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Liability claims manager vs claim processor

The differences between liability claims managers and claim processors 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 manager and a claim processor. Additionally, a liability claims manager has an average salary of $63,970, which is higher than the $41,201 average annual salary of a claim processor.

The top three skills for a liability claims manager include litigation, claims management and insurance claims. The most important skills for a claim processor are customer service, data entry, and medical terminology.

Liability claims manager vs claim processor overview

Liability Claims ManagerClaim Processor
Yearly salary$63,970$41,201
Hourly rate$30.75$19.81
Growth rate-6%-6%
Number of jobs12,39211,542
Job satisfaction--
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 43%
Average age4444
Years of experience66

Liability claims manager vs claim processor salary

Liability claims managers and claim processors have different pay scales, as shown below.

Liability Claims ManagerClaim Processor
Average salary$63,970$41,201
Salary rangeBetween $31,000 And $128,000Between $26,000 And $62,000
Highest paying City-Columbia, MD
Highest paying state-Connecticut
Best paying company-NTT Data International L.L.C.
Best paying industry-Insurance

Differences between liability claims manager and claim processor education

There are a few differences between a liability claims manager and a claim processor in terms of educational background:

Liability Claims ManagerClaim Processor
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 43%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Liability claims manager vs claim processor demographics

Here are the differences between liability claims managers' and claim processors' demographics:

Liability Claims ManagerClaim Processor
Average age4444
Gender ratioMale, 55.9% Female, 44.1%Male, 22.9% Female, 77.1%
Race ratioBlack or African American, 10.9% Unknown, 4.7% Hispanic or Latino, 15.0% Asian, 4.0% White, 64.9% American Indian and Alaska Native, 0.5%Black or African American, 11.2% Unknown, 4.4% Hispanic or Latino, 16.7% Asian, 5.2% White, 62.0% American Indian and Alaska Native, 0.5%
LGBT Percentage10%10%

Differences between liability claims manager and claim processor duties and responsibilities

Liability claims manager example responsibilities.

  • Manage and develop a mix liability team of litigation, attorney represent and direct or field representatives.
  • Spearhead a team of professionals train to eliminate need for litigation and regulate expenditures.
  • Mentore less experience and newer employees in career development and individual development plans to facilitate future leadership candidates for the enterprise.
  • Draft policies of insurance and advise as to underwriting issues, audits, strategies and DOI complaints.

Claim processor example responsibilities.

  • Experience in many facets of the managed healthcare insurance business.
  • Manage claims, route/queues, and ECHS, within specify turn- around time parameters.
  • Use ICD-9, CPT-4 and other medical manuals to adjudicate claims.
  • Analyze claims submit by providers and facilities for appropriate ICD-9, CPT and HCPCS codes against charges that are being bill.
  • Call DME and HME companies to correct invoices.
  • Coach and assist in the training of new EMR databases.
  • Show more

Liability claims manager vs claim processor skills

Common liability claims manager skills
  • Litigation, 18%
  • Claims Management, 8%
  • Insurance Claims, 8%
  • Mediation, 7%
  • Claims Process, 7%
  • Claims Handling, 6%
Common claim processor skills
  • Customer Service, 20%
  • Data Entry, 8%
  • Medical Terminology, 5%
  • CPT, 5%
  • Claims Processing, 4%
  • Medical Insurance Claims, 4%

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