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The differences between claims administrators and insurance claims processors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a claims administrator and an insurance claims processor. Additionally, an insurance claims processor has an average salary of $37,151, which is higher than the $36,432 average annual salary of a claims administrator.
The top three skills for a claims administrator include data entry, customer service and process claims. The most important skills for an insurance claims processor are data entry, customer service, and medicaid.
| Claims Administrator | Insurance Claims Processor | |
| Yearly salary | $36,432 | $37,151 |
| Hourly rate | $17.52 | $17.86 |
| Growth rate | -3% | -3% |
| Number of jobs | 59,006 | 48,777 |
| Job satisfaction | 4 | - |
| Most common degree | Bachelor's Degree, 53% | Bachelor's Degree, 30% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
Claims administrators are professionals who are responsible for performing administrative duties related to insurance claims. These administrators must collaborate with insurance companies so that they can analyze claims and determine the extent of the company's liability. They must review billing and process claims correctly by identifying provider information and other documentation to ensure a prompt payout. Claims administrators must also maintain and manage the compensation files of all workers in order to conduct preliminary investigations on work-related injuries for worker's compensation claims.
A claims processor usually works in health or property insurance claims. They are responsible for processing and evaluating the claim forms, monitoring and verifying information, and closely communicating with the company's clients, beneficiaries, and agents. Also, they handle queries and comments, calculate possible claims, and process of various payments. They also need to ensure all insurance company guidelines and policies are adhered to in order to avoid discrepancies, issues, and other problems regarding a client's claims.
Claims administrators and insurance claims processors have different pay scales, as shown below.
| Claims Administrator | Insurance Claims Processor | |
| Average salary | $36,432 | $37,151 |
| Salary range | Between $29,000 And $44,000 | Between $30,000 And $45,000 |
| Highest paying City | Reno, NV | Eden Prairie, MN |
| Highest paying state | Connecticut | Connecticut |
| Best paying company | ABB | Accenture |
| Best paying industry | Hospitality | Insurance |
There are a few differences between a claims administrator and an insurance claims processor in terms of educational background:
| Claims Administrator | Insurance Claims Processor | |
| Most common degree | Bachelor's Degree, 53% | Bachelor's Degree, 30% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between claims administrators' and insurance claims processors' demographics:
| Claims Administrator | Insurance Claims Processor | |
| Average age | 44 | 44 |
| Gender ratio | Male, 28.9% Female, 71.1% | Male, 20.3% Female, 79.7% |
| Race ratio | Black or African American, 13.8% Unknown, 4.3% Hispanic or Latino, 14.4% Asian, 3.9% White, 63.2% American Indian and Alaska Native, 0.5% | Black or African American, 13.8% Unknown, 4.3% Hispanic or Latino, 14.4% Asian, 3.9% White, 63.2% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 11% | 11% |