Prize Claim Dept Salary

Prize Claim Dept Salary

How much does the Prize Claim Dept Pay for employees?

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As of August 2026, the average annual salary for employees at Prize Claim Dept in the United States is $100,069. This translates to an approximate hourly wage of $48. Salaries at Prize Claim Dept typically range from $88,007 to $113,233 annually, reflecting the diverse roles and experience levels within the company. Prize Claim Dept’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at Prize Claim Dept

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Is Prize Claim Dept’s Pay Competitive? Salary Benchmarking Analysis

How does Prize Claim Dept’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
150k
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Average Salary ($/year)
Prize Claim Dept
Insurance
Senior Health Care Insurance Services Ltd
Continental Divide Insurance Co
Industry Comparison
Our data shows that, on average, compensation at Prize Claim Dept is below the average for the U.S. Insurance industry by approximately 19%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Prize Claim Dept average annual salary with several similar companies. Prize Claim Dept average salary of $100,069 is higher than Senior Health Care Insurance Services Ltd, which has an average salary of $95,122. It is higher than Continental Divide Insurance Co, with their average salary at $87,506. This places Prize Claim Dept in a competitive position among its peers.
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How Prize Claim Dept's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Prize Claim Dept. Click a company name to learn more.

Employee Reviews: Working at Prize Claim Dept

Considering a career at Prize Claim Dept? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The leadership team is engaged, and the work environment is collaborative. Benefits are excellent. The benefits are standard for the industry, and the office environment is comfortable. Team dynamics are positive, and management is fair.
Commented in May 27, 2025
17
0
The team is close-knit, and everyone helps each other succeed. Colleagues are collaborative and helpful. It’s rare to find such a balanced and employee-focused company in this sector. I’ve grown significantly in my role thanks to the company’s focus on skill development. Colleagues are professional, though more team-building activities would be nice. Standard insurance industry perks. The workload...
Commented in February 28, 2025
46
2
Compensation aligns with industry standards, and benefits like health coverage are satisfactory. Communication from upper management is consistent, though not always detailed. While no workplace is perfect, the positives far outweigh any minor challenges. Training programs are thorough, helping employees stay updated in the insurance field.
Commented in February 20, 2024
40
1

Prize Claim Dept Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Insurance
Headquarter Address
5324 S Blackstone Ave Chicago Illinois IL 60615
Revenue
<$5 Million
Phone Number
+1 7734938245
Social Media
About Prize Claim Dept
Prize Claim Dept is a company that operates in the Insurance industry. It employs 51-100 people and has $1M-$5M of revenue. The company is headquartered in Chicago, Illinois.

What Benefits Does Prize Claim Dept Offer Beyond Salary?

A competitive compensation package is more than just a salary. Prize Claim Dept offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Prize Claim Dept.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Prize Claim Dept, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Prize Claim Dept salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Prize Claim Dept

1. How much does a Prize Claim Dept employee make?

Prize Claim Dept pays its employees an average of $100,069 per year. The average salary at Prize Claim Dept range from $88,007 to $113,233 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. Which similar company tend to pay more or less than Prize Claim Dept?

The salary at Prize Claim Dept is higher than the similar company. The average annual salary at Prize Claim Dept is $100,069, or an hourly wage of $48, in comparison to Senior Health Care Insurance Services Ltd which pays $95,122 per year or $46 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Prize Claim Dept?

In many roles at Prize Claim Dept, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Chicago affect the perceived value of a Prize Claim Dept salary?

Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from Prize Claim Dept based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Prize Claim Dept typically offer employees?

Prize Claim Dept generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Prize Claim Dept" section on this page.

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