Claims Adjuster Salary

Average Claims Adjusters in the United States make around $47K annually. Overall cash earnings of Claims Adjusters stretch from $33K near the bottom to $67K at the top, and the heftiest packages can encompass around $5K each from bonuses and profit sharing. Geography is the biggest factor affecting pay for this group, followed by tenure and the particular employer. Job satisfaction is high and work is enjoyable for most Claims Adjusters. Male Claims Adjusters are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 51 percent of the field. Most enjoy medical while a large number get dental coverage. Vision coverage is also available to the larger part. This report is based on answers to PayScale's salary questionnaire.

$34,878 - $65,374
(Median)
$35K
$47K
$65K
MEDIAN: $47,009
10%
50%
90%

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$13.39 - $26.49
(Median)
$13
$18
$26
MEDIAN: $18.00
10%
50%
90%

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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
$34,878 - $65,374  
   
Bonus
$0.00 - $5,487  
Profit Sharing
$498.00 - $5,761  
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).
)
$33,270 - $66,940  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 1,723
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
$13.39 - $26.49  
   
Overtime
$17.91 - $42.56  
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 - $5,487  
   
Profit Sharing
$498.00 - $5,761  
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).
)
$33,270 - $66,940  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 324
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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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For Claims Adjusters, progressing to a Senior Claims Adjuster role may result in a significant raise. On average, a Senior Claims Adjuster can earn $64K annually. The most common career progression for Claims Adjusters leads to becoming a Claims Examiner or Investigator, where pay is typically $45K. However, many Claims Adjusters also opt to become Insurance Claims Supervisors, a position that pays $61K on average.

Insurance Claims Adjuster Job Listings

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Popular Employer Salaries for Claims Adjuster


Leading companies who hire large numbers of Claims Adjusters include Progressive Casualty Insurance Company, State Farm Insurance Company, Geico, Farmers Insurance Group, and Liberty Mutual Insurance Group. Although The Travelers Companies, Inc. leads the field in pay with a median salary of $59K, employees there receive a wide spread of salaries, from $43K on the low end all the way up to $85K at the top. Also paying near the top of the field are Metropolitan Life Insurance Company (MetLife) at $55K, Liberty Mutual Insurance Group at $53K, and Progressive Casualty Insurance Company, where Claims Adjusters annually earn $51K.

Esurance, Inc. offers the smallest salaries in town — $42K on average — but the considerable range in workers' salaries (stretching from $27K to $64K) creates a rather varied pay scale. Others at the bottom of the scale for this job include Geico at $43K, and Nationwide Mutual Insurance Company where $44K is the norm, but it is worth noting that 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. Those familiar with Claim Handling also tend to know Negotiation.

Pay by Experience Level for Claims Adjuster

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


Experience does not seem to be a strong driver of pay increase in this role. The average worker who claims fewer than five years of experience earns around $42K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $50K. Claims Adjusters see a median salary of $57K after reaching one to two decades on the job. Claims Adjusters with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $61K.

Pay Difference by Location


For Claims Adjusters, busy Sacramento offers a higher-than-average pay rate, 29 percent above the national average. Claims Adjusters can also look forward to large paychecks in cities like Chicago (+12 percent), New York (+8 percent), Houston (+7 percent), and Denver (+7 percent). Trailing the national average by 14 percent, Charlotte is the market with the smallest paychecks. Employers pay around 8 percent less in Miami and 6 percent less in Phoenix, below-median salaries for those in this field.

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

Negotiation
up arrow 4%

Claim Handling
up arrow 2%

National Average
$47,000

Customer Service
up arrow 1%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 347 votes.

Gender

Female
49 %
Male
51 %

Years of Experience

Less than 1 year
10%
1-4 years
39%
5-9 years
24%
10-19 years
19%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 81%
vision benefits Vision: 68% employee benefits None: 9%
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