Claims Technician Salary at Falls Lake Insurance Companies BETA

How much does a Falls Lake Insurance Companies Claims Technician make?

As of March 2025, the average annual salary for a Claims Technician at Falls Lake Insurance Companies is $40,209, which translates to approximately $19 per hour. Salaries for Claims Technician at Falls Lake Insurance Companies typically range from $36,471 to $44,192, 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.

Falls Lake Insurance Companies Overview

Website:
jrvrgroup.com/falls-lake-insurance
Size:
50 - 100 Employees
Revenue:
$10M - $50M
Industry:
Insurance

We focus on underwriting specialty insurance products through limited distribution partners within our desired industry segments. Falls Lake Insurance companies represent an entrepreneurial combination of rigorous underwriting and claims management with an experienced, common sense approach to the business. We believe this combination produces success for both you and Falls Lake. We are the admitted insurance platform of James River Group and a subsidiary of James River Group Holdings, Ltd. With this representation, we operate against a capital base of almost $500 million. Our affiliates also focus on underwriting specialty insurance: James River Insurance Company (excess and surplus lines) and JRG Re (Bermuda based reinsurer).

See similar companies related to Falls Lake Insurance Companies

What Skills Does a person Need at Falls Lake Insurance Companies?

At Falls Lake Insurance Companies, 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. Financial services: A services provided by the finance industry, which encompasses a broad range of businesses that manage money. These services involve banking, brokerage, mortgages, credit cards, payment services, real estate, investment funds, taxes and accounting.
  3. Decision Making: Decision making is the process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.
  4. Transportation: Refers to the mode of travel used to get from home to work most frequently. The transportation are bus, train, aeroplane, ship, car, etc while the mode of transportation refers to road, air, sea/ocean, etc.
  5. Initiative: Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.

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Check more jobs information at Falls Lake Insurance Companies

Job Title Average Falls Lake Insurance Companies Salary Hourly Rate
2 Associate Underwriter $80,703 $39
3 Field Underwriter $52,234 $25
4 Program Underwriter $62,317 $30
5 Project Manager $98,881 $48
6 Quality Control Analyst $84,153 $40
7 Senior IT Systems Analyst $71,041 $34
8 Senior Loss Control Consultant $70,062 $34
9 Staff Accountant II $61,833 $30
10 Accounting Associate $42,445 $20
11 Claims Adjuster $60,585 $29
12 Claims Examiner $57,595 $28
13 Controller $216,094 $104

Hourly Pay at Falls Lake Insurance Companies

The average hourly pay at Falls Lake Insurance Companies for a Claims Technician is $19 per hour. The location, department, and job description all have an impact on the typical compensation for Falls Lake Insurance Companies positions. The pay range and total remuneration for the job title are shown in the table below. Falls Lake Insurance Companies may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $40,209 look to you?

FAQ about Salary and Jobs at Falls Lake Insurance Companies

1. How much does Falls Lake Insurance Companies pay per hour?
The average hourly pay is $19. 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 Falls Lake Insurance Companies?
According to the data, the highest approximate salary is about $44,192 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 Falls Lake Insurance Companies?
According to the data, the lowest estimated salary is about $36,471 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.