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The differences between claim specialists and audit specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, an audit specialist has an average salary of $58,291, which is higher than the $43,164 average annual salary of a claim specialist.
The top three skills for a claim specialist include customer service, litigation and patients. The most important skills for an audit specialist are audit reports, patients, and customer service.
| Claim Specialist | Audit Specialist | |
| Yearly salary | $43,164 | $58,291 |
| Hourly rate | $20.75 | $28.02 |
| Growth rate | -6% | 6% |
| Number of jobs | 29,505 | 40,071 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 55% |
| Average age | 44 | 44 |
| Years of experience | 6 | - |
A claims specialist is responsible for processing insurance claims, reviewing insurance coverage, and analyzing claims cases. Claims specialists' duties include negotiating claims settlements, validating claims to prevent fraud, creating court testimonies as needed, developing claim review plans, and checking necessary documents and related resolve claims. A claims specialist must have strong analytical and critical-thinking skills to authorize claim payment and investigate complex and unusual claims. Claims specialists should also have extensive knowledge of the insurance processes to handle various cases, following legal policies and regulatory procedures.
An audit specialist is responsible for evaluating the reports by a professional auditor that will assist in improving the growth of the organization to achieve its goals and objectives. Audit specialists aid in the development of the company by using a systematic approach to reach the goals set by the company. Primary responsibilities include operating complex and difficult audit projects and conducting audits of control, financial, and other operating records. Also, they develop, implement distinct audit strategies, programs, and procedures for intricate assignments.
Claim specialists and audit specialists have different pay scales, as shown below.
| Claim Specialist | Audit Specialist | |
| Average salary | $43,164 | $58,291 |
| Salary range | Between $27,000 And $67,000 | Between $34,000 And $99,000 |
| Highest paying City | Newark, NJ | San Francisco, CA |
| Highest paying state | New Jersey | California |
| Best paying company | W. R. Berkley | SAP |
| Best paying industry | Insurance | Professional |
There are a few differences between a claim specialist and an audit specialist in terms of educational background:
| Claim Specialist | Audit Specialist | |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 55% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between claim specialists' and audit specialists' demographics:
| Claim Specialist | Audit Specialist | |
| Average age | 44 | 44 |
| Gender ratio | Male, 31.0% Female, 69.0% | Male, 33.7% Female, 66.3% |
| Race ratio | Black or African American, 11.4% Unknown, 4.4% Hispanic or Latino, 16.5% Asian, 5.1% White, 62.1% American Indian and Alaska Native, 0.5% | Black or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.1% Asian, 12.1% White, 63.6% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 7% |