Claims Director Salary in Lakeville, Minnesota
Claims Director Salary in Lakeville, MN
How much does a Claims Director make in Lakeville, MN? The average Claims Director salary in Lakeville, MN is $192,803 as of April 24, 2024, but the range typically falls between $167,930 and $222,875. 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 Claims Director Salary | $145,283 | Lakeville,MN | April 24, 2024 |
| 25th Percentile Claims Director Salary | $167,930 | Lakeville,MN | April 24, 2024 |
| 50th Percentile Claims Director Salary | $192,803 | Lakeville,MN | April 24, 2024 |
| 75th Percentile Claims Director Salary | $222,875 | Lakeville,MN | April 24, 2024 |
| 90th Percentile Claims Director Salary | $250,253 | Lakeville,MN | April 24, 2024 |
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What skills does a Claims Director need?
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.
Health Care: Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration, or cure of disease, illness, injury, and other physical and mental impairments in people.
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
Job Description for Claims Director
Claims Director directs and oversees the operations of an insurance claims department to meet operational, financial, and service requirements. Establishes policies and procedures for the administration of insurance claims for personal, property, or casualty loss based on coverage, appraisal, and verifiable damage. Being a Claims Director is responsible for the strategic processing and payment of claims. Maintains up-to-date- knowledge of legislation, regulations, and industry events which pertain to insurance claims. Additionally, Claims Director provides expert guidance and consultation to staff on the most complex claims. Requires a bachelor's degree. Typically reports to top management. The Claims Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Claims Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)... View full job description
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Sheldon Meadows Assisted Living Center - Hudsonville, MILicensed Practical Nurse Manager. 68,000.00- 70,000.00. We are looking for a compassionate LPN to join our growing team. We are a family-owned company. The...- 1 Month Ago
Career Path for Claims Director
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 Director, the first career path typically progresses to Top Claims Executive.
What does a Claims Director do?
Are you an HR manager or compensation specialist?
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Claims Director Pay Difference by Location
Claims Director salary varies from city to city. Compared with national average salary of Claims Director, the highest Claims Director salary is in San Francisco, CA, where the Claims Director salary is 25.0% above. The lowest Claims Director salary is in Miami, FL, where the Claims Director salary is 3.5% lower than national average salary.
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About Lakeville, Minnesota
Similar Jobs to Claims Director
| 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 II | Experience 2 - 4 | EducationBachelors | 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 |
Level of Education for Claims Director
Jobs with different levels of education may pay very differently. Check the Claims Director salary of your education level.
Claims Director Salary by Global Country
Claims Director salary varies from country to country. There are several factors that mainly impact the Claims Director salary, including cost of living, economic conditions, market rates and legal differences. Click below to Claims Director salary of the other country.
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About Lakeville, Minnesota According to the United States Census Bureau, the city has a total area of 37.83 square miles (97.98 km2), of which 36.06 square miles (93.39 km2) is ....More
Lakeville, Minnesota area prices were up 1.4% from a year ago View the Cost of Living in Lakeville, Minnesota
Claims Director Salary in popular cities: Minneapolis, Saint Paul, Rochester
Skills associated with Claims Director: Claim Settlement Policies, Calculate Payments/Premiums, Claim Reviews, Insurance Claims Management Software ...More
Recently searched related titles: Claim Director
Jobs with a similar salary range to Claims Director : Director of Claims
Salary estimation for Claims Director at companies like : International Society of Beverage Technologists, Durango High School Based Health Center, Cellco Partnership
