Claims Representative Salaries

A Claims Representative plays a key role in the insurance industry. They handle claims from policyholders and ensure that the claims process runs smoothly. The average yearly salary for a Claims Representative is around $67,385. This salary can vary based on experience, location, and the size of the company.

The salary range for Claims Representatives can be quite broad. The lowest 10% earn about $34,280 per year. The highest 10% can make over $123,800 annually. Most positions fall somewhere in the middle. For example, the 25th percentile earns around $42,418, while the 75th percentile makes about $91,247. This shows that with more experience and skills, the salary can increase significantly. A Claims Representative with a few years of experience can expect to earn more than a new graduate.

1. Stamford, CT
   Average Salary: $119,709
   In Stamford, working in claims offers a dynamic environment with many insurance firms. Companies 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: $88,183
   Hartford is known as the insurance capital of the world. Here, claims professionals find many job openings with major companies like Aetna and Cigna. The city's rich history in insurance creates a stable job market.
   Find Claims Representative jobs in Hartford, CT
   

   
   

3. San Jose, CA
   Average Salary: $84,668
   San Jose offers a vibrant tech scene and a strong insurance industry. Working in claims here means collaborating with tech-savvy teams. Companies like Allstate and GEICO are prominent in the area.
   Find Claims Representative jobs in San Jose, CA
   

   
   

4. Washington, DC
   Average Salary: $84,502
   In Washington, DC, claims representatives work in a political and business hub. The city's diverse job market includes major insurers like Blue Cross Blue Shield. Working here offers a unique blend of policy and claims.
   Find Claims Representative jobs in Washington, DC
   

   
   

5. San Francisco, CA
   Average Salary: $83,810
   San Francisco provides a dynamic environment for claims professionals. The city's tech-driven economy means working with innovative companies. Firms like State Farm and Farmers Insurance are well-established here.
   Find Claims Representative jobs in San Francisco, CA
   

   
   

6. Chicago, IL
   Average Salary: $80,635
   Chicago offers a robust job market for claims professionals. The city's insurance industry includes major players like Allstate and CNA. Working here means being part of a historic insurance hub.
   Find Claims Representative jobs in Chicago, IL
   

   
   

7. Los Angeles, CA
   Average Salary: $80,617
   Los Angeles provides a diverse job market for claims representatives. The city's large population means many opportunities with companies like Farmers Insurance and Progressive. Working here offers a dynamic and varied experience.
   Find Claims Representative jobs in Los Angeles, CA
   

   
   

8. Philadelphia, PA
   Average Salary: $78,934
   Philadelphia offers a mix of traditional and modern opportunities for claims professionals. The city's insurance industry includes companies like Cigna and Independence Blue Cross. Working here means being part of a historic insurance hub.
   Find Claims Representative jobs in Philadelphia, PA
   

   
   

9. Seattle, WA
   Average Salary: $78,523
   Seattle offers a tech-driven environment for claims professionals. The city's insurance industry includes companies like Safeco and Premera. Working here means being part of a vibrant and innovative market.
   Find Claims Representative jobs in Seattle, WA
   

   
   

10. Portland, OR
    Average Salary: $78,170
    Portland provides a unique blend of natural beauty and business opportunities for claims representatives. The city's insurance industry includes companies like Moda Health and Providence Health. Working here offers a balanced and fulfilling career.
    Find Claims Representative jobs in Portland, OR
    

1. AXA
   Average Salary: $129,485
   AXA is a leading global insurer with a strong presence in Europe, Asia, and the Americas. Claims Representative jobs at AXA involve assessing claims, negotiating settlements, and providing excellent customer service. AXA operates in major cities across the world, including Paris, London, and New York.
   

   
   

2. Allianz
   Average Salary: $128,997
   Allianz is a top-tier insurance company with operations in over 70 countries. Claims Representative roles at Allianz focus on evaluating claims, managing claims processes, and ensuring customer satisfaction. Allianz has offices in key locations such as Munich, Frankfurt, and Sydney.
   

   
   

3. AXA XL
   Average Salary: $128,721
   AXA XL is a major provider of specialty insurance and reinsurance. Claims Representatives at AXA XL work on assessing claims, coordinating with clients, and resolving issues. The company operates in major financial hubs like London, New York, and Singapore.
   

   
   

4. Deloitte
   Average Salary: $119,875
   Deloitte is a global leader in professional services, including insurance and risk management. Claims Representative jobs at Deloitte involve analyzing claims data, providing risk assessments, and supporting clients. Deloitte has offices in major cities worldwide, including San Francisco, London, and Tokyo.
   

   
   

5. Legacy Restoration
   Average Salary: $117,500
   Legacy Restoration specializes in property restoration services. Claims Representatives at Legacy Restoration handle property damage claims, coordinate repairs, and ensure customer satisfaction. The company operates in key areas such as California, Florida, and Texas.
   

   
   

6. Revantage
   Average Salary: $117,258
   Revantage offers innovative insurance solutions. Claims Representatives at Revantage manage claims processing, liaise with clients, and ensure timely settlements. The company operates in major business centers like New York, Chicago, and Los Angeles.
   

   
   

7. Everest Re Group
   Average Salary: $116,925
   Everest Re Group is a leading global reinsurer. Claims Representatives at Everest Re Group are responsible for evaluating claims, negotiating settlements, and managing claims files. The company has offices in key locations such as Bermuda, London, and Singapore.
   

   
   

8. Hiscox
   Average Salary: $112,279
   Hiscox is a global provider of specialty insurance. Claims Representatives at Hiscox handle policy claims, assess damages, and ensure customer satisfaction. Hiscox operates in major cities like London, New York, and Sydney.
   

   
   

9. Axis Insurance
   Average Salary: $111,728
   Axis Insurance offers a range of insurance products. Claims Representatives at Axis Insurance manage claims processing, coordinate with policyholders, and ensure timely resolutions. The company operates in key locations such as Mumbai, New Delhi, and Bangalore.
   

   
   

10. Berkshire Hathaway Specialty Insurance
    Average Salary: $110,640
    Berkshire Hathaway Specialty Insurance provides specialty insurance and reinsurance. Claims Representatives at Berkshire Hathaway Specialty Insurance assess claims, manage claims files, and ensure customer satisfaction. The company operates in major financial hubs like Omaha, New York, and London.
    

A Claims Representative plays a key role in the insurance industry. They handle customer claims, assess damages, and process payments. To earn more in this role, consider these important factors. Each one can help boost your salary and career growth.

First, gaining experience is crucial. The more claims you handle, the better you understand the process. Experienced representatives often earn higher salaries. Second, obtaining certifications can set you apart. Certifications like AAPC or CPC show your expertise. Third, improving your communication skills helps. Clear communication can lead to quicker claim resolutions. Fourth, learning new software can make you more efficient. Familiarity with claims management systems is valuable. Lastly, seeking promotions or moving to higher-paying companies can increase your earnings. Each of these factors can lead to better job opportunities and higher pay.

Consider these factors to advance your career as a Claims Representative. With dedication and the right steps, you can earn more and achieve your professional goals.

1. Gain experience by handling more claims.
2. Obtain certifications like AAPC or CPC.
3. Improve communication skills for better claim resolutions.
4. Learn new software to increase efficiency.
5. Seek promotions or move to higher-paying companies.