1. What is the average salary of a Claims Manager, Senior?
The average annual salary of Claims Manager, Senior is $145,530.
In case you are finding an easy salary calculator,
the average hourly pay of Claims Manager, Senior is $70;
the average weekly pay of Claims Manager, Senior is $2,799;
the average monthly pay of Claims Manager, Senior is $12,128.
2. Where can a Claims Manager, Senior earn the most?
A Claims Manager, Senior's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Claims Manager, Senior earns the most in San Jose, CA, where the annual salary of a Claims Manager, Senior is $183,557.
3. What is the highest pay for Claims Manager, Senior?
The highest pay for Claims Manager, Senior is $193,729.
4. What is the lowest pay for Claims Manager, Senior?
The lowest pay for Claims Manager, Senior is $133,039.
5. What are the responsibilities of Claims Manager, Senior?
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.
6. What are the skills of Claims Manager, Senior
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.
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