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Laser-induced spin dynamics of in-plane magnetized CoFeB films has been studied by using time-resolved magneto-optical Kerr effect measurements. While the effective demagnetization field shows little dependence on the pump laser fluence, the intrinsic damping constant has been found to be increased from 0.008 to 0.076 with the increase in the pump fluence from 2 mJ/cm2 to 20 mJ/cm2. This sharp enhancement has been shown to be transient and ascribed to the heating effect induced by the pump laser excitation, as the damping constant is almost unchanged when the pump-probe measurements are performed at a fixed pump fluence of 5 mJ/cm2 after irradiation by high power pump pulses.