Home > Salary > Colombia > Claims Manager Insurance
A claims manager in the insurance industry is responsible for overseeing and managing the entire claims process. They play a crucial role in ensuring that policyholders receive fair and timely settlements for their claims. The occupation involves analyzing insurance policies, investigating claims, evaluating damages, and negotiating settlements with claimants. Claims managers work closely with adjusters, lawyers, and other professionals to gather necessary information, review documentation, and make informed decisions regarding claim settlements. They also handle customer inquiries, resolve disputes, and ensure compliance with legal and regulatory requirements.
Estimated Yearly Salary: 48,955,747 COP
Estimated Monthly Salary: 4,079,646 COP
Estimated Weekly Salary: 941,457 COP per week
Estimated Hourly Salary: 23,536 COP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 3,949,627 COP
Estimated Weekly Salary: 911,452 COP per week
Estimated Hourly Salary: 22,786 COP per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 10,839 USD
Estimated Monthly Salary: 903 USD
Estimated Weekly Salary: 208 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 48,955,747 COP
Estimated Monthly Salary: 4,079,646 COP
Estimated Weekly Salary: 941,457 COP per week
Estimated Hourly Salary: 23,536 COP per hour
By working as Claims Manager Insurance a person can save up to 643 USD per month or 7,714 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Colombia, see costs of living in Colombia.
Estimated Yearly Salary for Claims Manager Insurance
Last revision of data: 2025-01-04
Data as of 2025
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Claims Manager Insurance salary in Colombia
Average Yearly Salary of Claims Manager Insurance in Colombia is approximately 48,955,747 COP (10,839 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Claims Manager Insurance do?

Skills: Claims management, Insurance claims, Claims processing, Settlement negotiation, Policy analysis, Customer service.
Job industry: Insurance
Job industry: Insurance
How much does Claims Manager Insurance make?
Salary details
How much does Claims Manager Insurance make?Estimated Yearly Salary: 48,955,747 COP
Estimated Monthly Salary: 4,079,646 COP
Estimated Weekly Salary: 941,457 COP per week
Estimated Hourly Salary: 23,536 COP per hour
Comparing salary to last year:
Estimated Yearly Salary: 47,395,526 COPEstimated Monthly Salary: 3,949,627 COP
Estimated Weekly Salary: 911,452 COP per week
Estimated Hourly Salary: 22,786 COP per hour
Claims Manager Insurance estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 10,839 USD
Estimated Monthly Salary: 903 USD
Estimated Weekly Salary: 208 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Colombia is a country located in South America. It has a population of approximately 50 million people and covers an area of about 1.1 million square kilometers. The country is known for its diverse landscapes, including the Andes Mountains, Amazon rainforest, and Caribbean coastline.
Estimated national average yearly salary is 26,951,400 COP (6,510 USD). Value indicated is pre-tax. Below graph shows estimated Claims Manager Insurance job salary compared to average salary in Colombia.
Comparison shows that a person working as Claims Manager Insurance in Colombia earns on average:
1.82 times the average salary (or 182% of average salary).
Estimated national average yearly salary is 26,951,400 COP (6,510 USD). Value indicated is pre-tax. Below graph shows estimated Claims Manager Insurance job salary compared to average salary in Colombia.
Comparison shows that a person working as Claims Manager Insurance in Colombia earns on average:
1.82 times the average salary (or 182% of average salary).
Is Claims Manager Insurance a well paid job?
Yes, our data shows that Claims Manager Insurance is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Claims Manager Insurance?
High salary for Claims Manager Insurance would be somewhere between 53,851,322 COP and 70,985,833 COP. However this is an estimation based on Gaussian Distribution.How much can you save working as Claims Manager Insurance in Colombia?
Living in Colombia the approximate monthly expenses are: 260 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 48,955,747 COP
Estimated Monthly Salary: 4,079,646 COP
Estimated Weekly Salary: 941,457 COP per week
Estimated Hourly Salary: 23,536 COP per hour
By working as Claims Manager Insurance a person can save up to 643 USD per month or 7,714 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Colombia, see costs of living in Colombia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Ecuador, Peru, Brazil, Venezuela, Panama. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Claims Manager Insurance
Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
Top 10 highest salaries in Colombia
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5. Neurosurgeon
(238,525,529 COP per year, pre-tax.)
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(233,604,285 COP per year, pre-tax.)
8. Oncologist
(233,538,023 COP per year, pre-tax.)
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Random salary:
Executive director account management (64,048,496 COP per year, pre-tax.)
Slaughterer or meat packer (15,584,076 COP per year, pre-tax.)
Machine shop tool die (16,432,203 COP per year, pre-tax.)
Video producer (34,142,328 COP per year, pre-tax.)
Production manager (unspecified type) (29,108,340 COP per year, pre-tax.)
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