Claims account manager vs audit manager

The differences between claims account managers and audit 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 audit manager takes usually requires 6-8 years. Additionally, an audit manager has an average salary of $121,419, 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 audit manager are CPA, internal audit, and audit reports.

Claims account manager vs audit manager overview

	Claims Account Manager	Audit Manager
Yearly salary	$61,214	$121,419
Hourly rate	$29.43	$58.37
Growth rate	-6%	17%
Number of jobs	80,847	70,168
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 64%	Bachelor's Degree, 75%
Average age	44	46
Years of experience	6	8

Claims account manager vs audit manager salary

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

	Claims Account Manager	Audit Manager
Average salary	$61,214	$121,419
Salary range	Between $43,000 And $87,000	Between $82,000 And $178,000
Highest paying City	-	Portland, ME
Highest paying state	-	Maine
Best paying company	-	Meta
Best paying industry	-	Manufacturing

Differences between claims account manager and audit manager education

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

	Claims Account Manager	Audit Manager
Most common degree	Bachelor's Degree, 64%	Bachelor's Degree, 75%
Most common major	Business	Accounting
Most common college	Stanford University	University of Pennsylvania

Claims account manager vs audit manager demographics

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

	Claims Account Manager	Audit Manager
Average age	44	46
Gender ratio	Male, 35.9% Female, 64.1%	Male, 66.0% Female, 34.0%
Race ratio	Black 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, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3%
LGBT Percentage	10%	11%

Differences between claims account manager and audit 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.

Audit manager example responsibilities.

Manage a review for a large insurance company to ensure compliance with HIPAA law.
Manage audits in all divisions and ensure all accounting transactions are perform in accordance with GAAP.
Lead ERM development, implementation, risk assessment reviews, reporting, improvement/remediation, & continuous monitoring.
Manage quarterly reviews (10-Q) and annual audit (10-K) of two public companies as per PCAOB standards.
Manage audits of monthly closings, bank reports, cash flow, operations analysis, revenue accounting, and IPO documents.
Manage two staff accountants and Hyperion assistant/analyst.

Claims account manager vs audit 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 audit manager skills

CPA, 14%
Internal Audit, 6%
Audit Reports, 6%
Audit Engagements, 5%
Financial Services, 5%
Risk Management, 5%