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The differences between claim processors and senior claims analysts 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 senior claims analyst. Additionally, a senior claims analyst has an average salary of $79,886, which is higher than the $41,201 average annual salary of a claim processor.
The top three skills for a claim processor include customer service, data entry and medical terminology. The most important skills for a senior claims analyst are customer service, litigation, and medical terminology.
| Claim Processor | Senior Claims Analyst | |
| Yearly salary | $41,201 | $79,886 |
| Hourly rate | $19.81 | $38.41 |
| Growth rate | -6% | -6% |
| Number of jobs | 11,542 | 21,159 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 43% | Bachelor's Degree, 61% |
| 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.
Senior Claims Analysts are responsible for providing support and oversight on the process of liability claims. Their duties include verifying submitted claims, assessing reimbursement policies, performing reconciliation with claims estimates, and conducting payment negotiations. They manage claims processing costs, prepare payment documents, reclassify entries, and attend to requestors' queries. Senior Claims Analyst also organizes records and assist in providing mentorship and training sessions to junior staff.
Claim processors and senior claims analysts have different pay scales, as shown below.
| Claim Processor | Senior Claims Analyst | |
| Average salary | $41,201 | $79,886 |
| Salary range | Between $26,000 And $62,000 | Between $52,000 And $122,000 |
| Highest paying City | Columbia, MD | San Leandro, CA |
| Highest paying state | Connecticut | Hawaii |
| Best paying company | NTT Data International L.L.C. | Alameda Health System |
| Best paying industry | Insurance | Finance |
There are a few differences between a claim processor and a senior claims analyst in terms of educational background:
| Claim Processor | Senior Claims Analyst | |
| Most common degree | Bachelor's Degree, 43% | Bachelor's Degree, 61% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between claim processors' and senior claims analysts' demographics:
| Claim Processor | Senior Claims Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 22.9% Female, 77.1% | Male, 30.8% Female, 69.2% |
| 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, 11.3% Unknown, 4.4% Hispanic or Latino, 16.7% Asian, 5.2% White, 62.0% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |