Bringing in the most money are Insurance Claims Managers — their earnings average around $83K annually. Claims Examiners and Investigators are a close second at approximately $73K along with Application Developers ($61K) and Software Engineers (about $59K). Customer Service Representatives are among the lowest paid at a median salary of $30K.
When it comes to location, the highest average paycheck ($79K per year) can be spotted in St. Louis, Mo.; Madison, Wisc. (around $76K), Atlanta, Ga. ($56K), and Chicago, Ill. (about $55K) are the next top-paying cities. St. Joseph, Mo. is near the bottom for pay at $46K. By state, Wisconsin offers the highest pay at approximately $74K annually.
Years of Experience
Those who have five to nine years of work experience see average salaries of $74K per year. When we consider tenure, a substantial portion of employees (37 percent) have been working for one to four years and make around $54K annually on average.
Certifications and Degrees
Chartered Property Casualty Underwriters earn $91K per year, far more than their non-accredited counterparts. Bigger paychecks are awarded to Certified Public Accountants with credentials; these people earn $76K annually on average. Those with a Master's Degree at American Family Insurance Group come out on top, and their salaries approach $91K per year.
When it comes to skills, Microsoft Office seems to bolster pay the most; employees who claim proficiency also enjoy a median income of about $84K annually. Insurance is considered a run-of-the-mill skill; close to one-fourth of American Family Insurance Group's people use it regularly. Claim Handling, Customer Service, and Microsoft Excel are also desirable skills.
Benefits and Perks
Benefits packages do tend to lack paid time off; American Family Insurance Group gives paid vacation days to a third of respondents and sick leave to 23 percent. Workers who save for retirement get lots of help because the company offers a number of savings programs including a 401(k) plan and a company pension plan. For the larger part of respondents, benefits include health insurance, and slightly more than half of workers get dental coverage, too. The list of perks also includes flexible hours, a casual working environment, and life insurance.