Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between claim specialists and verification specialists 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 specialist and a verification specialist. Additionally, a claim specialist has an average salary of $43,164, which is higher than the $31,564 average annual salary of a verification specialist.
The top three skills for a claim specialist include customer service, litigation and patients. The most important skills for a verification specialist are customer service, patients, and data entry.
| Claim Specialist | Verification Specialist | |
| Yearly salary | $43,164 | $31,564 |
| Hourly rate | $20.75 | $15.18 |
| Growth rate | -6% | 7% |
| Number of jobs | 29,505 | 26,348 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 37% |
| Average age | 44 | 45 |
| Years of experience | 6 | 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.
The verification specialist's primary role is to make and take calls to employers for the purpose of verifying information stated by an applicant on his/her /her job application. They manage calls inbound/outbound for education, employment, reference, and licensing verification purposes. They also maintain and keep records of all calls handled to ensure all verifications made are followed upon on time. They communicate effectively and proficiently to all parties involved in attaining verification information. Moreover, they do monthly review to quality check all data gathered for verifications.
Claim specialists and verification specialists have different pay scales, as shown below.
| Claim Specialist | Verification Specialist | |
| Average salary | $43,164 | $31,564 |
| Salary range | Between $27,000 And $67,000 | Between $24,000 And $41,000 |
| Highest paying City | Newark, NJ | San Jose, CA |
| Highest paying state | New Jersey | California |
| Best paying company | W. R. Berkley | Jacobs Engineering Group |
| Best paying industry | Insurance | Insurance |
There are a few differences between a claim specialist and a verification specialist in terms of educational background:
| Claim Specialist | Verification Specialist | |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 37% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between claim specialists' and verification specialists' demographics:
| Claim Specialist | Verification Specialist | |
| Average age | 44 | 45 |
| Gender ratio | Male, 31.0% Female, 69.0% | Male, 23.9% Female, 76.1% |
| 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, 11.2% Unknown, 3.7% Hispanic or Latino, 15.2% Asian, 7.3% White, 62.3% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 10% | 9% |