Claims Supervisor, Insurance Salary

Insurance Claims Supervisors in the United States tend to be well-versed in their field, and more than two-thirds have more than 10 years of experience. Average salary is expected to be around $71K per year, but may range from $45K to $94K per year. Total cash earnings of Insurance Claims Supervisors range from $45K on the low end to $94K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $12K and $10K, respectively. Compensation for this group is mainly affected by location, but the company and experience level are influential factors as well. Most Insurance Claims Supervisors like their work and job satisfaction is high. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to a strong majority. The majority of Insurance Claims Supervisors (64 percent) who took the survey are women. The information for this snapshot was generated by responses to the PayScale salary survey.

$49,341 - $92,417
$49K
$72K
$92K
MEDIAN: $71,612
10%
50%
90%

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$14.95 - $29.03
$15
$20
$29
MEDIAN: $20.39
10%
50%
90%

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$0$95K
Salary $49,341 - $92,417
Bonus $1,932 - $12,411
Profit Sharing $2,500 - $14,000
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).
)
$46,036 - $95,230
  • Country: United States
  • Currency: USD
  • Updated: 20 Oct 2017
  • Individuals Reporting: 238
Hourly Data $0$57
Hourly Rate $14.95 - $29.03
Overtime $40.50
Annual Data $0$95K
Bonus $1,932 - $12,411
Profit Sharing $2,500 - $14,000
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).
)
$46,036 - $95,230
  • Country: United States
  • Currency: USD
  • Updated: 20 Oct 2017
  • Individuals Reporting: 28

Job Description for Claims Supervisor, Insurance

Insurance claims supervisors are responsible for managing their claims adjusters to ensure they are performing their duties to the supervisor’s satisfaction. They also help evaluate claims cases to decide whether payment would be justified; if they believe payment is justified, then the supervisor or their subordinates process the claims and submit the payment. These supervisors also meet with legal counsel if a case requires litigation. Another task performed by insurance claims supervisors is interviewing individuals who submit claims, as well as other people who are involved with the case, such as doctors, employers, and witnesses.

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Claims Supervisor, Insurance Tasks

  • Assist in hiring, training and reviewing performance of staff.
  • Perform routine quality control inspections of work performed.
  • Supervise the claims staff; interpret and ensure consistence application of departmental and company policies, practices and procedures.
  • Investigates out of guidelines inquiries, and ensures compliance to procedures, proper services and settlement of claims.

Common Career Paths for Claims Supervisor, Insurance


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Many Insurance Claims Supervisors move into an Insurance Claims Manager role, which does not lead to a big boost in pay. Insurance Claims Managers on average bring in a similar salary to Insurance Claims Supervisors. It is not uncommon for an Insurance Claims Supervisor to continue on to become a Claims Supervisor or a Claims Manager.

Claims Supervisor, Insurance Job Listings

Popular Employer Salaries for Claims Supervisor, Insurance


For Insurance Claims Supervisors, comfortable salaries can be found at The Hartford Financial Services Group, Inc.; in fact, median earnings sit around $88K, the highest in the area.

Popular Skills for Claims Supervisor, Insurance


Typical Insurance Claims Supervisors report a focused set of job skills. Most notably, skills in People Management, Insurance, Claim Handling, and Training are correlated to pay that is above average. Those educated in Claim Handling tend to be well versed in Training.

Pay by Experience Level for Claims Supervisor, Insurance

Pay by Experience for a Claims Supervisor, Insurance has a positive trend. An entry-level Claims Supervisor, Insurance with less than 5 years of experience can expect to earn an average total compensation of $52,000 based on 54 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Claims Supervisor, Insurance with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $68,000 based on 69 salaries. An experienced Claims Supervisor, Insurance which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $73,000 based on 113 salaries. A Claims Supervisor, Insurance with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $75,000 based on 73 salaries.

Related Job Salaries

Key Stats for Claims Supervisor, Insurance

Gender

Female
62 %
Male
38 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 71 votes.
Less than 1 year
0%
1-4 years
14%
5-9 years
13%
10-19 years
41%
20 years or more
32%

Experience Affects Claims Supervisor, Insurance Salaries

▲6%

▲3%

National Average
$71,000

▼5%

▼26%

Skills That Affect Claims Supervisor, Insurance Salaries



▼0%

▼0%

National Average
$71,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 71 votes.

Gender

Female
62 %
Male
38 %

Years of Experience

Less than 1 year
0%
1-4 years
14%
5-9 years
13%
10-19 years
41%
20 years or more
32%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 80%
vision benefits
Vision: 72%
no benefits
None: 11%