Claims Specialist I Salary at Amfed BETA

How much does an Amfed Claims Specialist I make?

As of January 2025, the average annual salary for a Claims Specialist I at Amfed is $43,101, which translates to approximately $21 per hour. Salaries for Claims Specialist I at Amfed typically range from $39,623 to $46,965, 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.

Website:
amfed.com
Size:
25 - 50 Employees
Revenue:
$10M - $50M
Industry:
Insurance

AmFed is a Mississippi-domiciled insurance carrier that was established in 1993 and offers a broad spectrum of workers' compensation insurance products and services, including Third Party Administration for self-insureds. The company was founded to provide solutions to workers' compensation issues in Mississippi and has expanded its footprint to include 14 other states in the Southeast. AmFed's mission is to deliver superior quality services, unparalleled customer service, a wealth of in-house expertise and family values that guide them to do the right thing for their clients, all of the time. AmFed is a wholly owned subsidiary of Ascot Group, a global specialty (re)insurance group.

See similar companies related to Amfed

What Skills Does a person Need at Amfed?

At Amfed, 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. Claim Handling: involved in managing a claim from the start through to settlement, making decisions on the extent and validity of a claim, and checking for any potential fraudulent activity.
  3. Decision Making: Decision making is the process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.
  4. Health care: Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration, or cure of disease, illness, injury, and other physical and mental impairments in people.
  5. Career Development: Refers to the process an individual may undergo to evolve their occupational status. It is the process of making decisions for long term learning, to align personal needs of physical or psychological fulfillment with career advancement opportunities.

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Check more jobs information at Amfed

Job Title Average Amfed Salary Hourly Rate
2 Audit $115,459 $56
3 Claims Adjuster $55,789 $27
4 Claims Specialist $73,547 $35
5 Claims Specialist II $53,036 $25
6 Director, Accounting $151,149 $73
7 Director, Business Development $161,234 $78
8 Manager, Claims $99,613 $48
9 Manager, Underwriting $104,272 $50
10 Production Underwriter $74,314 $36
11 Supervisor, Claims $76,672 $37
12 Utilization Management Nurse $65,422 $31
13 Vice President, Underwriting $242,353 $117

Hourly Pay at Amfed

The average hourly pay at Amfed for a Claims Specialist I is $21 per hour. The location, department, and job description all have an impact on the typical compensation for Amfed positions. The pay range and total remuneration for the job title are shown in the table below. Amfed may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $43,101 look to you?

FAQ about Salary and Jobs at Amfed

1. How much does Amfed pay per hour?
The average hourly pay is $21. 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 Amfed?
According to the data, the highest approximate salary is about $46,965 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 Amfed?
According to the data, the lowest estimated salary is about $39,623 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.