Insurance Claims Adjuster in Indianapolis Salary
How much does an Insurance Claims Adjuster make in Indianapolis, IN? An Insurance Claims Adjuster in Indianapolis earns an average of $52,824 annually. This is 3% higher than the national average for an Insurance Claims Adjuster which is $51,094 per year. Salaries for an Insurance Claims Adjuster in Indianapolis range from $42,412 per year to $63,932 per year. Total Annual Pay, which includes salary, bonus, profit sharing, and overtime for an Insurance Claims Adjuster in Indianapolis ranges from $43,012 to $68,846 annually. Among those reporting, there is an average job satisfaction rating of 4 out of 5 stars. Among those reporting, there is a fairly even distribution of men (50%) and woman (50%) filling this role in Indianapolis. In Indianapolis, an Insurance Claims Adjuster often enjoys medical, dental, and vision benefits provided by their employer.
|Salary||$42,412 - $63,932|
|Bonus||$511 - $9,787|
|Total Pay (||$43,012 - $68,846|
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.Read More...
Insurance claim adjusters must be well organized while they evaluate claims and report to final disposition. They are responsible for securing needed items for investigation and gaining access to coverage, liability, and damages. They assess value of claims and negotiate settlements.
Insurance claim adjusters must be able to make sound decisions. Additionally, they need to be proficient in basic computer software such as Microsoft Excel; they also must have strong verbal and written communication skills. Insurance claim adjusters must be able to work independently and be a self-starter.
In terms of formal education, insurance claim adjusters may or may not need a postsecondary degree, depending on the company. Many companies do require some sort of claim experience. Insurance claim adjusters may work a variety of hours, as many claims departments offer 24-hour service; these adjusters may work nights, weekends, and holidays. Also some adjusters may be required to travel to examine damage firsthand. (Copyright 2017 PayScale.com)
Insurance Claims Adjuster Tasks
- Investigate and analyze insurance claims to determine extent of insurance company's liability.
- Negotiate settlement of claims, calculate and authorize payment of claim settlements in accordance with policy and coverage.
- Compile information derived from correspondence with claimant, witnesses and medical specialists.
Insurance Claims Adjuster Job Listings
Key Stats for Insurance Claims Adjuster
Rated 4 out of 5
based on 3 votes.