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How much does a Claims Manager make?

The average salary for a Claims Manager is $108,529 per year in the US.

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.

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What are the highest paying cities for a Claims Manager?

Cities like Colorado Springs, Philadelphia, and Boston offer some of the highest salaries for Claims Managers. These locations provide competitive pay, with Colorado Springs leading at $133,565. Philadelphia and Boston follow closely, offering salaries around $133,000 and $130,000. Job seekers can find attractive opportunities in these areas. Other top cities include Hartford, Chicago, and San Diego, where Claims Managers can expect salaries above $123,000. These cities present excellent career prospects for those in the field. Charlotte, Atlanta, and San Antonio also offer good compensation, making them viable options for job seekers.
Graph displaying highest paying cities salaries for Claims Manager jobs, highlighting Colorado Springs, CO with the highest at $133,565 and San Antonio, TX with the lowest at $114,546.
  1. 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.
    Find Claims Manager jobs in Colorado Springs, CO


  2. 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.
    Find Claims Manager jobs in Philadelphia, PA


  3. 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.
    Find Claims Manager jobs in Boston, MA


  4. 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.
    Find Claims Manager jobs in Hartford, CT


  5. 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.
    Find Claims Manager jobs in Chicago, IL


  6. 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.
    Find Claims Manager jobs in San Diego, CA


  7. 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.
    Find Claims Manager jobs in Phoenix, AZ


  8. 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.
    Find Claims Manager jobs in Charlotte, NC


  9. 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.
    Find Claims Manager jobs in Atlanta, GA


  10. 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.
    Find Claims Manager jobs in San Antonio, TX

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

Starr Companies offers one of the highest salaries for Claims Manager jobs, averaging around $152,592. USAA also provides a competitive salary, with an average of $143,783. Chubb Insurance follows closely, offering an average salary of $136,825. These companies value their claims managers and offer attractive compensation packages. Liberty Mutual Insurance and North American Risk Services also provide good salaries, averaging $126,738 and $107,522, respectively. Job seekers should consider these companies for their potential to offer strong financial rewards.
Graph displaying best paying company salaries for Claims Manager jobs, highlighting Starr Companies with the highest at $152,592 and Ryder System with the lowest at $88,125.
  1. 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.


  2. 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.


  3. 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.


  4. 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.


  5. 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.


  6. 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.


  7. 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.


  8. 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.


  9. 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.


  10. 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

Currently 143 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
143 Job Openings