PricingCustomersResources
Try for FreeRequest a Demo
Open MenuClose Menu icon

salary information

Salary Information for a Claims Specialist in Dallas, TX

Median salary:

This data reflects Total Cash for a Level 5 Claims Specialist at a mid-size company. To get more detailed information on total compensation for the role of Claims Specialist in Dallas, TX, including base pay, total cash, and equity by job level, region and company size, please join OpenComp.

25th percentile
50th percentile
75th percentile

Behind the numbers

What is the adjusted total comp for a Claims Specialist in Dallas, TX?

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

66.3

Total Comp (TC)

Cost of Living (COL) Index
66.3
COL-Adjusted TC

Median Home Price

What are the responsibilities of a Claims Specialist in Dallas, TX?

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 5 Claims Specialist?

A level 5 Claims Specialist in Dallas, TX possesses a wide range of experience, and is looked to as a thought leader. Their work affects design, quality and timeline of entire product or service. Average experience 11 years.

Claims Specialist

Benchmark Role

Individual Contributor

Job Type

Claims

Job Family

Business

Job Area

Quality of Life in Dallas, TX at $108,800 Annual Income

Cost of Living

  • Overall Cost: Dallas is generally less expensive than other major metropolitan areas in the U.S., with the cost of living typically around the national average.
  • Food and Groceries: Prices are slightly below the national average, making day-to-day expenses manageable.
  • Utilities: These are reasonably priced, though Dallas’s hot summers can affect electricity bills.
  • Transportation: Public transportation costs are modest, but many residents rely on personal vehicles, impacting overall expenses due to fuel and maintenance costs.

Housing Market

  • Home Prices: As of 2023, median home prices in Dallas are slightly below the national median, meaning potential homebuyers might find better affordability.
  • Renting: Rental rates are competitive compared to other major U.S. cities, offering good options for those not looking to buy.
  • Real Estate Market: Dallas has a thriving real estate market with a range of options from apartments to larger family homes, suiting various budget levels.

Quality of Life

  • Income vs. Expenses: A salary of $108,800 allows for a comfortable lifestyle in Dallas, with potential for savings, dining out, and entertainment.
  • Entertainment and Culture: The city offers a diverse array of cultural venues, dining options, and activities, adding to a vibrant social life.

Access to Healthcare

  • Medical Facilities: Dallas boasts a number of high-ranking hospitals and healthcare facilities, providing excellent medical care.
  • Insurance: With a salary of $108,800, employees can typically access comprehensive health insurance plans.

Quality of K-12 Schools

  • Public Schools: There are many highly-rated public schools within the city and its suburbs, though the quality can vary by neighborhood.
  • Private Education: Numerous private and charter schools provide additional options for education, albeit at a higher cost.

Summary

Living in Dallas, TX, with an income of $108,800 offers a favorable balance between earnings and expenses. The city provides a comfortable lifestyle with access to affordable housing, excellent healthcare, and generally good schools. While the cost of living remains in line with national averages, the cultural and educational opportunities contribute positively to the overall quality of life.

See salary information for the Claims Specialist role elsewhere in the United States

Try OpenComp today

Sign-up to search for more detailed compensation information that includes base pay, total cash, and equity by role, city, and job level

What is OpenComp? OpenComp provides innovative solutions for compensation management. Organizations use OpenComp to:

OpenComp aggregates multiple data sources to provide accurate salary data for Dallas, TX, specifically for a Level 5 Claims Specialist. The primary source is real-time, crowd-sourced salary information collected through direct integrations with hundreds of customer-connected HRIS platforms.

You are in safe hands with us.

Feel confident that your comp data is safe and secure with OpenComp's access controls, data encryption, security certifications and system audits.