Claims vice president vs vice president

The differences between claims vice presidents and vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a claims vice president, becoming a vice president takes usually requires More than 10 years. Additionally, a vice president has an average salary of $158,637, 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 vice president are healthcare, oversight, and project management.

Claims vice president vs vice president overview

	Claims Vice President	Vice President
Yearly salary	$93,687	$158,637
Hourly rate	$45.04	$76.27
Growth rate	-6%	6%
Number of jobs	39,652	119,530
Job satisfaction	-	4
Most common degree	Bachelor's Degree, 68%	Bachelor's Degree, 72%
Average age	44	52
Years of experience	6	-

Claims vice president vs vice president salary

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

	Claims Vice President	Vice President
Average salary	$93,687	$158,637
Salary range	Between $55,000 And $158,000	Between $107,000 And $235,000
Highest paying City	-	San Francisco, CA
Highest paying state	-	New York
Best paying company	-	Brookfield Properties
Best paying industry	-	Manufacturing

Differences between claims vice president and vice president education

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

	Claims Vice President	Vice President
Most common degree	Bachelor's Degree, 68%	Bachelor's Degree, 72%
Most common major	Business	Business
Most common college	Stanford University	University of Pennsylvania

Claims vice president vs vice president demographics

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

	Claims Vice President	Vice President
Average age	44	52
Gender ratio	Male, 77.3% Female, 22.7%	Male, 65.8% Female, 34.2%
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, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.7% American Indian and Alaska Native, 0.6%
LGBT Percentage	10%	12%

Differences between claims vice president and vice president 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.

Vice president example responsibilities.

Develop and implement global SOX methodology, manage risk assessment and testing, evaluate deficiencies and lead remediation efforts.
Manage $54MM loan portfolio of problem assets with the goal to implement strategies of rehabilitation, exit and/or liquidation.
Manage day-to-day operations, marketing, record keeping, insurance billing, human resources, budgeting, and HIPAA compliance.
Manage the web design, PPC, social media marketing, SEO, traditional and digital marketing, and customer experience.
Manage FDA regulate manufacturing division.
Manage QuickBooks; implement budget/variance tracking and reporting.

Claims vice president vs vice president skills

Common claims vice president skills

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

Common vice president skills

Healthcare, 10%
Oversight, 7%
Project Management, 6%
Customer Service, 6%
Risk Management, 6%
Business Development, 5%