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The differences between liability claims examiners and claim specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a liability claims examiner and a claim specialist. Additionally, a liability claims examiner has an average salary of $54,421, which is higher than the $43,164 average annual salary of a claim specialist.
The top three skills for a liability claims examiner include party claims, litigation and claims handling. The most important skills for a claim specialist are customer service, litigation, and patients.
| Liability Claims Examiner | Claim Specialist | |
| Yearly salary | $54,421 | $43,164 |
| Hourly rate | $26.16 | $20.75 |
| Growth rate | -6% | -6% |
| Number of jobs | 13,734 | 29,505 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 54% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
A Liability Claims Examiner or also known as an Insurance investigator, is a person who monitors and reviews settled insurances. They will determine if the paid amount is in accordance with the corporation or company's procedure. They report possible irregularities that are happening, like underpayment and overpayment of insurances. They also evaluate insurance claims or applications and do a follow-up of the status to protect and secure the clients from having a financial loss.
A claims specialist is responsible for processing insurance claims, reviewing insurance coverage, and analyzing claims cases. Claims specialists' duties include negotiating claims settlements, validating claims to prevent fraud, creating court testimonies as needed, developing claim review plans, and checking necessary documents and related resolve claims. A claims specialist must have strong analytical and critical-thinking skills to authorize claim payment and investigate complex and unusual claims. Claims specialists should also have extensive knowledge of the insurance processes to handle various cases, following legal policies and regulatory procedures.
Liability claims examiners and claim specialists have different pay scales, as shown below.
| Liability Claims Examiner | Claim Specialist | |
| Average salary | $54,421 | $43,164 |
| Salary range | Between $34,000 And $85,000 | Between $27,000 And $67,000 |
| Highest paying City | Lansing, MI | Newark, NJ |
| Highest paying state | Washington | New Jersey |
| Best paying company | W. R. Berkley | W. R. Berkley |
| Best paying industry | Insurance | Insurance |
There are a few differences between a liability claims examiner and a claim specialist in terms of educational background:
| Liability Claims Examiner | Claim Specialist | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 54% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between liability claims examiners' and claim specialists' demographics:
| Liability Claims Examiner | Claim Specialist | |
| Average age | 44 | 44 |
| Gender ratio | Male, 46.0% Female, 54.0% | Male, 31.0% Female, 69.0% |
| Race ratio | Black or African American, 11.1% Unknown, 4.4% Hispanic or Latino, 16.3% Asian, 5.1% White, 62.6% American Indian and Alaska Native, 0.5% | Black or African American, 11.4% Unknown, 4.4% Hispanic or Latino, 16.5% Asian, 5.1% White, 62.1% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |