Claims Manager, Senior Salary in the United States

How much does a Claims Manager, Senior make hourly in the United States? The average hourly wage for a Claims Manager, Senior in the United States is $76 as of May 25, 2023, but the range typically falls between $67 and $86. Hourly rate 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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Understand the total hourly compensation opportunity for a Claims Manager, Senior, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
67
86
76

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
75
105
88
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Claims Manager, Senior in the United States. The average hourly rate for Claims Manager, Senior ranges from $67 to $86 with the average hourly pay of $76. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $75 to $105 with the average total hourly cash compensation of $88.
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67
86

 

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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