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The differences between claims associates and insurance 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 processor. Additionally, a claims associate has an average salary of $36,558, which is higher than the $33,041 average annual salary of an insurance processor.
The top three skills for a claims associate include customer service, medical claims and phone calls. The most important skills for an insurance processor are data entry, customer service, and phone calls.
| Claims Associate | Insurance Processor | |
| Yearly salary | $36,558 | $33,041 |
| Hourly rate | $17.58 | $15.89 |
| Growth rate | -3% | -3% |
| Number of jobs | 9,145 | 50,523 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 48% | Bachelor's Degree, 33% |
| 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.
Insurance Processors deal with the processing of insurance applications, amendments of policies, changes, and cancellations. An Insurance Processor works with the client to choose the best insurance package and advise them on how to maximize their benefits. Clients need to understand the insurance process by answering inquiries. It is also essential that an Insurance Processor work hand in hand with the client, guiding them through the process, explaining all crucial parts of the insurance to establish trust in you and the company.
Claims associates and insurance processors have different pay scales, as shown below.
| Claims Associate | Insurance Processor | |
| Average salary | $36,558 | $33,041 |
| Salary range | Between $30,000 And $44,000 | Between $28,000 And $38,000 |
| Highest paying City | Hartford, CT | Leawood, KS |
| Highest paying state | Connecticut | Connecticut |
| Best paying company | Accenture | Moore County Hospital District |
| Best paying industry | Insurance | Finance |
There are a few differences between a claims associate and an insurance processor in terms of educational background:
| Claims Associate | Insurance Processor | |
| Most common degree | Bachelor's Degree, 48% | Bachelor's Degree, 33% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between claims associates' and insurance processors' demographics:
| Claims Associate | Insurance Processor | |
| Average age | 44 | 44 |
| Gender ratio | Male, 30.3% Female, 69.7% | Male, 16.3% Female, 83.7% |
| 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% |