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Become A Claims Coordinator

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Working As A Claims Coordinator

  • Interacting With Computers
  • Evaluating Information to Determine Compliance with Standards
  • Communicating with Supervisors, Peers, or Subordinates
  • Documenting/Recording Information
  • Getting Information
  • Mostly Sitting

  • Repetitive

  • $45,000

    Average Salary

What Does A Claims Coordinator Do

Financial clerks do administrative work for many types of organizations. They keep records, help customers, and carry out financial transactions.

Duties

Financial clerks typically do the following:

  • Keep and update financial records
  • Compute bills and charges
  • Offer customer assistance
  • Carry out financial transactions

Financial clerks give administrative and clerical support in financial settings. Their specific job duties vary by specialty and by setting.

Billing and posting clerks calculate charges, develop bills, and prepare them to be mailed to customers. They review documents such as purchase orders, sales tickets, charge slips, and hospital records to compute fees or charges due. They also contact customers to get or give account information.

Gaming cage workers work in casinos and other gaming establishments. The “cage” in which they work is the central depository for money and gaming chips. Gaming cage workers sell gambling chips, tokens, or tickets to patrons. They count funds and reconcile daily summaries of transactions in order to balance books.

Payroll and timekeeping clerks compile and post employee time and payroll data. They verify and record attendance, hours worked, and pay adjustments. They ensure that employees are paid on time and that their paychecks are accurate.

Procurement clerks compile requests for materials, prepare purchase orders, keep track of purchases and supplies, and handle questions about orders. They respond to questions from customers and suppliers about the status of orders. They handle requests to change or cancel orders. They make sure that purchases arrive on schedule and that the items meet the purchaser’s specifications.

Brokerage clerks help with tasks associated with securities such as stocks, bonds, commodities, and other kinds of investments. Their duties include writing orders for stock purchases and sales, computing transfer taxes, verifying stock transactions, accepting and delivering securities, distributing dividends, and keeping records of daily transactions and holdings.

Credit authorizers, checkers, and clerks review the credit history, and get the information needed to determine the creditworthiness, of individuals or businesses applying for credit. Credit authorizers evaluate customers’ computerized credit records and payment histories to decide, based on predetermined standards, whether to approve new credit. Credit checkers call or write credit departments of business and service establishments to get information about applicants’ credit standing.

Loan interviewers, also called loan processors or loan clerks, interview applicants and others to get and verify personal and financial information needed to complete loan applications. They also prepare the documents that go to the appraiser and are issued at the closing of a loan.

New accounts clerks interview people who want to open accounts in financial institutions. They explain the account services available to prospective customers and help them fill out applications. They also investigate and correct errors in accounts.

Insurance claims and policy processing clerks process applications for insurance policies. They also handle customers’ requests to change or cancel their existing policies. Their duties include interviewing clients and reviewing insurance applications to ensure that all questions have been answered. They also notify insurance agents and accounting departments of policy cancellations or changes.

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How To Become A Claims Coordinator

A high school diploma or equivalent is typically required for most financial clerk jobs. These workers usually learn their duties through on-the-job training.

Education

Financial clerks typically need a high school diploma or equivalent to enter the occupation. Employers of brokerage clerks may prefer candidates who have taken some college courses in business or economics and, in some cases, require a 2- or 4-year college degree.

Training

Most financial clerks learn how to do their job duties through on-the-job training. Some formal technical training also may be necessary; for example, gaming cage workers may need training in specific gaming regulations and procedures.

Advancement

Financial clerks can advance to related occupations in finance. For example, a loan interviewer or clerk can become a loan officer, and a brokerage clerk can become a securities, commodities, or financial services sales agent, after obtaining the required education and license.

Important Qualities

Communication skills. Financial clerks should have good communication skills so that they can explain policies and procedures to colleagues and customers.

Math skills. The job duties of financial clerks, including calculating charges and checking credit scores, require basic math skills.

Organizational skills. Strong organizational skills are important for financial clerks because they must be able to find files quickly and efficiently.

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Claims Coordinator Career Paths

Claims Coordinator
Claims Adjuster Claims Supervisor
Claims Manager
8 Yearsyrs
Claims Adjuster Office Manager Human Resources Manager
Director Of Human Resources
10 Yearsyrs
Claims Adjuster Office Manager General Manager
Operations Vice President
11 Yearsyrs
Claims Representative Team Leader Office Manager
Practice Manager
9 Yearsyrs
Claims Representative Team Leader Assistant Manager
Center Manager
6 Yearsyrs
Claims Representative Team Leader Operations Manager
Site Manager
7 Yearsyrs
Billing Specialist Specialist Executive Assistant
Administrative Manager
6 Yearsyrs
Billing Specialist Accountant Manager
Assistant Vice President
7 Yearsyrs
Billing Specialist Accounts Receivable Specialist Accounts Receivable Supervisor
Accounts Receivable Manager
6 Yearsyrs
Claim Specialist Accounts Receivable Specialist Administrator
Business Office Manager
7 Yearsyrs
Claim Specialist Accounts Receivable Specialist Executive Assistant
Office Manager Of Human Resources
6 Yearsyrs
Claim Specialist Consultant Case Manager
Clinical Manager
8 Yearsyrs
Legal Assistant Human Resources Coordinator Benefit Specialist
Benefits Manager
8 Yearsyrs
Legal Assistant Executive Assistant Customer Service Manager
Call Center Manager
6 Yearsyrs
Legal Assistant Specialist Compliance Specialist
Compliance Manager
9 Yearsyrs
Specialist Analyst Medical Coder
Billing Manager
7 Yearsyrs
Analyst Medical Coder Billing Manager
Revenue Manager
8 Yearsyrs
Analyst Medical Coder
Billing Supervisor
6 Yearsyrs
Business Analyst Supervisor Unit Manager
Risk Manager
8 Yearsyrs
Data Analyst Administrator Practice Administrator
Medical Billing Manager
6 Yearsyrs
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Help others decide if this is a good career for them

Average Length of Employment
Claims Technician 3.6 years
Claims Clerk 3.5 years
Claims Assistant 3.1 years
Claims Coordinator 3.0 years
Claims Associate 2.9 years
Coordinator 2.7 years
Top Careers Before Claims Coordinator
Cashier 7.2%
Internship 2.3%
Top Careers After Claims Coordinator
Cashier 4.5%
Specialist 3.1%

Do you work as a Claims Coordinator?

How Would You Rate The Salary Of a Claims Coordinator?

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Top Skills for A Claims Coordinator

  1. Insurance Companies
  2. Customer Service
  3. Insurance Adjusters
You can check out examples of real life uses of top skills on resumes here:
  • Prepare memorandum and letters to insurance companies requesting additional information according to guidelines.
  • Seasoned customer service and administrative support professional with a proven track record of providing stellar assistance to customers and organizational staff.
  • Interacted with insurance adjusters through outbound and inbound telephonic contact to review and assess claims and Medicare eligibility.
  • Implement scanning or other automated data entry procedures, using imaging devices and document imaging software.
  • Direct outside vendor how to process claims, how to apply fee schedules, and policies and procedures for correct reimbursement.

Claims Coordinator Resume Examples And Tips

The average resume reviewer spends between 5 to 7 seconds looking at a single resume, which leaves the average job applier with roughly six seconds to make a killer first impression. Thanks to this, a single typo or error on your resume can disqualify you right out of the gate. At Zippia, we went through over 2,183 Claims Coordinator resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

Learn How To Create A Top Notch Claims Coordinator Resume

View Resume Examples

Claims Coordinator Demographics

Gender

Female

67.1%

Male

21.7%

Unknown

11.2%
Ethnicity

White

61.6%

Hispanic or Latino

18.1%

Black or African American

11.8%

Asian

5.6%

Unknown

2.9%
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Foreign Languages Spoken

Spanish

56.0%

French

11.9%

Portuguese

3.6%

German

3.6%

Chinese

2.4%

Persian

2.4%

Japanese

2.4%

Dari

2.4%

Russian

2.4%

Hebrew

1.2%

Italian

1.2%

Ilocano

1.2%

Mandarin

1.2%

Carrier

1.2%

Armenian

1.2%

Tagalog

1.2%

Arabic

1.2%

Navajo

1.2%

Cantonese

1.2%

Hindi

1.2%
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Claims Coordinator Education

Schools

University of Phoenix

31.5%

Strayer University

7.0%

Miami Dade College

6.0%

Kaplan University

5.0%

Ashford University

4.5%

West Chester University of Pennsylvania

4.0%

Northern Illinois University

4.0%

Arizona State University

3.5%

Virginia Commonwealth University

3.5%

Ohio State University

3.5%

University of South Florida

3.0%

New York University

3.0%

Kean University

3.0%

Kent State University

3.0%

American InterContinental University

3.0%

National University

2.5%

University of North Texas

2.5%

Tennessee State University

2.5%

Community College of Philadelphia

2.5%

Glendale Community College

2.5%
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Majors

Business

34.4%

Health Care Administration

8.8%

Accounting

6.6%

Psychology

4.9%

Legal Support Services

4.3%

Criminal Justice

3.8%

Management

3.6%

Nursing

3.2%

Medical Assisting Services

3.1%

Communication

3.0%

General Studies

2.9%

Education

2.8%

Insurance

2.8%

Political Science

2.6%

Human Resources Management

2.4%

Liberal Arts

2.3%

Computer Information Systems

2.3%

Computer Science

2.2%

Finance

2.0%

Sociology

2.0%
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Degrees

Bachelors

37.0%

Other

26.9%

Associate

14.7%

Masters

10.1%

Certificate

8.1%

Diploma

1.4%

Doctorate

1.2%

License

0.6%
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