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The differences between claims vice presidents 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 vice president and a claim processor. Additionally, a claims vice president has an average salary of $93,687, which is higher than the $41,201 average annual salary of a claim processor.
The top three skills for a claims vice president include litigation, claims handling and claims operations. The most important skills for a claim processor are customer service, data entry, and medical terminology.
| Claims Vice President | Claim Processor | |
| Yearly salary | $93,687 | $41,201 |
| Hourly rate | $45.04 | $19.81 |
| Growth rate | -6% | -6% |
| Number of jobs | 39,652 | 11,542 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 43% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
Claims vice presidents and claim processors have different pay scales, as shown below.
| Claims Vice President | Claim Processor | |
| Average salary | $93,687 | $41,201 |
| Salary range | Between $55,000 And $158,000 | 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 vice president and a claim processor in terms of educational background:
| Claims Vice President | 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 vice presidents' and claim processors' demographics:
| Claims Vice President | Claim Processor | |
| Average age | 44 | 44 |
| Gender ratio | Male, 77.3% Female, 22.7% | Male, 22.9% Female, 77.1% |
| Race ratio | Black or African American, 11.3% Unknown, 4.4% Hispanic or Latino, 17.0% Asian, 5.3% White, 61.5% 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% |