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Liability claims manager vs medical claims analyst

The differences between liability claims managers and medical claims analysts 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 medical claims analyst. Additionally, a liability claims manager has an average salary of $63,970, which is higher than the $46,708 average annual salary of a medical claims analyst.

The top three skills for a liability claims manager include litigation, claims management and insurance claims. The most important skills for a medical claims analyst are medical terminology, medicaid, and medical insurance claims.

Liability claims manager vs medical claims analyst overview

Liability Claims ManagerMedical Claims Analyst
Yearly salary$63,970$46,708
Hourly rate$30.75$22.46
Growth rate-6%-6%
Number of jobs12,39265,897
Job satisfaction--
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 36%
Average age4444
Years of experience66

Liability claims manager vs medical claims analyst salary

Liability claims managers and medical claims analysts have different pay scales, as shown below.

Liability Claims ManagerMedical Claims Analyst
Average salary$63,970$46,708
Salary rangeBetween $31,000 And $128,000Between $32,000 And $68,000
Highest paying City-Bridgewater, NJ
Highest paying state-New Jersey
Best paying company-Montefiore Mount Vernon Hospital
Best paying industry-Insurance

Differences between liability claims manager and medical claims analyst education

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

Liability Claims ManagerMedical Claims Analyst
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 36%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Liability claims manager vs medical claims analyst demographics

Here are the differences between liability claims managers' and medical claims analysts' demographics:

Liability Claims ManagerMedical Claims Analyst
Average age4444
Gender ratioMale, 55.9% Female, 44.1%Male, 14.2% Female, 85.8%
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, 16.4% Asian, 5.1% White, 62.4% American Indian and Alaska Native, 0.5%
LGBT Percentage10%10%

Differences between liability claims manager and medical claims analyst 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.

Medical claims analyst example responsibilities.

  • Manage cases by aggressively directing the litigation process.
  • Analyze incoming medical claims using ICD-9, CPT, HCPCS coding, and Medicare fee schedules.
  • Determine if claims are in compliance under patient benefit plans for payments using DRG regulations :
  • Review medical records to determine if the ICD-9, CPT codes and modifiers are processed correctly.
  • Adhere to the HIPAA privacy, security regulations, and maintain confidentiality of patient a business records.
  • Research medical claims issues in response to informational inquiries by accessing and interpreting EOB's and claims history.
  • Show more

Liability claims manager vs medical claims analyst skills

Common liability claims manager skills
  • Litigation, 18%
  • Claims Management, 8%
  • Insurance Claims, 8%
  • Mediation, 7%
  • Claims Process, 7%
  • Claims Handling, 6%
Common medical claims analyst skills
  • Medical Terminology, 9%
  • Medicaid, 6%
  • Medical Insurance Claims, 6%
  • Customer Service, 6%
  • Data Entry, 6%
  • Patients, 5%

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