Salary for Claims Examiners for Property and Casualty Insurance
This occupation has now been updated to Claims Adjusters, Examiners, and Investigators
Also known as: Claims Analyst, Fire Claims Adjuster, Health Claims Examiner, Health Insurance Adjuster, Independent Insurance Adjuster, Medical Claims Analyst, Medical Claims Examiner, Property and Casualty Insurance Claims Examiner, Property Damage Claims Adjustor, Reinsurance Claims Analyst
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Claims examiners working in the areas of property and casualty insurance review insurance claims that have been settled in order to ensure that decisions were made according to company policy, and in accordance with local, state, and federal regulations. They search for irregularities including overpayments and underpayments, and when necessary confer with the insurance firm's legal counsel on claims that require litigation. The majority of professionals in this field have obtained a college degree, and have several years of experience in the insurance industry.A Claims Examiner, Property or Casualty Insurance can receive an average pay level of between $41,950 to $103,610 depending on experience and education levels. Claims Examiners can earn an average compensation of seventy thousand six hundred and fifty dollars each year.
Claims Examiners are compensated highest in District of Columbia, where they earn compensation, on average, of close to about $89,830. These employees make the highest salary in Construction, where they can earn an average salary rate of $85,850.
The annual compensation for this career has gone up since 2004. Salaries have increased by an average of 46.27 percent nationwide in that time.
Claims Examiners for Property and Casualty Insurance tend to make the most in the following industries:
In general, they earn less within the industries below: