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Become A Billing Specialist

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Working As A Billing Specialist

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

  • Repetitive

  • $35,000

    Average Salary

What Does A Billing Specialist 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 Specialist

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 Specialist Career Paths

Billing Specialist
Accounts Receivable Specialist Staff Accountant Senior Accountant
Assistant Controller
6 Yearsyrs
Accounts Receivable Specialist Accountant Office Manager
Practice Manager
9 Yearsyrs
Accounts Receivable Specialist Staff Accountant Accountant
Accountant And Office Manager
6 Yearsyrs
Specialist Team Leader Office Manager
Business Office Manager
7 Yearsyrs
Specialist Consultant Office Manager
Office Manager Of Human Resources
6 Yearsyrs
Specialist Team Leader Case Manager
Clinical Manager
8 Yearsyrs
Accountant Accounts Payable Supervisor
Accounts Payable Manager
7 Yearsyrs
Collections Specialist Credit Analyst
Credit Manager
5 Yearsyrs
Collections Specialist Credit Analyst Credit Manager
Accounts Receivable Manager
6 Yearsyrs
Staff Accountant Credit Analyst Credit Manager
Collections Manager
5 Yearsyrs
Executive Assistant Administrator Business Office Manager
Business Office Director
8 Yearsyrs
Shift Supervisor Assistant General Manager Front Office Manager
Revenue Manager
8 Yearsyrs
Billing Analyst
Senior Billing Analyst
6 Yearsyrs
Senior Billing Specialist
7 Yearsyrs
Human Resources Coordinator Customer Service Supervisor Service Supervisor
Patient Services Manager
7 Yearsyrs
Analyst Medical Coder
Billing Office Manager
6 Yearsyrs
Administrator Practice Administrator Medical Office Manager
Medical Billing Manager
6 Yearsyrs
Medical Coder Billing Supervisor
Patient Account Manager
7 Yearsyrs
Collections Specialist Credit And Collections Analyst
Senior Accounts Receivable Specialist
7 Yearsyrs
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Help others decide if this is a good career for them

Average Length of Employment
Insurance Biller 3.3 years
Billing Specialist 3.0 years
Billing Coder 3.0 years
Revenue Specialist 2.9 years
Billing Analyst 2.9 years
Billing Associate 2.8 years
Billing Consultant 2.7 years
Biller 2.6 years
Billing Assistant 2.2 years
Top Careers Before Billing Specialist
Cashier 8.9%
Internship 2.9%
Secretary 2.9%
Top Careers After Billing Specialist
Cashier 6.8%
Specialist 2.7%
Bookkeeper 2.4%

Do you work as a Billing Specialist?

Billing Specialist Demographics

Gender

Female

76.5%

Male

13.0%

Unknown

10.5%
Ethnicity

White

62.2%

Hispanic or Latino

16.6%

Black or African American

11.9%

Asian

6.2%

Unknown

3.2%
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Foreign Languages Spoken

Spanish

73.9%

French

4.2%

Portuguese

2.7%

Russian

2.2%

Carrier

2.0%

Vietnamese

1.8%

German

1.8%

Mandarin

1.3%

Chinese

1.3%

Italian

1.2%

Tagalog

1.0%

Hindi

1.0%

Hmong

1.0%

Japanese

0.9%

Arabic

0.9%

Cantonese

0.8%

Korean

0.7%

Polish

0.6%

Urdu

0.5%

Ukrainian

0.4%
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Billing Specialist Education

Schools

University of Phoenix

29.8%

Strayer University

7.4%

Kaplan University

6.8%

Ashford University

5.1%

Everest Institute

5.1%

Ultimate Medical Academy - Clearwater

5.1%

Remington College

3.9%

Houston Community College

3.7%

The Academy

3.7%

Liberty University

3.6%

Southern New Hampshire University

3.2%

American InterContinental University

3.2%

Baker College

2.7%

Grand Canyon University

2.6%

Miami Dade College

2.6%

Bryant and Stratton College

2.5%

Colorado Technical University

2.4%

Northern Virginia Community College

2.4%

Heald College - Central Administrative Office

2.1%

Davenport University

2.0%
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Majors

Business

25.9%

Health Care Administration

22.0%

Accounting

13.0%

Medical Assisting Services

4.9%

Nursing

3.4%

Insurance

3.3%

Psychology

3.3%

General Studies

2.9%

Criminal Justice

2.8%

Management

2.5%

Computer Information Systems

2.0%

Liberal Arts

1.8%

Finance

1.8%

Education

1.8%

Legal Support Services

1.6%

Communication

1.5%

Computer Science

1.5%

Secretarial And Administrative Science

1.4%

Human Resources Management

1.4%

Medical Technician

1.2%
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Degrees

Other

34.1%

Bachelors

25.2%

Associate

20.1%

Certificate

8.9%

Masters

5.9%

Diploma

4.9%

License

0.6%

Doctorate

0.3%
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Job type you want
Full Time
Part Time
Internship
Temporary
Average Yearly Salary
$35,000
View Detailed Salary Report
$25,000
Min 10%
$35,000
Median 50%
$35,000
Median 50%
$35,000
Median 50%
$35,000
Median 50%
$35,000
Median 50%
$35,000
Median 50%
$35,000
Median 50%
$47,000
Max 90%
Best Paying Company
Henry Schein
Highest Paying City
Orlando, FL
Highest Paying State
Florida
Avg Experience Level
3.0 years
How much does a Billing Specialist make at top companies?
The national average salary for a Billing Specialist in the United States is $35,185 per year or $17 per hour. Those in the bottom 10 percent make under $25,000 a year, and the top 10 percent make over $47,000.

Real Billing Specialist Salaries

Job Title Company Location Start Date Salary
Medical Billing Specialist Uptown Drug Co., Inc. DBA Uptown Drug and Gift Shop Los Angeles, CA Nov 19, 2014 $62,587
Budget and Billing Specialist Mikkon Corporation West Covina, CA Jul 15, 2015 $57,455
Billing Specialist General Vision Services LLC. New York, NY Sep 20, 2015 $55,556
Billing Specialist NYL-New York League for Early Learning New York, NY Jul 30, 2011 $54,846
Medical Billing Specialist Southern 788 Medical P.C. New York, NY Jan 26, 2016 $50,088
Billing Clerk Pacific Technology, Inc. D/B/A Pacific Technology Construction, Inc. Groveton, VA Mar 11, 2016 $48,589
Billing Clerk QED Mechanical & Construction Corp NY Nov 21, 2016 $47,154
Contracts Billing Specialist Concur Technologies, Inc. Redmond, WA Jun 17, 2010 $46,500 -
$51,500
Bilingual Billing Clerk Electro-MEC Products, Inc. Fort Lee, NJ Dec 14, 2015 $46,488
Billing Clerk Jefferson Electric Services Inc. NJ Sep 01, 2015 $45,510
Billing Clerk Aliso Electric Irvine, CA Nov 16, 2007 $43,827
Billing Clerk Pacific Technology, Inc. Annandale, VA Jun 10, 2015 $43,202
Billing Clerk SPR Construction Co Des Plaines, IL Mar 03, 2015 $41,267
Bookkeeping and Billing Clerk Zack's Fine Jewelry Houston, TX Oct 10, 2014 $41,122
Billing Clerk Mifab Inc. NY Oct 17, 2008 $40,000 -
$43,000
Billing Clerk Brzozka Industries Inc. Holbrook, NY Dec 07, 2014 $39,480
Billing Clerk Bill Tile Inc. Copiague, NY Jul 02, 2015 $39,458
Billing Clerk Pd Quality Construction Inc. Lindenhurst, NY Nov 10, 2014 $39,458
Billing Clerk Autospace Corp. Copiague, NY Aug 21, 2015 $39,458
Billing Clerk Appliance Service Inc. NY Jan 03, 2015 $39,437
Billing Clerk J & G Empire Contracting Inc. Lindenhurst, NY Jan 16, 2015 $39,437
Billing Clerk Brzozka Industries Inc. Holbrook, NY Sep 22, 2015 $39,437
Billing Clerk Cyrus Dental, LLC Newark, NJ Jan 21, 2011 $36,209
Billing Specialist NSM Securities Inc. West Palm Beach, FL Apr 01, 2009 $35,479
Billing Clerk Hamilton Park Health Care Center, Ltd. Jersey City, NJ Jan 21, 2009 $35,270
Billing Clerk Ivanhoe Realty Corp C/O S. Baradarian Englewood Cliffs, NJ Jan 15, 2009 $35,270
Billing & Cost Clerk Kim's Provision Co. Inc. D/B/A Us Meat Co. New York, NY May 26, 2010 $35,270
Billing Specialist Therapy 2000, Inc. Dallas, TX Nov 01, 2010 $34,174
Billing Clerk Ameriprime Home Health Providers, Inc. Riverside, CA Apr 25, 2008 $32,912
Billing Clerk Daso Trading, Inc. Skokie, IL Oct 27, 2016 $32,739

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Top Skills for A Billing Specialist

  1. Insurance Companies
  2. Medical Records
  3. Data Entry
You can check out examples of real life uses of top skills on resumes here:
  • Communicated any discrepancies and questioned any denial payments with insurance companies.
  • Reviewed, analyzed and managed coding of diagnostic and treatment procedures contained in outpatient medical records.
  • Provided timely and accurate data entry.
  • Managed incoming customer service calls regarding scheduling, treatment, professional and facility billing.
  • Shadowed Customer Representatives in face-to-face and telephonic conversations with customers about payment arrangements and other account inquiries

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Top 10 Best States for Billing Specialists

  1. Alaska
  2. New York
  3. Delaware
  4. Connecticut
  5. Massachusetts
  6. District of Columbia
  7. Florida
  8. Rhode Island
  9. Ohio
  10. Minnesota
  • (36 jobs)
  • (1,023 jobs)
  • (65 jobs)
  • (233 jobs)
  • (630 jobs)
  • (126 jobs)
  • (1,328 jobs)
  • (77 jobs)
  • (900 jobs)
  • (556 jobs)

Top Billing Specialist Employers

Jobs From Top Billing Specialist Employers

Billing Specialist Videos

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