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Freight rate analyst vs billing specialist

The differences between freight rate analysts and billing specialists 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 specialist. Additionally, a freight rate analyst has an average salary of $56,902, which is higher than the $35,624 average annual salary of a billing specialist.

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

Freight rate analyst vs billing specialist overview

Freight Rate AnalystBilling Specialist
Yearly salary$56,902$35,624
Hourly rate$27.36$17.13
Growth rate-3%-3%
Number of jobs7,71055,205
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 31%
Average age4646
Years of experience22

Freight rate analyst vs billing specialist salary

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

Freight Rate AnalystBilling Specialist
Average salary$56,902$35,624
Salary rangeBetween $33,000 And $97,000Between $27,000 And $45,000
Highest paying CityNewton, MAWashington, DC
Highest paying stateAlaskaDelaware
Best paying companyCass Information SystemsTIBCO Software
Best paying industryEnergyManufacturing

Differences between freight rate analyst and billing specialist education

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

Freight Rate AnalystBilling Specialist
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 31%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Freight rate analyst vs billing specialist demographics

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

Freight Rate AnalystBilling Specialist
Average age4646
Gender ratioMale, 47.2% Female, 52.8%Male, 12.7% Female, 87.3%
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, 10.9% Unknown, 4.4% Hispanic or Latino, 19.2% Asian, 7.4% White, 57.3% American Indian and Alaska Native, 0.9%
LGBT Percentage7%7%

Differences between freight rate analyst and billing specialist 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 specialist example responsibilities.

  • Use of QuickBooks to manage vendors' accounts, set up filing system to maintain files and supporting billing documents.
  • Manage the daily correspondence with keeping doctor/patient confidentiality under consideration along with HIPPA regulations.
  • Use independent judgment, manage and impart confidential information appropriately per HIPAA regulations and company requirements.
  • Accept and process healthcare claims and confidential medical records; verify patient eligibility and manage the Medicare and Medicaid billing process.
  • Provide additional information/clarification for insurance claims using knowledge of CPT, ICD-9, and HCPCS codes, as well as modifiers.
  • Assist staff with proper billing for patients, ensure proper coding using ICD-10, ICD-9 and CPT-4 coding.
  • Show more

Freight rate analyst vs billing specialist skills

Common freight rate analyst skills
  • Freight Invoices, 17%
  • Freight Payment, 14%
  • TMS, 13%
  • Accruals, 7%
  • Freight Costs, 5%
  • Payment System, 4%
Common billing specialist skills
  • Patients, 16%
  • Customer Service, 10%
  • Data Entry, 9%
  • Medical Billing, 7%
  • Medicaid, 6%
  • CPT, 3%

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