Post job

Senior claims analyst vs liability claims representative

The differences between senior claims analysts and liability claims representatives can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a senior claims analyst and a liability claims representative. Additionally, a senior claims analyst has an average salary of $79,886, which is higher than the $45,654 average annual salary of a liability claims representative.

The top three skills for a senior claims analyst include customer service, litigation and medical terminology. The most important skills for a liability claims representative are litigation, claims handling, and customer service.

Senior claims analyst vs liability claims representative overview

Senior Claims AnalystLiability Claims Representative
Yearly salary$79,886$45,654
Hourly rate$38.41$21.95
Growth rate-6%-6%
Number of jobs21,15913,563
Job satisfaction--
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 81%
Average age4444
Years of experience66

What does a senior claims analyst do?

Senior Claims Analysts are responsible for providing support and oversight on the process of liability claims. Their duties include verifying submitted claims, assessing reimbursement policies, performing reconciliation with claims estimates, and conducting payment negotiations. They manage claims processing costs, prepare payment documents, reclassify entries, and attend to requestors' queries. Senior Claims Analyst also organizes records and assist in providing mentorship and training sessions to junior staff.

What does a liability claims representative do?

A liability claims representative works at insurance companies where they are in charge of processing and settling insurance claims, ensuring accurate and efficient client service. They are responsible for conducting assessments, reviewing reports from examiners, and tracking any discrepancies such as underpayment or overpayment, reporting them right away. There are also times when they must meet with clients and inspect damages, conduct interviews and evaluations, estimate and negotiate settlements with external parties, and coordinate with other professionals to gain insights. Moreover, a liability claims representative maintains an active communication line with staff, resolving issues in a timely manner.

Senior claims analyst vs liability claims representative salary

Senior claims analysts and liability claims representatives have different pay scales, as shown below.

Senior Claims AnalystLiability Claims Representative
Average salary$79,886$45,654
Salary rangeBetween $52,000 And $122,000Between $33,000 And $61,000
Highest paying CitySan Leandro, CASomerville, MA
Highest paying stateHawaiiNew Jersey
Best paying companyAlameda Health SystemThe Travelers Companies
Best paying industryFinanceInsurance

Differences between senior claims analyst and liability claims representative education

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

Senior Claims AnalystLiability Claims Representative
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 81%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Senior claims analyst vs liability claims representative demographics

Here are the differences between senior claims analysts' and liability claims representatives' demographics:

Senior Claims AnalystLiability Claims Representative
Average age4444
Gender ratioMale, 30.8% Female, 69.2%Male, 43.1% Female, 56.9%
Race ratioBlack or African American, 11.3% Unknown, 4.4% Hispanic or Latino, 16.7% Asian, 5.2% White, 62.0% American Indian and Alaska Native, 0.5%Black or African American, 11.5% Unknown, 4.4% Hispanic or Latino, 16.7% Asian, 5.2% White, 61.7% American Indian and Alaska Native, 0.5%
LGBT Percentage10%10%

Differences between senior claims analyst and liability claims representative duties and responsibilities

Senior claims analyst example responsibilities.

  • Accomplish facets and Macess user including running reports.
  • Manage day-to-day operations of claims department and provide general oversight and direction of all claims activity.
  • Coordinate the maintenance of TPA payment type / code table conversions data.
  • Process claims, generate checks, create reports and correspond with TPA clients.
  • Review claims for correct billing information such as correct CPT codes, ICD code and patient information.
  • Analyze, evaluate, and conduct statistical data reviews as required by CMS in accordance with ZPIC policies.
  • Show more

Liability claims representative example responsibilities.

  • Investigate, evaluate, and manage call to complete coverage analysis confirming or denying coverage using Xactimate estimating software.
  • Investigate and conclude property and casualty liability claims including those in litigation with the highest overall production of the claims representatives.
  • Participate in arbitration hearings through writing contentions, compiling evidence and personally representing files.
  • Control expenses by developing and following resolutions and/or litigation plans to drive claim to resolution.
  • Facilitate training seminars for new employees to familiarize them with various corporate procedures including exposure recognition, fraud detection and arbitration.
  • Complete field inspection of losses including accurate scope of damages, photographic evidence collection, written estimates utilizing Xactimate estimating software.
  • Show more

Senior claims analyst vs liability claims representative skills

Common senior claims analyst skills
  • Customer Service, 7%
  • Litigation, 7%
  • Medical Terminology, 6%
  • Coverage Issues, 6%
  • Policy Provisions, 5%
  • Medicaid, 5%
Common liability claims representative skills
  • Litigation, 9%
  • Claims Handling, 8%
  • Customer Service, 7%
  • Law Enforcement Agencies, 6%
  • Insurance Claims, 6%
  • Reservations, 6%

Browse business and financial jobs