Senior Claim Counsel Salary
Pay for Senior Claim Counsels in the United States sits in the ballpark of $113K per year. Medical and dental coverage is claimed by a large number, and most earn vision coverage. 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. Most Senior Claim Counsels report high levels of job satisfaction. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
|Salary||$77,996 - $166,900|
|Total Pay (||$77,998 - $197,542|
Job Description for Senior Claim Counsel
A senior claims counsel is responsible for providing timely and accurate legal advice, reviews, and other legal services for their organizations. They must be able to provide legal advice on a broad array of topics while also having a specialization, and they are also tasked with leading and managing projects which require business acumen and detailed knowledge of legal procedures. Rapid responses and solutions to daily complications are also important, so they must have working knowledge of legal issues and business practices in order to solve problems promptly.Read More...
Strong interpersonal and organizational skills are important in this position to ensure cooperation between departments and legal teams on joint-led tasks, and they may also be responsible for evaluating any training needs within the company and implementing procedures to keep other departments up-to-date. They may also work with other legal entities outside the company on occasion.
A juris doctor or equivalent degree and at least seven years of experience in cooperate law development, government, contract administration, or risk management are generally required for this position, and a senior claims counsel can expect to work more than forty hours per week while minimal travel is occasionally necessary.
Senior Claim Counsel Tasks
- Represent the organization in mediations, court proceedings and other situations.
- Recommend external counsel and assist in the transition of cases.
- Evaluate ongoing and emergent liability and litigation to determine need for outside counsel.
- Review and negotiate liability, settlement and expense allowances.
Pay by Experience Level for Senior Claim Counsel
Pay by Experience for a Senior Claim Counsel has a positive trend. An entry-level Senior Claim Counsel with less than 5 years of experience can expect to earn an average total compensation of $78,000 based on 15 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Senior Claim Counsel with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $102,000 based on 9 salaries. An experienced Senior Claim Counsel which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $127,000 based on 8 salaries. A Senior Claim Counsel with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $135,000 based on 7 salaries.
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Key Stats for Senior Claim Counsel
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