How much does a Chief Claims Executive make in Mount Prospect, IL? The average Chief Claims Executive salary in Mount Prospect, IL is $252,000 as of May 28, 2024, but the range typically falls between $212,800 and $292,200. 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.
Percentile | Salary | Location | Last Updated |
10th Percentile Chief Claims Executive Salary | $177,110 | Mount Prospect,IL | May 28, 2024 |
25th Percentile Chief Claims Executive Salary | $212,800 | Mount Prospect,IL | May 28, 2024 |
50th Percentile Chief Claims Executive Salary | $252,000 | Mount Prospect,IL | May 28, 2024 |
75th Percentile Chief Claims Executive Salary | $292,200 | Mount Prospect,IL | May 28, 2024 |
90th Percentile Chief Claims Executive Salary | $328,800 | Mount Prospect,IL | May 28, 2024 |
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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)
Bachelor's Degree
Bachelor's Degree
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About Mount Prospect, Illinois Mount Prospect is a village in Elk Grove and Wheeling Townships in Cook County, Illinois, about 20 miles (32 km) northwest of downtown Chicago, and ap....More
Mount Prospect, Illinois area prices were up 0.8% from a year ago View the Cost of Living in Mount Prospect, Illinois
Chief Claims Executive Salary in popular cities: Chicago, Aurora, Rockford
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