What is the highest and lowest pay for Chief Claims Executive?

As of December 01, 2024, the average annual pay of Chief Claims Executive in Baltimore, MD is $251,600. While Salary.com is seeing that the highest pay for Chief Claims Executive in Baltimore, MD can go up to $328,209 and the lowest down to $176,901, but most earn between $212,500 and $291,700. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Chief Claims Executive in the United States.

Chief Claims Executive Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $291,700 $24,308 $5,610 $140
Average $251,600 $20,967 $4,838 $121
25th Percentile $212,500 $17,708 $4,087 $102

Average Salary

25% $212,500 10% $176,901 90% $328,209 75% $291,700 $251,600 50%(Median) Didn’t find job title? Click
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Last Updated on December 01, 2024
Last Updated on December 01, 2024
Levels Salary
Entry Level Chief Claims Executive $226,539
Intermediate Level Chief Claims Executive $230,019
Senior Level Chief Claims Executive $232,919
Specialist Level Chief Claims Executive $237,559
Expert Level Chief Claims Executive $243,358
$226,539 0 yr
$230,019 < 2 yrs
$232,919 2-4 yrs
$237,559 5-8 yrs
$243,358 > 8 yrs
Last Updated on December 01, 2024
Entry Level 10%
Mid Level 9%
Senior Level 7%
Top Level 6%
Experienced 3%
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Last Updated on December 01, 2024

Job Openings of Chief Claims Executive

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Cost of Living In Baltimore, MD

Cost of Living in Baltimore , MD is
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than the National Average
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Best-Paid Skills and Qualifications for Chief Claims Executive

What skills does a Chief Claims Executive need?

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.

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.

Prospecting: Prospecting is the first stage of the geological analysis (second – exploration) of a territory. It is the physical search for minerals, fossils, precious metals or mineral specimens, and is also known as fossicking. Prospecting is a small-scale form of mineral exploration which is an organised, large scale effort undertaken by commercial mineral companies to find commercially viable ore deposits. Prospecting is physical labour, involving traversing (traditionally on foot or on horseback), panning, sifting and outcrop investigation, looking for signs of mineralisation. In some areas a prospector must also make claims, meaning they must erect posts with the appropriate placards on all four corners of a desired land they wish to prospect and register this claim before they may take samples. In other areas publicly held lands are open to prospecting without staking a mining claim.

Leadership 16%
Claim Handling 8%
Prospecting 4%
Others 72%
View as Table
What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Chief Claims Executive higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Team Management, you can get a 22% salary raise. If you are good at Analytical Skills, your salary will increase by 12%. If you are expert in Initiative, your salary will rise by 11%.
Skill Salary Demand
Team Management
$306,952
22%
Analytical Skills
$281,792
12%
Initiative
$279,276
11%
Leadership
$279,276
11%
Written Communication
$276,760
10%
Claim Handling
$274,244
9%
Last Updated on December 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Chief Claims Executive is $251,600 per year in Baltimore, MD, updated at December 01, 2024.
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