Claims vice president vs claims analyst

The differences between claims vice presidents 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 vice president and a claims analyst. Additionally, a claims vice president has an average salary of $93,687, which is higher than the $48,398 average annual salary of a claims analyst.

The top three skills for a claims vice president include litigation, claims handling and claims operations. The most important skills for a claims analyst are customer service, medical terminology, and CPT.

Claims vice president vs claims analyst overview

	Claims Vice President	Claims Analyst
Yearly salary	$93,687	$48,398
Hourly rate	$45.04	$23.27
Growth rate	-6%	-6%
Number of jobs	39,652	22,062
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 68%	Bachelor's Degree, 52%
Average age	44	44
Years of experience	6	6

Claims vice president vs claims analyst salary

Claims vice presidents and claims analysts have different pay scales, as shown below.

	Claims Vice President	Claims Analyst
Average salary	$93,687	$48,398
Salary range	Between $55,000 And $158,000	Between $29,000 And $78,000
Highest paying City	-	Trenton, NJ
Highest paying state	-	New Jersey
Best paying company	-	Google
Best paying industry	-	-

Differences between claims vice president and claims analyst education

There are a few differences between a claims vice president and a claims analyst in terms of educational background:

	Claims Vice President	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

Claims vice president vs claims analyst demographics

Here are the differences between claims vice presidents' and claims analysts' demographics:

	Claims Vice President	Claims Analyst
Average age	44	44
Gender ratio	Male, 77.3% Female, 22.7%	Male, 27.6% Female, 72.4%
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, 11.3% 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%

Differences between claims vice president and claims analyst duties and responsibilities

Claims vice president example responsibilities.

Retain and manage outside counsel; develop and coordinate strategy for litigation; participate in alternative dispute resolution and negotiate settlements.
Provide management oversight of client support at offices in Indiana, Kentucky and Ohio.
Provide vision, oversight and direction to claims and encounter processing and claims systems configuration.
Work with underwriting carrier to ensure that all TPA responsibilities are being handle according to the TPA guidelines.
Establish and direct internal and external performance standards and procedures for use with TPA's or general agents.
Negotiate claims litigation, including settling lawsuits via mediation strategies.

Claims analyst example responsibilities.

Help managed meetings regarding decision making on CMS regulations.
Process UB's and HCFA's according to guidelines.
Analyze and investigate medical claims utilizing ICD-9 and CPT-4 coding.
Review claims (HCFA and UB) for accurate billing submission.
Interpret medical reports to apply appropriate ICD-9, CPT-4 and HCPCS codes for member submit claims.
Acquire biometrics and perform phlebotomy.

Claims vice president vs claims analyst skills

Common claims vice president skills

Litigation, 15%
Claims Handling, 13%
Claims Operations, 10%
Oversight, 8%
Direct Reports, 6%
Coverage Issues, 5%

Common claims analyst skills

Customer Service, 14%
Medical Terminology, 5%
CPT, 5%
Process Claims, 5%
Medicaid, 5%
Data Entry, 5%