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The differences between claims analysts and senior claims 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 claims analyst and a senior claims specialist. Additionally, a senior claims specialist has an average salary of $69,808, 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 specialist are customer service, litigation, and claims handling.
| Claims Analyst | Senior Claims Specialist | |
| Yearly salary | $48,398 | $69,808 |
| Hourly rate | $23.27 | $33.56 |
| Growth rate | -6% | -6% |
| Number of jobs | 22,062 | 11,011 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 65% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
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.
A senior claims specialist's role is to handle and process insurance claims, ensuring accuracy and smooth workflow. Their responsibilities include liaising with clients to identify their needs, reviewing and validating documentation, resolving issues and concerns, and traveling to different locations in order to perform claims inspections and investigations for client eligibility. They may also approve claims applications and negotiate settlements. Furthermore, as a senior claims specialist, it is essential to lead and serve as a mentor to junior specialists, all while implementing the company's policies and regulations.
Claims analysts and senior claims specialists have different pay scales, as shown below.
| Claims Analyst | Senior Claims Specialist | |
| Average salary | $48,398 | $69,808 |
| Salary range | Between $29,000 And $78,000 | Between $45,000 And $107,000 |
| Highest paying City | Trenton, NJ | - |
| Highest paying state | New Jersey | - |
| Best paying company | - | |
| Best paying industry | - | - |
There are a few differences between a claims analyst and a senior claims specialist in terms of educational background:
| Claims Analyst | Senior Claims Specialist | |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between claims analysts' and senior claims specialists' demographics:
| Claims Analyst | Senior Claims Specialist | |
| Average age | 44 | 44 |
| Gender ratio | Male, 27.6% Female, 72.4% | Male, 40.7% Female, 59.3% |
| Race ratio | Black 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, 12.0% Unknown, 4.4% Hispanic or Latino, 16.8% Asian, 5.2% White, 61.0% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |