Years of Experience
For those who claim five to nine years of work experience, pay on average amounts to approximately $62K annually. The greater proportion of employees (34 percent) report one to four years of experience and bring home median pay of $39K per year.
When it comes to location, the highest average paycheck (around $66K annually) can be spotted in Atlanta, Ga.; Memphis, Tenn. (about $63K), Dallas, Texas ($50K), and Chicago, Ill. ($46K) are the next top-paying cities. On the lower end is Dubuque, Iowa at about $28K. U.S. pay levels are highest in the state of California; salaries there average to approximately $73K per year.
The highest paychecks go to Production Supervisors, who earn an average around $67K annually, closely trailed by Senior Claims Adjusters ($64K), Insurance Claims Representatives ($57K), and Claims Examiners and Investigators ($50K). With salaries averaging around $35K, Insurance Claims Adjusters are among the lowest paid at Sedgwick Claims Management Services, Inc. (Sedgwick CMS).
Certifications and Degrees
Licensed Claims Adjusters receive bigger paychecks ($54K per year) than those without credentials. Becoming a Claims Associate can certainly pay off here; those folks make about $48K on average. At Sedgwick Claims Management Services, Inc. (Sedgwick CMS), employees who hold an Associate's Degree, Business Administration receive the highest salaries at $90K.
The best-paying skill to have in this role appears to be Project Management; employees who claim this ability report median compensation of $88K annually. Claim Handling is considered a run-of-the-mill skill; approximately one-half of Sedgwick Claims Management Services, Inc. (Sedgwick CMS)'s people use it regularly. Key skills also include Customer Service, Negotiation, and Insurance.
Benefits and Perks
Only one in three employees at Sedgwick Claims Management Services, Inc. (Sedgwick CMS) enjoy paid vacation time, and just one in five employees can take sick leave. Nearly all workers contribute to 401(k) savings accounts sponsored by the firm. A large number of employees can count on health insurance, and most workers have dental coverage as a benefit. Some other perks are a casual working environment, life insurance, tuition reimbursement, and optional telecommute / work from home.