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Reinsurance claims analyst vs senior claims specialist

The differences between reinsurance claims analysts 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 reinsurance claims analyst and a senior claims specialist. Additionally, a reinsurance claims analyst has an average salary of $92,324, which is higher than the $69,808 average annual salary of a senior claims specialist.

The top three skills for a reinsurance claims analyst include data analysis, surety and client accounts. The most important skills for a senior claims specialist are customer service, litigation, and claims handling.

Reinsurance claims analyst vs senior claims specialist overview

Reinsurance Claims AnalystSenior Claims Specialist
Yearly salary$92,324$69,808
Hourly rate$44.39$33.56
Growth rate-6%-6%
Number of jobs18,83311,011
Job satisfaction--
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 65%
Average age4444
Years of experience66

Reinsurance claims analyst vs senior claims specialist salary

Reinsurance claims analysts and senior claims specialists have different pay scales, as shown below.

Reinsurance Claims AnalystSenior Claims Specialist
Average salary$92,324$69,808
Salary rangeBetween $64,000 And $132,000Between $45,000 And $107,000
Highest paying CitySan Francisco, CA-
Highest paying stateWashington-
Best paying companyCNA Insurance-
Best paying industryFinance-

Differences between reinsurance claims analyst and senior claims specialist education

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

Reinsurance Claims AnalystSenior Claims Specialist
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 65%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaStanford University

Reinsurance claims analyst vs senior claims specialist demographics

Here are the differences between reinsurance claims analysts' and senior claims specialists' demographics:

Reinsurance Claims AnalystSenior Claims Specialist
Average age4444
Gender ratioMale, 38.0% Female, 62.0%Male, 40.7% Female, 59.3%
Race ratioBlack or African American, 10.5% Unknown, 4.4% Hispanic or Latino, 16.4% Asian, 5.1% White, 63.0% 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 reinsurance claims analyst and senior claims specialist duties and responsibilities

Reinsurance claims analyst example responsibilities.

  • Help managed meetings regarding decision making on CMS regulations.
  • Conduct quarterly internal commutations SOX testing.
  • Ensure the privacy and security of protect health information per HIPPA requirements
  • Confirm general ledger shows all accounting transactions for given period and reconciliations are conduct.
  • Request and review documentation and testing in order to qualify patients for Medicare and Medicaid coverage.
  • Analyze office administration support for analysts supporting DOD projects to identify efficiency opportunities to prototype and write report of analysis findings.
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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

Reinsurance claims analyst vs senior claims specialist skills

Common reinsurance claims analyst skills
  • Data Analysis, 47%
  • Surety, 13%
  • Client Accounts, 7%
  • Reconciliations, 4%
  • Reinsurance Contracts, 4%
  • Financial Reports, 4%
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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