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Freight rate analyst vs billing and insurance coordinator

The differences between freight rate analysts and billing and insurance coordinators can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a freight rate analyst and a billing and insurance coordinator. Additionally, a freight rate analyst has an average salary of $56,902, which is higher than the $41,141 average annual salary of a billing and insurance coordinator.

The top three skills for a freight rate analyst include freight invoices, freight payment and TMS. The most important skills for a billing and insurance coordinator are patients, customer service, and data entry.

Freight rate analyst vs billing and insurance coordinator overview

Freight Rate AnalystBilling And Insurance Coordinator
Yearly salary$56,902$41,141
Hourly rate$27.36$19.78
Growth rate-3%-3%
Number of jobs7,71067,385
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 41%
Average age4646
Years of experience22

Freight rate analyst vs billing and insurance coordinator salary

Freight rate analysts and billing and insurance coordinators have different pay scales, as shown below.

Freight Rate AnalystBilling And Insurance Coordinator
Average salary$56,902$41,141
Salary rangeBetween $33,000 And $97,000Between $27,000 And $60,000
Highest paying CityNewton, MAWashington, DC
Highest paying stateAlaskaMaryland
Best paying companyCass Information SystemsKane Russell Coleman Logan
Best paying industryEnergyProfessional

Differences between freight rate analyst and billing and insurance coordinator education

There are a few differences between a freight rate analyst and a billing and insurance coordinator in terms of educational background:

Freight Rate AnalystBilling And Insurance Coordinator
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 41%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Freight rate analyst vs billing and insurance coordinator demographics

Here are the differences between freight rate analysts' and billing and insurance coordinators' demographics:

Freight Rate AnalystBilling And Insurance Coordinator
Average age4646
Gender ratioMale, 47.2% Female, 52.8%Male, 15.4% Female, 84.6%
Race ratioBlack or African American, 11.4% Unknown, 4.3% Hispanic or Latino, 15.1% Asian, 8.5% White, 59.8% American Indian and Alaska Native, 0.9%Black or African American, 10.7% Unknown, 4.3% Hispanic or Latino, 21.6% Asian, 6.8% White, 55.9% American Indian and Alaska Native, 0.8%
LGBT Percentage7%7%

Differences between freight rate analyst and billing and insurance coordinator duties and responsibilities

Freight rate analyst example responsibilities.

  • Manage the account by performing detail cost/benefit analysis and WMS analysis.
  • Devise negotiation method LTL mixer loads from multiple suppliers.
  • Work on international accounts pertaining to ISO containers, TL, LTL and other modes of transportation.
  • Utilize industrial logistics and strong interpersonal communication skills to develop new business, increase current business, and renew existing contracts.
  • Coordinate with freight forwarders expediting international shipments.

Billing and insurance coordinator example responsibilities.

  • Develop a database to maintain/update all manage care, Medicare and Medicaid fee schedules for accessibility by physicians and administrators.
  • Look up for ICD-9 codes charges on a daily basic to verify that physicians post charges.
  • Enter new and verify insurance information, putting in ICD-9 codes, correcting location and too late to bill.
  • Instruct and supervise support staff in accurate CPT and ICD9 coding for the oncology department of a large medical clinic.
  • Research and resubmitted reject claims with correct diagnosis, CPT codes and erroneous demographics for deny charges to insurances for reprocessing.
  • Maintain strict patient confidentiality and adhere to HIPAA guidelines/regulations.
  • Show more

Freight rate analyst vs billing and insurance coordinator skills

Common freight rate analyst skills
  • Freight Invoices, 17%
  • Freight Payment, 14%
  • TMS, 13%
  • Accruals, 7%
  • Freight Costs, 5%
  • Payment System, 4%
Common billing and insurance coordinator skills
  • Patients, 16%
  • Customer Service, 12%
  • Data Entry, 7%
  • Billing System, 4%
  • Billing Issues, 4%
  • Medical Billing, 3%

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