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The differences between claims directors and claim processors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a claims director and a claim processor. Additionally, a claims director has an average salary of $118,250, which is higher than the $41,201 average annual salary of a claim processor.
The top three skills for a claims director include customer service, litigation and oversight. The most important skills for a claim processor are customer service, data entry, and medical terminology.
| Claims Director | Claim Processor | |
| Yearly salary | $118,250 | $41,201 |
| Hourly rate | $56.85 | $19.81 |
| Growth rate | -6% | -6% |
| Number of jobs | 13,299 | 11,542 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 43% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
A claims director spearheads and oversees the daily operations of an insurance company's claims department. They have the authority to make decisions and changes, set goals and timelines, establish guidelines and budgets, liaise with key external partners, coordinate managers and teams, delegate responsibilities, and conduct research and analysis to find opportunities that will optimize the department's operations. Moreover, a claims director leads and encourages staff to reach goals, all while implementing the company's claims policies and regulations, developing new ones as needed.
A Claims Processor is responsible for processing and verifying insurance claims, in adherence to the policies, laws, and regulations of the company involved. Aside from examining its authenticity, they must also oversee new policies and recommend modifications should it be needed. Moreover, it is also the task of the Claims Processor to prepare the necessary documents and guidelines for the policyholder, process reimbursements upon approval, provide answers to inquiries, and report issues and updates to the management.
Claims directors and claim processors have different pay scales, as shown below.
| Claims Director | Claim Processor | |
| Average salary | $118,250 | $41,201 |
| Salary range | Between $73,000 And $190,000 | Between $26,000 And $62,000 |
| Highest paying City | - | Columbia, MD |
| Highest paying state | - | Connecticut |
| Best paying company | - | NTT Data International L.L.C. |
| Best paying industry | - | Insurance |
There are a few differences between a claims director and a claim processor in terms of educational background:
| Claims Director | Claim Processor | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 43% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between claims directors' and claim processors' demographics:
| Claims Director | Claim Processor | |
| Average age | 44 | 44 |
| Gender ratio | Male, 58.2% Female, 41.8% | Male, 22.9% Female, 77.1% |
| Race ratio | Black or African American, 10.7% Unknown, 4.4% Hispanic or Latino, 17.0% Asian, 5.3% White, 62.2% American Indian and Alaska Native, 0.5% | Black or African American, 11.2% Unknown, 4.4% Hispanic or Latino, 16.7% Asian, 5.2% White, 62.0% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |