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Benefits analyst vs verification specialist

The differences between benefits analysts and verification 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 benefits analyst and a verification specialist. Additionally, a benefits analyst has an average salary of $50,944, which is higher than the $31,564 average annual salary of a verification specialist.

The top three skills for a benefits analyst include customer service, HR and HRIS. The most important skills for a verification specialist are customer service, patients, and data entry.

Benefits analyst vs verification specialist overview

Benefits AnalystVerification Specialist
Yearly salary$50,944$31,564
Hourly rate$24.49$15.18
Growth rate7%7%
Number of jobs20,21126,348
Job satisfaction-5
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 37%
Average age4545
Years of experience66

What does a benefits analyst do?

A Benefits Analyst is responsible for administering and communicating benefit programs for an organization. They attract and retain employees through researching, recommending, and explaining benefit programs.

What does a verification specialist do?

The verification specialist's primary role is to make and take calls to employers for the purpose of verifying information stated by an applicant on his/her /her job application. They manage calls inbound/outbound for education, employment, reference, and licensing verification purposes. They also maintain and keep records of all calls handled to ensure all verifications made are followed upon on time. They communicate effectively and proficiently to all parties involved in attaining verification information. Moreover, they do monthly review to quality check all data gathered for verifications.

Benefits analyst vs verification specialist salary

Benefits analysts and verification specialists have different pay scales, as shown below.

Benefits AnalystVerification Specialist
Average salary$50,944$31,564
Salary rangeBetween $36,000 And $70,000Between $24,000 And $41,000
Highest paying CityNew York, NYSan Jose, CA
Highest paying stateNew JerseyCalifornia
Best paying companyAmdJacobs Engineering Group
Best paying industryProfessionalInsurance

Differences between benefits analyst and verification specialist education

There are a few differences between a benefits analyst and a verification specialist in terms of educational background:

Benefits AnalystVerification Specialist
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 37%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Benefits analyst vs verification specialist demographics

Here are the differences between benefits analysts' and verification specialists' demographics:

Benefits AnalystVerification Specialist
Average age4545
Gender ratioMale, 27.8% Female, 72.2%Male, 23.9% Female, 76.1%
Race ratioBlack or African American, 11.1% Unknown, 3.6% Hispanic or Latino, 15.2% Asian, 7.8% White, 61.8% American Indian and Alaska Native, 0.3%Black or African American, 11.2% Unknown, 3.7% Hispanic or Latino, 15.2% Asian, 7.3% White, 62.3% American Indian and Alaska Native, 0.4%
LGBT Percentage9%9%

Differences between benefits analyst and verification specialist duties and responsibilities

Benefits analyst example responsibilities.

  • Manage relationships with all FSA clients including supporting their employee inquiries, reporting, and explain policy and procedure.
  • Manage regulatory compliance with federal and state leave laws such as FMLA, ADA, CFRA, PDL and FEHA.
  • Create reports using SQL database and manage reports, perform from internet-base tools for research projects need for client insight.
  • Develop data analysis procedures to comply with ACA regulations.
  • Screen clients for Medicaid and other health insurance eligibility.
  • Provide functional expertise and leadership of retiree benefits administration during the RFP selection process for outsourcing retirement administration.
  • Show more

Verification specialist example responsibilities.

  • Manage the TRICARE information program by presenting information utilizing available media, group presentations, or mailings.
  • Maintain confidentiality of all patient medical information adhering to HIPPA regulations and Medicare / Medicaid policies.
  • Verify primary insurance eligibility by phone with agents or online regarding Medicaid recipients and to determine payment responsibilities to providers.
  • Verify medical coverage and benefits to providers and members, review certain ICD9 and CPT codes.
  • Verify patient effective date of insurance, including CPT and diagnosis codes and general policy information.
  • Receive extensive training on insurance plans and types, HIPAA compliance, PatientPlus programming and other workplace relate topics.
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Benefits analyst vs verification specialist skills

Common benefits analyst skills
  • Customer Service, 10%
  • HR, 8%
  • HRIS, 6%
  • Payroll, 6%
  • PowerPoint, 5%
  • RFP, 4%
Common verification specialist skills
  • Customer Service, 23%
  • Patients, 18%
  • Data Entry, 13%
  • Insurance Verification, 4%
  • Medicaid, 4%
  • Verification Process, 3%

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