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salary information

Salary Information for a Claims Specialist in Cleveland, OH

Median salary:

This data reflects Total Cash for a Level 2 Claims Specialist at a mid-size company. To get more detailed information on total compensation for the role of Claims Specialist in Cleveland, OH, including base pay, total cash, and equity by job level, region and company size, please join OpenComp.

25th percentile
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Behind the numbers

What is the adjusted total comp for a Claims Specialist in Cleveland, OH?

Total Comp (TC)
Cost of Living (COL) Index
COL-Adjusted TC
Median Home Price

Total Comp (TC)

Cost of Living (COL) Index
COL-Adjusted TC

Median Home Price

What are the responsibilities of a Claims Specialist in Cleveland, OH?

Claims Specialists are responsible for processing and managing claims related to insurance policies, ensuring that all claims are thoroughly investigated and appropriately resolved. They are also responsible for communicating with policyholders, insurance agents, and other stakeholders to provide exceptional customer service and support throughout the claims process. Additionally, Claims Specialists must stay up-to-date with policy changes, regulatory requirements, and industry trends to ensure accuracy and compliance in their work.

What are the characteristics of a level 2 Claims Specialist?

A level 2 Claims Specialist in Cleveland, OH has well developed professional and technical expertise. Their work impacts the quality and timeline of part of a product or servie. They typically have 3 yearas of average experience.

Claims Specialist

Benchmark Role

Individual Contributor

Job Type

Claims

Job Family

Business

Job Area

Quality of Life in Cleveland, OH on a $55,200 Salary

Cleveland, Ohio, offers a unique living experience, especially for those earning a salary of $55,200 annually. The affordability of living in Cleveland allows for a comfortable lifestyle compared to many other U.S. cities. Below is a breakdown of the key factors influencing the quality of life in Cleveland.

Cost of Living

  • Overall Affordability: Cleveland's cost of living is generally lower than the national average. This means everyday expenses, such as groceries, utilities, and transportation, are more manageable.
  • Expenses Breakdown: Essential services and products are more accessible due to lower costs, enhancing the overall quality of life for residents with modest incomes.

Housing Market

  • Home Prices: The average home price in Cleveland is considerably more affordable than in many parts of the United States. This provides an opportunity for homeownership on a middle-income salary.
  • Rental Market: Renters also benefit from reasonable rental prices, which are below the national average, allowing for savings or additional expenditure in other areas.

Quality of Life

  • Community and Culture: Cleveland boasts a rich cultural scene, including museums, theaters, and music venues, which enhances residents' lives without the high costs seen in larger cities.
  • Recreation: Access to public parks and Lake Erie offers numerous outdoor activities, contributing to a healthy and active lifestyle.

Access to Healthcare

  • Healthcare Facilities: Cleveland is renowned for its healthcare institutions, including the Cleveland Clinic, providing top-notch medical services to residents.
  • Healthcare Costs: While healthcare is generally expensive nationwide, the presence of reputable facilities offers value through quality care.

Quality of K-12 Schools

  • Public Schools: The quality of K-12 education in Cleveland can vary significantly. Some districts offer excellent programs, while others may face challenges.
  • School Choice: Options such as charter schools and open enrollment policies can help parents find suitable educational environments for their children.

Summary

Living in Cleveland, OH, on a $55,200 salary provides a comfortable and enriching life relative to the broader U.S. The city’s lower cost of living and affordable housing contribute significantly to this comfort. Access to excellent healthcare facilities and a vibrant cultural scene further enhance the overall quality of life while challenges in public education remain. Overall, Cleveland offers a balanced and fulfilling lifestyle for individuals and families within a reasonable financial framework

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OpenComp aggregates multiple data sources to provide accurate salary data for Cleveland, OH, specifically for a Level 2 Claims Specialist. The primary source is real-time, crowd-sourced salary information collected through direct integrations with hundreds of customer-connected HRIS platforms.

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