How much does a Claims Manager make in Almelund, MN? The average Claims Manager salary in Almelund, MN is $133,839 as of May 28, 2024, but the range typically falls between $118,306 and $150,342. 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. 

Claims Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Claims Manager Salary $104,163 Almelund,MN May 28, 2024
25th Percentile Claims Manager Salary $118,306 Almelund,MN May 28, 2024
50th Percentile Claims Manager Salary $133,839 Almelund,MN May 28, 2024
75th Percentile Claims Manager Salary $150,342 Almelund,MN May 28, 2024
90th Percentile Claims Manager Salary $165,368 Almelund,MN May 28, 2024
25% $118,306 10% $104,163 90% $165,368 75% $150,342 $133,839 50%(Median) Didn’t find job title? Click
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What skills does a Claims Manager 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.

1.

Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

2.

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

3.

Client Service: Client services are the processes and interactions organizations and members of their staff have with their clients.

Leadership 8.61%
Life Insurance 1.66%
Client Service 1.23%
Others 88.5%
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Job Description for Claims Manager

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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Salary.com job board provides millions of Claims Manager information for you to search for. Click on search button below to see Claims Manager job openings or enter a new job title here.

Job Openings for Claims Manager in Almelund, MN
  • Schedule: Full-Time Salary Range: USD $49000.00 - $103500.00 Job Category: Claims Pay Philosophy The typical starting salary range for this role is determi...
    - 4 Days Ago
  • Schedule: Full-Time Salary Range: USD $59100.00 - $86100.00 Job Category: Claims Pay Philosophy The typical starting salary range for this role is determin...
    - 1 Day Ago
  • Job description. Job Title: Securities Operations Representative. Duration: 3 months contract with possible extensions. Location: St Minneapolis Minnesota ...
    - 2 Days Ago
  • Sr. Workers Compensation Claims Adjuster - Remote - Sacramento, CA. Candidates must reside in California. Are you seeking a career where you can better ass...
    - 4 Days Ago
  • Our client has been experiencing continued growth and seeking to add (2) Senior Auto Liability/Bodily Injury Claims Examiners for their Maryland office. Th...
    - 4 Days Ago

Career Path for Claims Manager

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.

Those that have already made the climb...
Theodore B. Young, Chief Financial Officer
Dorian LPG Ltd., together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG) through its LPG tankers worldwide. It owns and operates twenty-five very large gas carriers (VLGCs). The company was incorporated in 2013 and is headquartered in Stamford, Connecticut.
Fiscal Year Ended in 2023
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Claims Manager salary varies from city to city. Compared with national average salary of Claims Manager, the highest Claims Manager salary is in San Francisco, CA, where the Claims Manager salary is 25.0% above. The lowest Claims Manager salary is in Miami, FL, where the Claims Manager salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Claims Manager, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
118306
150342
133839

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
127811
171265
147492
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Claims Manager in Almelund, MN. The base salary for Claims Manager ranges from $118,306 to $150,342 with the average base salary of $133,839. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $127,811 to $171,265 with the average total cash compensation of $147,492.
Step 2 of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

118306
150342

 

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How much should you be paid?

About Almelund, Minnesota    Almelund is an unincorporated community in Amador Township, Chisago County, Minnesota, United States. The community is located east of North Branch at....More

Almelund, Minnesota  area prices were up 1.4% from a year ago    View the Cost of Living in Almelund, Minnesota

Claims Manager Salary in popular cities: MinneapolisSaint PaulRochester

Skills associated with Claims Manager: Claim Settlement Policies, Insurance Claims Management Software, Business Operations, Customer Support ...More

Recently searched related titles: Claim Manager

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Jobs with a similar salary range to Claims Manager : Insurance Claims Manager