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salary information

Salary Information for a Claims Specialist in New Orleans, LA

Median salary:

This data reflects Total Cash for a Level 4 Claims Specialist at a mid-size company. To get more detailed information on total compensation for the role of Claims Specialist in New Orleans, LA, 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 New Orleans, LA?

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

71.2

Total Comp (TC)

Cost of Living (COL) Index
71.2
COL-Adjusted TC

Median Home Price

What are the responsibilities of a Claims Specialist in New Orleans, LA?

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 4 Claims Specialist?

A level 4 Claims Specialist in New Orleans, LA is an extremely seasoned professional, one who is able to solve most issues and problems and uses their skills to drive company objectives and achieve goals. Average experience 8 years.

Claims Specialist

Benchmark Role

Individual Contributor

Job Type

Claims

Job Family

Business

Job Area

Quality of Life in New Orleans, LA With an $84,000 Salary

Living in New Orleans with an $84,000 annual salary can provide a comfortable lifestyle, although certain factors should be considered as they compare to the broader United States. Below, we break down major aspects of living in New Orleans to understand the quality of life relative to this income.

Cost of Living

  • Overall Cost: New Orleans' cost of living is slightly higher than the national average. Expenses such as transportation and groceries tend to be on par with national figures, but some costs, like entertainment and dining, might be higher due to the city's vibrant cultural scene.
  • Utilities and Transportation: Utility costs are typically reasonable, and public transportation offers an affordable commuting option with the New Orleans Regional Transit Authority.
  • Healthcare Costs: Basic healthcare expenses in New Orleans are fairly aligned with the national average, though premiums and out-of-pocket costs can vary.

Housing Market

  • Home Prices: The median home price in New Orleans is slightly above the national median, influenced by the city's unique architecture and historical significance.
  • Rental Market: Renting can also be expensive, especially in popular neighborhoods such as the French Quarter or Uptown. However, less tourist-oriented areas may offer more affordable options.

Quality of Life

  • Cultural Richness: New Orleans offers a rich cultural tapestry with its music, food, festivals, and vibrant community life. This enhances the overall quality of life by providing abundant recreational and social opportunities.
  • Community and Diversity: The city's diverse population contributes to a welcoming environment, promoting a strong sense of community.

Access to Healthcare

  • Healthcare Facilities: New Orleans is equipped with several reputable hospitals and medical centers, providing a good range of healthcare services.
  • Availability of Specialists: Access to specialists is generally good, but wait times may vary depending on the demand and specific specialization required.

Quality of K-12 Schools

  • Public Schools: The quality of K-12 public schools in New Orleans can be variable. Some districts and charter schools perform well, but others may face challenges.
  • Private and Charter Options: There are several private and charter school options that are noted for higher educational standards, but these can be costly.

Summary

An $84,000 salary in New Orleans provides a relatively comfortable lifestyle, considering the higher costs associated with housing and cultural amenities. The city's rich culture

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