Insurance Claims Specialist at State Farm Insurance Company Salary

The average pay for an Insurance Claims Specialist at State Farm Insurance Company is $57,661 per year.

$38,810 - $88,410
$39K
$58K
$88K
MEDIAN: $57,661
10%
50%
90%

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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$31K$62K$93K
Salary
$38,810 - $88,410  
   
Bonus
$2,013 - $8,204  
Profit Sharing
$400.00  
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).
)
$41,790 - $92,200  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 32

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Pay by Experience Level for Insurance Claims Specialist

Pay by Experience for an Insurance Claims Specialist has a positive trend. An entry-level Insurance Claims Specialist with less than 5 years of experience can expect to earn an average total compensation of $47,000 based on 15 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Insurance Claims Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $52,000 based on 6 salaries. An experienced Insurance Claims Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $83,000 based on 10 salaries. An Insurance Claims Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $86,000 based on 15 salaries.

Key Stats for Insurance Claims Specialist

Gender

Female
40 %
Male
60 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 12 votes.
1-4 years
33%
5-9 years
14%
10-19 years
11%
20 years or more
42%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Insurance Claims Specialist Salaries

▲38%

Experienced
▲34%

National Average
$62,000

Mid-Career
▼16%

▼25%

Skills That Affect Insurance Claims Specialist Salaries

National Average
$62,000


▼9%


Insurance
▼14%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 12 votes.

Gender

Female
40 %
Male
60 %

Years of Experience

1-4 years
33%
5-9 years
14%
10-19 years
11%
20 years or more
42%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 89%
vision benefits
Vision: 80%
no benefits
None: 9%