$50,786
Avg. Salary
$18.54
Avg. Hourly Rate

Average additional compensation:

$2,406

Bonus

$3,048

Profit Sharing

$8,193

Commission

What am I worth?
How should I pay?

The average pay for an Insurance Claims Adjuster is $18.54 per hour.

The average pay for an Insurance Claims Adjuster is $50,786 per year.

10%
$13.77
10%
$18.54
50%
$27.42
90%
90%
MEDIAN $18.54
10%
$38k
10%
$51k
50%
$73k
90%
90%
MEDIAN $50,786
$37,955 - $73,352
$38K
$51K
$73K
MEDIAN: $50,786
10%
50%
90%

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$13.77 - $27.42
$14
$19
$27
MEDIAN: $18.54
10%
50%
90%

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$0$74K
Salary $37,955 - $73,352
Bonus $254 - $7,184
Profit Sharing $592 - $8,052
Commission $8,193
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).
)
$34,853 - $74,212
  • Country: United States
  • Currency: USD
  • Updated: 16 Apr 2019
  • Individuals Reporting: 1,497
Hourly Data $0$50
Hourly Rate $13.77 - $27.42
Overtime $23.13 - $50.33
Annual Data $0$74K
Bonus $254 - $7,184
Commission $8,193
Profit Sharing $592 - $8,052
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).
)
$34,853 - $74,212
  • Country: United States
  • Currency: USD
  • Updated: 16 Apr 2019
  • Individuals Reporting: 351

Job Description for Insurance Claims Adjuster

Insurance claims adjusters are responsible for investigating accidents to determine liability. They do this by having phone conversations with customers, obtaining police reports, and negotiating damage settlements. They document claim activity and provide fair settlement and claim resolutions to customers. The insurance claim adjuster must work to help customers feel satisfied while making cost-effective decisions that benefit their business.

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Popular Employer Salaries for Insurance Claims Adjuster


Leading companies who hire large numbers of Insurance Claims Adjusters include Allstate, State Farm Insurance Company, Progressive Casualty Insurance Company, Farmers Insurance Group, and Geico. Nationwide Mutual Insurance Company attracts talent by shelling out the biggest paychecks in the area — the median in that office is $61K. Those in search of high salaries should also consider The Travelers Companies, Inc., American Family Insurance Group, and Progressive Casualty Insurance Company, top-paying firms where Insurance Claims Adjusters rake in a $57K, $54K, or $54K, respectively.

Workers at Esurance, Inc., Usaa Insurance, and Geico also face smaller salaries than the rest of the field — average earnings for these employers come to $41K, $41K, and $46K respectively.

Common Career Paths for Insurance Claims Adjuster


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At the upper end, Insurance Claims Adjusters who move into an Attorney role can end up with a hefty increase in pay. The average income for Attorneys is a much higher $81K per year. Insurance Claims Adjusters most frequently advance into Claims Examiner or Investigator and Claims Adjuster roles even though the median salaries are $5K lower and $3K lower, respectively.

Insurance Claims Adjuster Job Listings

Popular Skills for Insurance Claims Adjuster


Insurance Claims Adjusters report using a diverse set of skills on the job. Most notably, facility with Litigation Case Management, Construction Estimating, and Negotiation are correlated to pay that is significantly above average, leading to increases of 31 percent, 14 percent, and 5 percent, respectively. For most people, competency in Claim Handling indicates knowledge of Negotiation.

Pay by Experience Level for Insurance Claims Adjuster

Pay by Experience for an Insurance Claims Adjuster has a positive trend. An entry-level Insurance Claims Adjuster with less than 5 years of experience can expect to earn an average total compensation of $44,000 based on 656 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Insurance Claims Adjuster with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $53,000 based on 293 salaries. An experienced Insurance Claims Adjuster which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $59,000 based on 278 salaries. An Insurance Claims Adjuster with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $67,000 based on 136 salaries.

Pay Difference by Location

18%

15%

10%

8%

-2%

-11%

-15%

-18%

-22%

National Average: $50,155

Larger city markers indicate a job is popular in that location.

New York is home to an above-average pay rate for Insurance Claims Adjusters, 19 percent higher than the national average. Insurance Claims Adjusters can also look forward to large paychecks in cities like Minneapolis (+17 percent), Denver (+15 percent), Dallas (+10 percent), and Chicago (+8 percent). Location is a huge contributor to overall pay, with Insurance Claims Adjusters in Tampa earning a whopping 22 percent below the national average. Two other places where employers offer below-median salaries are Orlando (18 percent less) and Des Moines (14 percent less).

Related Job Salaries

Key Stats for Insurance Claims Adjuster

Gender

Female
51 %
Male
49 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 320 votes.
Less than 1 year
9%
1-4 years
41%
5-9 years
19%
10-19 years
19%
20 years or more
12%

Experience Affects Insurance Claims Adjuster Salaries

▲34%

▲17%

▲6%

National Average
$50,000

▼13%

Skills That Affect Insurance Claims Adjuster Salaries

Litigation Case Management
▲31%


▲4%


▼0%

National Average
$50,000

Customer Service
▼2%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 320 votes.

Gender

Female
51 %
Male
49 %

Years of Experience

Less than 1 year
9%
1-4 years
41%
5-9 years
19%
10-19 years
19%
20 years or more
12%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 77%
vision benefits
Vision: 69%
no benefits
None: 13%