When it comes to location, the highest average paycheck ($76K per year) can be spotted in Itasca, Ill.; Mechanicsburg, Pa. (around $74K), St. Louis, Mo. (about $63K), and Chicago, Ill. ($50K) are the next top-paying cities. Approaching the lower end of the pay scale (at $32K) is Boston, Mass. By state, the highest compensation levels appear in New Jersey, where the average salary is approximately $75K annually.
Years of Experience
Respondents who have been working for five to nine years make about $42K per year on average. Those with one to four years of experience at the company can expect to make around $33K annually on average. The largest fraction of Gallagher Bassett Services, Inc. people (34 percent) have been working for 10-19 years and earn approximately $60K per year on average.
Senior Claims Adjusters represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at $62K annually — though Insurance Claims Supervisors, Claims Examiners and Investigators, and Claims Adjusters also do fairly well at $60K, $53K, and $49K, respectively. Near the bottom at Gallagher Bassett Services, Inc. are Insurance Account Managers, pulling in an average of just approximately $32K.
Certifications and Degrees
Risk Management Associates have significantly higher pay than non-accredited workers at about $74K per year. Acquiring certification to be a Claims Associate is rewarded with median pay of around $70K annually. The highest-paying degree here is a Certificate (Cert), Risk Management & Insurance; Gallagher Bassett Services, Inc. awards $74K to these degree-holders.
In this role, the best-paying skill appears to be Complex Litigation Case Management; individuals who claim it among their capabilities enjoy a higher median salary of $66K per year. A skill that is commonly seen around here is Claim Handling; the greater part deem it necessary for work. Key skills also include Customer Service, Negotiation, and Insurance.
Benefits and Perks
The benefits packages at Gallagher Bassett Services, Inc. can sometimes lack paid time off; one-half of workers get paid vacation days, and 38 percent receive paid sick leave. Nearly all survey participants save up for retirement through a 401(k) plan. Perks cover health insurance for most employees and dental coverage for a large number of workers. A few more workplace perks are life insurance, a casual working environment, a stock purchase plan, and tuition reimbursement.