Principal Salary at Insurance Adjustment Bureau Inc BETA

How much does an Insurance Adjustment Bureau Inc Principal make?

As of December 2024, the average annual salary for a Principal at Insurance Adjustment Bureau Inc is $106,115, which translates to approximately $51 per hour. Salaries for Principal at Insurance Adjustment Bureau Inc typically range from $94,927 to $116,761, 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.

Insurance Adjustment Bureau Inc Overview

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

The Insurance Adjustment Bureau, Inc. (IAB) is a privately held firm of public adjusters-advocates for property owners with residential or commercial losses. We do not work for insurance companies. We work for you, advising and assisting with estimates, appraisals, inventories, claim filing, policy interpretation, as well as dealing directly with your insurance company, and much more. We're there to handle things never considered, to put fine print into simpler language, to make sure insurance companies play by the rules-from beginning to end of the process, never quitting until our clients get the settlement they deserve: the maximum settlement. Founded in 1964, IAB is owned and managed by second-generation brothers. We are an accomplished and respected firm with over 30 employees, including in-house attorneys and accountants. The Straff brothers continue to carry on the firm's tradition of excellence through continuing education, keeping abreast of an evolving insurance environment-and hard work. With thousands of clients served and millions of dollars recovered since the firm was established, IAB continues to manage the complexities of the claims process quickly and efficiently. Our team of qualified professionals will help you get the maximum settlement in the minimum amount of time. When disaster strikes, IAB is just a phone call away. We're there for you from beginning to end: Assisting you with forms, paperwork and negotiations Putting the fine print into language you can understand Handling the things you never considered Making sure your insurance company plays by the rules "When a major water main break occurred on our property, my first call was to IAB. I'm grateful for the immediate response we received from IAB, as they were on the site shortly after I placed a call to help get the situation under control. IAB's first steps were to quickly mitigate further damage, commence with damage repairs by bringing in the right experts to do the work while assessing our true losses. IAB's thorough ...

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What Skills Does a person Need at Insurance Adjustment Bureau Inc?

At Insurance Adjustment Bureau Inc, 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. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  2. Professional development: Professional development refers to continuing education and career training after a person has entered the workforce in order to help them develop new skills, stay up-to-date on current trends, and advance their career.
  3. Commitment: An agreement or pledge to do something in the future a commitment to improve conditions at the prison especially : an engagement to assume a financial obligation at a future date.
  4. Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.
  5. Special Education: Special education is the practice of educating students in a way that accommodates their individual differences, disabilities, and special needs.

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Check more jobs information at Insurance Adjustment Bureau Inc

Job Title Average Insurance Adjustment Bureau Inc Salary Hourly Rate
2 Accounting $44,254 $21
3 General Counsel $343,011 $165
4 Public Adjuster $48,802 $23
5 Loss Consultant $73,050 $35
6 President $752,738 $362
7 Dispatcher $44,681 $21
8 Inventory Specialist $46,312 $22

Hourly Pay at Insurance Adjustment Bureau Inc

The average hourly pay at Insurance Adjustment Bureau Inc for a Principal is $51 per hour. The location, department, and job description all have an impact on the typical compensation for Insurance Adjustment Bureau Inc positions. The pay range and total remuneration for the job title are shown in the table below. Insurance Adjustment Bureau Inc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $106,115 look to you?

FAQ about Salary and Jobs at Insurance Adjustment Bureau Inc

1. How much does Insurance Adjustment Bureau Inc pay per hour?
The average hourly pay is $51. 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 Insurance Adjustment Bureau Inc?
According to the data, the highest approximate salary is about $116,761 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 Insurance Adjustment Bureau Inc?
According to the data, the lowest estimated salary is about $94,927 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.