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Claims Adjuster Salary

Claims Adjusters in the United States pull down an average of $47K per year. In the world of Claims Adjusters, total cash compensation can vary between $33K and $67K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $5K and $6K, respectively. The most important factor affecting compensation for this group is geography, followed by experience level and the individual firm. Medical benefits are awarded to a large number, and most earn dental coverage. Men working as Claims Adjusters who took the survey just slightly outnumber women at 51 percent. Most Claims Adjusters like their work and job satisfaction is high. This report is based on responses to the PayScale salary survey.
$34,382 - $65,761
(Median)
34K
47K
56K
66K
MEDIAN: $46,839
10%
50%
75%
90%

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$12.90 - $26.69
(Median)
13
18
23
27
MEDIAN: $18.00
10%
50%
75%
90%

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Show Annual Salary Show Hourly Rate

National Salary 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$23K$46K$69K
Salary
$34,382 - $65,761  
   
Bonus
$0.00 - $5,187  
Profit Sharing
$507 - $5,665  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$32,718 - $67,484  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 1,454
National Hourly Rate 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$15$30$45
Hourly Rate
$12.90 - $26.69  
   
Overtime
$17.82 - $43.52  
National Annualized 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$30K$60K$90K
Bonus
$0.00 - $5,187  
   
Profit Sharing
$507 - $5,665  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$32,718 - $67,484  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 264
United States (change)

Job Description for Claims Adjuster

A claims adjustor is the point person for an insurance company when the company receives a claim. They normally travel to a location and inspect damage, make notes, and ask questions. The claims adjustor assesses information and make recommendations for how the insurance company proceeds in resolving the claim.

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Claims Adjuster Tasks

  • Compile information derived from correspondence with claimant, witnesses and medical specialists.
  • Negotiate settlement of claims, calculate and authorize payment of claim settlements in accordance with policy and coverage.
  • Investigate and analyze insurance claims to determine extent of insurance company's liability.

Insurance Claims Adjuster Job Listings

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Popular Employer Salaries for Claims Adjuster


Progressive Casualty Insurance Company, State Farm Insurance Company, Allstate Insurance Company, Farmers Insurance Group, and Liberty Mutual Insurance Group are all popular places to work. For Claims Adjusters, comfortable salaries can be found at The Travelers Companies, Inc.; in fact, average earnings are around $58K, the highest in the area, though the difference in the company's lowest and highest employee paychecks ($42K versus $85K) is great. Other big spenders include Metropolitan Life Insurance Company (MetLife), Sedgwick Claims Management Services, Inc. (Sedgwick CMS), and Progressive Casualty Insurance Company, top-paying firms where Claims Adjusters see paychecks nearing $54K, $52K, or $51K.

The consistently lowest paying firm is Allstate, where the median salary is just $42K. There isn't much variation there, either; the pay scale ranges only from $36K to $77K. Other low-paying employers include Esurance, Inc. at $42K and Nationwide Mutual Insurance Company at $43K, though some Claims Adjusters there earn up to $72K.

Popular Skills for Claims Adjuster


Claims Adjusters who responded to the survey indicated only a few skills that they use on the job. Those who have experience with Negotiation, Claim Handling, and Customer Service can expect to be compensated well for these skills. It is often found that people who know Claim Handling are also skilled in Negotiation.

Pay by Experience Level for Claims Adjuster

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Claims Adjusters with a lot of experience do not necessarily enjoy more money. The average beginner in this position makes around $41K, but folks who have been around for five to 10 years see a markedly higher median salary of $50K. On average, Claims Adjusters make $56K following one to two decades on the job. Veterans who have surpassed the 20-year mark may make only slightly more than those who are navigating the mid-career stage; the more senior group reports median earnings of around $60K.

Pay Difference by Location


For Claims Adjusters, working in the bustling city of Sacramento has its advantages, including an above-average pay rate. Claims Adjusters will also find cushy salaries in Chicago (+15 percent), Dallas (+10 percent), San Diego (+9 percent), and Seattle (+8 percent). Claims Adjusters in Oklahoma City take home the lowest salaries, earning a whopping 20 percent less than the national average. Not at the bottom but still paying below the median are employers in Charlotte and Phoenix (14 percent lower and 6 percent lower, respectively).

Claims Adjuster Reviews

What is it like working as a Claims Adjuster?

Claims Adjuster in Arlington Heights:
"It Is Different Everyday."
Pros: Fast paced working environment.
Cons: It takes a lot of patience.

Claims Adjuster in Florida:
"Can Manage And Run A Front Office."
Pros: Fast learner, hard worker. I am very focused and willing to learn.

Related Job Salaries

Experience Affects Claims Adjuster Salaries




National Average
$47,000


Skills That Affect Claims Adjuster Salaries


Claim Handling
up arrow 2%

National Average
$47,000

Customer Service
up arrow 1%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 333 votes.

Gender

Female
49 %
Male
51 %

Years of Experience

Less than 1 year
10%
1-4 years
37%
5-9 years
24%
10-19 years
19%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 80%
vision benefits Vision: 68% employee benefits None: 10%