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Claims account manager vs branch manager

The differences between claims account managers and branch 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 branch manager takes usually requires 6-8 years. Additionally, a claims account manager has an average salary of $61,214, which is higher than the $56,291 average annual salary of a branch manager.

The top three skills for a claims account manager include workers compensation, TPA and account management. The most important skills for a branch manager are customer satisfaction, business development, and branch management.

Claims account manager vs branch manager overview

Claims Account ManagerBranch Manager
Yearly salary$61,214$56,291
Hourly rate$29.43$27.06
Growth rate-6%17%
Number of jobs80,847333,883
Job satisfaction--
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 65%
Average age4446
Years of experience68

Claims account manager vs branch manager salary

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

Claims Account ManagerBranch Manager
Average salary$61,214$56,291
Salary rangeBetween $43,000 And $87,000Between $39,000 And $80,000
Highest paying City-Oakland, CA
Highest paying state-Alaska
Best paying company-FNB
Best paying industry-Professional

Differences between claims account manager and branch manager education

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

Claims Account ManagerBranch Manager
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 65%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Claims account manager vs branch manager demographics

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

Claims Account ManagerBranch Manager
Average age4446
Gender ratioMale, 35.9% Female, 64.1%Male, 59.8% Female, 40.2%
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, 8.0% Unknown, 4.1% Hispanic or Latino, 15.4% Asian, 7.8% White, 64.3% American Indian and Alaska Native, 0.3%
LGBT Percentage10%11%

Differences between claims account manager and branch 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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Branch manager example responsibilities.

  • Manage and coordinate a high volume sales pipeline from beginning to closing while ensuring all RESPA regulations are met.
  • Warehouse operations plus office duties, A/P, A/R.
  • Support A/R, A/P, and provide data analyzation from 12 branches to assist with annual budgeting projections/forecasting.
  • Provide leadership for sales, customer service, operations, compliance, and ethics as branch manager of an in-store branch.
  • Educate staff in areas of bank secrecy, bank regulations, and internal audit policy.
  • Train agents and managers using office generate PowerPoint presentations, company flip charts and training videos.
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Claims account manager vs branch 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 branch manager skills
  • Customer Satisfaction, 8%
  • Business Development, 7%
  • Branch Management, 5%
  • Human Resources, 5%
  • Financial Statements, 5%
  • Performance Management, 4%

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