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Contract processor vs statistical typist

The differences between contract processors and statistical typists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a contract processor and a statistical typist. Additionally, a statistical typist has an average salary of $44,646, which is higher than the $35,234 average annual salary of a contract processor.

The top three skills for a contract processor include data entry, computer system and contract data. The most important skills for a statistical typist are financial statements, word processing, and scheduling appointments.

Contract processor vs statistical typist overview

Contract ProcessorStatistical Typist
Yearly salary$35,234$44,646
Hourly rate$16.94$21.46
Growth rate-3%-5%
Number of jobs13,996627
Job satisfaction--
Most common degreeBachelor's Degree, 45%High School Diploma, 33%
Average age5050
Years of experience1212

Contract processor vs statistical typist salary

Contract processors and statistical typists have different pay scales, as shown below.

Contract ProcessorStatistical Typist
Average salary$35,234$44,646
Salary rangeBetween $27,000 And $45,000Between $30,000 And $65,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between contract processor and statistical typist education

There are a few differences between a contract processor and a statistical typist in terms of educational background:

Contract ProcessorStatistical Typist
Most common degreeBachelor's Degree, 45%High School Diploma, 33%
Most common majorBusinessBusiness
Most common college--

Contract processor vs statistical typist demographics

Here are the differences between contract processors' and statistical typists' demographics:

Contract ProcessorStatistical Typist
Average age5050
Gender ratioMale, 28.2% Female, 71.8%Male, 6.0% Female, 94.0%
Race ratioBlack or African American, 6.7% Unknown, 4.5% Hispanic or Latino, 10.7% Asian, 4.7% White, 72.3% American Indian and Alaska Native, 1.1%Black or African American, 6.7% Unknown, 4.5% Hispanic or Latino, 10.7% Asian, 4.7% White, 72.3% American Indian and Alaska Native, 1.1%
LGBT Percentage7%7%

Differences between contract processor and statistical typist duties and responsibilities

Contract processor example responsibilities.

  • Coach fellow team members to help attain higher QA and assist with CANDE questions to ensure efficiency.
  • Process FHA, VA and CONV.
  • Process and pre-underwrite FHA and conventional loans.
  • Schedule closings and review final HUD report and any adverse compliance action.
  • Recognize for being proficient in thinking outside the box for satisfactory documentation to clear underwriting conditions and RESPA regulations.
  • Respond to mortgage lenders and taxing agency jurisdictions by utilizing effective verbal and written communication in a prompt and accurate manner.
  • Show more

Statistical typist example responsibilities.

  • Assist CPA's in every aspect of their work for both audit and tax.
  • Type medical letters via dictation machine, copy and send to patient's primary physicians.
  • complete high volume typing projects for various large companies, prepare PowerPoint presentations, organize data into a presentable format
  • Type and proofread correspondence for designate staff members, and verify eligibility of Medicaid clients.
  • Answer phones with the ability to provide accurate information and education on the communicability and disease process of tuberculosis.

Contract processor vs statistical typist skills

Common contract processor skills
  • Data Entry, 24%
  • Computer System, 14%
  • Contract Data, 9%
  • Process Contracts, 9%
  • Customer Issues, 7%
  • Financial Transactions, 6%
Common statistical typist skills
  • Financial Statements, 54%
  • Word Processing, 17%
  • Scheduling Appointments, 15%
  • Audit Reports, 13%

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