Home > Salary > Singapore > Claims Manager
A claims manager is responsible for overseeing and managing the process of insurance claims. They analyze insurance policies, review claim forms, and investigate the validity of claims. Their main role is to ensure that claims are processed accurately, efficiently, and in compliance with company policies and legal regulations. Claims managers work closely with policyholders, insurance agents, and adjusters to gather necessary information and documentation to evaluate claims. They assess the extent of coverage, negotiate settlements, and make recommendations for claim resolution. Additionally, claims managers may supervise a team of claims adjusters, provide guidance and support, and handle escalated or complex claims.
Estimated Yearly Salary: 207,620 SGD
Estimated Monthly Salary: 17,302 SGD
Estimated Weekly Salary: 3,993 SGD per week
Estimated Hourly Salary: 100 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 16,725 SGD
Estimated Weekly Salary: 3,860 SGD per week
Estimated Hourly Salary: 96 SGD per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 103,853 USD
Estimated Monthly Salary: 8,654 USD
Estimated Weekly Salary: 1,997 USD per week
Estimated Hourly Salary: 50 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.
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Estimated Yearly Salary: 207,620 SGD
Estimated Monthly Salary: 17,302 SGD
Estimated Weekly Salary: 3,993 SGD per week
Estimated Hourly Salary: 100 SGD per hour
By working as Claims Manager a person can save up to 5,966 USD per month or 71,597 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 Singapore, see costs of living in Singapore.
Estimated Yearly Salary for Claims Manager
Last revision of data: 2025-01-04
Data as of 2025
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Claims Manager salary in Singapore
Average Yearly Salary of Claims Manager in Singapore is approximately 207,620 SGD (103,853 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 do?
A claims manager is responsible for overseeing and managing the process of insurance claims. They analyze insurance policies, review claim forms, and investigate the validity of claims. Their main role is to ensure that claims are processed accurately, efficiently, and in compliance with company policies and legal regulations. Claims managers work closely with policyholders, insurance agents, and adjusters to gather necessary information and documentation to evaluate claims. They assess the extent of coverage, negotiate settlements, and make recommendations for claim resolution. Additionally, claims managers may supervise a team of claims adjusters, provide guidance and support, and handle escalated or complex claims.
Skills: Claims management, Insurance claims, Policy analysis, Claim resolution, Claims investigation, Settlement negotiation
Job industry: Insurance
Job industry: Insurance
How much does Claims Manager make?
Salary details
How much does Claims Manager make?Estimated Yearly Salary: 207,620 SGD
Estimated Monthly Salary: 17,302 SGD
Estimated Weekly Salary: 3,993 SGD per week
Estimated Hourly Salary: 100 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 200,700 SGDEstimated Monthly Salary: 16,725 SGD
Estimated Weekly Salary: 3,860 SGD per week
Estimated Hourly Salary: 96 SGD per hour
Last revision of data: 2024-01-06Claims Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 103,853 USD
Estimated Monthly Salary: 8,654 USD
Estimated Weekly Salary: 1,997 USD per week
Estimated Hourly Salary: 50 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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
Singapore is a vibrant and cosmopolitan city-state located in Southeast Asia. With a population of approximately 5.7 million people, it is one of the most densely populated countries in the world. Despite its small size, measuring only 719 square kilometers, Singapore has become a global hub for trade, finance, and tourism.
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Claims Manager job salary compared to average salary in Singapore.
Comparison shows that a person working as Claims Manager in Singapore earns on average:
2.18 times the average salary (or 218% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Claims Manager job salary compared to average salary in Singapore.
Comparison shows that a person working as Claims Manager in Singapore earns on average:
2.18 times the average salary (or 218% of average salary).
Is Claims Manager a well paid job?
Yes, our data show that Claims Manager is a very 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?
High salary for Claims Manager would be somewhere between 228,382 SGD and 301,049 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Claims Manager in Singapore?
Living in Singapore the approximate monthly expenses are: 2,688 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: 207,620 SGD
Estimated Monthly Salary: 17,302 SGD
Estimated Weekly Salary: 3,993 SGD per week
Estimated Hourly Salary: 100 SGD per hour
By working as Claims Manager a person can save up to 5,966 USD per month or 71,597 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 Singapore, see costs of living in Singapore.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Malaysia, Indonesia. 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
Malaysia is 27,453 USD
Indonesia is 16,304 USD Last revision of data: 2025-01-04Salary 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
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Singapore
(1,400,313 SGD per year, pre-tax.)
2. Cardiologist
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5. Neurosurgeon
(1,091,467 SGD per year, pre-tax.)
(1,068,249 SGD per year, pre-tax.)
7. Oncologist
(1,067,130 SGD per year, pre-tax.)
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Data as of 2025Random salary:
Process engineer semiconductor (227,713 SGD per year, pre-tax.)
Recruiting assistant manager (117,196 SGD per year, pre-tax.)
Astrophysicist (253,958 SGD per year, pre-tax.)
Clinical trainer (97,759 SGD per year, pre-tax.)
Technology services manager (95,231 SGD per year, pre-tax.)
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