How much does a Claims Director in Palatine,
IL make? The median annual Claims Director salary in Palatine,
IL is $135,603, as of September 27, 2017, with a range usually between
$116,190-$154,485 not including bonus and benefit information
and other factors that impact base pay. However, the salary for someone with the title Claims Director may vary depending on a number of factors including industry,
company size, location, years of experience and level of education. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title
Claims Director in Palatine, IL.
This chart describes the expected percentage of people who perform the job of Claims Director in the United States that make less than that annual salary. For example the median expected annual pay for a typical Claims Director in the United States is $135,603 so 50% of the people who perform the job of Claims Director in the United States are expected to make less than $135,603.
Source: HR Reported data as of September 27, 2017
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This chart describes the expected percentage of people who perform the job of Claims Director in Palatine, IL that make less than that salary. For example 50% of the people who perform the job of Claims Director in Palatine are expected to make less than the median.
Source: HR Reported data as of October 2017
Directs and oversees the operations of an insurance claims department to meet operation, financial, and service requirements. Provides guidance and sets policies on insurance claims for personal, property, or casualty loss based on coverage, appraisal, and verifiable damage. Responsible for the strategic processing and payment of claims Keeps abreast of any changes to legislation and regulations which pertain to insurance claims. Provides guidance to subordinates on the most complex claims. Requires a bachelor's degree. Typically reports to top management. Manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. Typically requires 5+ years of managerial experience. View full job description