How much does a Top Claims Executive make in Illinois? The average Top Claims Executive salary in Illinois is $245,915 as of February 26, 2024, but the range typically falls between $207,658 and $285,148. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Top Claims Executive Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Top Claims Executive Salary $172,828 IL February 26, 2024
25th Percentile Top Claims Executive Salary $207,658 IL February 26, 2024
50th Percentile Top Claims Executive Salary $245,915 IL February 26, 2024
75th Percentile Top Claims Executive Salary $285,148 IL February 26, 2024
90th Percentile Top Claims Executive Salary $320,867 IL February 26, 2024
25% $207,658 10% $172,828 90% $320,867 75% $285,148 $245,915 50%(Median) Didn’t find job title? Click
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What skills does a Top Claims Executive need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

2.

Claim Handling: involved in managing a claim from the start through to settlement, making decisions on the extent and validity of a claim, and checking for any potential fraudulent activity.

3.

Prospecting: Prospecting is the first stage of the geological analysis (second – exploration) of a territory. It is the physical search for minerals, fossils, precious metals or mineral specimens, and is also known as fossicking. Prospecting is a small-scale form of mineral exploration which is an organised, large scale effort undertaken by commercial mineral companies to find commercially viable ore deposits. Prospecting is physical labour, involving traversing (traditionally on foot or on horseback), panning, sifting and outcrop investigation, looking for signs of mineralisation. In some areas a prospector must also make claims, meaning they must erect posts with the appropriate placards on all four corners of a desired land they wish to prospect and register this claim before they may take samples. In other areas publicly held lands are open to prospecting without staking a mining claim.

Leadership 0.01%
Claim Handling 0.01%
Prospecting 0.01%
Others 99.97%

Job Description for Top Claims Executive

Top Claims Executive plans and directs all aspects of an organization's insurance claims function. Responsible for managing and implementing claims programs for all lines of insurance. Being a Top Claims Executive directs the review and settlement of complex or high dollar claims. Develops procedures and policies to enhance and improve the processing, investigation, and settlement of claims. Additionally, Top Claims Executive ensures legal examinations are made when appropriate. Requires a bachelor's degree. Typically reports to top management. The Top Claims Executive manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Comprehensive knowledge of the overall departmental function. To be a Top Claims Executive typically requires 8+ years of managerial experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Top Claims Executive in Illinois

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Location Avg. Salary Date Updated
Location Cicero, IL Avg. Salary $252,473 Date Updated February 26, 2024
Location Mount Prospect, IL Avg. Salary $251,611 Date Updated February 26, 2024
Location Abingdon, IL Avg. Salary $226,988 Date Updated February 26, 2024
Location Adair, IL Avg. Salary $229,736 Date Updated February 26, 2024
Location Addieville, IL Avg. Salary $233,733 Date Updated February 26, 2024
Location Addison, IL Avg. Salary $251,611 Date Updated February 26, 2024
Location Akin, IL Avg. Salary $224,774 Date Updated February 26, 2024
Location Albany, IL Avg. Salary $223,097 Date Updated February 26, 2024
Location Albers, IL Avg. Salary $233,733 Date Updated February 26, 2024
Location Albion, IL Avg. Salary $219,782 Date Updated February 26, 2024
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Top Claims Executive Salary in Illinois
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