How much does a Claims Processing Manager make in the United States? The average Claims Processing Manager salary in the United States is $86,488 as of August 27, 2020, but the range typically falls between $77,157 and $95,844. 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 Processing Manager manages staff responsible for inputting new claims, processing payments, conducting billing research and responding to telephone inquires. Ensures timely and proper disposition of claims in accordance with coverage amounts. Being a Claims Processing Manager trains staff on organizational policies and ensures procedures are followed at all times. Provides guidance to junior staff on more complex or high-value claims. Additionally, Claims Processing Manager typically requires a bachelor's degree of business administration. Typically reports to the head of a unit/department. The Claims Processing 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. Extensive knowledge of department processes. To be a Claims Processing Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2020 Salary.com)... View full job description
Maiden Holdings, Ltd., through its subsidiaries, provides reinsurance solutions to regional and specialty insurers primarily in Europe and internationally. The company writes treaties on a quota share basis and excess of loss basis. It also offers auto and credit life insurance products through its insurer partners to ... More
Maiden Holdings, Ltd.
Fiscal Year Ended in 2018
What does a Claims Processing Manager do?
Claims Processing Manager in Albuquerque, NM
Prepare comprehensive reports and correspondence related to claims, coverage, and losses by utilizing database and spreadsheet capabilities.
February 19, 2020
Monitor strategy and progress of County claims adjusted by insurance companies, third party administrators, and self-insurance pools.
April 22, 2020
Works alone primarily, with or without directions.
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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Claims Processing Manager in the United States. The base salary for Claims Processing Manager ranges from $77,157 to $95,844 with the average base salary of $86,488. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $81,935 to $104,788 with the average total cash compensation of $93,437.