What is the salary range of Workers' Compensation Claims Manager?

As of December 01, 2024, the average annual pay of Workers' Compensation Claims Manager in Nashville, TN is $88,615. While Salary.com is seeing that Workers' Compensation Claims Manager salary in Nashville, TN can go up to $110,648 or down to $71,986, but most earn between $79,911 and $100,148. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Workers' Compensation Claims Manager in the United States.

Workers' Compensation Claims Manager Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $106,314 $8,860 $2,045 $51
Average $94,072 $7,839 $1,809 $45
25th Percentile $84,831 $7,069 $1,631 $41

Average Salary

25% $79,911 10% $71,986 90% $110,648 75% $100,148 $88,615 50%(Median) Didn’t find job title? Click
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Salary.com provides you with accurate and diversified Workers' Compensation Claims Manager salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Workers' Compensation Claims Manager hourly pay, weekly pay, monthly pay and so on.

Last Updated on December 01, 2024
Last Updated on December 01, 2024
Levels Salary
Entry Level Workers' Compensation Claims Manager $84,974
Intermediate Level Workers' Compensation Claims Manager $85,362
Senior Level Workers' Compensation Claims Manager $86,267
Specialist Level Workers' Compensation Claims Manager $89,063
Expert Level Workers' Compensation Claims Manager $92,491
$84,974 0 yr
$85,362 < 2 yrs
$86,267 2-4 yrs
$89,063 5-8 yrs
$92,491 > 8 yrs
Last Updated on December 01, 2024
Entry Level 10%
Mid Level 9%
Senior Level 8%
Top Level 5%
Experienced 2%
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Last Updated on December 01, 2024

Job Openings of Workers' Compensation Claims Manager

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Cost of Living In Nashville, TN

Cost of Living in Nashville , TN is
3.2% Higher
than the National Average
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Best-Paid Skills and Qualifications for Workers' Compensation Claims Manager

What skills does a Workers' Compensation Claims Manager need?

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.

Risk Management: Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.

2.

Subrogation: Subrogation is the assumption by a third party of another party's legal right to collect a debt or damages. It is a legal doctrine whereby one person is entitled to enforce the subsisting or revived rights of another for one's own benefit.

3.

Quality Audit: Quality audit is the process of systematic examination of a quality system carried out by an internal or external quality auditor or an audit team. It is an important part of an organization's quality management system and is a key element in the ISO quality system standard, ISO 9001. Quality audits are typically performed at predefined time intervals and ensure that the institution has clearly defined internal system monitoring procedures linked to effective action. This can help determine if the organization complies with the defined quality system processes and can involve procedural or results-based assessment criteria. With the upgrade of the ISO9000 series of standards from the 1994 to 2008 series, the focus of the audits has shifted from purely procedural adherence towards measurement of the actual effectiveness of the Quality Management System (QMS) and the results that have been achieved through the implementation of a QMS.

Risk Management 4.55%
Subrogation 2.27%
Quality Audit 2.27%
Others 90.91%
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What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Workers' Compensation Claims Manager higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Process Improvement, you can get a 24% salary raise. If you are good at Quality Audit, your salary will increase by 19%. If you are expert in Commitment, your salary will rise by 16%.
Skill Salary Demand
Process Improvement
$109,883
24%
Quality Audit
$105,452
19%
Commitment
$102,794
16%
Managing People
$100,135
13%
Team Management
$97,477
10%
Claim Processing
$97,477
10%
Last Updated on December 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Workers' Compensation Claims Manager is $88,615 per year in Nashville, TN, updated at December 01, 2024.
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