Claims Associate Salary in Farmington, NM
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How much does a Claims Associate make in Farmington, NM? The average Claims Associate salary in Farmington, NM is $44,501 as of September 01, 2024, but the salary range typically falls between $39,922 and $50,002. 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.
Salary range for a Claims Associate
$39,922 to $50,002
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Claims Associate
Review the job openings and experience requirements for the Claims Associate job to confirm that it is the job you are seeking.
See user submitted job responsibilities for Claims Associate.
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What does a Claims Associate do?
Common responsibilities of a Claims Associate
Develop skills to handle caseload of professional liability claims, including evaluating coverage, retaining outside counsel, documenting file, and participating in and influencing the outcome of the resolution of files.
October 26, 2022
Prepare and file claims as assigned which includes but is not limited to researching and reading servicing notes from multiple mortgage servicing companies, accounting for all expenses incurred during default and eligibility of reimbursement, and reconciliation of funds sent or received.
December 15, 2022
Participate in meetings with the leadership to proactively assess guidelines and procedures, scope and progress of client special projects, ongoing training and processes.
December 13, 2022
Handles multiple computer applications while helping customers on the phone while maintaining quality records in a fast-paced collaborative team environment.
February 16, 2023
Demonstrate commitment to Company's Code of Business Conduct and Ethics, and apply knowledge of compliance policies and procedures, standards and laws applicable to job responsibilities in the performance of work.
February 18, 2023
Communicates with team members, business partners, and external customers which may require contact by telephone, written correspondence, in-person, or other electronic media.
March 22, 2023
Review and evaluate construction documents and schedules and assist in the assembly of expert reports for the resolution of construction claims.
April 08, 2023
Assist the Director of Risk Management in the general, operational, financial and administrative handling of all NAM claims, both marine cargo as well as marine liability claims.
May 04, 2023
Provide Claims Processor perspective for one-off department and/or client initiatives such as (but not limited to) internal process reviews, validation of work instructions, etc.
May 05, 2023
Works well within a team environment to give and solicit feedback, identify opportunities for growth of self and other team members.
May 10, 2023
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Claims Associate Salary By Experience Levels in Farmington, NM
How much should you be earning in Claims Associate in Farmington, NM based on your current experience?
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RELEVANT JOB EXPERIENCE
Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.
Claims Associate Salary By Level of Education in Farmington, NM
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Tell us about your education and see an estimate of earnings for Claims Associate in Farmington, NM and well to know the impact of education on future careers.
LEVEL OF EDUCATION
Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.
Average Salary Range for Claims Associate in Farmington, NM
Average Base Salary
Core compensation
39922
50002
Average Total Cash Compensation
Includes base and annual incentives
What is the average salary for Claims Associate in 2024?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Claims Associate in Farmington, NM. The base salary for Claims Associate ranges from $39,922 to $50,002 with the average base salary of $44,501. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $40,752 to $51,474 with the average total cash compensation of $45,715.
View Average Salary for Claims Associate as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $44,501 | $39,922 - $50,002 |
| Bonus | $1,214 | $830 - $1,472 |
| Total Pay | $45,715 | $40,752 - $51,474 |
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.
Claims Associate Salary Near Farmington, NM
| CITY, STATE | AVERAGE SALARY RANGE | COMPARE TO Farmington, NM |
|---|---|---|
| CITY, STATE Rio Rancho, NM | AVERAGE SALARY RANGE $40,320 - $50,500 | COMPARE TO Farmington, NM |
| CITY, STATE Albuquerque, NM | AVERAGE SALARY RANGE $40,449 - $50,662 | COMPARE TO Farmington, NM |
| CITY, STATE Santa Fe, NM | AVERAGE SALARY RANGE $40,654 - $50,918 | COMPARE TO Farmington, NM |
| CITY, STATE Grand Junction, CO | AVERAGE SALARY RANGE $44,138 - $55,282 | COMPARE TO Farmington, NM |
| CITY, STATE Pueblo, CO | AVERAGE SALARY RANGE $40,370 - $50,562 | COMPARE TO Farmington, NM |
| CITY, STATE Jefferson, CO | AVERAGE SALARY RANGE $43,798 - $54,857 | COMPARE TO Farmington, NM |
See salaries for Claims Associate in locations close to Farmington, NM. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.
About Farmington, New Mexico
Farmington (Navajo: Tóta) is a city in San Juan County in the U.S. state of New Mexico. As of the 2013 population estimate from the United States Census Bureau the city had a total population of 45,426 people. Farmington (and surrounding San Juan County) makes up one of the four Metropolitan Statistical Areas (MSA's) in New Mexico. The U.S. Census Bureau's population estimate in 2011 for Farmington was about 45,256.
Farmington is located at the junction of the San Juan River, the Animas River, and the La Plata River, and is located on the Colorado Plateau. Farmington is the largest city of San...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
View Salary for Similar Jobs to Claims Associate in Farmington, NM
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| JOB TITLE | LOCATION | MINIMUM SALARY | MAXIMUM SALARY |
|---|---|---|---|
| JOB TITLE Insurance Claims Associate | LOCATION Farmington, NM | MINIMUM SALARY $39,118 | MAXIMUM SALARY $48,350 |
| JOB TITLE Associate Claims Adjuster | LOCATION Farmington, NM | MINIMUM SALARY $46,553 | MAXIMUM SALARY $60,717 |
| JOB TITLE Associate Claims Specialist | LOCATION Farmington, NM | MINIMUM SALARY $53,586 | MAXIMUM SALARY $64,744 |
| JOB TITLE Associate Claims Examiner | LOCATION Farmington, NM | MINIMUM SALARY $60,697 | MAXIMUM SALARY $77,820 |
| JOB TITLE Claims Operations Associate | LOCATION Farmington, NM | MINIMUM SALARY $51,808 | MAXIMUM SALARY $65,734 |
| JOB TITLE Associate Claims Representative | LOCATION Farmington, NM | MINIMUM SALARY $32,683 | MAXIMUM SALARY $40,924 |
The Claims Associate job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Farmington, NM that might be a good fit for the type of job and salary you are looking for.
About Farmington, New Mexico Farmington (Navajo: Tóta) is a city in San Juan County in the U.S. state of New Mexico. As of the 2013 population estimate from the United States Cens....More
Farmington, New Mexico area prices were up 2.5% from a year ago
Claims Associate Salary in popular cities: Albuquerque, Las Cruces, Rio Rancho
Recently searched related titles: Claim Associate, Claims Service Assistant, Financial Eligibility Specialist
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role
Jobs with a similar salary range to Claims Associate : Participant Liaison, Eligibility Interviewer, Group Administrator