Claims Supervisor III Salary in Chicago, Illinois

How much does a Claims Supervisor III make in Chicago, IL? The average Claims Supervisor III salary in Chicago, IL is $101,460 as of September 26, 2019, but the range typically falls between $93,274 and $113,743. 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. 

About Chicago, Illinois    Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois  area prices were up 0.8% from a year ago    View the Cost of Living in Chicago, Illinois

Skills Associated with Claims Supervisor III: Customer Support, Claim Settlement Policies, Insurance Claims Management Software, Claim Reviews ...More

Popular jobs: Physical Therapist, Actuary I, Aerospace Engineer I

Salary estimation for Claims Supervisor III at companies like : GIGAMON INC, PAYPAL HOLDINGS INC, RE/MAX HOLDINGS INC

Job Description

Claims Supervisor III supervises all activities in the claims department. Oversees the investigation of insurance claims for personal, property, or casualty loss based on coverage, appraisal, and verifiable damage. Being a Claims Supervisor III interacts with claimants and oversees the review of claim forms and other records to determine insurance coverage. Supervises negotiations to settle claims out-of-court up to a predetermined limit. Additionally, Claims Supervisor III refers claims exceeding authorized limits to next level of supervision. May be responsible for reviewing and processing highly complex or high-value claims. May assists in training subordinate Property and Casualty Claims Examiners and Adjusters. A level III supervisor has full authority and may be considered lower middle management. May require a bachelor's degree. Typically reports to a manager or head of a unit/department. The Claims Supervisor III 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. Thorough knowledge of department processes. To be a Claims Supervisor III typically requires 3-5 years experience in the related area as an individual contributor. (Copyright 2019 Salary.com)

See user submitted job responsibilities for Claims Supervisor III.

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Average Base Salary

Core compensation

 
 
 
93274
113743
101460

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
97262
121848
106558
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Claims Supervisor III in Chicago, IL. The base salary for Claims Supervisor III ranges from $93,274 to $113,743 with the average base salary of $101,460. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $97,262 to $121,848 with the average total cash compensation of $106,558.
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93274
113743

 

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Job Openings for Claims Supervisor III in Chicago, IL
Those that have already made the climb...
Michael J. Burns , Former Chief Financial Officer
Gigamon Inc. develops and delivers solution that delivers visibility and control of data-in-motion traversing enterprise, federal, and service provider networks in the United States, rest of Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers traffic intelligence applications that provid... More
Fiscal Year Ended in 2016
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