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The differences between claim processors and claims coordinators can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a claim processor and a claims coordinator. Additionally, a claim processor has an average salary of $41,201, which is higher than the $38,620 average annual salary of a claims coordinator.
The top three skills for a claim processor include customer service, data entry and medical terminology. The most important skills for a claims coordinator are customer service, patients, and data entry.
| Claim Processor | Claims Coordinator | |
| Yearly salary | $41,201 | $38,620 |
| Hourly rate | $19.81 | $18.57 |
| Growth rate | -6% | -6% |
| Number of jobs | 11,542 | 27,332 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 43% | Bachelor's Degree, 48% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
A Claims Processor is responsible for processing and verifying insurance claims, in adherence to the policies, laws, and regulations of the company involved. Aside from examining its authenticity, they must also oversee new policies and recommend modifications should it be needed. Moreover, it is also the task of the Claims Processor to prepare the necessary documents and guidelines for the policyholder, process reimbursements upon approval, provide answers to inquiries, and report issues and updates to the management.
Claims coordinators are professionals who are responsible for coordinating activities that are related to handling and processing insurance claims for an organization. These coordinators must serve as liaison officer between the organization, insurance provider, and policyholders to communicate the status and eligibility for coverage for all relevant claims. They need to ensure that billing requirements are met by reviewing insurance claims. Claims coordinators must also answer all the inquiries of their clients while making recommendations to resolve any claim issues.
Claim processors and claims coordinators have different pay scales, as shown below.
| Claim Processor | Claims Coordinator | |
| Average salary | $41,201 | $38,620 |
| Salary range | Between $26,000 And $62,000 | Between $31,000 And $47,000 |
| Highest paying City | Columbia, MD | Federal Way, WA |
| Highest paying state | Connecticut | New Jersey |
| Best paying company | NTT Data International L.L.C. | Xcel Energy |
| Best paying industry | Insurance | Finance |
There are a few differences between a claim processor and a claims coordinator in terms of educational background:
| Claim Processor | Claims Coordinator | |
| Most common degree | Bachelor's Degree, 43% | Bachelor's Degree, 48% |
| Most common major | Business | Business |
| Most common college | Stanford University | - |
Here are the differences between claim processors' and claims coordinators' demographics:
| Claim Processor | Claims Coordinator | |
| Average age | 44 | 44 |
| Gender ratio | Male, 22.9% Female, 77.1% | Male, 24.6% Female, 75.4% |
| Race ratio | Black or African American, 11.2% Unknown, 4.4% Hispanic or Latino, 16.7% Asian, 5.2% White, 62.0% American Indian and Alaska Native, 0.5% | Black or African American, 11.2% Unknown, 4.4% Hispanic or Latino, 17.0% Asian, 5.3% White, 61.6% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |