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Claims vice president vs claims supervisor

The differences between claims vice presidents and claims supervisors 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 supervisor. Additionally, a claims vice president has an average salary of $93,687, which is higher than the $75,263 average annual salary of a claims supervisor.

The top three skills for a claims vice president include litigation, claims handling and claims operations. The most important skills for a claims supervisor are customer service, corrective action, and claims adjusters.

Claims vice president vs claims supervisor overview

Claims Vice PresidentClaims Supervisor
Yearly salary$93,687$75,263
Hourly rate$45.04$36.18
Growth rate-6%-6%
Number of jobs39,65213,197
Job satisfaction--
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 64%
Average age4444
Years of experience66

Claims vice president vs claims supervisor salary

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

Claims Vice PresidentClaims Supervisor
Average salary$93,687$75,263
Salary rangeBetween $55,000 And $158,000Between $48,000 And $117,000
Highest paying City-San Francisco, CA
Highest paying state-California
Best paying company-W. R. Berkley
Best paying industry-Retail

Differences between claims vice president and claims supervisor education

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

Claims Vice PresidentClaims Supervisor
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 64%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Claims vice president vs claims supervisor demographics

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

Claims Vice PresidentClaims Supervisor
Average age4444
Gender ratioMale, 77.3% Female, 22.7%Male, 40.8% Female, 59.2%
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, 17.1% Asian, 5.3% White, 62.1% American Indian and Alaska Native, 0.5%
LGBT Percentage10%10%

Differences between claims vice president and claims supervisor 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.
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Claims supervisor example responsibilities.

  • Manage, train and continuously develop a team consisting of both inside SIU investigators and field investigators.
  • Apply fundamentals of insurance investigation and resolution to an introductory leadership role managing complex claim files and tort litigation files.
  • Make determinations to authorize payments via XACTIMATE software.
  • Assist TPA in obtaining company documentation and scheduling employee interviews in investigation of claims.
  • Advise physician on any changes with CPT and ICD-9 coding to maximize reimbursements and minimize denials.
  • Provide oversight and direction for highly complicate claim reviews base on policy, procedure and CMS guidelines.
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Claims vice president vs claims supervisor skills

Common claims vice president skills
  • Litigation, 15%
  • Claims Handling, 13%
  • Claims Operations, 10%
  • Oversight, 8%
  • Direct Reports, 6%
  • Coverage Issues, 5%
Common claims supervisor skills
  • Customer Service, 25%
  • Corrective Action, 7%
  • Claims Adjusters, 6%
  • Litigation, 6%
  • Claims Handling, 5%
  • Performance Reviews, 4%

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