Claims Manager, Senior Salary in the United States

How much does a Claims Manager, Senior make in the United States? The average Claims Manager, Senior salary in the United States is $156,724 as of May 01, 2023, but the range typically falls between $138,009 and $178,796. 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

Manages the operations of an insurance claims department to meet operational, financial, and service requirements. Oversees the intake and processing of insurance claims for personal, property, or casualty loss based on coverage, appraisal, and verifiable damage. Manages appraisal and examination staff and processes. Assures timely and proper disposition of claims based on policy provisions. Recommends and implements best practices to ensure complete and thorough claim settlements, legal reviews, and investigations following company policies and insurance industry regulations. Determines the value of settlements for escalated claims. Manages negotiations of settlements and administration of claims in litigation. Typically requires a bachelor's degree. Typically reports to top management. Typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2023 Salary.com)

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Average Base Salary

Core compensation

 
 
 
138009
178796
156724

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
155183
217309
181916
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Claims Manager, Senior in the United States. The base salary for Claims Manager, Senior ranges from $138,009 to $178,796 with the average base salary of $156,724. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $155,183 to $217,309 with the average total cash compensation of $181,916.
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138009
178796

 

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Career Path for this job

  1. Down a level:

    Claims Manager

    5 + years experience
    Bachelor's Degree

  2. This Job:

    Claims Manager, Senior


    Bachelor's Degree

  3. Up a level:

    Claims Director


    Bachelor's Degree

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Job Openings for Claims Manager, Senior