Claims Specialist Salary at Lonestar Mga BETA

How much does a Lonestar Mga Claims Specialist make?

As of April 2025, the average annual salary for a Claims Specialist at Lonestar Mga is $77,973, which translates to approximately $37 per hour. Salaries for Claims Specialist at Lonestar Mga typically range from $71,447 to $84,207, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Lonestar MGA Overview

Website:
lonestarmga.com
Size:
<25 Employees
Revenue:
$5M - $10M
Industry:
Insurance

Lonestar MGA sells its policies through a select network of professional independent insurance agents. Agents are vital to our organization and the service that we provide to our customers. Their expertise, customer service and local presence are instrumental to the way we promote and sell our products. Independent agents are not employees of Lonestar MGA; however, we do compensate them for placing insurance with us and for providing other customer service to our policy holders. We pay agents a base commission for each insurance policy they sell. The commission is paid for new and renewal policies with Lonestar MGA. The commission is a percentage of the premium charged to the insured for the policy. The amount of the commission varies by the type of policy sold, state where agent does business, and a host of other variables. Throughout the year, we may also provide incentives or contests to encourage agents to place business with Lonestar MGA. These contests generally offer either cash or prizes to the agent when he or she sells a particular Lonestar MGA product that the contest serves to promote. We may also reimburse an agent's expenses relating to marketing activities. This may include advertising materials, training expenses, or goods and services that help to promote our company and our products. We also may pay for business meals and provide other entertainment for our agents. From time to time, we also send agents complimentary items of nominal value in order to introduce new products or services that are available to them and our customers.

See similar companies related to Lonestar Mga

What Skills Does a person Need at Lonestar Mga?

At Lonestar Mga, specify the abilities and skills that a person needs in order to carry out the specified job duties. 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.

  1. Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  2. HRIS: HRIS is a management system designed specifically to provide managers with information to make HR decisions. Is a system that lets you keep track of all your employees and information about them.
  3. Benefits Programs: Benefits programs vary greatly, but typically they include medical insurance, life and disability insurance, retirement income plan benefits, paid-time-off benefits, and educational assistance programs.
  4. COBRA: The Consolidated Omnibus Budget Reconciliation Act (COBRA) gives workers and their families who lose their health benefits the right to choose to continue group health benefits provided by their group health plan .
  5. Benefit administration: Benefits administration is the process of assembling and managing the benefits an organization provides to employees.

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Check more jobs information at Lonestar Mga

Job Title Average Lonestar Mga Salary Hourly Rate
2 Manager, Marketing $99,174 $48
3 Marketing Representative $64,831 $31
4 Litigation Adjuster $59,146 $28
5 Insurance Underwriter $50,931 $24
6 Litigation Representative $83,105 $40
7 Supervisor, Claims Support $81,286 $39
8 Adjuster $45,695 $22
9 Vice President, Sales & Marketing $209,804 $101

Hourly Pay at Lonestar Mga

The average hourly pay at Lonestar Mga for a Claims Specialist is $37 per hour. The location, department, and job description all have an impact on the typical compensation for Lonestar Mga positions. The pay range and total remuneration for the job title are shown in the table below. Lonestar Mga may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $77,973 look to you?

FAQ about Salary and Jobs at Lonestar Mga

1. How much does Lonestar Mga pay per hour?
The average hourly pay is $37. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Lonestar Mga?
According to the data, the highest approximate salary is about $84,207 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Lonestar Mga?
According to the data, the lowest estimated salary is about $71,447 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.