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Claims benefit specialist vs appraiser

The differences between claims benefit specialists and appraisers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a claims benefit specialist, becoming an appraiser takes usually requires 2-4 years. Additionally, a claims benefit specialist has an average salary of $47,292, which is higher than the $42,223 average annual salary of an appraiser.

The top three skills for a claims benefit specialist include customer inquiries, appeals and medical terminology. The most important skills for an appraiser are commercial property, appraisal reports, and customer service.

Claims benefit specialist vs appraiser overview

Claims Benefit SpecialistAppraiser
Yearly salary$47,292$42,223
Hourly rate$22.74$20.30
Growth rate-6%7%
Number of jobs32,2081,186
Job satisfaction--
Most common degreeBachelor's Degree, 40%Bachelor's Degree, 62%
Average age4449
Years of experience64

What does a claims benefit specialist do?

Claims and benefits specialists ensure their company's compliance with the internal and external health plan partner processes. The job requires them to be sharp, organized, and able to multitask. They recommend strategies that will improve the processes present in the current trends that they constantly evaluate. These specialists manage portfolios of claims and benefits issues and ensure that they provide the best resolutions that follow the health plan processing guidelines to impress their clients.

What does an appraiser do?

An appraiser is someone who assesses the monetary value of a property such as an automobile, real property, and personal claim. His/Her or her responsibilities include resolving disparities between a property's monetary values and preparing narrative reports for projects. The essential skills that an appraiser should possess to accomplish such responsibilities include a keen eye for details, strong communication, analytical, and problem-solving skills, and the ability to work under pressure. The education requirements for the job vary depending on the area of focus.

Claims benefit specialist vs appraiser salary

Claims benefit specialists and appraisers have different pay scales, as shown below.

Claims Benefit SpecialistAppraiser
Average salary$47,292$42,223
Salary rangeBetween $32,000 And $68,000Between $29,000 And $59,000
Highest paying City-San Mateo, CA
Highest paying state-California
Best paying company-City National Bank
Best paying industry-Insurance

Differences between claims benefit specialist and appraiser education

There are a few differences between a claims benefit specialist and an appraiser in terms of educational background:

Claims Benefit SpecialistAppraiser
Most common degreeBachelor's Degree, 40%Bachelor's Degree, 62%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Claims benefit specialist vs appraiser demographics

Here are the differences between claims benefit specialists' and appraisers' demographics:

Claims Benefit SpecialistAppraiser
Average age4449
Gender ratioMale, 19.6% Female, 80.4%Male, 67.8% Female, 32.2%
Race ratioBlack or African American, 11.4% Unknown, 4.4% Hispanic or Latino, 16.9% Asian, 5.2% White, 61.6% American Indian and Alaska Native, 0.5%Black or African American, 4.6% Unknown, 3.9% Hispanic or Latino, 6.8% Asian, 2.9% White, 81.5% American Indian and Alaska Native, 0.4%
LGBT Percentage10%8%

Differences between claims benefit specialist and appraiser duties and responsibilities

Claims benefit specialist example responsibilities.

  • Analyze, process and manage FMLA claims to determine eligibility and certification in compliance with state and federal regulations.
  • Establish a working knowledge of CPT, ICD-9, HCPCS codes, terminology, member benefits and claim flow.
  • Process claims utilizing appropriate ICD-9, DSM-IV and HCPCS codes.
  • Analyze each claim and calculate percentages for both PPO and NON-PPO providers.
  • Understand CPT, HCPCS, ICD-9-CM and ICD-10-CM medical claims coding regulations and guidelines
  • Process Non-HMO and PPO paper and electronic claims in an accurate and time manner.
  • Show more

Appraiser example responsibilities.

  • Cross-Train in numerous banking/lending fields relate to real property appraisal such as underwriting, loan processing, and loan origination.
  • Experience in appraising single family residences, condominiums, raw land, develop lots, construction appraisals, and final inspections.
  • Complete commercial appraisal assignments in Illinois under a supervising MAI.
  • Prepare analysis of valuation issues for federal agency rent appeals, federal acquisitions, and litigation.
  • Provide oversight of the appraisers, to insure they are FHA approve.
  • Handle total losses by obtaining CCC reports, obtaining DMV documents and contacting lien holders.
  • Show more

Claims benefit specialist vs appraiser skills

Common claims benefit specialist skills
  • Customer Inquiries, 11%
  • Appeals, 7%
  • Medical Terminology, 6%
  • Routine Claims, 5%
  • CPT, 4%
  • Processing Issues, 4%
Common appraiser skills
  • Commercial Property, 13%
  • Appraisal Reports, 12%
  • Customer Service, 7%
  • MAI, 6%
  • Discounted Cash Flow, 5%
  • Market Research, 4%

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