As of July 01, 2026, the average salary for a Claims Settlement Manager in the United States is $125,623 per year, which breaks down to an hourly rate of $60.
However, a Claims Settlement Manager's salary can vary significantly. Here’s a look at the typical salary range:
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A Claims Settlement Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Experience is a primary driver of a Claims Settlement Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Claims Su... Level Claims Settlement Manager | $74,718 |
| Claims Su... Level Claims Settlement Manager | $98,614 |
| Claims Se... Level Claims Settlement Manager | $124,925 |
| Claims Ma... Level Claims Settlement Manager | $145,841 |
| Claims Di... Level Claims Settlement Manager | $179,543 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Claims Settlement Managers. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Leadership | 9.15% |
| PowerPoint | 1.6% |
| Client Service | 1.31% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Team Management
|
$135,673 |
8%
|
|
ARM
|
$135,673 |
8%
|
|
Managed Care
|
$134,417 |
7%
|
|
Continuous Improvement
|
$134,417 |
7%
|
|
Project Management
|
$134,417 |
7%
|
|
Reinsurance
|
$134,417 |
7%
|
For Claims Settlement Manager roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Transportation sectors offer the strongest compensation, at 20% above the average. In contrast, Claims Settlement Manager positions in Retail & Wholesale or MFG Nondurable typically offer lower base pay, as these industries often view Claims Settlement Manager as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $150,748 | $72.0 | 20% |
| Transportation | $144,466 | $69.0 | 15% |
| Business Services | $138,185 | $66.0 | 10% |
| Energy & Utilities | $131,904 | $63.0 | 5% |
Your level of education can impact your salary potential. While many Claims Settlement Managers enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Claims Settlement Manager with a Bachelor's Degree is between $122,475 and $130,849).
Claims Settlement Manager Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 1.0% |
| High School | 18.2% |
| Associates | 10.9% |
| Bachelors | 44.4% |
| Masters | 18.4% |
| Doctorate | 7.0% |
Understanding how a Claims Settlement Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on July 01, 2026Salaries for a Claims Settlement Manager can change over time, reflecting shifts in market demand and the overall economy. The median salary increased from $104,395 in 2023 to around $104,847 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Claims Settlement Manager salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $104,395 |
| 2024 | $105,506 |
| 2025 | $104,847 |
| 2026 |
View More
|
| 2027 |
View More
|
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