Claims account manager vs bank manager

The differences between claims account managers and bank 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 a bank manager takes usually requires 6-8 years. Additionally, a bank manager has an average salary of $96,910, 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 a bank manager are bank products, financial services, and business development.

Claims account manager vs bank manager overview

	Claims Account Manager	Bank Manager
Yearly salary	$61,214	$96,910
Hourly rate	$29.43	$46.59
Growth rate	-6%	17%
Number of jobs	80,847	66,136
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 64%	Bachelor's Degree, 64%
Average age	44	46
Years of experience	6	8

Claims account manager vs bank manager salary

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

	Claims Account Manager	Bank Manager
Average salary	$61,214	$96,910
Salary range	Between $43,000 And $87,000	Between $65,000 And $142,000
Highest paying City	-	San Francisco, CA
Highest paying state	-	California
Best paying company	-	Accenture
Best paying industry	-	Finance

Differences between claims account manager and bank manager education

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

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

Claims account manager vs bank manager demographics

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

	Claims Account Manager	Bank Manager
Average age	44	46
Gender ratio	Male, 35.9% Female, 64.1%	Male, 48.9% Female, 51.1%
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, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.0% White, 63.7% American Indian and Alaska Native, 0.3%
LGBT Percentage	10%	11%

Differences between claims account manager and bank 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.

Bank manager example responsibilities.

Manage a portfolio in various stages of workout including liquidation, refinancing, restructure, rehabilitation, bankruptcy and litigation.
Collaborate with corporate training designers and facilitators to plan, develop and execute AML and KYC relate training.
Handle escalations in the absence of the FCM; ensure enterprise complaint tracking own resource management for the financial center.
Team up with FCM and regional recruiter in interview and hiring process.
Perform other jobs and relate projects as assigned including mentoring sales employees to exceed assign goals by Bancorp.
Monitor all banking operations according to the federal rules and regulations, including performing monthly audits, and following Bancorp standards.

Claims account manager vs bank 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 bank manager skills

Bank Products, 7%
Financial Services, 7%
Business Development, 6%
Secrecy, 6%
Bank Secrecy Act, 6%
Community Involvement, 5%