Claims Adjuster Salary

An average Claims Adjuster in the United States can expect to take home roughly $49K annually. In the world of Claims Adjusters, overall cash allowance can occasionally include more than $6K from bonuses and, in some exceptional cases, $7K from profit sharing, causing incomes to vary widely between $35K and $69K. Career duration is the biggest factor affecting pay for this group, followed by geography and the specific company. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 55 percent. Job satisfaction is reported as high by the vast majority of workers. Medical benefits are awarded to most, and a large number earn dental coverage. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$37,451 - $67,889
$37K
$49K
$68K
MEDIAN: $48,951
10%
50%
90%

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$14.19 - $26.25
$14
$19
$26
MEDIAN: $18.81
10%
50%
90%

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$0$69K
Salary $37,451 - $67,889
Bonus $98.39 - $6,410
Profit Sharing $511 - $7,076
Commission $3,000
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).
)
$35,380 - $69,030
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 1,180
Hourly Data $0$45
Hourly Rate $14.19 - $26.25
Overtime $18.70 - $45.15
Annual Data $0$69K
Bonus $98.39 - $6,410
Commission $3,000
Profit Sharing $511 - $7,076
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).
)
$35,380 - $69,030
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 277

Find Out Exactly What You Should Be Paid

United States (change)

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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

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

Common Career Paths for Claims Adjuster


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As Claims Adjusters transition into upper-level roles such as Insurance Claims Manager, they may see a strong upturn in salary. Insurance Claims Managers earn $72K on average per year. Going from Claims Adjuster to Claims Examiner or Investigator is the transition that occurs most often in this field, and the average paycheck for Claims Examiners and Investigators is $45K. Many others choose to work as Senior Claims Adjusters, where pay is typically $65K.

Claims Adjuster Job Listings

Popular Employer Salaries for Claims Adjuster


Allstate, Geico, Progressive Casualty Insurance Company, State Farm Insurance Company, and Farmers Insurance Group are top-notch employers for Claims Adjusters in this area. Salary cannot be beat at The Travelers Companies, Inc., where median pay comes to $59K. The range seems somewhat confined, however; the lower end sits at $51K, and the higher end is not far away at $80K. Also paying near the top of the field are The Hartford Financial Services Group, Inc. at $56K, State Farm Insurance Company at $54K, and Metropolitan Life Insurance Company (MetLife), where Claims Adjusters annually earn $53K.

Not only do salaries lack room to grow — pay ranges from $36K to just $57K — but Geico offers the lowest pay in town to boot, with a median paycheck of $42K. Workers also receive paychecks lighter than average at Sedgwick ($43K), Usaa Insurance ($45K), and Esurance, Inc. ($46K).

Popular Skills for Claims Adjuster


Claims Adjusters generally report applying a varied skill set to their work. Most notably, skills in Investigation, Construction Estimating, Litigation Case Management, and Insurance are correlated to pay that is above average, with boosts between 11 percent and 14 percent. Those listing Typing as a skill should be prepared for drastically lower pay. Oral / Verbal Communication and Bilingual also typically command lower compensation. Those educated in Claim Handling tend to be well versed in Negotiation.

Pay by Experience Level for Claims Adjuster

Pay by Experience for a Claims Adjuster has a positive trend. An entry-level Claims Adjuster with less than 5 years of experience can expect to earn an average total compensation of $44,000 based on 840 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Claims Adjuster with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $53,000 based on 344 salaries. An experienced Claims Adjuster which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $57,000 based on 335 salaries. A Claims Adjuster with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $66,000 based on 119 salaries.

Pay Difference by Location

National Average: $48,833

Larger city markers indicate a job is popular in that location.

Los Angeles is home to an above-average pay rate for Claims Adjusters, 19 percent higher than the national average. Claims Adjusters can also look forward to large paychecks in cities like Houston (+10 percent), Orlando (+9 percent), Chicago (+7 percent), and New York (+4 percent). Claims Adjusters in Oklahoma City report much lower salaries than the rest of the country — 24 percent below the national average — proving that residence is a major factor in overall pay. Two other places where employers offer below-median salaries are Indianapolis (12 percent less) and Tampa (9 percent less).

Claims Adjuster Reviews

Q: What is it like working as a Claims Adjuster?

Claims Adjuster in Chicago:
"I like it so far."
Pros: It's not boring.
Cons:

Claims Adjuster in Providence:
"Claim adjuster eith a law firm."
Pros: Diversified job duties, research, contacts with general public, lawyers, insurance companies, detail work, put a value price, negotate, follow up, fast paste, good perks.
Cons: Need more pay. Organizattion is unclear, no communication, change is unclear, Lack of reasonable goals, stressful,

Claims Adjuster in Miami:
"Hi."
Pros: I love the fact that there is extensive flexibility.
Cons: Salaried therefore you may work well over the typical 40.

Claims Adjuster in Indianapolis:
"Claims Ajudicator."
Pros: The people who work there are very friendly. Its like working in a family.
Cons: Gossip gossip gossip. Too much chit chat, but what can you expect from working in a small office full of women.:)

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.
Cons:

Related Job Salaries

Key Stats for Claims Adjuster

Gender

Female
55 %
Male
45 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 239 votes.
Less than 1 year
9%
1-4 years
44%
5-9 years
18%
10-19 years
21%
20 years or more
9%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Claims Adjuster Salaries

▲35%

▲18%

▲8%

National Average
$49,000

▼10%

Skills That Affect Claims Adjuster Salaries

Investigation
▲14%

Construction Estimating
▲12%

Litigation Case Management
▲11%

Insurance
▲8%

▲3%


Customer Service
▼0%

National Average
$49,000

Oral / Verbal Communication
▼14%

▼14%

Typing
▼23%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 239 votes.

Gender

Female
55 %
Male
45 %

Years of Experience

Less than 1 year
9%
1-4 years
44%
5-9 years
18%
10-19 years
21%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 83%
vision benefits
Vision: 76%
no benefits
None: 9%
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