Entry-Level Salary Range
Entry-level claims adjusters and those with up to two years of experience were earning a median salary of $40,224 as of March 2011, according to Salary.com. The middle 50 percent of these claims adjusters earn $36,782 to $44,251 per year. The bottom 10 percent have annual salaries at or below $33,648, and the top 10 percent earn $47,916 and higher.
The median salary is the number in the exact middle of all the salary figures. Entry-level claims adjusters earn a median salary that is lower than the nationwide median in Little Rock, Arkansas, at $35,920 per year; Fond du Lac, Wisconsin, at $37,009; Lynchburg, Virginia, at $37,127; Wichita, Kansas, at $37,730; Wilkes-Barre, Pennsylvania, at $38,615; Albuquerque, New Mexico, at $38,937; Fort Lauderdale, Florida, at $39,098; and Indianapolis, Indiana, at $39,500.
In contrast, many cities have higher salaries for entry-level claims adjusters. Examples include Washington, D.C., at $43,844 per year; Los Angeles at $44,166; Seattle, Washington, at $44,247; Anchorage, Alaska, at $45,896; and Stamford, Connecticut, at $46,177. The median salaries in Anchorage and Stamford rank in the top 25 percent nationwide. In Stamford, the top 25 percent of entry-level claims adjusters make more than $50,000 per year, and the top 10 percent $55,000 per year.
Claims adjusters can expect to earn substantial increases in salary as they gain experience. Claims adjusters at level II, with two to four years of experience, have a median annual salary of $49,135 at the time of publication. A claims adjuster III, with four and more years of experience, has a median annual salary of $58,352. The middle 50 percent of claims adjusters at level III have a yearly pay rate of $51,509 to $65,948. The bottom 10 percent earn less than $45,280 per year, and the top 10 percent $72,864 and higher.