The salary of a VP of Claims in the United States varies depending on several factors, including experience, location, education level, marketing trend and company sizes.
As of March 01, 2025, the average annual salary for a VP of Claims in the United States is $246,504. Salary.com reports that pay typically ranges from $208,181 to $285,812, with most professionals earning between $173,289 and $321,600.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $285,812 | $23,818 | $5,496 | $137 |
| Average | $246,504 | $20,542 | $4,740 | $119 |
| 25th Percentile | $208,181 | $17,348 | $4,003 | $100 |
An entry-level VP of Claims with less than 1 year of experience earns about $220,325. With 1-2 years of experience, the average salary increases to $223,716. For 2-4 years of experience, the pay typically rises to $226,542. Senior-level professionals with 5-8 years of experience earn around $231,063, and those with over 8 years of experience can expect an average of $236,715.
| Levels | Salary |
|---|---|
| Entry Level VP of Claims | $220,325 |
| Intermediate Level VP of Claims | $223,716 |
| Senior Level VP of Claims | $226,542 |
| Specialist Level VP of Claims | $231,063 |
| Expert Level VP of Claims | $236,715 |
| Entry Level | 11% |
| Mid Level | 9% |
| Senior Level | 8% |
| Top Level | 6% |
| Experienced | 4% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of March 01, 2025, our research reveals a significant shift in VP of Claims compensation over the past six years. For example, the median salary increased from $202,361 in 2023 to approximately $203,589 in 2024. (For a detailed analysis of VP of Claims salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of VP of Claims information for you to search for. Click on search button below to see VP of Claims job openings or enter a new job title here.
Here are companies hiring for VP of Claims and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $246,504 | 61.0% | ||
| Bonus | $69,534 | 17.2% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $15,036 | 3.7% | ||
| 401K/403B | $11,750 | 2.9% | ||
| Disability | $2,528 | 0.6% | ||
| Healthcare | $6,056 | 1.5% | ||
| Pension | $13,750 | 3.4% | ||
| Time Off | $38,897 | 9.6% | ||
| Total Compensation | $404,055 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| High School | 9.3% |
| Associates | 1.9% |
| Bachelors | 63.0% |
| Masters | 14.8% |
| Doctorate | 11.1% |
What Am I Worth?
The average annual salary of VP of Claims is $246,504. In case you are finding an easy salary calculator, the average hourly pay of VP of Claims is $119; the average weekly pay of VP of Claims is $4,740; the average monthly pay of VP of Claims is $20,542.
A VP of Claims'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 VP of Claims earns the most in San Jose, CA, where the annual salary of a VP of Claims is $309,362.
The highest pay for VP of Claims is $321,600.
The lowest pay for VP of Claims is $173,289.
VP of Claims plans and directs all aspects of an organization's insurance claims function. Responsible for managing and implementing claims programs for all lines of insurance. Being a VP of Claims directs the review and settlement of complex or high dollar claims. Develops procedures and policies to enhance and improve the processing, investigation, and settlement of claims. Additionally, VP of Claims ensures legal examinations are made when appropriate. Requires a bachelor's degree. Typically reports to top management. The VP of Claims manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a VP of Claims typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function.
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.
Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
Claim Handling: involved in managing a claim from the start through to settlement, making decisions on the extent and validity of a claim, and checking for any potential fraudulent activity.
Prospecting: Prospecting is the first stage of the geological analysis (second – exploration) of a territory. It is the physical search for minerals, fossils, precious metals or mineral specimens, and is also known as fossicking. Prospecting is a small-scale form of mineral exploration which is an organised, large scale effort undertaken by commercial mineral companies to find commercially viable ore deposits. Prospecting is physical labour, involving traversing (traditionally on foot or on horseback), panning, sifting and outcrop investigation, looking for signs of mineralisation. In some areas a prospector must also make claims, meaning they must erect posts with the appropriate placards on all four corners of a desired land they wish to prospect and register this claim before they may take samples. In other areas publicly held lands are open to prospecting without staking a mining claim.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
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