Claims Director Salary

Wages for Claims Directors in the United States are generous, with average pay above six figures ($98K) per year. Residence is the biggest factor affecting pay for this group, followed by experience level. Women make up a slight majority of Claims Directors (52 percent) survey respondents. Most receive medical and dental insurance and the larger part get vision insurance. Most Claims Directors like their work and job satisfaction is high. This report is based on responses to the PayScale salary survey.

$61,985 - $128,655

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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$50K$100K$150K
Salary
$61,985 - $128,655  
   
Bonus
$0.00 - $24,717  
Profit Sharing
$2,000 - $16,750  
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).
)
$62,618 - $143,607  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 166
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Job Description for Claims Director

Claims directors work within insurance companies and are responsible for responding to various claims made by its customers. Claims directors generally work in office environments during traditional business hours, although overtime may occasionally be required depending on the employer.

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Claims Director Tasks

  • Modify, monitor and improve dashboards and metrics for understanding claims process and progress.
  • Establish policies that conform to regulations, meet industry standards and satisfy customers.
  • Oversee a department, setting goals, guiding hiring and monitoring the budget.
  • Partner with executive leadership to meet goals and achieve organizational strategies.

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Popular Skills for Claims Director


Claims Directors who responded to the survey report just a handful of professional skills. Those who have experience with Operations Management, Claim Handling, and People Management can expect to be compensated well for these skills. Skills that are correlated to lower pay, on the other hand, include People Management. Those proficient in Claim Handling are, more often than not, also skilled in Operations Management.

Related Job Salaries

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Experience Affects Claims Director Salaries


National Average
$101,000

Experienced
up arrow 5%

Mid-Career
up arrow 14%

Skills That Affect Claims Director Salaries

Operations Management
up arrow 18%

Claim Handling
0%

National Average
$101,000

People Management
up arrow 3%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 30 votes.

Gender

Female
52 %
Male
48 %

Years of Experience

1-4 years
2%
5-9 years
10%
10-19 years
33%
20 years or more
55%

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 84%
vision benefits Vision: 70% employee benefits None: 8%
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