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Reinsurance claims analyst vs worker's compensation claims examiner

The differences between reinsurance claims analysts and workers's compensation claims examiner 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 worker's compensation claims examiner. Additionally, a reinsurance claims analyst has an average salary of $92,324, which is higher than the $53,581 average annual salary of a worker's compensation claims examiner.

The top three skills for a reinsurance claims analyst include data analysis, surety and client accounts. The most important skills for a worker's compensation claims examiner are rehabilitation, social security, and litigation.

Reinsurance claims analyst vs worker's compensation claims examiner overview

Reinsurance Claims AnalystWorker's Compensation Claims Examiner
Yearly salary$92,324$53,581
Hourly rate$44.39$25.76
Growth rate-6%-6%
Number of jobs18,83315,002
Job satisfaction--
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 60%
Average age4444
Years of experience66

Reinsurance claims analyst vs worker's compensation claims examiner salary

Reinsurance claims analysts and workers's compensation claims examiner have different pay scales, as shown below.

Reinsurance Claims AnalystWorker's Compensation Claims Examiner
Average salary$92,324$53,581
Salary rangeBetween $64,000 And $132,000Between $33,000 And $84,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateWashingtonCalifornia
Best paying companyCNA InsuranceZurich
Best paying industryFinanceFinance

Differences between reinsurance claims analyst and worker's compensation claims examiner education

There are a few differences between a reinsurance claims analyst and a worker's compensation claims examiner in terms of educational background:

Reinsurance Claims AnalystWorker's Compensation Claims Examiner
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 60%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaStanford University

Reinsurance claims analyst vs worker's compensation claims examiner demographics

Here are the differences between reinsurance claims analysts' and workers's compensation claims examiner' demographics:

Reinsurance Claims AnalystWorker's Compensation Claims Examiner
Average age4444
Gender ratioMale, 38.0% Female, 62.0%Male, 25.0% Female, 75.0%
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, 10.7% Unknown, 4.4% Hispanic or Latino, 16.5% Asian, 5.1% White, 62.8% American Indian and Alaska Native, 0.5%
LGBT Percentage10%10%

Differences between reinsurance claims analyst and worker's compensation claims examiner 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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Worker's compensation claims examiner example responsibilities.

  • Manage all aspects of claims, including heavy litigation and vocational rehabilitation cases.
  • Negotiate settlements and actively manage the litigation process and process complex and technically difficult claims.
  • Determine benefits when processing medical claims receive as HCFA and UB92 paper claims or electronically.
  • Set up vehicle inspections, and rental reservations as a part of the claim settlement process.
  • Handle incoming calls from customers and providers with policy changes and claim status updates and maintain HIPAA.
  • Process claim forms, adjudicates for provision of deductibles, co-pays, co-insurance maximums and provider settlements and Medicaid claims.
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Reinsurance claims analyst vs worker's compensation claims examiner skills

Common reinsurance claims analyst skills
  • Data Analysis, 47%
  • Surety, 13%
  • Client Accounts, 7%
  • Reconciliations, 4%
  • Reinsurance Contracts, 4%
  • Financial Reports, 4%
Common worker's compensation claims examiner skills
  • Rehabilitation, 22%
  • Social Security, 16%
  • Litigation, 15%
  • Medical Management, 9%
  • Workers Compensation Claims, 9%
  • TPA, 4%

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