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Billing and insurance coordinator hiring summary. Here are some key points about hiring billing and insurance coordinators in the United States:
Here's a step-by-step billing and insurance coordinator hiring guide:
A billing and insurance coordinator is responsible for coordinating with employees from different departments of an organization for billing and insurance processing purposes. Billing and insurance coordinators sort mail for distribution to appropriate personnel, performing administrative and clerical duties as needed, managing and releasing of invoices under the manager's supervision, and responding to employees' inquiries and concerns. A billing and insurance coordinator must be highly analytical, as well as have excellent knowledge of the insurance disciplines and processes to assist the employees with their payments and benefits.
Before you post your billing and insurance coordinator job, you should take the time to determine what type of worker your business needs. While certain jobs definitely require a full-time employee, it's sometimes better to find a billing and insurance coordinator for hire on a part-time basis or as a contractor.
Hiring the perfect billing and insurance coordinator also involves considering the ideal background you'd like them to have. Depending on what industry or field they have experience in, they'll bring different skills to the job. It's also important to consider what levels of seniority and education the job requires and what kind of salary such a candidate would likely demand.
This list shows salaries for various types of billing and insurance coordinators.
| Type of Billing And Insurance Coordinator | Description | Hourly rate |
|---|---|---|
| Billing And Insurance Coordinator | Financial clerks do administrative work for many types of organizations. They keep records, help customers, and carry out financial transactions. | $12-28 |
| Account Representative | Account representatives are employees who manage client accounts and act as the main contact of the clients they are handling. They maintain existing accounts by updating client details regularly... Show more | $12-24 |
| Customer Service And Billing | A customer service and billing worker primarily assists customers when it comes to billing matters. They answer calls or correspondence from customers to identify their needs, respond to inquiries, discuss product or service specifications, manage billing arrangements, provide price quotes, and offer other services... Show more | $12-19 |
Including a salary range in your billing and insurance coordinator job description is one of the best ways to attract top talent. A billing and insurance coordinator can vary based on:
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | District of Columbia | $98,383 | $47 |
| 2 | Maryland | $74,299 | $36 |
| 3 | New Jersey | $71,320 | $34 |
| 4 | Pennsylvania | $68,218 | $33 |
| 5 | New York | $66,227 | $32 |
| 6 | California | $63,749 | $31 |
| 7 | North Carolina | $60,291 | $29 |
| 8 | Michigan | $59,409 | $29 |
| 9 | Illinois | $57,841 | $28 |
| 10 | Massachusetts | $56,955 | $27 |
| 11 | Ohio | $52,454 | $25 |
| 12 | Kentucky | $49,272 | $24 |
| 13 | South Carolina | $45,366 | $22 |
| 14 | Indiana | $45,004 | $22 |
| 15 | Florida | $44,491 | $21 |
| 16 | Minnesota | $44,256 | $21 |
| 17 | Georgia | $43,260 | $21 |
| 18 | Iowa | $42,995 | $21 |
| 19 | Washington | $42,340 | $20 |
| 20 | Arizona | $41,439 | $20 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Kane Russell Coleman Logan | $139,097 | $66.87 | |
| 2 | Ropes & Gray | $137,838 | $66.27 | 9 |
| 3 | Wilson Elser Moskowitz Edelman & Dicker Llp | $91,694 | $44.08 | 6 |
| 4 | Hill International | $82,588 | $39.71 | |
| 5 | Kent Daniels & Associates | $78,746 | $37.86 | 7 |
| 6 | Weichert | $73,988 | $35.57 | 2 |
| 7 | Olsson | $73,074 | $35.13 | 7 |
| 8 | Zimmerman Advertising | $72,617 | $34.91 | |
| 9 | C-4 Analytics | $67,023 | $32.22 | |
| 10 | Pharmaceutics International | $66,372 | $31.91 | |
| 11 | Power International Holding | $65,478 | $31.48 | |
| 12 | ADT Security Services | $65,422 | $31.45 | |
| 13 | Anheuser-Busch | $63,621 | $30.59 | |
| 14 | Latham & Watkins | $62,814 | $30.20 | 5 |
| 15 | Promotion Execution Partners | $62,554 | $30.07 | |
| 16 | Bohler | $60,761 | $29.21 | |
| 17 | John B. Sanfilippo & Son | $55,508 | $26.69 | |
| 18 | National Financial Network | $53,813 | $25.87 | 11 |
| 19 | Wellpath | $50,709 | $24.38 | 2 |
| 20 | Davis-Ulmer Sprinkler Co. | $50,134 | $24.10 |
A billing and insurance coordinator job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. Below, you can find an example of a billing and insurance coordinator job description:
There are a few common ways to find billing and insurance coordinators for your business:
Your first interview with billing and insurance coordinator candidates should focus on their interest in the role and background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.
Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've selected the best billing and insurance coordinator candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the agreement with a contract.
It's also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.
To prepare for the new billing and insurance coordinator first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.
Recruiting billing and insurance coordinators involves both the one-time costs of hiring and the ongoing costs of adding a new employee to your team. Your spending during the hiring process will mostly be on things like promoting the job on job boards, reviewing and interviewing candidates, and onboarding the new hire. Ongoing costs will obviously involve the employee's salary, but also may include things like benefits.
Billing and insurance coordinators earn a median yearly salary is $41,141 a year in the US. However, if you're looking to find billing and insurance coordinators for hire on a contract or per-project basis, hourly rates typically range between $12 and $28.