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The differences between claims directors and claim specialists 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 specialist. Additionally, a claims director has an average salary of $118,250, which is higher than the $43,164 average annual salary of a claim specialist.
The top three skills for a claims director include customer service, litigation and oversight. The most important skills for a claim specialist are customer service, litigation, and patients.
| Claims Director | Claim Specialist | |
| Yearly salary | $118,250 | $43,164 |
| Hourly rate | $56.85 | $20.75 |
| Growth rate | -6% | -6% |
| Number of jobs | 13,299 | 29,505 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 54% |
| 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 specialist is responsible for processing insurance claims, reviewing insurance coverage, and analyzing claims cases. Claims specialists' duties include negotiating claims settlements, validating claims to prevent fraud, creating court testimonies as needed, developing claim review plans, and checking necessary documents and related resolve claims. A claims specialist must have strong analytical and critical-thinking skills to authorize claim payment and investigate complex and unusual claims. Claims specialists should also have extensive knowledge of the insurance processes to handle various cases, following legal policies and regulatory procedures.
Claims directors and claim specialists have different pay scales, as shown below.
| Claims Director | Claim Specialist | |
| Average salary | $118,250 | $43,164 |
| Salary range | Between $73,000 And $190,000 | Between $27,000 And $67,000 |
| Highest paying City | - | Newark, NJ |
| Highest paying state | - | New Jersey |
| Best paying company | - | W. R. Berkley |
| Best paying industry | - | Insurance |
There are a few differences between a claims director and a claim specialist in terms of educational background:
| Claims Director | Claim Specialist | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 54% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between claims directors' and claim specialists' demographics:
| Claims Director | Claim Specialist | |
| Average age | 44 | 44 |
| Gender ratio | Male, 58.2% Female, 41.8% | Male, 31.0% Female, 69.0% |
| 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, 11.4% Unknown, 4.4% Hispanic or Latino, 16.5% Asian, 5.1% White, 62.1% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |