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The differences between claims coordinators and insurance processors 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 coordinator, becoming an insurance processor takes usually requires 2-4 years. Additionally, a claims coordinator has an average salary of $38,620, which is higher than the $33,041 average annual salary of an insurance processor.
The top three skills for a claims coordinator include customer service, patients and data entry. The most important skills for an insurance processor are data entry, customer service, and phone calls.
| Claims Coordinator | Insurance Processor | |
| Yearly salary | $38,620 | $33,041 |
| Hourly rate | $18.57 | $15.89 |
| Growth rate | -6% | -3% |
| Number of jobs | 27,332 | 50,523 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 48% | Bachelor's Degree, 33% |
| Average age | 44 | 44 |
| Years of experience | 6 | 4 |
Claims coordinators are professionals who are responsible for coordinating activities that are related to handling and processing insurance claims for an organization. These coordinators must serve as liaison officer between the organization, insurance provider, and policyholders to communicate the status and eligibility for coverage for all relevant claims. They need to ensure that billing requirements are met by reviewing insurance claims. Claims coordinators must also answer all the inquiries of their clients while making recommendations to resolve any claim issues.
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 coordinators and insurance processors have different pay scales, as shown below.
| Claims Coordinator | Insurance Processor | |
| Average salary | $38,620 | $33,041 |
| Salary range | Between $31,000 And $47,000 | Between $28,000 And $38,000 |
| Highest paying City | Federal Way, WA | Leawood, KS |
| Highest paying state | New Jersey | Connecticut |
| Best paying company | Xcel Energy | Moore County Hospital District |
| Best paying industry | Finance | Finance |
There are a few differences between a claims coordinator and an insurance processor in terms of educational background:
| Claims Coordinator | 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 coordinators' and insurance processors' demographics:
| Claims Coordinator | Insurance Processor | |
| Average age | 44 | 44 |
| Gender ratio | Male, 24.6% Female, 75.4% | Male, 16.3% Female, 83.7% |
| Race ratio | Black or African American, 11.2% Unknown, 4.4% Hispanic or Latino, 17.0% Asian, 5.3% White, 61.6% 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 | 10% | 11% |