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Claims analyst vs senior claims analyst

The differences between claims analysts 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 claims analyst and a senior claims analyst. Additionally, a senior claims analyst has an average salary of $79,886, which is higher than the $48,398 average annual salary of a claims analyst.

The top three skills for a claims analyst include customer service, medical terminology and CPT. The most important skills for a senior claims analyst are customer service, litigation, and medical terminology.

Claims analyst vs senior claims analyst overview

Claims AnalystSenior Claims Analyst
Yearly salary$48,398$79,886
Hourly rate$23.27$38.41
Growth rate-6%-6%
Number of jobs22,06221,159
Job satisfaction--
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 61%
Average age4444
Years of experience66

What does a claims analyst do?

A claims analyst specializes in processing medical insurance claims. They are primarily responsible for verifying the authenticity and eligibility of claims, analyzing the billing, communicating with policyholders, and ensuring adherence to all the policies and regulations during the entire procedure. Furthermore, a claims analyst is also in charge of administrative tasks such as keeping and updating records, reaching out and sending reports to creditors, setting appointments and schedules, processing paperwork, coordinating with key personnel, and discussing terms and necessary information to clients.

What does a senior claims analyst do?

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.

Claims analyst vs senior claims analyst salary

Claims analysts and senior claims analysts have different pay scales, as shown below.

Claims AnalystSenior Claims Analyst
Average salary$48,398$79,886
Salary rangeBetween $29,000 And $78,000Between $52,000 And $122,000
Highest paying CityTrenton, NJSan Leandro, CA
Highest paying stateNew JerseyHawaii
Best paying companyGoogleAlameda Health System
Best paying industry-Finance

Differences between claims analyst and senior claims analyst education

There are a few differences between a claims analyst and a senior claims analyst in terms of educational background:

Claims AnalystSenior Claims Analyst
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 61%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Claims analyst vs senior claims analyst demographics

Here are the differences between claims analysts' and senior claims analysts' demographics:

Claims AnalystSenior Claims Analyst
Average age4444
Gender ratioMale, 27.6% Female, 72.4%Male, 30.8% Female, 69.2%
Race ratioBlack or African American, 11.3% Unknown, 4.4% Hispanic or Latino, 16.4% Asian, 5.1% White, 62.3% 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 Percentage10%10%

Differences between claims analyst and senior claims analyst duties and responsibilities

Claims analyst example responsibilities.

  • Help managed meetings regarding decision making on CMS regulations.
  • Process UB's and HCFA's according to guidelines.
  • Analyze and investigate medical claims utilizing ICD-9 and CPT-4 coding.
  • Review claims (HCFA and UB) for accurate billing submission.
  • Interpret medical reports to apply appropriate ICD-9, CPT-4 and HCPCS codes for member submit claims.
  • Acquire biometrics and perform phlebotomy.
  • Show more

Senior claims analyst example responsibilities.

  • Accomplish facets and Macess user including running reports.
  • Manage day-to-day operations of claims department and provide general oversight and direction of all claims activity.
  • Coordinate the maintenance of TPA payment type / code table conversions data.
  • Process claims, generate checks, create reports and correspond with TPA clients.
  • Review claims for correct billing information such as correct CPT codes, ICD code and patient information.
  • Analyze, evaluate, and conduct statistical data reviews as required by CMS in accordance with ZPIC policies.
  • Show more

Claims analyst vs senior claims analyst skills

Common claims analyst skills
  • Customer Service, 14%
  • Medical Terminology, 5%
  • CPT, 5%
  • Process Claims, 5%
  • Medicaid, 5%
  • Data Entry, 5%
Common senior claims analyst skills
  • Customer Service, 7%
  • Litigation, 7%
  • Medical Terminology, 6%
  • Coverage Issues, 6%
  • Policy Provisions, 5%
  • Medicaid, 5%

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