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Claims vice president vs claims director

The differences between claims vice presidents and claims directors 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 director. Additionally, a claims director has an average salary of $118,250, which is higher than the $93,687 average annual salary of a claims vice president.

The top three skills for a claims vice president include litigation, claims handling and claims operations. The most important skills for a claims director are customer service, litigation, and oversight.

Claims vice president vs claims director overview

Claims Vice PresidentClaims Director
Yearly salary$93,687$118,250
Hourly rate$45.04$56.85
Growth rate-6%-6%
Number of jobs39,65213,299
Job satisfaction--
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 68%
Average age4444
Years of experience66

Claims vice president vs claims director salary

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

Claims Vice PresidentClaims Director
Average salary$93,687$118,250
Salary rangeBetween $55,000 And $158,000Between $73,000 And $190,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between claims vice president and claims director education

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

Claims Vice PresidentClaims Director
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 68%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Claims vice president vs claims director demographics

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

Claims Vice PresidentClaims Director
Average age4444
Gender ratioMale, 77.3% Female, 22.7%Male, 58.2% Female, 41.8%
Race ratioBlack 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, 10.7% Unknown, 4.4% Hispanic or Latino, 17.0% Asian, 5.3% White, 62.2% American Indian and Alaska Native, 0.5%
LGBT Percentage10%10%

Differences between claims vice president and claims director 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.
  • Show more

Claims director example responsibilities.

  • Create project team that comply with new Medicare reporting requirements achieving successful reporting to CMS.
  • Maintain relationships with attorneys and manage litigation strategy; ensure strong relationships with insureds, brokers and third party administrators.
  • Redesign processes and procedures for managing litigation through the implementation of an aggressive process for managing discovery and case typing.
  • General knowledge of CPT, ICD-9, HCPCS, DRG and Medicode (UCR), bundling and unbundling.
  • File and respond to online arbitration matters.
  • Facilitate annual updates to all new and revise CPT codes assuring accurate claims payment.
  • Show more

Claims vice president vs claims director skills

Common claims vice president skills
  • Litigation, 15%
  • Claims Handling, 13%
  • Claims Operations, 10%
  • Oversight, 8%
  • Direct Reports, 6%
  • Coverage Issues, 5%
Common claims director skills
  • Customer Service, 17%
  • Litigation, 11%
  • Oversight, 9%
  • Coverage Issues, 6%
  • Claims Handling, 5%
  • Claims Operations, 5%

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