Claims Manager Salaries in Thunder Bay, ON
Alternate Job Titles:
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How much does a Claims Manager in Thunder Bay, ON make? The median annual Claims Manager salary in Thunder Bay, ON is C$129,200, as of March 27, 2024, with a range usually between C$113,587-C$145,081 not including bonus and benefit information and other factors that impact base pay. However, the salary for someone with the title Claims Manager may vary depending on a number of factors including industry, company size, location, years of experience and level of education. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Claims Manager in Thunder Bay, ON.
This chart describes the expected percentage of people who perform the job of Claims Manager in Thunder Bay, Ontario that make less than that annual salary. For example the median expected annual pay for a typical Claims Manager in Thunder Bay, ON is C$129,200, so 50% of the people who perform the job of Claims Manager in Thunder Bay, ON are expected to make less than C$129,200.
Source: HR Reported data as of March 27, 2024
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This chart describes the expected percentage of people who perform the job of Claims Manager in Thunder Bay, ON that make less than that salary. For example 50% of the people who perform the job of Claims Manager in Thunder Bay, ON are expected to make less than the median.
Source: HR Reported data as of March 27, 2024
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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. Manages appraisal and examination staff and processes. Assures timely and proper disposition of claims based on policy provisions. 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. 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. 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. View full job description
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