How much does a Chief Claims Executive make in Albany, IL? The average Chief Claims Executive salary in Albany, IL is $224,700 as of April 24, 2024, but the range typically falls between $189,700 and $260,500. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

Chief Claims Executive Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Chief Claims Executive Salary $157,834 Albany,IL April 24, 2024
25th Percentile Chief Claims Executive Salary $189,700 Albany,IL April 24, 2024
50th Percentile Chief Claims Executive Salary $224,700 Albany,IL April 24, 2024
75th Percentile Chief Claims Executive Salary $260,500 Albany,IL April 24, 2024
90th Percentile Chief Claims Executive Salary $293,094 Albany,IL April 24, 2024
25% $189,700 10% $157,834 90% $293,094 75% $260,500 $224,700 50%(Median) Didn’t find job title? Click
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Job Description

The Chief Claims Executive is responsible for managing and implementing claims programs for all lines of insurance. Plans and directs all aspects of an organization's insurance claims function. Being a Chief Claims Executive develops procedures and policies to enhance and improve the processing, investigation, and settlement of claims. Directs the review and settlement of complex or high dollar claims. In addition, Chief Claims Executive ensures legal examinations are made when appropriate. Requires a bachelor's degree. Typically reports to top management. The Chief Claims Executive manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Comprehensive knowledge of the overall departmental function. Working as a Chief Claims Executive typically requires 8+ years of managerial experience. (Copyright 2024 Salary.com)

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Job Openings for Chief Claims Executive in Albany, IL
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    - 5 Days Ago
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Career Path for this job

  1. Down a level:

    Claims Service and Operations Director


    Bachelor's Degree

  2. This Job:

    Chief Claims Executive


    Bachelor's Degree

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Average Base Salary

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189700
260500
224700

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
224500
356700
288000
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Chief Claims Executive in Albany, IL. The base salary for Chief Claims Executive ranges from $189,700 to $260,500 with the average base salary of $224,700. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $224,500 to $356,700 with the average total cash compensation of $288,000.
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189700
260500

 

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About Albany, Illinois    Albany is a village in Whiteside County, Illinois, United States. The population was 891 at the 2010 census, down from 895 in 2000. Albany is located ....More

Albany, Illinois  area prices were up 1.3% from a year ago    View the Cost of Living in Albany, Illinois

Chief Claims Executive Salary in popular cities: ChicagoAuroraRockford

Recently searched related titles: Head Of Claims

Salary estimation for Chief Claims Executive at companies like : Medical Cost Advocate, Lincoln County Detention Center, Mip/ Gomer International Inc

Jobs with a similar salary range to Chief Claims Executive : Vp Claims, Avp Claims

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