Lenmar Consulting Inc.
Baltimore, MD
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
75th Percentile | $192,400 | $16,033 | $3,700 | $93 |
Average | $168,700 | $14,058 | $3,244 | $81 |
25th Percentile | $148,600 | $12,383 | $2,858 | $71 |
An entry-level Claims Review and Settlement Senior Manager with under 1 year experience makes about $160,765. With less than 2 years of experience, a mid-level Claims Review and Settlement Senior Manager makes around $161,668. After 2-4 years, the Claims Review and Settlement Senior Manager pay rises to about $163,171. Those senior Claims Review and Settlement Senior Manager with 5-8 years of experience earn roughly $165,276, and those Claims Review and Settlement Senior Manager having 8 years or more experience are expected to earn about $174,283 on average.
Entry Level | 5% |
Mid Level | 4% |
Senior Level | 3% |
Top Level | 2% |
Experienced | 3% |
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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.
Risk Management: Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.
Public Administration: Public administration is a field in which leaders serve communities to advance the common good and effect positive change.
Business Administration: It is the management of all aspects of a business's performance, decisions, and organization. It includes the day to day operations, aspects including finances and human resources, and ensures the company stays aligned to the goal or mission.
Skill | Salary | Demand |
---|---|---|
Initiative
|
$180,509 |
7%
|
Customer Service
|
$178,822 |
6%
|
Leadership
|
$175,448 |
4%
|
Claim Handling
|
$173,761 |
3%
|
Claim Handling
|
$173,761 |
3%
|
Claim Handling
|
$173,761 |
3%
|
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