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Average Salary for Gallagher Bassett Services, Inc. Employees

The median income for Gallagher Bassett Services, Inc. employees is $60K annually. The most important factor affecting pay for Gallagher Bassett Services, Inc. employees is what you do at the company, though how long you've been working and where you live play a role as well. This overview is based on answers to PayScale's salary questionnaire.

How This Employer Pays

Gallagher Bassett Services, Inc. typically pays:
-1%
below market
Similar employers pay:
-1%
below market
Employer: Gallagher Bassett Services, Inc.
Average Salary Range by Job
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$29K$58K$87K
[-]Senior Claims Adjuster (10)
$50,335 - $85,671  
   
[-]Senior Claims Adjuster (10)
Salary$50,335 - $85,671  
   
Bonus$5.26 - $2,532  
Total Pay$50,335 - $85,671  
[+]Claims Adjuster (7)
$33,331 - $69,757  
   
[+]Claims Adjuster (7)
Salary$34,380 - $66,828  
   
Total Pay$33,331 - $69,757  
[+]Insurance Claims Assistant (5)
$23,625 - $46,376  
   
[+]Insurance Claims Assistant (5)
Salary$25,675 - $49,538  
   
Total Pay$23,625 - $46,376  
[+]Claims Supervisor (4)
$41,412 - $85,725  
   
[+]Claims Supervisor (4)
Salary$43,747 - $85,759  
   
Total Pay$41,412 - $85,725  
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
)
Country: United States | Currency: USD | Updated: 21 Nov 2014 | Individuals Reporting: 48
United States (change)

Jobs

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.

Locations

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.

Skills

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.

Key Stats

Female
60 %
Male
40 %
Salary
$46,953 - $73,548
Salary
$33,935 - $71,500
1-4 years
14%
5-9 years
18%
10-19 years
37%
20 years or more
31%
Highly satisfied
Rated 4 out of 5
based on 14 votes.

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