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salary information

Salary Information for a Claims Specialist in Honolulu, HI

Median salary:

This data reflects Total Cash for a Level 3 Claims Specialist at a mid-size company. To get more detailed information on total compensation for the role of Claims Specialist in Honolulu, HI, 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 Honolulu, HI?

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

87.5

Total Comp (TC)

Cost of Living (COL) Index
87.5
COL-Adjusted TC

Median Home Price

What are the responsibilities of a Claims Specialist in Honolulu, HI?

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 3 Claims Specialist?

A level 3 Claims Specialist in Honolulu, HI is a seasoned professional with competence, creativity in wide range of technical areas. They resolves most issues and problems effectively. Average experience 5.5 years.

Claims Specialist

Benchmark Role

Individual Contributor

Job Type

Claims

Job Family

Business

Job Area

Quality of Life in Honolulu, HI for an Income of $66,400

Moving to or living in Honolulu, HI, with an income of $66,400 presents both unique opportunities and challenges due to the city's distinctive characteristics in terms of cost of living, housing, and quality of life compared to the broader United States. Here’s a structured view of the factors impacting quality of life in Honolulu.

Cost of Living

  • Higher Than National Average: Honolulu's overall cost of living is significantly higher than the national average. This is primarily driven by housing, utilities, groceries, and transportation costs.
  • Utilities and Groceries: Residents face higher utility bills and grocery costs due to the island's reliance on imported goods and resources. Prices may range from 25% to 50% higher than mainland cities.
  • Transportation: Public transportation is available, but owning and maintaining a vehicle can be costly due to fuel prices and island logistics.

Housing Market

  • Expensive Real Estate: The median home price in Honolulu is considerably higher than the national median, often exceeding $800,000. This makes homeownership challenging on a $66,400 income.
  • Limited Rental Options: Renting can also be pricey, with average monthly rents for a one-bedroom apartment surpassing $1,500. Affordable housing options are limited.
  • High Demand: The demand for housing remains high due to the desirable living conditions and limited geographic space.

Quality of Life

  • Natural Beauty and Climate: Residents enjoy a warm, tropical climate year-round, with stunning beaches, vibrant natural scenery, and outdoor activities.
  • Cultural and Recreational Opportunities: Honolulu offers rich cultural events and recreational activities, making it a vibrant place for social and entertainment interactions.
  • Community and Lifestyle: The Hawaiian lifestyle emphasizes community, relaxation, and cultural richness, which can enhance one's quality of life beyond material wealth.

Access to Healthcare

  • Quality Healthcare System: Honolulu hosts several high-quality healthcare facilities, providing residents with access to comprehensive medical services.
  • Higher Healthcare Costs: While healthcare services are excellent, they come at a higher cost compared to many mainland locations, often requiring careful budget allocations for medical expenses.

Quality of K-12 Schools

  • Public and Private Schools: The city offers a range of public and private K-12 schools with generally positive reputations.
  • Educational Performance: Some public schools

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

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