Nearing the top of the pay scale are Insurance Office Branch Managers, IT Business Analysts, Claims Supervisors, and Insurance Claims Adjusters; while the first receives the highest median pay at $74K, the other salaries come in at around $70K, about $68K, and approximately $61K, respectively. Insurance Claims Assistants at Gallagher Bassett Services, Inc. do not see much in the way of financial compensation and represent one of the lower-paid positions ($40K) at the company.
Years of Experience
For those who claim five to nine years of work experience, pay generally amounts to $50K. For those with one to four years of experience, paychecks typically reach $38K. When we consider tenure, a substantial portion of employees (38 percent) have been working for 10-19 years and make about $65K per year.
Median pay is highest in Chicago ($74K annually), followed by Las Vegas ($73K), Itasca (around $70K), and St. Louis (approximately $64K). Those interested in increasing earning potential should avoid the city of Charlotte — at $44K, salaries are some of the lowest in the country. Within the company, workers earn the highest salaries (an average of $75K per year) in California.
Certifications and Degrees
Salaries approach about $78K for Claims Associates; non-accredited workers make much less. Acquiring certification to be a Licensed Property & Casualty Insurance Agent is rewarded at approximately $62K annually. The highest-paying degree here is an Associate's Degree; Gallagher Bassett Services, Inc. awards around $67K to these degree-holders.
The highest-paying skill to have in this role seems to be COBOL; employees claiming this as part of the toolbox earn a median of $77K. A relatively widespread skill at Gallagher Bassett Services, Inc. is Claim Handling; nearly one-half of employees use it for work. Key skills also include Negotiation, Customer Service, and People Management.
Benefits and Perks
Nearly all workers contribute to 401(k) savings accounts sponsored by the firm. Though a majority of workers get paid time off for vacation, only about one-half of workers receive paid sick leave. A solid majority of workers have health insurance, and benefits for a strong majority of workers also include dental insurance. Gallagher Bassett Services, Inc. folks also make good use of life insurance, a casual working environment, a stock purchase plan, and flexible hours.