Years of Experience
Average pay is $65K per year for those with five to nine years of experience. When we consider tenure, a substantial portion of employees (51 percent) have been working for one to four years and make $39K annually on average.
Senior Claims Adjusters earn the highest median pay at $63K per year, followed by Data Analysts (about $50K), Claims Examiners and Investigators (approximately $49K), and Claims Representatives (around $43K). Near the bottom at Sedgwick Claims Management Services, Inc. (Sedgwick CMS) are Leave of Absence Administrators, pulling in an average of just $32K.
When it comes to location, the highest average paycheck ($64K annually) can be spotted in Dallas, Texas; Memphis, Tenn. (around $58K), Orlando, Fla. ($58K), and Portland, Ore. (about $55K) are the next top-paying cities. High paychecks are not found in Eden Prairie, Minn.; in fact, at approximately $42K it is one of the worst-paid cities. Within the company, workers earn the highest salaries (an average of around $73K per year) in California.
Certifications and Degrees
Salaries approach $63K annually for Registered Nurses; non-accredited workers make much less. Claims Associates also rank high on the pay scale, with expected average earnings of approximately $60K per year. Employees who have an Associate of Science (AS) make the most here, hauling in $74K annually.
In this position, it pays to have People Management in your toolkit; employees who claim proficiency enjoy a higher median salary of $65K per year. Folks here also tend to know Claim Handling; on the survey, nearly one-half of workers named it in their skills portfolios. Customer Service, Negotiation, and Insurance are also desirable skills.
Benefits and Perks
37 percent receive paid vacation, and only one in ten workers get sick leave. For employees looking to save up for their golden years, Sedgwick Claims Management Services, Inc. (Sedgwick CMS) provides an optional 401(k) plan, and a large number of survey participants participate. Most respondents have health insurance, and benefits for a large number of respondents also include dental insurance. Other privileges include a casual working environment, life insurance, tuition reimbursement, and flexible hours.