Howmet Aerospace Inc. Claims Manager Salary in the United States

How much does a Claims Manager make at companies like Howmet Aerospace Inc. in the United States? The average salary for Claims Manager at companies like Howmet Aerospace Inc. in the United States is $135,215 as of February 26, 2024, but the range typically falls between $119,598 and $151,762. 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.  View the Cost of Living in Major Cities

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What does a Claims Manager do at companies like Howmet Aerospace Inc.?

Claims Manager manages the operations of an insurance claims department to meet operational, financial, and service requirements. Oversees the intake and processing of insurance claims for personal, property, or casualty loss based on coverage, appraisal, and verifiable damage. Being a Claims Manager manages appraisal and examination staff and processes. Assures timely and proper disposition of claims based on policy provisions. Additionally, Claims Manager recommends and implements best practices to ensure complete and thorough claim settlements, legal reviews, and investigations following company policies and insurance industry regulations. Determines the value of settlements for escalated claims. Manages negotiations of settlements and administration of claims in litigation. Typically requires a bachelor's degree. Typically reports to a director. The Claims 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. To be a Claims Manager typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)

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$119,598 Low Average $135,215 High $151,762

Understand the total compensation opportunity for Claims Manager at companies like Howmet Aerospace Inc., base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
$119,598
$151,762
$135,215

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
$129,262
$172,957
$149,073
These charts show the average base salary (core compensation), as well as the average total cash compensation for Claims Manager in companies like Howmet Aerospace Inc. in the United States. The base salary for Claims Manager in companies like Howmet Aerospace Inc. range from $119,598 to $151,762 with the average base salary of $135,215. The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $129,262 to $172,957 with the average total cash compensation of $149,073.
Job Openings for Howmet Aerospace Inc. Claims Manager
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Develop and implement processes for timely claims management. 1. Process Improvement: Continuously analyzing and refining claims processing workflows to increase efficiency, reduce errors, and ...
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