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The differences between claim processors and claims representatives 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 representative. Additionally, a claim processor has an average salary of $41,201, which is higher than the $38,796 average annual salary of a claims representative.
The top three skills for a claim processor include customer service, data entry and medical terminology. The most important skills for a claims representative are customer service, quality standards, and policy coverage.
| Claim Processor | Claims Representative | |
| Yearly salary | $41,201 | $38,796 |
| Hourly rate | $19.81 | $18.65 |
| Growth rate | -6% | -6% |
| Number of jobs | 11,542 | 18,565 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 43% | Bachelor's Degree, 62% |
| 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.
A Claims Representative is an agent who works for insurance companies in order to investigate and settle claims. The agent acts as an intermediary between customers and insurance companies by evaluating the customers' facts surrounding claims and determining whether the loss is covered or should be compensated. Such a role is important because an agent makes sure that no fraud claims are being paid out. It is also highlighted that an agent works in compliance with state regulations.
Claim processors and claims representatives have different pay scales, as shown below.
| Claim Processor | Claims Representative | |
| Average salary | $41,201 | $38,796 |
| Salary range | Between $26,000 And $62,000 | Between $28,000 And $53,000 |
| Highest paying City | Columbia, MD | Dearborn, MI |
| Highest paying state | Connecticut | New Jersey |
| Best paying company | NTT Data International L.L.C. | W. R. Berkley |
| Best paying industry | Insurance | Government |
There are a few differences between a claim processor and a claims representative in terms of educational background:
| Claim Processor | Claims Representative | |
| Most common degree | Bachelor's Degree, 43% | Bachelor's Degree, 62% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between claim processors' and claims representatives' demographics:
| Claim Processor | Claims Representative | |
| Average age | 44 | 44 |
| Gender ratio | Male, 22.9% Female, 77.1% | Male, 37.5% Female, 62.5% |
| 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, 11.0% Unknown, 4.4% Hispanic or Latino, 16.5% Asian, 5.1% White, 62.4% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |