The average Insurance Claims Adjuster in the United States can expect to rake in roughly $49K per year. Total incomes of Insurance Claims Adjusters incorporate potential for, in a few cases, more than $8K from bonuses and close to $8K from profit sharing; these performance components cause packages to range between $34K and $73K. The most important factor affecting compensation for this group is the particular firm, followed by tenure and geography. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to a strong majority. Job satisfaction is reported as high by the vast majority of workers. Men working as Insurance Claims Adjusters who took the survey just slightly outnumber women at 51 percent.

$36,255 - $71,895
(Median)
$36K
$49K
$72K
MEDIAN: $49,483
10%
50%
90%

Add this chart to your site: 640px    300px

$13.67 - $27.11
(Median)
$14
$18
$27
MEDIAN: $18.00
10%
50%
90%

Add this chart to your site: 640px    300px

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$25K$50K$75K
Salary
$36,255 - $71,895  
   
Bonus
$0.00 - $7,635  
Profit Sharing
$0.00 - $8,243  
Commission
$8,090  
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).
)
$34,377 - $73,282  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 979
National Hourly Rate 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$17$34$51
Hourly Rate
$13.67 - $27.11  
   
Overtime
$22.05 - $48.69  
National Annualized 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
Bonus
$0.00 - $7,635  
   
Commission
$8,090  
Profit Sharing
$0.00 - $8,243  
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).
)
$34,377 - $73,282  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 185
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Employers: Start Here »

Job Description for Insurance Claims Adjuster

Insurance claims adjusters are responsible for investigating accidents to determine liability. They do this by having phone conversations with customers, obtaining police reports, and negotiating damage settlements. They document claim activity and provide fair settlement and claim resolutions to customers. The insurance claim adjuster must work to help customers feel satisfied while making cost-effective decisions that benefit their business.

Read More...

Insurance 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 Insurance Claims Adjuster


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


Insurance Claims Adjusters may progress into high-paying roles like Attorney, where median compensation is $81K annually. Insurance Claims Adjusters most often advance into Claims Examiner or Investigator and Claims Adjuster positions even though the median salaries are $4K lower and $2K lower, respectively.

Insurance Claims Adjuster Job Listings

Search for more jobs:

Popular Employer Salaries for Insurance Claims Adjuster


Leading companies who hire large numbers of Insurance Claims Adjusters include Allstate, State Farm Insurance Company, Progressive Casualty Insurance Company, Geico, and The Travelers Companies, Inc. Insurance Claims Adjusters flock to Nationwide Mutual Insurance Company for generous paychecks, where average earnings of $59K lead the pack in compensation; however, Nationwide Mutual Insurance Company also provides employees with a wide spectrum of compensation ranging from $39K at one end to $71K at the other end. Other employers shelling out big bucks include The Travelers Companies, Inc., Progressive Casualty Insurance Company, and Allstate, where Insurance Claims Adjusters typically earn around $58K, $54K, or $53K, respectively.

Esurance, Inc., Metropolitan Life Insurance Company (MetLife), and Usaa Insurance are a few other employers known for handing out relatively lightweight salaries ($41K, $44K, and $44K respectively).

Popular Skills for Insurance Claims Adjuster


Insurance Claims Adjusters seem to require a number of specific skills. Most notably, skills in Litigation Case Management, Construction Estimating, Negotiation, and Claim Handling are correlated to pay that is above average, with boosts between 6 percent and 18 percent. Those familiar with Claim Handling also tend to know Negotiation.

Pay by Experience Level for Insurance Claims Adjuster

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


Insurance Claims Adjusters with a lot of experience do not necessarily enjoy more money. The average worker who claims fewer than five years of experience earns around $44K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $53K. Insurance Claims Adjusters who work for 10 to 20 years in their occupation tend to earn about $57K. Survey participants who have spent more than 20 years on the job report a predictably higher median income of $65K, demonstrating that compensation is roughly commensurate with experience in the end.

Pay Difference by Location

National Average: $48,944

Larger city markers indicate a job is popular in that location.

For Insurance Claims Adjusters, working in the bustling city of Minneapolis has its advantages, including an above-average pay rate. Insurance Claims Adjusters will also find cushy salaries in Dallas (+11 percent), Denver (+10 percent), Chicago (+8 percent), and Miami (+6 percent). Tampa is the lowest-paying area, 18 percent south of the national average. Employers pay around 15 percent less in Orlando and 13 percent less in Des Moines, below-median salaries for those in this field.

Insurance Claims Adjuster Reviews

What is it like working as an Insurance Claims Adjuster?

Insurance Claims Adjuster in Hot Springs:
"Puzzles and People."
Pros: It's always different- no two claims are alike! It's very challenging to piece the claim together but rewarding all the same.
Cons: It can be a lot of drive time depending on your territory. It's also easy to get behind and then get overloaded and be up to midnight working during storm season.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Employers: Start Here »

Experience Affects Insurance Claims Adjuster Salaries




National Average
$49,000


Skills That Affect Insurance Claims Adjuster Salaries

Litigation Case Management
up arrow 18%



Claim Handling
up arrow 3%

Insurance
up arrow 1%

Customer Service
0%

National Average
$49,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 163 votes.

Gender

Female
49 %
Male
51 %

Years of Experience

Less than 1 year
10%
1-4 years
40%
5-9 years
19%
10-19 years
19%
20 years or more
12%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 78%
medical benefits
Vision: 71%
dental benefits
None: 11%
ADVERTISEMENT