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Salary

How much does a Claims Representative make?

The average salary for a Claims Representative is $69,439 per year in the US.

A Claims Representative plays a key role in the insurance industry. They handle claims from policyholders, ensuring that the claims process runs smoothly. The average yearly salary for a Claims Representative is $69,439. This figure can vary based on experience, location, and the specific company.

The salary range for Claims Representatives can be quite broad. The lowest 10% earn around $36,000 per year. The highest 10% can make over $126,000 annually. Most professionals fall somewhere in the middle. For example, those in the 25th percentile earn about $44,232, while those in the 75th percentile make around $93,623. This range shows that with experience and skill, there is potential for growth in this career.

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What are the highest paying cities for a Claims Representative?

Stamford, Connecticut, offers the highest average salary for Claims Representatives, making it a prime location for those in the field. San Francisco and San Jose, California, also provide competitive salaries, reflecting the strong demand for skilled professionals in these areas. Job seekers may find attractive opportunities in cities like Washington, D.C., and Los Angeles, where the average pay remains above the national average.
Graph displaying highest paying cities salaries for Claims Representative jobs, highlighting Stamford, CT with the highest at $124,998 and Seattle, WA with the lowest at $79,042.
  1. Stamford, CT
    Average Salary: $124,998
    In Stamford, working with insurance companies offers a stable environment. Major firms like The Hartford and Travelers provide excellent opportunities. The city's business-friendly atmosphere supports career growth.
    Find Claims Representative jobs in Stamford, CT


  2. Hartford, CT
    Average Salary: $96,672
    Hartford is known for its insurance sector. Companies like Aetna and Cigna are prominent here. Job seekers can find many roles in claims processing and customer service.
    Find Claims Representative jobs in Hartford, CT


  3. San Francisco, CA
    Average Salary: $91,685
    San Francisco's tech-driven economy includes many insurance firms. Working with companies like Allstate and Geico offers dynamic challenges. The city's vibrant culture enhances work-life balance.
    Find Claims Representative jobs in San Francisco, CA


  4. San Jose, CA
    Average Salary: $86,764
    San Jose is a hub for tech and insurance. Companies like Lemonade and Safeco Insurance are well-known. The city's innovative spirit makes it an exciting place to work.
    Find Claims Representative jobs in San Jose, CA


  5. Washington, DC
    Average Salary: $84,813
    In Washington, DC, working in claims involves dealing with federal policies. Major insurers like MetLife and Prudential are present. The city's political environment adds depth to the job.
    Find Claims Representative jobs in Washington, DC


  6. Los Angeles, CA
    Average Salary: $84,010
    Los Angeles offers a diverse job market. Companies like Farmers Insurance and State Farm provide many opportunities. The city's entertainment industry adds a unique flair to the work environment.
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  7. New Haven, CT
    Average Salary: $79,765
    New Haven, with its academic influence, supports a strong insurance sector. Yale-New Haven Hospital and local firms offer solid career paths. The city's educational environment enriches professional skills.
    Find Claims Representative jobs in New Haven, CT


  8. Philadelphia, PA
    Average Salary: $79,655
    Philadelphia's rich history includes a strong insurance industry. Companies like Cigna and Independence Blue Cross are key players. The city's diverse culture offers a unique work experience.
    Find Claims Representative jobs in Philadelphia, PA


  9. Portland, OR
    Average Salary: $79,357
    Portland's progressive environment supports a growing insurance sector. Companies like Moda Health and Providence Health offer many roles. The city's eco-friendly initiatives enhance workplace values.
    Find Claims Representative jobs in Portland, OR


  10. Seattle, WA
    Average Salary: $79,042
    Seattle's tech and insurance industries thrive together. Companies like Safeco and Premera Blue Cross provide excellent opportunities. The city's innovative spirit makes it a great place to work.
    Find Claims Representative jobs in Seattle, WA

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

AXA XL offers one of the highest salaries for Claims Representatives, with an average of $130,842. AXA follows closely, providing an average of $129,940. Hiscox also stands out, offering an average salary of $129,167. These companies value their claims representatives and reflect that in their compensation packages. Markel Corporation and Everest Re Group also provide competitive salaries, with averages of $123,529 and $120,948, respectively.
Graph displaying best paying company salaries for Claims Representative jobs, highlighting AXA XL with the highest at $130,842 and Crum & Forster with the lowest at $108,594.
  1. AXA XL
    Average Salary: $130,842
    AXA XL offers competitive salaries for Claims Representative jobs. They operate globally, with major offices in the U.S., Europe, and Asia. AXA XL focuses on providing insurance and reinsurance services.


  2. AXA
    Average Salary: $129,940
    AXA provides a high average salary for Claims Representative roles. They have a strong presence in Europe, Asia, and Africa. AXA specializes in insurance and asset management.


  3. Hiscox
    Average Salary: $129,167
    Hiscox offers attractive compensation for Claims Representatives. They operate in the U.S., U.K., and Canada. Hiscox focuses on specialty insurance and reinsurance.


  4. Markel Corporation
    Average Salary: $123,529
    Markel Corporation provides a good salary for Claims Representatives. They have offices in the U.S., Europe, and Asia. Markel specializes in insurance and reinsurance.


  5. Everest Re Group
    Average Salary: $120,948
    Everest Re Group offers competitive pay for Claims Representatives. They operate in the U.S., Europe, and Asia. Everest Re Group focuses on reinsurance.


  6. Deloitte
    Average Salary: $119,875
    Deloitte provides a competitive salary for Claims Representatives. They have a global presence with offices in over 150 countries. Deloitte offers consulting, audit, and tax services.


  7. Legacy Restoration
    Average Salary: $117,500
    Legacy Restoration offers a solid salary for Claims Representatives. They operate in the U.S. Legacy Restoration specializes in property damage restoration.


  8. Revantage
    Average Salary: $117,258
    Revantage provides a good salary for Claims Representatives. They operate in the U.S. Revantage focuses on insurance technology and services.


  9. The Hartford
    Average Salary: $109,831
    The Hartford offers a solid salary for Claims Representatives. They have a strong presence in the U.S. The Hartford specializes in insurance and financial services.


  10. Crum & Forster
    Average Salary: $108,594
    Crum & Forster provides a competitive salary for Claims Representatives. They operate in the U.S. Crum & Forster specializes in commercial insurance.

How to earn more as a Claims Representative?

A Claims Representative plays a key role in the insurance industry. They handle customer claims and ensure that the company meets its obligations. This role can be rewarding, both financially and professionally. Increasing your earnings in this field requires dedication and strategic planning. Here are some factors to consider.

First, gaining experience is crucial. More seasoned representatives often earn higher salaries. Experience allows you to handle complex cases more efficiently. It also builds your reputation within the industry. Second, obtaining additional certifications can boost your earning potential. Certifications in areas like risk management or insurance law can set you apart. They show that you have specialized knowledge. Third, seeking promotions within your company can lead to higher pay. Many companies offer salary increases with promotions. Networking with colleagues and supervisors can help you learn about opportunities. Fourth, specializing in a niche area can make you more valuable. For example, focusing on auto claims or health insurance claims can lead to higher-paying roles. Finally, negotiating your salary is important. Research industry standards and be prepared to discuss your value during performance reviews.

By focusing on these factors, a Claims Representative can increase their earnings. Each step requires effort, but the rewards can be significant. With the right approach, you can achieve greater financial success in your career.

  1. Gain experience to handle complex cases.
  2. Obtain certifications in risk management or insurance law.
  3. Seek promotions within your company.
  4. Specialize in a niche area like auto or health claims.
  5. Negotiate your salary during performance reviews.

Currently 1,470 Claims Representative job openings, nationwide.

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

Learn what a Claims Representative does, how to become one, and understand the job outlook. Get simple steps to start your career as a Claims Representative today.
Position
Overview
Claims Representative
1,470 Job Openings