1. What is the average salary of a Claims Supervisor II?
The average annual salary of Claims Supervisor II is $99,919.
In case you are finding an easy salary calculator,
the average hourly pay of Claims Supervisor II is $48;
the average weekly pay of Claims Supervisor II is $1,922;
the average monthly pay of Claims Supervisor II is $8,327.
2. Where can a Claims Supervisor II earn the most?
A Claims Supervisor II's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Claims Supervisor II earns the most in San Jose, CA, where the annual salary of a Claims Supervisor II is $125,398.
3. What is the highest pay for Claims Supervisor II?
The highest pay for Claims Supervisor II is $119,196.
4. What is the lowest pay for Claims Supervisor II?
The lowest pay for Claims Supervisor II is $78,063.
5. What are the responsibilities of Claims Supervisor II?
Claims Supervisor II supervises most activities in the claims department. Leads the examination of personal and property and casualty insurance claims based on policy provisions, appraisal, and verifiable damage. Being a Claims Supervisor II interacts with claimants and oversees the review of records and documentation to ascertain insurance coverage. Supervises settlement negotiations within authorized limits and escalates claims exceeding authorization. Additionally, Claims Supervisor II may be responsible for reviewing and processing highly complex or high-value claims. May assist in training Property and Casualty Claims Examiners and Adjusters. May require a bachelor's degree. Typically reports to a manager or head of a unit/department. The Claims Supervisor II supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. To be a Claims Supervisor II typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes.
6. What are the skills of Claims Supervisor II
Specify the abilities and skills that a person needs in order to carry out the specified job duties. 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.)
Group Insurance: A type of insurance plan that covers a number of people in the same contract. Such a plan provides the same level of insurance coverage to all members of a group irrespective of their age, gender, occupation or socio-economic status.