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Become A Billing Administrator

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Working As A Billing Administrator

  • Processing Information
  • Interacting With Computers
  • Getting Information
  • Performing Administrative Activities
  • Communicating with Supervisors, Peers, or Subordinates
  • Mostly Sitting

  • Repetitive

  • $42,000

    Average Salary

What Does A Billing Administrator Do

Financial clerks do administrative work for many types of organizations. They keep records, help customers, and carry out financial transactions.

Duties

Financial clerks typically do the following:

  • Keep and update financial records
  • Compute bills and charges
  • Offer customer assistance
  • Carry out financial transactions

Financial clerks give administrative and clerical support in financial settings. Their specific job duties vary by specialty and by setting.

Billing and posting clerks calculate charges, develop bills, and prepare them to be mailed to customers. They review documents such as purchase orders, sales tickets, charge slips, and hospital records to compute fees or charges due. They also contact customers to get or give account information.

Gaming cage workers work in casinos and other gaming establishments. The “cage” in which they work is the central depository for money and gaming chips. Gaming cage workers sell gambling chips, tokens, or tickets to patrons. They count funds and reconcile daily summaries of transactions in order to balance books.

Payroll and timekeeping clerks compile and post employee time and payroll data. They verify and record attendance, hours worked, and pay adjustments. They ensure that employees are paid on time and that their paychecks are accurate.

Procurement clerks compile requests for materials, prepare purchase orders, keep track of purchases and supplies, and handle questions about orders. They respond to questions from customers and suppliers about the status of orders. They handle requests to change or cancel orders. They make sure that purchases arrive on schedule and that the items meet the purchaser’s specifications.

Brokerage clerks help with tasks associated with securities such as stocks, bonds, commodities, and other kinds of investments. Their duties include writing orders for stock purchases and sales, computing transfer taxes, verifying stock transactions, accepting and delivering securities, distributing dividends, and keeping records of daily transactions and holdings.

Credit authorizers, checkers, and clerks review the credit history, and get the information needed to determine the creditworthiness, of individuals or businesses applying for credit. Credit authorizers evaluate customers’ computerized credit records and payment histories to decide, based on predetermined standards, whether to approve new credit. Credit checkers call or write credit departments of business and service establishments to get information about applicants’ credit standing.

Loan interviewers, also called loan processors or loan clerks, interview applicants and others to get and verify personal and financial information needed to complete loan applications. They also prepare the documents that go to the appraiser and are issued at the closing of a loan.

New accounts clerks interview people who want to open accounts in financial institutions. They explain the account services available to prospective customers and help them fill out applications. They also investigate and correct errors in accounts.

Insurance claims and policy processing clerks process applications for insurance policies. They also handle customers’ requests to change or cancel their existing policies. Their duties include interviewing clients and reviewing insurance applications to ensure that all questions have been answered. They also notify insurance agents and accounting departments of policy cancellations or changes.

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How To Become A Billing Administrator

A high school diploma or equivalent is typically required for most financial clerk jobs. These workers usually learn their duties through on-the-job training.

Education

Financial clerks typically need a high school diploma or equivalent to enter the occupation. Employers of brokerage clerks may prefer candidates who have taken some college courses in business or economics and, in some cases, require a 2- or 4-year college degree.

Training

Most financial clerks learn how to do their job duties through on-the-job training. Some formal technical training also may be necessary; for example, gaming cage workers may need training in specific gaming regulations and procedures.

Advancement

Financial clerks can advance to related occupations in finance. For example, a loan interviewer or clerk can become a loan officer, and a brokerage clerk can become a securities, commodities, or financial services sales agent, after obtaining the required education and license.

Important Qualities

Communication skills. Financial clerks should have good communication skills so that they can explain policies and procedures to colleagues and customers.

Math skills. The job duties of financial clerks, including calculating charges and checking credit scores, require basic math skills.

Organizational skills. Strong organizational skills are important for financial clerks because they must be able to find files quickly and efficiently.

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Billing Administrator Career Paths

Billing Administrator
Billing Specialist Accounts Receivable Specialist Accountant
Accounting Manager
7 Yearsyrs
Billing Specialist Specialist Consultant
Assistant Controller
6 Yearsyrs
Billing Specialist Team Leader Office Manager
Practice Manager
9 Yearsyrs
Accounts Payable Clerk Accountant Office Manager
Business Office Manager
7 Yearsyrs
Accounts Payable Clerk Payroll Administrator Office Manager
Administrative Manager
6 Yearsyrs
Accounts Payable Clerk Staff Accountant Accountant
Accountant And Office Manager
6 Yearsyrs
Accounts Receivable Specialist Staff Accountant Accounts Payable Supervisor
Accounts Payable Manager
7 Yearsyrs
Accounts Receivable Specialist Credit Analyst
Credit Manager
5 Yearsyrs
Administrator Business Office Manager
Business Office Director
8 Yearsyrs
Administrator Consultant Senior Accountant
Accounts Receivable Manager
6 Yearsyrs
Administrator Team Leader Customer Service Manager
Collections Manager
5 Yearsyrs
Staff Accountant Human Resources Coordinator Executive Assistant
Office Manager Of Human Resources
6 Yearsyrs
Billing And Insurance Coordinator Medical Coder Billing Manager
Revenue Manager
8 Yearsyrs
Billing And Insurance Coordinator Medical Coder
Billing Supervisor
6 Yearsyrs
Billing And Insurance Coordinator Billing Analyst
Senior Billing Analyst
6 Yearsyrs
Legal Assistant Analyst Medical Coder
Billing Office Manager
6 Yearsyrs
Account Representative Patient Service Representative Service Supervisor
Patient Services Manager
7 Yearsyrs
Account Representative Reimbursement Specialist Billing Supervisor
Patient Account Manager
7 Yearsyrs
Executive Assistant Office Manager/Office Coordinator Medical Office Manager
Medical Billing Manager
6 Yearsyrs
Medical Billing, Receptionist Billing Analyst Senior Billing Analyst
Senior Billing Specialist
7 Yearsyrs
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Help others decide if this is a good career for them

Average Length of Employment
Billing Specialist 3.0 years
Billing Analyst 2.9 years
Billing Associate 2.8 years
Billing Consultant 2.7 years
Billing Assistant 2.2 years
Top Careers Before Billing Administrator
Cashier 5.6%
Teller 2.5%
Internship 2.5%
Supervisor 2.4%
Secretary 2.2%
Top Careers After Billing Administrator
Cashier 3.9%
Bookkeeper 3.0%
Accountant 2.7%

Do you work as a Billing Administrator?

Average Yearly Salary
$42,000
View Detailed Salary Report
$28,000
Min 10%
$42,000
Median 50%
$42,000
Median 50%
$42,000
Median 50%
$42,000
Median 50%
$42,000
Median 50%
$42,000
Median 50%
$42,000
Median 50%
$62,000
Max 90%
Best Paying Company
Damar Services
Highest Paying City
New York, NY
Highest Paying State
Alaska
Avg Experience Level
3.2 years
How much does a Billing Administrator make at top companies?
The national average salary for a Billing Administrator in the United States is $42,616 per year or $20 per hour. Those in the bottom 10 percent make under $28,000 a year, and the top 10 percent make over $62,000.

How Would You Rate The Salary Of a Billing Administrator?

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Top Skills for A Billing Administrator

  1. Medical Records
  2. Insurance Companies
  3. Customer Service
You can check out examples of real life uses of top skills on resumes here:
  • Reviewed medical records for completeness and filed records in alphabetic and numeric order.
  • Verify all client's eligibility daily; problem-solving eligibility status with insurance companies and clinicians.
  • Provide quality customer service and end-user support for University Hospital, Hospital Outpatient Departments, and physician practices.
  • Prepare financial statements and reports necessary to analyze monthly billings and collections.
  • Generate billing invoices, Log and process technicians' weekly payroll, Distribute mail and weekly paychecks.

Billing Administrator Demographics

Gender

Female

74.3%

Male

15.0%

Unknown

10.7%
Ethnicity

White

59.9%

Hispanic or Latino

18.5%

Black or African American

11.5%

Asian

6.8%

Unknown

3.4%
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Foreign Languages Spoken

Spanish

70.3%

French

5.1%

German

3.4%

Portuguese

2.5%

Tagalog

2.5%

Arabic

2.5%

Chinese

1.7%

Hindi

1.7%

Italian

1.7%

Turkish

0.8%

Hungarian

0.8%

Ukrainian

0.8%

Vietnamese

0.8%

Japanese

0.8%

Mandarin

0.8%

Cheyenne

0.8%

Russian

0.8%

Korean

0.8%

Nepali

0.8%
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Billing Administrator Education

Schools

University of Phoenix

31.9%

Strayer University

9.1%

University of Maryland - University College

5.3%

University of Houston

4.9%

Ashford University

4.6%

Kaplan University

3.8%

Davenport University

3.8%

Monroe College

3.4%

American InterContinental University

3.4%

Northeastern University

3.4%

Pennsylvania State University

3.0%

Southern New Hampshire University

3.0%

Brookdale Community College

3.0%

Wake Technical Community College

2.7%

Ohio State University

2.7%

Northern Illinois University

2.7%

Hinds Community College

2.3%

Villanova University

2.3%

Mercy College - Dobbs Ferry

2.3%

Everest Institute

2.3%
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Majors

Business

32.6%

Accounting

15.7%

Health Care Administration

11.0%

Finance

4.2%

Management

3.6%

Psychology

3.5%

Criminal Justice

3.0%

Medical Assisting Services

2.6%

General Studies

2.5%

Nursing

2.5%

Communication

2.5%

Liberal Arts

2.3%

Insurance

1.9%

Computer Information Systems

1.9%

English

1.8%

Education

1.8%

Legal Support Services

1.8%

Marketing

1.8%

Computer Science

1.6%

Human Resources Management

1.5%
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Degrees

Bachelors

34.8%

Other

29.1%

Associate

15.8%

Masters

9.6%

Certificate

6.6%

Diploma

3.1%

License

0.6%

Doctorate

0.4%
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