Senior Claim Counsel Salary
Senior Claim Counsels in the United States take home an average $100K per year. Most workers in this position report high levels of job satisfaction. Male Senior Claim Counsels are far more common among survey respondents than their female counterparts, who typically comprise less than one-third of the field. A large number get medical and dental insurance, and most get vision plans, too. This overview is based on answers to PayScale's salary questionnaire.
Job Description for Senior Claim Counsel
- Evaluate ongoing and emergent liability and litigation to determine need for outside counsel.
- Review and negotiate liability, settlement and expense allowances.
- Represent the organization in mediations, court proceedings and other situations.
- Recommend external counsel and assist in the transition of cases.
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Pay by Experience Level for Senior Claim Counsel
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Senior Claim Counsels with a rich background of experience are typically rewarded with larger paychecks. Those who have worked for fewer than five years take home a median salary of $78K, and workers with five to 10 years of experience earn a higher $98K on average. Professionals who claim 10 to 20 years of experience can secure some pretty cushy paychecks; the median for this group is a six-figure $125K. Respondents who claim more than 20 years of experience may encounter pay that doesn't quite reflect their extensive experience; these veterans report a median income of around $132K.