Claims Supervisor, Insurance Salary

Close to three-fifths of Insurance Claims Supervisors in the United States are seasoned employees who have more than 10 years of experience in the field. Pay ranges from $40K to $88K per year, and the average comes out to $65K annually. Total cash compensation to Insurance Claims Supervisors bottoms out near $40K and approaches $88K on the high end; the biggest paychecks include approximately $10K from bonuses and almost $11K from profit sharing. Career duration is the biggest factor affecting pay for this group, followed by geography. Most report receiving medical coverage from their employers and a large number collect dental insurance. Job satisfaction is reported as high by the vast majority of workers. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$41,232 - $86,125
(Median)
$41K
$65K
$86K
MEDIAN: $64,772
10%
50%
90%

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$15.74 - $30.50
(Median)
$16
$19
$30
MEDIAN: $19.00
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$30K$60K$90K
Salary
$41,232 - $86,125  
   
Bonus
$0.00 - $9,816  
Profit Sharing
$1,250 - $11,000  
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).
)
$39,961 - $88,425  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 378
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
$15.74 - $30.50  
   
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 - $9,816  
   
Profit Sharing
$1,250 - $11,000  
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).
)
$39,961 - $88,425  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 46
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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

  • 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


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Moving into an Insurance Claims Manager position seems to be a popular career progression. Median pay for this job is $72K annually. Insurance Claims Supervisors go on to become Claims Supervisors more often than anything even though median pay for the role is $63K. Insurance Claims Supervisors who move into a Claims Manager role, another well-traveled path for those in this field, tend to find salaries of $69K.

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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. Training and Insurance are considered valuable skills and can increase employee pay by 6 percent and 5 percent, respectively. Most people experienced in 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.


In general, experience and pay appear to be strongly linked; those with more experience usually bring in 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 claiming one to two decades of experience make an estimated median of $66K. Old hands who claim more than two decades on the job enjoy average earnings of $76K.

Related Job Salaries

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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 95 votes.

Gender

Female
59 %
Male
41 %

Years of Experience

Less than 1 year
1%
1-4 years
15%
5-9 years
25%
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: 9%
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