Claims Adjuster Salary

Claims Adjusters in the United States take home an average $47K per year. Cash earnings of Claims Adjusters can occasionally include $6K each in bonuses and profit sharing proceeds; this strong performance component causes pay grades to stretch from approximately $33K to almost $67K. Earnings for this group are mostly affected by location, followed by years of experience and the particular employer. Women make up a slight majority of Claims Adjusters (51 percent) survey respondents. Job satisfaction is reported as high by the vast majority of workers. A large number enjoy medical while most get dental coverage. Vision coverage is also available to a majority. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$35,346 - $65,582
(Median)
$35K
$47K
$66K
MEDIAN: $47,269
10%
50%
90%

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$13.14 - $25.87
(Median)
$13
$18
$26
MEDIAN: $18.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$23K$46K$69K
Salary
$35,346 - $65,582  
   
Bonus
$0.00 - $5,891  
Profit Sharing
$695 - $5,907  
Commission
$5,896  
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).
)
$33,405 - $67,155  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 1,926
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$15$30$45
Hourly Rate
$13.14 - $25.87  
   
Hourly Tips
$0.00  
Overtime
$17.61 - $43.29  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$30K$60K$90K
Bonus
$0.00 - $5,891  
   
Commission
$5,896  
Profit Sharing
$695 - $5,907  
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).
)
$33,405 - $67,155  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 375
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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

  • 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.

Common Career Paths for Claims Adjuster


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Claims Adjusters may experience a large salary bump if they progress into a role such as Senior Claims Adjuster. The latter position pays an average of $64K annually. A Claims Examiner or Investigator role is the most prevalent career advancement for Claims Adjusters. Paychecks for that role are $45K on average. The Insurance Claims Supervisor position is another common transition for Claims Adjusters; in this role, salaries are typically at the $61K mark.

Insurance Claims Adjuster Job Listings

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Popular Employer Salaries for Claims Adjuster


Dominating the field, Progressive Casualty Insurance Company, State Farm Insurance Company, Allstate, Geico, and Liberty Mutual Insurance Group are top firms with a reputation for hiring a great number of Claims Adjusters. For Claims Adjusters, comfortable salaries can be found at The Travelers Companies, Inc.; in fact, average earnings are around $57K, the highest in the area, though the difference in the company's lowest and highest employee paychecks ($43K versus $82K) is great. Claims Adjusters can also look forward to large paychecks at Metropolitan Life Insurance Company (MetLife) ($53K), Liberty Mutual Insurance Group ($52K), and Progressive Casualty Insurance Company ($50K).

With a median salary of $43K, Geico provides Claims Adjusters with the lowest pay in their field; moreover, earnings are capped at only $56K, limiting employee salary growth. A few other companies with smaller-than-average paychecks include Sedgwick Claims Management Services, Inc. (Sedgwick CMS), Usaa Insurance, and Nationwide Mutual Insurance Company. They all pay $45K.

Popular Skills for Claims Adjuster


Claims Adjusters report using a wide range of professional skills. Most notably, skills in Investigation, Insurance, Negotiation, and Claim Handling are correlated to pay that is above average, with boosts between 4 percent and 11 percent. Skills that are correlated to lower pay, on the other hand, include Bilingual. Those educated in Claim Handling tend to be well versed in Negotiation.

Pay by Experience Level for Claims Adjuster

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


For Claims Adjusters, experience does not seem to be a major factor in determining pay. Those in the early stages of their career can expect to make around $42K; however, individuals with five to 10 years of experience bring in $50K on average — a distinctly larger sum. Claims Adjusters who work for 10 to 20 years in their occupation tend to earn about $57K. More than 20 years of experience mean a somewhat bigger median paycheck of $62K, but it's not much more than what less experienced people make.

Pay Difference by Location

National Average: $47,155

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

With a pay rate for Claims Adjusters that is 29 percent greater than the national average, Sacramento offers a comfortable salary for those in this profession. Claims Adjusters will also find cushy salaries in Chicago (+11 percent), New York (+9 percent), Orlando (+9 percent), and Houston (+9 percent). Compared to the national average, Oklahoma City Claims Adjusters have considerably lower salaries, 21 percent below the national average to be exact. Location appears to be a major driving force in pay for those in this profession. Below-median salaries also turn up in Charlotte and Miami (14 percent lower and 9 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.

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Experience Affects Claims Adjuster Salaries




National Average
$47,000


Skills That Affect Claims Adjuster Salaries

Investigation
up arrow 11%

Insurance
up arrow 7%

Negotiation
up arrow 4%

Claim Handling
up arrow 2%

Oral / Verbal Communication
up arrow 2%

National Average
$47,000

Customer Service
up arrow 1%

Bilingual
up arrow 16%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 354 votes.

Gender

Female
51 %
Male
49 %

Years of Experience

Less than 1 year
10%
1-4 years
40%
5-9 years
23%
10-19 years
19%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 81%
medical benefits
Vision: 70%
dental benefits
None: 9%
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