£30,861
Avg. Salary
Avg. Hourly Rate

Average additional compensation:

£3,034

Bonus

£0.00

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Claims Manager is {{pay}} per hour.

The average pay for a Claims Manager is £30,861 per year.

£0.00
10%
£0.00
50%
£0.00
90%
MEDIAN £0.00
£20k
10%
£31k
50%
£57k
90%
MEDIAN £30,861
£19,510 - £57,103
£20K
£31K
£57K
MEDIAN: £30,861
10%
50%
90%
£0£60K
Salary £19,510 - £57,103
Bonus £604 - £10,137
Profit Sharing £0.00
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).
)
£20,379 - £60,163
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 21 Feb 2019
  • Individuals Reporting: 82

Job Description for Claims Manager

A claims manager works in the insurance industry to coordinate and expedite the processing of customers' claims. The claims manager usually holds a management position with oversight for claims processes, helping ensure that any instances of misappropriation or fraud do not occur.

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Claims Manager Job Listings

Pay by Experience Level for Claims Manager

Pay by Experience for a Claims Manager has a positive trend. An entry-level Claims Manager with less than 5 years of experience can expect to earn an average total compensation of ₤29,000 based on 13 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Claims Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of ₤29,000 based on 16 salaries. An experienced Claims Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of ₤40,000 based on 18 salaries. A Claims Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of ₤60,000 based on 7 salaries.

Claims Manager Advice

Q: What is it like working as a Claims Manager?

Claims Manager in London:
"Work Hard, Play Hard In That Order."
Learn excel and possess actuarial skills, influence and be able to drive though change, resilience, collaboration and innovation are key to ensuring you can deliver continuous improvement with what we have- rather than looking for cost solutions look for process solutions. Good Business people either sell or save, good claims people do both.

Related Job Salaries

Key Stats for Claims Manager

Gender

Female
26 %
Male
74 %
1-4 years
27%
5-9 years
20%
10-19 years
31%
20 years or more
22%

Experience Affects Claims Manager Salaries

Late-Career
▲90%

Experienced
▲27%

National Average
₤32,000

Mid-Career
▼7%

Entry-Level
▼7%

Gender

Female
26 %
Male
74 %

Years of Experience

1-4 years
27%
5-9 years
20%
10-19 years
31%
20 years or more
22%

Common Health Benefits

medical benefits
Medical: 42%
dental benefits
Dental: 19%
vision benefits
Vision: 27%
no benefits
None: 52%