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Become A Billing Analyst

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Working As A Billing Analyst

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

  • Repetitive

  • $61,000

    Average Salary

What Does A Billing Analyst 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 Analyst

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 Analyst Career Paths

Billing Analyst
Finance Analyst Senior Finance Analyst
Finance Manager
7 Yearsyrs
Finance Analyst Senior Accountant
Accounting Manager
7 Yearsyrs
Finance Analyst Senior Accountant Accounting Manager
Assistant Controller
6 Yearsyrs
Office Manager Accounting Manager Finance Manager
Manager Finance Planning And Analysis
8 Yearsyrs
Office Manager Operations Manager
Practice Manager
9 Yearsyrs
Office Manager Business Office Manager
Business Office Director
8 Yearsyrs
Business Analyst Consultant Senior Accountant
Accounts Payable Manager
7 Yearsyrs
Business Analyst Team Leader Customer Service Manager
Administrative Manager
6 Yearsyrs
Business Analyst Consultant Accounting Manager
Business Office Manager
7 Yearsyrs
Senior Finance Analyst Accounting Supervisor Accounts Payable Manager
Accounts Receivable Manager
6 Yearsyrs
Senior Finance Analyst Supervisor Unit Manager
Collections Manager
5 Yearsyrs
Assistant Manager Assistant General Manager Front Office Manager
Revenue Manager
8 Yearsyrs
Team Leader Assistant Store Manager Assistant Branch Manager
Credit Manager
5 Yearsyrs
Team Leader Maintenance Supervisor Service Supervisor
Patient Services Manager
7 Yearsyrs
Assistant Manager Assistant Office Manager
Office Manager Of Human Resources
6 Yearsyrs
Senior Billing Analyst
6 Yearsyrs
Assistant Manager Assistant Property Manager Assistant Office Manager
Accountant And Office Manager
6 Yearsyrs
Medical Coder Billing Supervisor
Patient Account Manager
7 Yearsyrs
Credit And Collections Analyst Collection Analyst Senior Billing Analyst
Senior Billing Specialist
7 Yearsyrs
Credit And Collections Analyst
Senior Accounts Receivable Specialist
7 Yearsyrs
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Do you work as a Billing Analyst?

Help others decide if this is a good career for them

Average Length of Employment
Billing Specialist 3.0 years
Billing Analyst 3.0 years
Collection Analyst 2.9 years
Billing Associate 2.8 years
Billing Consultant 2.7 years
Billing Assistant 2.2 years
Top Careers Before Billing Analyst
Accountant 3.9%
Analyst 3.8%
Cashier 3.6%
Internship 3.4%
Top Careers After Billing Analyst
Analyst 4.8%
Accountant 4.7%
Consultant 3.1%

Do you work as a Billing Analyst?

Billing Analyst Demographics

Gender

Female

63.1%

Male

26.1%

Unknown

10.8%
Ethnicity

White

59.6%

Hispanic or Latino

15.8%

Black or African American

12.3%

Asian

8.5%

Unknown

3.7%
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Foreign Languages Spoken

Spanish

57.4%

Carrier

5.3%

Portuguese

5.3%

French

4.8%

Hindi

3.2%

Russian

3.2%

Japanese

2.7%

Chinese

2.1%

Mandarin

1.6%

Italian

1.6%

Tagalog

1.6%

German

1.6%

Cantonese

1.6%

Urdu

1.6%

Swedish

1.1%

Turkish

1.1%

Vietnamese

1.1%

Filipino

1.1%

Polish

1.1%

Arabic

1.1%
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Billing Analyst Education

Schools

University of Phoenix

33.5%

Strayer University

10.3%

University of Houston

6.0%

Kaplan University

4.2%

American InterContinental University

3.9%

Ashford University

3.8%

Northern Virginia Community College

3.8%

Temple University

3.3%

University of Maryland - University College

3.2%

Houston Community College

3.0%

University of Texas at Arlington

2.9%

George Mason University

2.9%

Pennsylvania State University

2.8%

Webster University

2.6%

Baruch College of the City University of New York

2.5%

Southern New Hampshire University

2.5%

University of Texas at Austin

2.3%

Capella University

2.2%

Florida International University

2.2%

Robert Morris University

2.2%
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Majors

Business

34.6%

Accounting

18.1%

Finance

8.8%

Health Care Administration

7.8%

Management

4.3%

Computer Information Systems

2.3%

Economics

2.3%

Criminal Justice

2.2%

Psychology

2.1%

Communication

2.0%

Marketing

1.9%

Liberal Arts

1.8%

Medical Assisting Services

1.8%

Human Resources Management

1.7%

Computer Science

1.6%

General Studies

1.5%

Information Technology

1.4%

Nursing

1.3%

Education

1.3%

Political Science

1.2%
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Degrees

Bachelors

43.0%

Other

20.3%

Masters

15.8%

Associate

12.3%

Certificate

5.8%

Diploma

2.1%

Doctorate

0.5%

License

0.2%
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Job type you want
Full Time
Part Time
Internship
Temporary
Average Yearly Salary
$61,000
View Detailed Salary Report
$42,000
Min 10%
$61,000
Median 50%
$61,000
Median 50%
$61,000
Median 50%
$61,000
Median 50%
$61,000
Median 50%
$61,000
Median 50%
$61,000
Median 50%
$91,000
Max 90%
Best Paying Company
Aurora Medical Group
Highest Paying City
Bothell, WA
Highest Paying State
Alaska
Avg Experience Level
2.9 years
How much does a Billing Analyst make at top companies?
The national average salary for a Billing Analyst in the United States is $62,051 per year or $30 per hour. Those in the bottom 10 percent make under $42,000 a year, and the top 10 percent make over $91,000.

Real Billing Analyst Salaries

Job Title Company Location Start Date Salary
Billing Analyst Expert Amdocs Inc. Bothell, WA Sep 20, 2012 $95,996
Amdocs Billing Analyst Expert Amdocs Inc. Champaign, IL Aug 24, 2014 $94,000
Billing Analyst 4 EBAY Inc. Austin, TX Oct 01, 2012 $81,000
Billing Analyst Amdocs Inc. Richardson, TX Mar 04, 2012 $75,000
Billing Analyst Hughes Network Systems LLC Germantown, MD Apr 04, 2014 $72,350
Billing Analyst 3 Paypal, Inc. Boston, MA Oct 01, 2012 $70,000
Billing Analyst 3 Paypal, Inc. Boston, MA Dec 01, 2012 $70,000
Global Billing Analyst Outbrain, Inc. New York, NY Oct 01, 2015 $66,950
Billing Analyst Hughes Network Systems LLC Germantown, MD Apr 04, 2011 $65,000
Billing Analyst IBM Corporation Blue Bell, PA May 29, 2014 $62,546 -
$76,100
Billing Analyst Opera Software International Us, Inc. San Mateo, CA Sep 13, 2014 $55,099
Billing Analyst Summit Financial Printing, LLC New York, NY Jun 01, 2015 $55,000
Accounting and Billing Analyst Prime AE Group, Inc. Rocky Hill, CT Sep 09, 2014 $55,000
Pricing and Billing Analyst Toppan VITE (New York) Inc. New York, NY Sep 07, 2014 $55,000
Billing Analyst MTV Networks, A Division of Viacom International New York, NY Sep 08, 2010 $55,000
Analyst, Billing Constellation Newenergy, Inc. Houston, TX Jun 15, 2016 $53,768 -
$75,600
Finance Billing Analyst Gate Gourmet, Inc. Reston, VA Apr 19, 2011 $53,000
Finance Billing Analyst Gate Gourmet, Inc. Sterling, VA Apr 15, 2011 $52,500
Billing Analyst Navigant Consulting, Inc. Chicago, IL Oct 01, 2010 $50,066 -
$60,066
Billing Analyst Gala-Net, Inc. Sunnyvale, CA Dec 13, 2010 $50,000
Billing Analyst Fieldglass, Inc. Naperville, IL Aug 27, 2014 $49,670
Billing Analyst Gate Gourmet, Inc. Sterling, VA Sep 22, 2010 $49,513
Billing Analyst Navigant Consulting, Inc. Dallas, TX Aug 01, 2011 $46,862 -
$66,862

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Top Skills for A Billing Analyst

  1. Medical Records
  2. Customer Service
  3. Financial Statements
You can check out examples of real life uses of top skills on resumes here:
  • Located medical records and maintained confidentiality of all medical records information.
  • Provide extensive customer service and proactively resolve billing/ contract issues for deadline-oriented account teams and managers.
  • Assisted the Controller to ensure proper and accurate reporting of the organization s financial statements according to generally accepted accounting principles.
  • Communicated with various individuals via email Contacted insurance companies for claim follow-up Generated spreadsheets for tracking of open events Appeals
  • Perform quarterly audit pertaining to paid claims, ensuring company compliance with government guidelines and implementing corrective actions when required.

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Top 10 Best States for Billing Analysts

  1. District of Columbia
  2. Connecticut
  3. Rhode Island
  4. Delaware
  5. Massachusetts
  6. Minnesota
  7. New Jersey
  8. Alaska
  9. New York
  10. California
  • (157 jobs)
  • (127 jobs)
  • (46 jobs)
  • (44 jobs)
  • (310 jobs)
  • (218 jobs)
  • (254 jobs)
  • (7 jobs)
  • (630 jobs)
  • (1,269 jobs)

Top Billing Analyst Employers

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