Claims Supervisor, Insurance Salary

Between two-thirds and three-fourths of Insurance Claims Supervisors in the United States have been in the field for more than 10 years. Pay can fall anywhere from $45K to $94K per year, but median earnings come to around $71K annually. In the world of Insurance Claims Supervisors, overall income ranges from $45K near the bottom to $94K at the top; this can include more than $12K from bonuses and more than $12K from profit sharing in exceptional cases. Compensation for this group is mainly affected by residence, but the specific employer and experience level are influential factors as well. Job satisfaction is reported as high by the vast majority of workers. Medical benefits are awarded to most, and a strong majority earn dental coverage. There are more female Insurance Claims Supervisors who answered the questionnaire than male, making up 63 percent. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$48,661 - $91,539
$49K
$71K
$92K
MEDIAN: $70,678
10%
50%
90%

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$14.89 - $27.82
$15
$19
$28
MEDIAN: $18.61
10%
50%
90%

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$0$93K
Salary $48,661 - $91,539
Bonus $1,521 - $12,108
Profit Sharing $2,500 - $11,500
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).
)
$44,675 - $93,829
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 237
Hourly Data $0$68
Hourly Rate $14.89 - $27.82
Overtime $36.00
Annual Data $0$93K
Bonus $1,521 - $12,108
Profit Sharing $2,500 - $11,500
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).
)
$44,675 - $93,829
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 26

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Job Description for Claims Supervisor, Insurance

Insurance claims supervisors are responsible for managing their claims adjusters to ensure they are performing their duties to the supervisor’s satisfaction. They also help evaluate claims cases to decide whether payment would be justified; if they believe payment is justified, then the supervisor or their subordinates process the claims and submit the payment. These supervisors also meet with legal counsel if a case requires litigation. Another task performed by insurance claims supervisors is interviewing individuals who submit claims, as well as other people who are involved with the case, such as doctors, employers, and witnesses.

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Claims Supervisor, Insurance Tasks

  • Assist in hiring, training and reviewing performance of staff.
  • Perform routine quality control inspections of work performed.
  • Supervise the claims staff; interpret and ensure consistence application of departmental and company policies, practices and procedures.
  • Investigates out of guidelines inquiries, and ensures compliance to procedures, proper services and settlement of claims.

Common Career Paths for Claims Supervisor, Insurance


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Many Insurance Claims Supervisors move into an Insurance Claims Manager role, which does not lead to a big boost in pay. Insurance Claims Managers on average bring in a similar salary to Insurance Claims Supervisors. Becoming a Claims Supervisor or a Claims Manager is often the next step for an Insurance Claims Supervisor.

Claims Supervisor, Insurance Job Listings

Popular Employer Salaries for Claims Supervisor, Insurance


For Insurance Claims Supervisors, comfortable salaries can be found at The Hartford Financial Services Group, Inc.; in fact, median earnings sit around $88K, the highest in the area.

Popular Skills for Claims Supervisor, Insurance


Insurance Claims Supervisors who responded to the survey indicated only a few skills that they use on the job. Most notably, skills in People Management, Insurance, Claim Handling, and Training are correlated to pay that is above average. Those familiar with Claim Handling also tend to know Training.

Pay by Experience Level for Claims Supervisor, Insurance

Pay by Experience for a Claims Supervisor, Insurance has a positive trend. An entry-level Claims Supervisor, Insurance with less than 5 years of experience can expect to earn an average total compensation of $52,000 based on 54 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Claims Supervisor, Insurance with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $68,000 based on 69 salaries. An experienced Claims Supervisor, Insurance which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $73,000 based on 113 salaries. A Claims Supervisor, Insurance with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $75,000 based on 73 salaries.

Related Job Salaries

Key Stats for Claims Supervisor, Insurance

Gender

Female
63 %
Male
37 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 64 votes.
Less than 1 year
0%
1-4 years
14%
5-9 years
14%
10-19 years
41%
20 years or more
31%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Claims Supervisor, Insurance Salaries

▲7%

▲4%

National Average
$70,000

▼4%

▼26%

Skills That Affect Claims Supervisor, Insurance Salaries



▲1%

▲1%

National Average
$70,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 64 votes.

Gender

Female
63 %
Male
37 %

Years of Experience

Less than 1 year
0%
1-4 years
14%
5-9 years
14%
10-19 years
41%
20 years or more
31%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 79%
vision benefits
Vision: 72%
no benefits
None: 11%
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