Claims Examiner III Salary in Chicago, Illinois

How much does a Claims Examiner III make in Chicago, IL? The average Claims Examiner III salary in Chicago, IL is $85,691 as of May 25, 2023, but the range typically falls between $75,336 and $96,503. 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. 

About Chicago, Illinois    Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

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Job Description

Reviews, evaluates, and processes insurance claims and makes recommendations for resolution. Examines and authorizes insurance claims investigated by insurance adjusters. Studies reports prepared by adjusters and similar claims to determine the extent of insurance coverage and validity of the claim. Communicates with agents, claimants, and policy holders. Determines settlement according to organization practices and procedures. May require a bachelor's degree. Typically reports to a supervisor or manager. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4 -7 years of related experience. (Copyright 2023 Salary.com)

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Step of 3

Understand the total compensation opportunity for a Claims Examiner III, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
75336
96503
85691

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
78953
101554
89478
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Claims Examiner III in Chicago, IL. The base salary for Claims Examiner III ranges from $75,336 to $96,503 with the average base salary of $85,691. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $78,953 to $101,554 with the average total cash compensation of $89,478.
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75336
96503

 

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Career Path for this job

  1. Down a level:

    Claims Examiner II

    2 - 4 years experience
    Bachelor's Degree

  2. This Job:

    Claims Examiner III

    4 - 7 years experience
    Bachelor's Degree

  3. Up a level:

    Claims Examiner IV

    7 + years experience
    Bachelor's Degree

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Job Openings for Claims Examiner III in Chicago, IL