As of March 01, 2025, the average annual salary for a Claims Manager in Bloomfield, NJ is $137,271. Salary.com reports that pay typically ranges from $131,650 to $142,167, with most professionals earning between $126,533 and $146,625.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $123,516 | $10,293 | $2,375 | $59 |
| Average | $119,262 | $9,939 | $2,294 | $57 |
| 25th Percentile | $114,379 | $9,532 | $2,200 | $55 |
An entry-level Claims Manager with under 1 year experience makes about $135,173. With less than 2 years of experience, a mid-level Claims Manager makes around $135,425. After 2-4 years, the Claims Manager pay rises to about $136,012. Those senior Claims Manager with 5-8 years of experience earn roughly $136,683, and those Claims Manager having 8 years or more experience are expected to earn about $137,782 on average.
| Levels | Salary |
|---|---|
| Entry Level Claims Manager | $135,173 |
| Intermediate Level Claims Manager | $135,425 |
| Senior Level Claims Manager | $136,012 |
| Specialist Level Claims Manager | $136,683 |
| Expert Level Claims Manager | $137,782 |
| Entry Level | 13% |
| Mid Level | 14% |
| Senior Level | 14% |
| Top Level | 15% |
| Experienced | 16% |
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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.
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.
| Skill | Salary | Demand |
|---|---|---|
|
Team Management
|
$148,252 |
8%
|
|
ARM
|
$148,252 |
8%
|
|
Managed Care
|
$146,880 |
7%
|
|
Continuous Improvement
|
$146,880 |
7%
|
|
Project Management
|
$146,880 |
7%
|
|
Reinsurance
|
$146,880 |
7%
|
