Average Claims Resolution Specialist Salary in Bahamas for 2026

In this article, we will look at the average Claims Resolution Specialist salary for 2026 in Bahamas and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Bahamian dollar. To keep things simple, we are using the BSD currency code instead of the currency symbol $.

How Much Does a Claims Resolution Specialist Make in Bahamas?

A Claims Resolution Specialist working in Bahamas will typically earn around 52,300 BSD per year, and this can range from the lowest average salary of about 27,800 BSD to the highest average salary of 83,300 BSD.

These are average salaries for a Claims Resolution Specialist in Bahamas and include benefits such as housing and transport. It's also possible for a Claims Resolution Specialist to earn more or less than the average salaries shown above.

Claims Resolution Specialist salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Claims Resolution Specialist Salaries in Bahamas

So we've looked at the average salaries a Claims Resolution Specialist will earn in Bahamas. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Claims Resolution Specialist can earn between 27,800 BSD and 83,300 BSD on average in Bahamas. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Claims Resolution Specialist in Bahamas is 53,800 BSD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 53,800 BSD, and 50% of the population earn more than 53,800 BSD.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Claims Resolution Specialist salary in Bahamas, 25% of the population are earning less than 36,400 BSD while 75% of the population earn more than 36,400 BSD.

75% of the population earn less than 71,700 BSD, and 25% of the population earn more than 71,700 BSD.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

Claims Resolution Specialist Salary by Experience Level in Bahamas

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average Claims Resolution Specialist salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

• 0 - 2 Years Experience. A Claims Resolution Specialist in Bahamas that has less than two years of experience can expect to earn somewhere in the region of 29,400 BSD.
• 2 - 5 Years Experience. With two to five years of experience the average Claims Resolution Specialist salary would increase to 39,300 BSD.
• 5 - 10 Years Experience. From five to ten years of experience as a Claims Resolution Specialist, the average salary would be 54,100 BSD.
• 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 67,800 BSD.
• 15 - 20 Years Experience. A Claims Resolution Specialist with 15 to 20 years of experience can earn an average of 72,000 BSD.
• 20+ Years Experience. For a Claims Resolution Specialist with more than 20 years, the expected average salary increases to 76,800 BSD.

Average Salary by Experience Chart

Claims Resolution Specialist Salary by Education Level in Bahamas

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Claims Resolution Specialist in Bahamas based on the education level of the employees in order to find out whether a better education level would increase your salary.

• Certificate or Diploma. A Claims Resolution Specialist in Bahamas with a certificate or diploma education can earn an average salary of 45,200 BSD.
• Bachelor's Degree. A Claims Resolution Specialist in Bahamas with a bachelor's degree education can earn an average salary of 67,900 BSD.

Average Salary by Education Chart

Claims Resolution Specialist Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Bahamas, a male claims resolution specialist will earn an average of 54,900 BSD, while a female claims resolution specialist will earn around 49,700 BSD.

This means that a male claims resolution specialist earns approximately 10% more than a female claims resolution specialist for performing the same job.

Average Salary by Gender Chart in Bahamas

Claims Resolution Specialist Average Pay Raise in Bahamas

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Claims Resolution Specialist in Bahamas is around 8% every 29 months.

The national average pay raise across all professions and industries in Bahamas is around 5% every 28 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 8 ÷ 29 ) × 12  = 3%

What this means is that a Claims Resolution Specialist in Bahamas can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Bahamas for 2026

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Bahamas.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Claims Resolution Specialist Bonus and Incentive Rates in Bahamas

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Claims Resolution Specialist is a low bonus based job, with 39% of employees reporting at least one bonus in the last 12 months.

61% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 3% to 6%.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Bahamas earn approximately 11% more than private sector employees in the same role.

Salaries for Jobs Similar to a Claims Resolution Specialist

In the table below, we have salary information for jobs that are similar to a Claims Resolution Specialist in Bahamas.