Years of Experience
Five to nine years of work experience seem to result in median wages of $60K per year. When we consider tenure, a substantial portion of employees (41 percent) have been working for one to four years and make approximately $42K annually on average.
Claims Supervisors are the best paid with the average salary hovering at around $78K per year; Senior Claims Adjusters, Insurance Claims Adjusters, and Claims Examiners and Investigators also rank near the top of the list, pulling in $62K, $53K, and about $53K, respectively. Financial compensation for Disability Specialists is rather low — on average only $38K — relative to the rest of the company.
When it comes to location, the highest average paycheck ($55K annually) can be spotted in Memphis, Tenn.; Dallas, Texas ($53K), Southfield, Mich. (approximately $53K), and Minneapolis, Minn. (around $51K) are the next top-paying cities. Eden Prairie, Minn. ranks low on the pay scale — at about $42K, it is one of the lowest-paid cities. Sedgwick Claims Management Services, Inc. (Sedgwick CMS) workers in California earn the most — $74K per year on average.
Certifications and Degrees
Risk Management Associates earn $109K annually, far more than their non-accredited counterparts. Registered Pharmacists with credentials can live quite comfortably; median salaries come in at approximately $84K per year. It pays to have an Associate of Science (AS) at Sedgwick Claims Management Services, Inc. (Sedgwick CMS) — these employees make the most at $74K annually.
When it comes to skills, People Management seems to bolster pay the most; employees who claim proficiency also enjoy a median income of around $70K per year. A garden variety skill at Sedgwick Claims Management Services, Inc. (Sedgwick CMS) is Claim Handling; slightly more than half of Sedgwick Claims Management Services, Inc. (Sedgwick CMS)'s people use it regularly. Many workers are also familiar with Customer Service, Negotiation, and Insurance.
Benefits and Perks
Paid time off is in short supply here, with only 35 percent receiving paid vacation and a sixth of workers receiving paid sick days. A 401(k) program is available, and a large number of employees use it to save for retirement. Most respondents have health insurance, and benefits for a large number of respondents also include dental insurance. Advantages of working here also include a casual working environment, life insurance, tuition reimbursement, and flexible hours.