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Subrogation specialist vs claim specialist

The differences between subrogation specialists and claim specialists can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a subrogation specialist, becoming a claim specialist takes usually requires 4-6 years. Additionally, a subrogation specialist has an average salary of $52,739, which is higher than the $43,164 average annual salary of a claim specialist.

The top three skills for a subrogation specialist include insurance carriers, arbitration and subrogation claims. The most important skills for a claim specialist are customer service, litigation, and patients.

Subrogation specialist vs claim specialist overview

Subrogation SpecialistClaim Specialist
Yearly salary$52,739$43,164
Hourly rate$25.36$20.75
Growth rate-6%-6%
Number of jobs22,21929,505
Job satisfaction--
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 54%
Average age4444
Years of experience46

Subrogation specialist vs claim specialist salary

Subrogation specialists and claim specialists have different pay scales, as shown below.

Subrogation SpecialistClaim Specialist
Average salary$52,739$43,164
Salary rangeBetween $40,000 And $69,000Between $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 subrogation specialist and claim specialist education

There are a few differences between a subrogation specialist and a claim specialist in terms of educational background:

Subrogation SpecialistClaim Specialist
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 54%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Subrogation specialist vs claim specialist demographics

Here are the differences between subrogation specialists' and claim specialists' demographics:

Subrogation SpecialistClaim Specialist
Average age4444
Gender ratioMale, 33.3% Female, 66.7%Male, 31.0% Female, 69.0%
Race ratioBlack or African American, 10.7% Unknown, 4.4% Hispanic or Latino, 16.9% Asian, 5.2% White, 62.2% 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 subrogation specialist and claim specialist duties and responsibilities

Subrogation specialist example responsibilities.

  • Apply strong customer service, organizational and multitasking skills to efficiently manage auto insurance claims.
  • Finalize claim settlements, process reimbursement checks and forward unsettled claim files to litigation or arbitration.
  • Run CCC evaluations to determine vehicle values for proper settlement negotiations.
  • Claim handling, negotiation and settlements of files within the CCC guidelines.
  • Review and complete title and DMV transfer forms to process and dispose salvage vehicles.
  • Assist auto owners with salvage title guidelines respective to their state DMV's rules.
  • Show more

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.
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Subrogation specialist vs claim specialist skills

Common subrogation specialist skills
  • Insurance Carriers, 15%
  • Arbitration, 10%
  • Subrogation Claims, 7%
  • Litigation, 6%
  • Workers Compensation, 6%
  • Liability Claims, 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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