Claims Supervisor, Insurance Salary

Insurance Claims Supervisors in the United States tend to be well-versed in their field, and nearly three-fifths have more than 10 years of experience. Average salary is expected to be around $65K per year, but may range from $40K to $89K per year. Final cash compensation to Insurance Claims Supervisors varies from around $40K to approximately $89K; choice pay grades include potential for bonuses and profit sharing as high as $10K and $10K, respectively. Experience level and the particular city each impact pay for this group, with the former having the largest influence. For the most part, Insurance Claims Supervisors enjoy their work and report high levels of job satisfaction. A large number enjoy medical while most get dental coverage. Vision coverage is also available to a fair number. Participants in PayScale's salary questionnaire provided the particulars of this report.

$41,293 - $86,021
(Median)
$41K
$65K
$86K
MEDIAN: $64,786
10%
50%
90%

Add this chart to your site: 640px    300px

$15.72 - $30.57
(Median)
$16
$19
$31
MEDIAN: $18.00
10%
50%
90%

Add this chart to your site: 640px    300px

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$30K$60K$90K
Salary
$41,293 - $86,021  
   
Bonus
$0.00 - $9,845  
Profit Sharing
$1,919 - $10,406  
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).
)
$40,003 - $88,534  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 382
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
$15.72 - $30.57  
   
Overtime
$19.50 - $37.85  
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 - $9,845  
   
Profit Sharing
$1,919 - $10,406  
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).
)
$40,003 - $88,534  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 45
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

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.

Read More...

Claims Supervisor, Insurance Tasks

  • 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.
  • Assist in hiring, training and reviewing performance of staff.
  • Perform routine quality control inspections of work performed.

Common Career Paths for Claims Supervisor, Insurance


Add this chart to your site:   640px 640px    300px 300px


Many Insurance Claims Supervisors transition into upper-level Insurance Claims Manager positions. Insurance Claims Managers earn a median of $72K per year. Going from Insurance Claims Supervisor to Claims Supervisor is the transition that occurs most often in this field, and the average paycheck for Claims Supervisors is $63K. Many others choose to work as Claims Managers, where pay is typically $69K.

Claims Supervisor Job Listings

Search for more jobs:

Popular Skills for Claims Supervisor, Insurance


Insurance Claims Supervisors report a focused set of job skills. Training and Insurance are considered valuable skills and can increase employee pay by 7 percent and 5 percent, respectively. Most people who know Claim Handling also know Training.

Pay by Experience Level for Claims Supervisor, Insurance

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


Experience and income seem to be closely related; in general, the survey respondents who had worked for more years reported higher incomes. Those in the early stages of their career can expect to make around $49K; however, individuals with five to 10 years of experience bring in $63K on average — a distinctly larger sum. Insurance Claims Supervisors with one to two decades of relevant experience report an average salary of approximately $67K. More than 20 years of experience seem related to solid financial gains; veterans in this group report earning a median of $76K.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Claims Supervisor, Insurance Salaries



National Average
$64,000



Skills That Affect Claims Supervisor, Insurance Salaries



Claim Handling
up arrow 2%

National Average
$64,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 97 votes.

Gender

Female
59 %
Male
41 %

Years of Experience

Less than 1 year
1%
1-4 years
15%
5-9 years
26%
10-19 years
32%
20 years or more
27%

Common Health Benefits

medical benefits Medical: 89% dental benefits Dental: 83%
vision benefits Vision: 72% employee benefits None: 8%
ADVERTISEMENT