How much does a Workers' Compensation Claims Manager make in Oklahoma? The average Workers' Compensation Claims Manager salary in Oklahoma is $85,214 as of February 26, 2024, but the range typically falls between $76,851 and $96,310. 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.
Percentile | Salary | Location | Last Updated |
10th Percentile Workers' Compensation Claims Manager Salary | $69,237 | OK | February 26, 2024 |
25th Percentile Workers' Compensation Claims Manager Salary | $76,851 | OK | February 26, 2024 |
50th Percentile Workers' Compensation Claims Manager Salary | $85,214 | OK | February 26, 2024 |
75th Percentile Workers' Compensation Claims Manager Salary | $96,310 | OK | February 26, 2024 |
90th Percentile Workers' Compensation Claims Manager Salary | $106,412 | OK | February 26, 2024 |
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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.
Risk Management: Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.
Subrogation: Subrogation is the assumption by a third party of another party's legal right to collect a debt or damages. It is a legal doctrine whereby one person is entitled to enforce the subsisting or revived rights of another for one's own benefit.
Quality Audit: Quality audit is the process of systematic examination of a quality system carried out by an internal or external quality auditor or an audit team. It is an important part of an organization's quality management system and is a key element in the ISO quality system standard, ISO 9001. Quality audits are typically performed at predefined time intervals and ensure that the institution has clearly defined internal system monitoring procedures linked to effective action. This can help determine if the organization complies with the defined quality system processes and can involve procedural or results-based assessment criteria. With the upgrade of the ISO9000 series of standards from the 1994 to 2008 series, the focus of the audits has shifted from purely procedural adherence towards measurement of the actual effectiveness of the Quality Management System (QMS) and the results that have been achieved through the implementation of a QMS.
Workers' Compensation Claims Manager manages accountabilities in the administration of first and third party worker's compensation claims. Manages domestic and/or international claim management strategies critical to the organization's success. Being a Workers' Compensation Claims Manager is responsible for reporting, investigation, and analysis; litigation management; resolution/outcome management; and the delivery of claim information. Manages litigated and moderately complex claims and is entrusted with significant settlement authority. Additionally, Workers' Compensation Claims Manager creates and develops relationships with claims adjusters, insurers, outside legal counsel, and other claims related parties. Directs workers' compensation claims policies and procedures within the claim information analysis. Requires a bachelor's degree. Typically reports to a head of a unit/department. The Workers' Compensation Claims Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be a Workers' Compensation Claims Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2024 Salary.com)... View full job description
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Location | Avg. Salary | Date Updated |
---|---|---|
Location Achille, OK | Avg. Salary $90,825 | Date Updated February 26, 2024 |
Location Ada, OK | Avg. Salary $83,360 | Date Updated February 26, 2024 |
Location Adair, OK | Avg. Salary $86,945 | Date Updated February 26, 2024 |
Location Adams, OK | Avg. Salary $83,775 | Date Updated February 26, 2024 |
Location Addington, OK | Avg. Salary $80,285 | Date Updated February 26, 2024 |
Location Afton, OK | Avg. Salary $85,038 | Date Updated February 26, 2024 |
Location Agra, OK | Avg. Salary $83,360 | Date Updated February 26, 2024 |
Location Albany, OK | Avg. Salary $90,825 | Date Updated February 26, 2024 |
Location Albert, OK | Avg. Salary $77,600 | Date Updated February 26, 2024 |
Location Albion, OK | Avg. Salary $79,674 | Date Updated February 26, 2024 |
A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Workers' Compensation Claims Manager, the first career path typically progresses to E-commerce Risk Director.
The second career path typically progresses to Insurance Risk Director.
Additionally, the third career path typically starts with a Senior Risk Manager position, and then progresses to Risk Management Director.
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
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Job Title Claims Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Job Title Claims Manager, Senior | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Compensation and Benefits Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Job Title Compensation and Benefits Manager, Senior | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Compensation Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Workers' Compensation Claims Manager salary of your education level.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Workers' Compensation Claims Manager salary varies from category to category. Click below to see Workers' Compensation Claims Manager salary in different categories.
About Oklahoma Oklahoma is the 20th-largest state in the United States, covering an area of 69,899 square miles (181,040 km2), with 68,595 square miles (177,660 km2)....More
Skills associated with Workers' Compensation Claims Manager: Operational Policy Development, Safety Policies and Procedures, Claim Investigation, Claim Settlement Policies ...More
Salary estimation for Workers' Compensation Claims Manager at companies like : Ridge View Bank, Fgbmfi Usa, Unions