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The differences between claims directors and claims analysts 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 claims analyst. Additionally, a claims director has an average salary of $118,250, which is higher than the $48,398 average annual salary of a claims analyst.
The top three skills for a claims director include customer service, litigation and oversight. The most important skills for a claims analyst are customer service, medical terminology, and CPT.
| Claims Director | Claims Analyst | |
| Yearly salary | $118,250 | $48,398 |
| Hourly rate | $56.85 | $23.27 |
| Growth rate | -6% | -6% |
| Number of jobs | 13,299 | 22,062 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 52% |
| 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 analyst specializes in processing medical insurance claims. They are primarily responsible for verifying the authenticity and eligibility of claims, analyzing the billing, communicating with policyholders, and ensuring adherence to all the policies and regulations during the entire procedure. Furthermore, a claims analyst is also in charge of administrative tasks such as keeping and updating records, reaching out and sending reports to creditors, setting appointments and schedules, processing paperwork, coordinating with key personnel, and discussing terms and necessary information to clients.
Claims directors and claims analysts have different pay scales, as shown below.
| Claims Director | Claims Analyst | |
| Average salary | $118,250 | $48,398 |
| Salary range | Between $73,000 And $190,000 | Between $29,000 And $78,000 |
| Highest paying City | - | Trenton, NJ |
| Highest paying state | - | New Jersey |
| Best paying company | - | |
| Best paying industry | - | - |
There are a few differences between a claims director and a claims analyst in terms of educational background:
| Claims Director | Claims Analyst | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 52% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between claims directors' and claims analysts' demographics:
| Claims Director | Claims Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 58.2% Female, 41.8% | Male, 27.6% Female, 72.4% |
| 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, 11.3% Unknown, 4.4% Hispanic or Latino, 16.4% Asian, 5.1% White, 62.3% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |