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Liability claims manager vs claim specialist

The differences between liability claims managers 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 manager and a claim specialist. Additionally, a liability claims manager has an average salary of $63,970, which is higher than the $43,164 average annual salary of a claim specialist.

The top three skills for a liability claims manager include litigation, claims management and insurance claims. The most important skills for a claim specialist are customer service, litigation, and patients.

Liability claims manager vs claim specialist overview

Liability Claims ManagerClaim Specialist
Yearly salary$63,970$43,164
Hourly rate$30.75$20.75
Growth rate-6%-6%
Number of jobs12,39229,505
Job satisfaction--
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 54%
Average age4444
Years of experience66

Liability claims manager vs claim specialist salary

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

Liability Claims ManagerClaim Specialist
Average salary$63,970$43,164
Salary rangeBetween $31,000 And $128,000Between $27,000 And $67,000
Highest paying City-Newark, NJ
Highest paying state-New Jersey
Best paying company-W. R. Berkley
Best paying industry-Insurance

Differences between liability claims manager and claim specialist education

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

Liability Claims ManagerClaim Specialist
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 54%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Liability claims manager vs claim specialist demographics

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

Liability Claims ManagerClaim Specialist
Average age4444
Gender ratioMale, 55.9% Female, 44.1%Male, 31.0% Female, 69.0%
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, 11.4% Unknown, 4.4% Hispanic or Latino, 16.5% Asian, 5.1% White, 62.1% American Indian and Alaska Native, 0.5%
LGBT Percentage10%10%

Differences between liability claims manager and claim specialist 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 specialist example responsibilities.

  • Assist in the streamlining of EDI process to manage workflow of EDI claims.
  • Manage claims on desk, route/queues, and ECHS within specify turn-around-time parameters.
  • Manage claims, route/queues, and ECHS, within specify turn- around time parameters.
  • Investigate, manage, negotiate and resolve claims arising out of accidents involving automobile and homeowner policies.
  • Upgrade CPT-4 and ICD-9 coding procedures, staying in step with many manage care plans changing reimbursement schedules.
  • Manage expedition of appeals via problem solving and collaboration with other departments.
  • Show more

Liability claims manager vs claim specialist skills

Common liability claims manager skills
  • Litigation, 18%
  • Claims Management, 8%
  • Insurance Claims, 8%
  • Mediation, 7%
  • Claims Process, 7%
  • Claims Handling, 6%
Common claim specialist skills
  • Customer Service, 19%
  • Litigation, 7%
  • Patients, 5%
  • Claims Handling, 4%
  • Quality Standards, 4%
  • Excellent Organizational, 4%

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