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Claims account manager vs accounts payable manager

The differences between claims account managers and accounts payable managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a claims account manager, becoming an accounts payable manager takes usually requires 6-8 years. Additionally, an accounts payable manager has an average salary of $69,808, which is higher than the $61,214 average annual salary of a claims account manager.

The top three skills for a claims account manager include workers compensation, TPA and account management. The most important skills for an accounts payable manager are customer service, reconciliations, and purchase orders.

Claims account manager vs accounts payable manager overview

Claims Account ManagerAccounts Payable Manager
Yearly salary$61,214$69,808
Hourly rate$29.43$33.56
Growth rate-6%17%
Number of jobs80,84753,384
Job satisfaction--
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 58%
Average age4446
Years of experience68

Claims account manager vs accounts payable manager salary

Claims account managers and accounts payable managers have different pay scales, as shown below.

Claims Account ManagerAccounts Payable Manager
Average salary$61,214$69,808
Salary rangeBetween $43,000 And $87,000Between $51,000 And $95,000
Highest paying City-Beaverton, OR
Highest paying state-Oregon
Best paying company-Microsoft
Best paying industry-Finance

Differences between claims account manager and accounts payable manager education

There are a few differences between a claims account manager and an accounts payable manager in terms of educational background:

Claims Account ManagerAccounts Payable Manager
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 58%
Most common majorBusinessAccounting
Most common collegeStanford UniversityUniversity of Pennsylvania

Claims account manager vs accounts payable manager demographics

Here are the differences between claims account managers' and accounts payable managers' demographics:

Claims Account ManagerAccounts Payable Manager
Average age4446
Gender ratioMale, 35.9% Female, 64.1%Male, 24.0% Female, 76.0%
Race ratioBlack or African American, 10.4% Unknown, 4.4% Hispanic or Latino, 17.1% Asian, 5.3% White, 62.3% American Indian and Alaska Native, 0.5%Black or African American, 7.9% Unknown, 4.1% Hispanic or Latino, 15.3% Asian, 8.0% White, 64.3% American Indian and Alaska Native, 0.3%
LGBT Percentage10%11%

Differences between claims account manager and accounts payable manager duties and responsibilities

Claims account manager example responsibilities.

  • Manage complex service inquiries and coordinate action among multiple departments for brokers and TPA's.
  • Manage accounts while providing excellent customer service, help build financial relationships, redirecting calls in upselling credit per customer needs
  • Process and coordination of benefits for Medicaid and Medicare.
  • Field supervision and oversight of the job on build days ;.
  • Review and grant authority on all settlements in excess of recovery specialist's authority, closure requests and arbitration referral requests.
  • Develop concepts and procedures, analyze and resolve general ledger interfaces with computerize payroll, time tracking and project accounting system.
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Accounts payable manager example responsibilities.

  • Manage bi-weekly payroll, bonuses, pay cards, PTO.
  • Collect, enter & manage the quality of information require to produce accurate information report to IRS.
  • Authorize all AP payment invoices, manage deposits and cash management functions, while providing overall complete payroll oversight.
  • Refine the 'pro forma invoice' system process to manage prepayments of client invoices enhancing efficiency and adding value.
  • Assist in computer software upgrade to integrate all accounting functions including pricing, AP, AR, GL and inventory.
  • Ensure timely and efficient processing of authorize AP invoices and cash disbursements, as well as AR invoices and cash receipts.
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Claims account manager vs accounts payable manager skills

Common claims account manager skills
  • Workers Compensation, 17%
  • TPA, 13%
  • Account Management, 12%
  • Claims Handling, 12%
  • Customer Service, 6%
  • Insurance Carriers, 6%
Common accounts payable manager skills
  • Customer Service, 7%
  • Reconciliations, 6%
  • Purchase Orders, 5%
  • Vendor Invoices, 5%
  • Financial Statements, 4%
  • Payroll, 4%

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