Claims Director Salary in the United States

How much does a Claims Director make in the United States? The average Claims Director salary in the United States is $141,393 as of April 27, 2019, but the range typically falls between $121,164 and $161,066. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View the Cost of Living in Major Cities

Job Description

Claims Director 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. Being a Claims Director is 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. Additionally, Claims Director requires a bachelor's degree. Typically reports to top management. The Claims Director 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. To be a Claims Director typically requires 5+ years of managerial experience. (Copyright 2019 Salary.com)

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Average Base Salary

Core compensation

 
 
 
121164
161066
141393

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
137706
201721
166205
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Claims Director in the United States. The base salary for Claims Director ranges from $121,164 to $161,066 with the average base salary of $141,393. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $137,706 to $201,721 with the average total cash compensation of $166,205.
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121164
161066

 

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Career Path for this job

  1. Down a level:

    Claims Manager


    Bachelor's Degree

  2. This Job:

    Claims Director


    Bachelor's Degree

  3. Up a level:

    Top Claims Executive


    Bachelor's Degree

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