How much does a Chief Claims Officer make in the United States? The average Chief Claims Officer salary in the United States is $233,960 as of January 26, 2023, but the range typically falls between $192,740 and $274,600. 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, helps you determine your exact pay target. 

Based on HR-reported data: a national average with a geographic differential
25% $192,740 10% $155,211 90% $311,601 75% $274,600 $233,960 50%(Median)
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Check out Chief Claims Officer jobs in Virginia

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Volkert Inc - Arlington, VA

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Berkley Mid-Atlantic Grp - Glen Allen, VA

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Underwriting Director - Glen Allen, VA

Job Description

The Chief Claims Officer 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 Officer 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 Officer ensures legal examinations are made when appropriate. Requires a bachelor's degree. Typically reports to top management. The Chief Claims Officer 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 Officer typically requires 8+ years of managerial experience. (Copyright 2023

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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Chief Claims Officer in the United States. The base salary for Chief Claims Officer ranges from $192,740 to $274,600 with the average base salary of $233,960. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $227,840 to $375,390 with the average total cash compensation of $299,730.
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