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Claims vice president vs worker's compensation claims examiner

The differences between claims vice presidents and workers's compensation claims examiner 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 worker's compensation claims examiner. Additionally, a claims vice president has an average salary of $93,687, which is higher than the $53,581 average annual salary of a worker's compensation claims examiner.

The top three skills for a claims vice president include litigation, claims handling and claims operations. The most important skills for a worker's compensation claims examiner are rehabilitation, social security, and litigation.

Claims vice president vs worker's compensation claims examiner overview

Claims Vice PresidentWorker's Compensation Claims Examiner
Yearly salary$93,687$53,581
Hourly rate$45.04$25.76
Growth rate-6%-6%
Number of jobs39,65215,002
Job satisfaction--
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 60%
Average age4444
Years of experience66

Claims vice president vs worker's compensation claims examiner salary

Claims vice presidents and workers's compensation claims examiner have different pay scales, as shown below.

Claims Vice PresidentWorker's Compensation Claims Examiner
Average salary$93,687$53,581
Salary rangeBetween $55,000 And $158,000Between $33,000 And $84,000
Highest paying City-San Francisco, CA
Highest paying state-California
Best paying company-Zurich
Best paying industry-Finance

Differences between claims vice president and worker's compensation claims examiner education

There are a few differences between a claims vice president and a worker's compensation claims examiner in terms of educational background:

Claims Vice PresidentWorker's Compensation Claims Examiner
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 60%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Claims vice president vs worker's compensation claims examiner demographics

Here are the differences between claims vice presidents' and workers's compensation claims examiner' demographics:

Claims Vice PresidentWorker's Compensation Claims Examiner
Average age4444
Gender ratioMale, 77.3% Female, 22.7%Male, 25.0% Female, 75.0%
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, 16.5% Asian, 5.1% White, 62.8% American Indian and Alaska Native, 0.5%
LGBT Percentage10%10%

Differences between claims vice president and worker's compensation claims examiner 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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Worker's compensation claims examiner example responsibilities.

  • Manage all aspects of claims, including heavy litigation and vocational rehabilitation cases.
  • Negotiate settlements and actively manage the litigation process and process complex and technically difficult claims.
  • Determine benefits when processing medical claims receive as HCFA and UB92 paper claims or electronically.
  • Set up vehicle inspections, and rental reservations as a part of the claim settlement process.
  • Handle incoming calls from customers and providers with policy changes and claim status updates and maintain HIPAA.
  • Process claim forms, adjudicates for provision of deductibles, co-pays, co-insurance maximums and provider settlements and Medicaid claims.
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Claims vice president vs worker's compensation claims examiner skills

Common claims vice president skills
  • Litigation, 15%
  • Claims Handling, 13%
  • Claims Operations, 10%
  • Oversight, 8%
  • Direct Reports, 6%
  • Coverage Issues, 5%
Common worker's compensation claims examiner skills
  • Rehabilitation, 22%
  • Social Security, 16%
  • Litigation, 15%
  • Medical Management, 9%
  • Workers Compensation Claims, 9%
  • TPA, 4%

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