Workers' Compensation Administrator Salary
Workers' Compensation Administrators in the United States take home an average $53K per year. Residence and experience level each impact pay for this group, with the former having the largest influence. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to a strong majority. The majority of workers are highly satisfied with their job. There are far more female Workers' Compensation Administrators who answered the questionnaire than men, making up 87 percent. Participants in PayScale's salary questionnaire provided the particulars of this report.
Job Description for Workers' Compensation Administrator
A workers' compensation administrator is responsible for overseeing workers' compensation claims and determining if the claims are valid. These administrators are also in charge of facilitating back-to-work programs that assist prospective employees and prove cost effective for their organization. They also help in finding modified-duty assignments for employees, as well as track employees' progress in those assignments. Additionally, workers' compensation administrators oversee preventative safety programs, work with management to develop relevant policies as needed, and perform other human resources duties as required. They must also stay up to date on all relevant rules and regulations at the state, federal, and company levels.Read More...
This is generally a full-time position that takes place in an office setting, although overtime may be required depending on the needs of the company and position.
Generally a workers' compensation administrator need to possess a bachelor's degree in a relevant field. Additionally, most employers require a minimum of three to five years of experience in workers' compensation. Workers compensation administrators also need to be proficient with basic computer programs, have good interpersonal skills, and have strong communication skills. They should have an up-to-date knowledge on relevant laws and standard workers' compensation procedures as well.
Workers' Compensation Administrator Tasks
- Maintain, monitor and report on claims files and documentation.
- Coordinate and monitor eligible claims with TPA and insurers.
- Develop, coordinate, implement and administer work procedures and policies for workers' compensation claims.
- Track and review workers compensation claims to ensure they are in compliance with corporate policies and procedures, and regulatory reporting.
Workers' Compensation Administrator Job Listings
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Popular Skills for Workers' Compensation Administrator
Workers' Compensation Administrators report using a pretty varied skill set on the job. Most notably, skills in Case Management, Insurance, Benefits & Compensation, and Claim Handling are correlated to pay that is above average. Skills that pay less than market rate include Safety Compliance, Windows Operating System General Use, and Microsoft Excel. Most people skilled in Microsoft Excel are similarly competent in Benefits & Compensation and Windows Operating System General Use.
Pay by Experience Level for Workers' Compensation Administrator
Median of all compensation (including tips, bonus, and overtime) by years of experience.
For many Workers' Compensation Administrators, more experience generally translates to higher pay. Although individuals who have less than five years' experience earn $39K on average, people with five to 10 years benefit from a notably larger average of $50K. After working for 10 to 20 years, Workers' Compensation Administrators make a median salary of $54K. More than 20 years of experience seem related to solid financial gains; veterans in this group report earning a median of $62K.