How much does a Vice President of Claims make in the United States? The average Vice President of Claims salary in the United States is $239,890 as of March 26, 2024, but the range typically falls between $202,590 and $278,190. 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 Vice President of Claims Salary | $168,630 | US | March 26, 2024 |
25th Percentile Vice President of Claims Salary | $202,590 | US | March 26, 2024 |
50th Percentile Vice President of Claims Salary | $239,890 | US | March 26, 2024 |
75th Percentile Vice President of Claims Salary | $278,190 | US | March 26, 2024 |
90th Percentile Vice President of Claims Salary | $313,060 | US | March 26, 2024 |
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The Vice President of Claims 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 Vice President of Claims 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, Vice President of Claims ensures legal examinations are made when appropriate. Requires a bachelor's degree. Typically reports to top management. The Vice President of Claims 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 Vice President of Claims typically requires 8+ years of managerial experience. (Copyright 2024 Salary.com)
Bachelor's Degree
Bachelor's Degree
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