Bank of America
Charlotte, MI
Chief Claims Executive Salary in Houghton Lake Heights, MI
How much does a Chief Claims Executive Make?
As of August 27, 2024, the average annual pay of Chief Claims Executive in the Houghton Lake Heights, MI is $225,700. While Salary.com is seeing that Chief Claims Executive salary in the US can go up to $294,476 or down to $158,643, but most earn between $190,600 and $261,700. 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 | $261,700 | $21,808 | $5,033 | $126 |
| Average | $225,700 | $18,808 | $4,340 | $109 |
| 25th Percentile | $190,600 | $15,883 | $3,665 | $92 |
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How much does a Chief Claims Executive Make?
As of August 27, 2024, the average annual pay of Chief Claims Executive in the Houghton Lake Heights, MI is $225,700. While Salary.com is seeing that Chief Claims Executive salary in the US can go up to $294,476 or down to $158,643, but most earn between $190,600 and $261,700. 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.- View Average Salary for United States
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View Chief Claims Executive Salary by Experience Levels
An entry-level Chief Claims Executive with under 1 year experience makes about $203,721. With less than 2 years of experience, a mid-level Chief Claims Executive makes around $206,849. After 2-4 years, the Chief Claims Executive pay rises to about $209,456. Those senior Chief Claims Executive with 5-8 years of experience earn roughly $213,627, and those Chief Claims Executive having 8 years or more experience are expected to earn about $218,841 on average.
$203,721
0 yr
$206,849
< 2 yrs
$209,456
2-4 yrs
$213,627
5-8 yrs
$218,841
> 8 yrs
Last Updated on August 27, 2024
| Entry Level | 10% |
| Mid Level | 8% |
| Senior Level | 7% |
| Top Level | 5% |
| Experienced | 3% |
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Last Updated on August 27, 2024
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Job Openings of Chief Claims Executive
Salary.com job board provides millions of Chief Claims Executive information for you to search for. Click on search button below to see Chief Claims Executive job openings or enter a new job title here.
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Bank of America
Charlotte, MI
B
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Bank of America - Charlotte, MIJob Description:Key ResponsibilitiesActs as the Senior Executive’s Chief of Staff, helping to flesh out the vision of the leader, drive the strategy and ke... more
1 Day Ago
Cost of Living In Houghton Lake Heights, MI
Cost of Living in Houghton Lake Heights , MI is
-9.7% Lower
than the National Average
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.
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.
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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 Initiative, you can get a 11% salary raise. If you are good at Leadership, your salary will increase by 11%. If you are expert in Written Communication, your salary will rise by 10%.
| Skill | Salary | Demand |
|---|---|---|
|
Initiative
|
$250,527 |
11%
|
|
Leadership
|
$250,527 |
11%
|
|
Written Communication
|
$248,270 |
10%
|
|
Claim Handling
|
$246,013 |
9%
|
|
Claims Management
|
$241,499 |
7%
|
|
Risk Management
|
$232,471 |
3%
|
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 $225,700 per year in Houghton Lake Heights, MI, updated at August 27, 2024.
