opportunities in these locations as well. These figures reflect the potential for a rewarding career in claims management.
Graph displaying highest paying cities salaries for Claims Manager jobs, highlighting Philadelphia, PA with the highest at $151,234 and Los Angeles, CA with the lowest at $122,579.
  1. Philadelphia, PA
    Average Salary: $151,234
    In Philadelphia, a city rich with history and industry, claims professionals thrive in a dynamic environment. Major companies like Independence Blue Cross and Commerce Insurance Company offer promising career paths. The city’s strong economic sectors provide diverse opportunities.
    Find Claims Manager jobs in Philadelphia, PA


  2. Colorado Springs, CO
    Average Salary: $137,905
    Colorado Springs stands out for its vibrant job market and outdoor lifestyle. Here, claims managers work with firms like HealthONE and Pikes Peak Mutual Insurance. The combination of business opportunities and natural beauty makes it an appealing place to work.
    Find Claims Manager jobs in Colorado Springs, CO


  3. Hartford, CT
    Average Salary: $132,533
    Hartford, known as the insurance capital of the world, presents a perfect setting for claims experts. Companies such as Aetna and Travelers Insurance offer strong career growth. The city's deep-rooted insurance industry provides many professional avenues.
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  4. San Diego, CA
    Average Salary: $130,397
    San Diego, with its warm climate and thriving economy, is ideal for claims managers. With employers like Blue Shield of California and Farmers Insurance, professionals enjoy a balanced work life. The city's innovation-driven companies offer diverse opportunities.
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  5. Chicago, IL
    Average Salary: $129,607
    Chicago’s dynamic market makes it a top choice for claims professionals. Major firms such as Allstate and State Farm provide excellent career prospects. The city’s robust financial sector supports a variety of roles in claims management.
    Find Claims Manager jobs in Chicago, IL


  6. Phoenix, AZ
    Average Salary: $129,234
    Phoenix offers a growing job market for claims managers. Companies like Farmers Insurance and Banner Health provide excellent opportunities. The city’s expanding economy supports a wide range of career paths.
    Find Claims Manager jobs in Phoenix, AZ


  7. Sacramento, CA
    Average Salary: $126,537
    Sacramento, with its stable economy and lower cost of living, is a great place for claims professionals. Employers like Blue Shield of California and State Farm offer robust career growth. The city’s steady job market provides many opportunities.
    Find Claims Manager jobs in Sacramento, CA


  8. San Antonio, TX
    Average Salary: $123,992
    San Antonio’s vibrant economy offers promising opportunities for claims managers. Major companies like USAA and Bexar County provide strong career growth. The city’s diverse industries make it an attractive place to work.
    Find Claims Manager jobs in San Antonio, TX


  9. Atlanta, GA
    Average Salary: $122,892
    Atlanta’s booming job market makes it an excellent place for claims professionals. Companies such as Aflac and UnitedHealth Group offer many opportunities. The city’s strong economic sectors provide a variety of career paths.
    Find Claims Manager jobs in Atlanta, GA


  10. Los Angeles, CA
    Average Salary: $122,579
    Los Angeles, with its diverse economy and entertainment industry, provides a dynamic setting for claims managers. Employers like Kaiser Permanente and Farmers Insurance offer excellent career prospects. The city’s vibrant job market supports many professional roles.
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What are the best companies a Claims Manager can work for?

ICW Group, Liberty Mutual Insurance, and USAA offer some of the highest salaries for Claims Manager positions. ICW Group leads with an average salary of nearly $160,000. Liberty Mutual Insurance follows closely, paying an average of almost $150,000. USAA also provides a competitive average salary of about $144,000. Other notable companies include Providence and CVS Health, both offering salaries above $130,000. Zurich Insurance, AAA Auto Club Enterprises, and CSAA Insurance Group also provide attractive compensation packages. These companies recognize the importance of skilled Claims Managers and reward them with excellent pay packages.
Graph displaying best paying company salaries for Claims Manager jobs, highlighting ICW Group with the highest at $158,997 and Sun Life with the lowest at $87,935.
  1. ICW Group
    Average Salary: $158,997
    ICW Group offers attractive salaries for Claims Managers. They operate in various locations including Denver, Colorado, and New York City, New York. They provide a dynamic environment where Claims Managers play a crucial role in managing claims and ensuring customer satisfaction.


  2. Liberty Mutual Insurance
    Average Salary: $150,471
    Liberty Mutual Insurance is known for competitive salaries for Claims Managers. They have offices in Boston, Massachusetts, and San Francisco, California. At Liberty Mutual, Claims Managers work in a fast-paced setting, handling claims efficiently and improving processes.


  3. USAA
    Average Salary: $144,032
    USAA offers a solid compensation package for Claims Managers. They are headquartered in San Antonio, Texas, and also have offices in Tampa, Florida. Claims Managers at USAA are responsible for managing claims and ensuring members receive the best service.


  4. Providence
    Average Salary: $133,518
    Providence provides good salaries for Claims Managers. They have locations in Providence, Rhode Island, and Portland, Oregon. At Providence, Claims Managers work in a collaborative environment, focusing on claim resolution and customer service.


  5. CVS Health
    Average Salary: $130,635
    CVS Health offers competitive pay for Claims Managers. They operate in multiple locations, including Woonsocket, Rhode Island, and Hartford, Connecticut. Claims Managers at CVS Health handle claims efficiently, ensuring smooth operations.


  6. Zurich Insurance
    Average Salary: $122,413
    Zurich Insurance offers attractive salaries for Claims Managers. They have offices in Zurich, Switzerland, and London, UK. At Zurich, Claims Managers are responsible for managing claims and providing excellent customer service.


  7. AAA Auto Club Enterprises
    Average Salary: $118,247
    AAA Auto Club Enterprises provides good pay for Claims Managers. They operate in various locations, including Heathrow, Florida, and New York City, New York. Claims Managers at AAA handle claims efficiently, ensuring members receive the best service.


  8. CSAA Insurance Group
    Average Salary: $116,076
    CSAA Insurance Group offers competitive salaries for Claims Managers. They have offices in Rancho Cordova, California, and Tucson, Arizona. Claims Managers at CSAA work in a dynamic environment, focusing on claims and customer satisfaction.


  9. American Freedom Insurance Company
    Average Salary: $104,318
    American Freedom Insurance Company provides good compensation for Claims Managers. They operate in Nashville, Tennessee, and Charlotte, North Carolina. Claims Managers at American Freedom handle claims efficiently, ensuring smooth operations.


  10. Sun Life
    Average Salary: $87,935
    Sun Life offers competitive salaries for Claims Managers. They have offices in Toronto, Canada, and Houston, Texas. Claims Managers at Sun Life manage claims and focus on providing excellent customer service.

How to earn more as a Claims Manager?

A Claims Manager can improve their earnings through various strategies. Gaining experience and expertise in the field often leads to higher pay. Specializations in areas like health claims, property claims, or liability claims can make a Claims Manager more valuable. Continuing education and certifications can also boost earning potential.

Building a strong network within the industry can lead to better job opportunities and higher salaries. Effective negotiation skills during job interviews can make a significant difference. Additionally, taking on leadership roles or moving into senior management positions often results in higher pay. Performance-based incentives and bonuses can also contribute to increased earnings.

Here are some key factors to consider for increasing earnings as a Claims Manager:

  1. Experience and Expertise: More experience generally leads to higher pay.
  2. Specializations: Focus on areas such as health, property, or liability claims.
  3. Education and Certifications: Pursue additional training and qualifications.
  4. Networking: Build relationships with industry professionals.
  5. Leadership Roles: Move into senior management for higher pay.

Currently 203 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
203 Job Openings