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The differences between claims associates 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 associate and an insurance claims processor. Additionally, an insurance claims processor has an average salary of $37,151, which is higher than the $36,558 average annual salary of a claims associate.
The top three skills for a claims associate include customer service, medical claims and phone calls. The most important skills for an insurance claims processor are data entry, customer service, and medicaid.
| Claims Associate | Insurance Claims Processor | |
| Yearly salary | $36,558 | $37,151 |
| Hourly rate | $17.58 | $17.86 |
| Growth rate | -3% | -3% |
| Number of jobs | 9,145 | 48,777 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 48% | Bachelor's Degree, 30% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
Claims associates control claims for insurance companies. Their job duties include determining a customer's insurance coverage and evaluating those who have filed a claim. Also, they must make sure that a claim is analyzed correctly for the clients to receive their entitled financial settlement. The work may require the agent to travel to generate information about the claim and may vary from a different position in the insurance industry. Qualifications for the job include an associate degree, excellent interpersonal and research skills as well as relevant experience in customer service.
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 associates and insurance claims processors have different pay scales, as shown below.
| Claims Associate | Insurance Claims Processor | |
| Average salary | $36,558 | $37,151 |
| Salary range | Between $30,000 And $44,000 | Between $30,000 And $45,000 |
| Highest paying City | Hartford, CT | Eden Prairie, MN |
| Highest paying state | Connecticut | Connecticut |
| Best paying company | Accenture | Accenture |
| Best paying industry | Insurance | Insurance |
There are a few differences between a claims associate and an insurance claims processor in terms of educational background:
| Claims Associate | Insurance Claims Processor | |
| Most common degree | Bachelor's Degree, 48% | Bachelor's Degree, 30% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between claims associates' and insurance claims processors' demographics:
| Claims Associate | Insurance Claims Processor | |
| Average age | 44 | 44 |
| Gender ratio | Male, 30.3% Female, 69.7% | 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% |