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salary information

Salary Information for a Claims Specialist in Milwaukee, WI

Median salary:

This data reflects Total Cash for a Level 1 Claims Specialist at a mid-size company. To get more detailed information on total compensation for the role of Claims Specialist in Milwaukee, WI, including base pay, total cash, and equity by job level, region and company size, please join OpenComp.

25th percentile
50th percentile
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Behind the numbers

What is the adjusted total comp for a Claims Specialist in Milwaukee, WI?

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 Milwaukee, WI?

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 1 Claims Specialist?

A level 1 Claims Specialist in Milwaukee, WI is a developing professional and technical expertise. They are able to resolve routine issues and problems and have an average of 1 year of work experience.

Claims Specialist

Benchmark Role

Individual Contributor

Job Type

Claims

Job Family

Business

Job Area

Quality of Life in Milwaukee, WI on $45,600 per Year

When evaluating the quality of life for an individual earning $45,600 annually in Milwaukee, WI, it’s essential to consider several factors, including the cost of living, housing market, access to healthcare, educational opportunities, and overall quality of life. Below are key points explaining how these elements compare to broader national averages.

Cost of Living

  • Overall Living Expenses: Milwaukee boasts a cost of living that is slightly lower than the national average. This can make it more manageable for individuals earning a moderate salary to maintain a good quality of life.
  • Utilities and Transportation: Utility costs are generally in line with national averages, while transportation expenses, including public transit, remain affordable.

Housing Market

  • Home Prices: As of recent data, Milwaukee's housing market features median home prices that are significantly lower than the US average, making homeownership more attainable for mid-income earners in the city.
  • Rentals: The cost of renting is also below the national average, which benefits those who are not looking to purchase a home or are transitioning into long-term homeownership.

Quality of Life

  • Cultural and Recreational Options: Milwaukee offers diverse cultural, dining, and recreational activities, enhancing the quality of life without the associated high costs found in larger metropolitan areas.
  • Safety and Community: While some neighborhoods face challenges, many areas of the city are known for their close-knit communities and relative safety, contributing positively to residents' sense of well-being.

Access to Healthcare

  • Healthcare Costs: Healthcare in Milwaukee is generally accessible but can vary in cost depending on coverage and healthcare providers. State programs and local centers often help mitigate these expenses for lower-income residents.
  • Quality of Services: The city hosts reputable hospitals and clinics providing quality healthcare services to its residents.

Quality of K-12 Schools

  • Public Education: Milwaukee offers a variety of public school options, though their quality can vary significantly by neighborhood. Some areas boast highly-rated schools, while others might face resource limitations.
  • Private and Charter Schools: There are also numerous private and charter school options that families might consider, often balancing quality and competitiveness.

Summary

Milwaukee, WI, provides an affordable and culturally rich environment for someone earning $45,600 per year. Although wages are modest, the cost of living and housing are lower than the national

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OpenComp aggregates multiple data sources to provide accurate salary data for Milwaukee, WI, specifically for a Level 1 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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