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The differences between billing managers and claims managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a billing manager and a claims manager. Additionally, a billing manager has an average salary of $77,507, which is higher than the $73,369 average annual salary of a claims manager.
The top three skills for a billing manager include patients, customer service and billing procedures. The most important skills for a claims manager are customer service, oversight, and litigation.
| Billing Manager | Claims Manager | |
| Yearly salary | $77,507 | $73,369 |
| Hourly rate | $37.26 | $35.27 |
| Growth rate | 17% | -6% |
| Number of jobs | 38,709 | 30,302 |
| Job satisfaction | 3 | 5 |
| Most common degree | Bachelor's Degree, 46% | Bachelor's Degree, 66% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
A billing manager is in charge of overseeing the systems and processes concerned with billing in a company. One of their primary duties is to handle the receivable accounts to ensure smooth cash flow, assess the validity of bills, provide corrective measures when necessary, supervise the workforce's performance, and solve issues raised by staff. As a billing manager, it is essential to implement all policies and regulations while leading and encouraging the team in their joint effort to reach targets and deadlines.
A claims manager is an individual who works in an insurance-based firm and is responsible for managing the insurance claims department that is composed of examiners and adjusters. Claims managers are required to maintain claim files and reviewing these files as well as communicate with customers to follow up regarding issues they face with insurance claims. They must determine who is liable for the damage if there were other parties involved. Claims managers must also include an expert to assess the amount of damage and avoid insurance fraud.
Billing managers and claims managers have different pay scales, as shown below.
| Billing Manager | Claims Manager | |
| Average salary | $77,507 | $73,369 |
| Salary range | Between $52,000 And $114,000 | Between $45,000 And $117,000 |
| Highest paying City | San Jose, CA | San Francisco, CA |
| Highest paying state | New Jersey | California |
| Best paying company | Zurich | |
| Best paying industry | Utilities | Insurance |
There are a few differences between a billing manager and a claims manager in terms of educational background:
| Billing Manager | Claims Manager | |
| Most common degree | Bachelor's Degree, 46% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | California State University - Bakersfield | California State University - Bakersfield |
Here are the differences between billing managers' and claims managers' demographics:
| Billing Manager | Claims Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 17.7% Female, 82.3% | Male, 47.9% Female, 52.1% |
| Race ratio | Black or African American, 10.6% Unknown, 4.8% Hispanic or Latino, 18.0% Asian, 5.8% White, 60.0% American Indian and Alaska Native, 0.7% | Black or African American, 10.0% Unknown, 4.8% Hispanic or Latino, 17.1% Asian, 5.9% White, 61.5% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 8% | 8% |