What are the job responsibilities of a Claims Agent? What does an individual in this position get paid in Ohio?
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Reviews settled claims to determine that payments and settlements have been made in accordance with company practices and procedures, ensuring that proper methods have been followed. Reports overpayments, underpayments, and other irregularities. Confers with legal counsel on claims requiring litigation.
In Ohio, the midpoint of salaries reported for the position (50th percentile) is $57,788. The 75th percentile (the rate below which 75% of salary data falls) is $73,325. The 25th percentile (the rate below which 25% of the data falls) is $42,921.
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How much should you pay a Claims Agent?
Compensation.BLR.com, a leading provider of compensation data, scores this job as exempt (not entitled to overtime). According to Compensation.BLR.com's rate ranges, grade 34 has a minimum of $49,814. The midpoint is $63,865, and the maximum is $79,830.
How much should an employer be paying a Claims Agent in Ohio? It depends on many factors, but the most important are the experience and skills of the employee or applicant. Answer these questions: How much experience does he or she have? How highly skilled is he or she? Then, use the table below. Interpolate as necessary.
| Applicant's Skills and Experience |
|---|
| | Beginner | Competent | Expert |
|---|
| Salary Survey | | | |
| National | $43,300 | $57,130 | $72,130 |
| Ohio | $42,921 | $57,788 | $73,325 |
| | | | |
| Rate Range (Grade 34) | | | |
National | $49,814 | $63,865 | $79,830 | | Ohio | $46,568 | $59,704 | $74,627 |