Senior Claims Adjusters rake in the most money, with average earnings of $68K per year; Information Security Analysts come in second with average earnings amounting to about $53K, while Insurance Claims Adjusters and Claims Adjusters rank near the top as well (approximately $52K and around $51K, respectively). American Family Insurance Group hands out some of the smallest paychecks to Customer Service Representatives ($29K on average).
Years of Experience
Respondents who have been working for five to nine years make $72K annually on average. When we consider tenure, a substantial portion of employees (29 percent) have been working for one to four years and make $56K per year on average.
When it comes to location, the highest average paycheck (approximately $78K annually) can be spotted in Madison, Wisc.; Colorado Springs, Colo. ($73K), Denver, Colo. ($71K), and Minneapolis, Minn. (about $62K) are the next top-paying cities. Expected earnings are below average (around $55K) in St. Joseph, Mo., one of the lowest-paid cities. Within the firm, employees working in Wisconsin take home the most — about $77K per year on average.
Certifications and Degrees
Certified ScrumMasters are compensated at a much higher rate than non-authorized workers, bringing in close to $101K annually. Earning a Project Management Professional certification garners significant financial rewards of around $92K per year on average. American Family Insurance Group provides the highest financial reward to those with a Doctor of Philosophy (PhD) — these employees rake in $150K annually.
In this position, it pays to have Project Management in your toolkit; employees who claim proficiency enjoy a higher median salary of approximately $85K per year. Customer Service is considered a run-of-the-mill skill; close to a fourth of American Family Insurance Group's people use it regularly. Key skills also include Insurance, Claim Handling, and Negotiation.
Benefits and Perks
Benefits packages do tend to lack paid time off; American Family Insurance Group gives paid vacation days to 30 percent and sick leave to one in five workers. Employees looking to save up for old age can choose from several options including a 401(k) plan and a company pension plan. Perks cover health insurance for a majority of respondents and dental coverage for over one-half of workers. Privileges also include a casual working environment, flexible hours, and life insurance.