As of April 01, 2025, the average annual salary for a Claims Executive in the United States is $246,933. According to Salary.com, salaries can range from a low of $173,610 to a high of $322,166, with most professionals earning between $208,553 and $286,313.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $286,313 | $23,859 | $5,506 | $138 |
| Average | $246,933 | $20,578 | $4,749 | $119 |
| 25th Percentile | $208,553 | $17,379 | $4,011 | $100 |
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 April 01, 2025, our research reveals a significant shift in Claims Executive 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 Claims Executive 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 Claims Executive information for you to search for. Click on search button below to see Claims Executive job openings or enter a new job title here.
Here are companies hiring for Claims Executive and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $246,933 | 61.0% | ||
| Bonus | $69,660 | 17.2% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $15,044 | 3.7% | ||
| 401K/403B | $11,750 | 2.9% | ||
| Disability | $2,533 | 0.6% | ||
| Healthcare | $6,056 | 1.5% | ||
| Pension | $13,750 | 3.4% | ||
| Time Off | $38,965 | 9.6% | ||
| Total Compensation | $404,691 | 100% | ||
The average annual salary of Claims Executive is $246,933. In case you are finding an easy salary calculator, the average hourly pay of Claims Executive is $119; the average weekly pay of Claims Executive is $4,749; the average monthly pay of Claims Executive is $20,578.
A Claims Executive'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 Claims Executive earns the most in San Jose, CA, where the annual salary of a Claims Executive is $311,453.
The highest pay for Claims Executive is $322,166.
The lowest pay for Claims Executive is $173,610.
The Claims Executive is responsible for managing and implementing claims programs for all lines of insurance. Plans and directs all aspects of an organization's insurance claims function. Being a Claims Executive develops procedures and policies to enhance and improve the processing, investigation, and settlement of claims. Directs the review and settlement of complex or high dollar claims. In addition, Claims Executive ensures legal examinations are made when appropriate. Requires a bachelor's degree. Typically reports to top management. The Claims Executive 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. Working as a Claims Executive 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.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
