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Liability claims examiner vs senior claims specialist

The differences between liability claims examiners and senior claims 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 senior claims specialist. Additionally, a senior claims specialist has an average salary of $69,808, which is higher than the $54,421 average annual salary of a liability claims examiner.

The top three skills for a liability claims examiner include party claims, litigation and claims handling. The most important skills for a senior claims specialist are customer service, litigation, and claims handling.

Liability claims examiner vs senior claims specialist overview

Liability Claims ExaminerSenior Claims Specialist
Yearly salary$54,421$69,808
Hourly rate$26.16$33.56
Growth rate-6%-6%
Number of jobs13,73411,011
Job satisfaction--
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 65%
Average age4444
Years of experience66

What does a liability claims examiner do?

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.

What does a senior claims specialist do?

A senior claims specialist's role is to handle and process insurance claims, ensuring accuracy and smooth workflow. Their responsibilities include liaising with clients to identify their needs, reviewing and validating documentation, resolving issues and concerns, and traveling to different locations in order to perform claims inspections and investigations for client eligibility. They may also approve claims applications and negotiate settlements. Furthermore, as a senior claims specialist, it is essential to lead and serve as a mentor to junior specialists, all while implementing the company's policies and regulations.

Liability claims examiner vs senior claims specialist salary

Liability claims examiners and senior claims specialists have different pay scales, as shown below.

Liability Claims ExaminerSenior Claims Specialist
Average salary$54,421$69,808
Salary rangeBetween $34,000 And $85,000Between $45,000 And $107,000
Highest paying CityLansing, MI-
Highest paying stateWashington-
Best paying companyW. R. Berkley-
Best paying industryInsurance-

Differences between liability claims examiner and senior claims specialist education

There are a few differences between a liability claims examiner and a senior claims specialist in terms of educational background:

Liability Claims ExaminerSenior Claims Specialist
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 65%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Liability claims examiner vs senior claims specialist demographics

Here are the differences between liability claims examiners' and senior claims specialists' demographics:

Liability Claims ExaminerSenior Claims Specialist
Average age4444
Gender ratioMale, 46.0% Female, 54.0%Male, 40.7% Female, 59.3%
Race ratioBlack 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, 12.0% Unknown, 4.4% Hispanic or Latino, 16.8% Asian, 5.2% White, 61.0% American Indian and Alaska Native, 0.5%
LGBT Percentage10%10%

Differences between liability claims examiner and senior claims specialist duties and responsibilities

Liability claims examiner example responsibilities.

  • Handle automobile liability, general liability, products liability and manage litigation for one specific client.
  • Manage strict confidentiality of documents and comply with HIPAA regulations stipulate by the facility and government.
  • Oversee adjustment of all third-party liability losses, coverage assessment, investigation, and evaluations regarding litigation claims.
  • Mentore less experience and newer employees in career development and individual development plans to facilitate future leadership candidates for the enterprise.
  • Interact with assign counsel for case status, interrogatories and preparation for trials on calendar.
  • Investigate and identify fraud claims and partner with SIU for additional investigations to prevent payouts after fraud are proven.
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Senior claims specialist example responsibilities.

  • Manage assigned third party administration (TPA) multi-jurisdictional workers' compensation; subrogation recovery claims; assign defense attorney.
  • Work toward settlement with claimants and attorneys, or determine company litigation strategy, participating in mediation and arbitration when necessary.
  • Maintain EDI processing table logic.
  • Work with testing HIPAA transactions, reporting and processing data reporting to the state.
  • Review data entry of claims receive through the EDI system for accuracy prior to processing.
  • Operate within all company regulations regarding HIPAA, fraud, confidentiality, and private health information guidelines.
  • Show more

Liability claims examiner vs senior claims specialist skills

Common liability claims examiner skills
  • Party Claims, 12%
  • Litigation, 12%
  • Claims Handling, 11%
  • Claims Process, 11%
  • Policy Coverage, 10%
  • Coverage Analysis, 9%
Common senior claims specialist skills
  • Customer Service, 26%
  • Litigation, 10%
  • Claims Handling, 8%
  • SR, 5%
  • Settlement Conferences, 5%
  • Excellent Interpersonal, 4%

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