How much does a Claims Manager make in Colorado? The average Claims Manager salary in Colorado is $129,440 as of April 24, 2024, but the range typically falls between $114,416 and $145,402. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
Percentile | Salary | Location | Last Updated |
10th Percentile Claims Manager Salary | $100,737 | CO | April 24, 2024 |
25th Percentile Claims Manager Salary | $114,416 | CO | April 24, 2024 |
50th Percentile Claims Manager Salary | $129,440 | CO | April 24, 2024 |
75th Percentile Claims Manager Salary | $145,402 | CO | April 24, 2024 |
90th Percentile Claims Manager Salary | $159,935 | CO | April 24, 2024 |
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.
Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
Life Insurance: Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period
Client Service: Client services are the processes and interactions organizations and members of their staff have with their clients.
Claims Manager manages the operations of an insurance claims department to meet operational, financial, and service requirements. Oversees the intake and processing of insurance claims for personal, property, or casualty loss based on coverage, appraisal, and verifiable damage. Being a Claims Manager manages appraisal and examination staff and processes. Assures timely and proper disposition of claims based on policy provisions. Additionally, Claims Manager recommends and implements best practices to ensure complete and thorough claim settlements, legal reviews, and investigations following company policies and insurance industry regulations. Determines the value of settlements for escalated claims. Manages negotiations of settlements and administration of claims in litigation. Typically requires a bachelor's degree. Typically reports to a director. The Claims Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Claims Manager typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)... View full job description
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Location | Avg. Salary | Date Updated |
---|---|---|
Location Jefferson, CO | Avg. Salary $129,186 | Date Updated April 24, 2024 |
Location Agate, CO | Avg. Salary $126,521 | Date Updated April 24, 2024 |
Location Aguilar, CO | Avg. Salary $121,572 | Date Updated April 24, 2024 |
Location Akron, CO | Avg. Salary $122,968 | Date Updated April 24, 2024 |
Location Alamosa, CO | Avg. Salary $121,572 | Date Updated April 24, 2024 |
Location Allenspark, CO | Avg. Salary $132,613 | Date Updated April 24, 2024 |
Location Alma, CO | Avg. Salary $129,567 | Date Updated April 24, 2024 |
Location Almont, CO | Avg. Salary $130,202 | Date Updated April 24, 2024 |
Location Amherst, CO | Avg. Salary $120,557 | Date Updated April 24, 2024 |
Location Anton, CO | Avg. Salary $127,917 | Date Updated April 24, 2024 |
A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Claims Manager, the first career path typically progresses to Appeal Resolution Senior Manager.
The second career path typically starts with a Claims Manager, Senior position, and then progresses to Claims Director.
Additionally, the third career path typically progresses to Claims Processing Director - Healthcare.
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Claims Adjuster I | Experience 0 - 2 | EducationAssociates | Salary Compared to This Job |
Job Title Claims Adjuster III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Claims Examiner I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Claims Examiner II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Claims Examiner III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Claims Manager salary of your education level.
Claims Manager salary varies from country to country. There are several factors that mainly impact the Claims Manager salary, including cost of living, economic conditions, market rates and legal differences. Click below to Claims Manager salary of the other country.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Claims Manager salary varies from category to category. Click below to see Claims Manager salary in different categories.
About Colorado Colorado (/ˌkɒləˈrædoʊ, -ˈrɑːdoʊ/ (listen), other variants) is a state of the Western United States encompassing most of the southern Rocky Mountains ....More
Skills associated with Claims Manager: Claim Reviews, Claim Settlement Policies, Insurance Claims Management Software, Business Operations ...More
Recently searched related titles: Claim Manager
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