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Group insurance specialist vs health insurance agent

The differences between group insurance specialists and health insurance agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a group insurance specialist has an average salary of $78,050, which is higher than the $49,934 average annual salary of a health insurance agent.

The top three skills for a group insurance specialist include invoice, life insurance and group insurance. The most important skills for a health insurance agent are HIPAA, health insurance, and customer service.

Group insurance specialist vs health insurance agent overview

Group Insurance SpecialistHealth Insurance Agent
Yearly salary$78,050$49,934
Hourly rate$37.52$24.01
Growth rate6%6%
Number of jobs45,629112,235
Job satisfaction--
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 50%
Average age4646
Years of experience--

Group insurance specialist vs health insurance agent salary

Group insurance specialists and health insurance agents have different pay scales, as shown below.

Group Insurance SpecialistHealth Insurance Agent
Average salary$78,050$49,934
Salary rangeBetween $63,000 And $96,000Between $34,000 And $72,000
Highest paying City-Tacoma, WA
Highest paying state-Alaska
Best paying company-DialAmerica
Best paying industry-Finance

Differences between group insurance specialist and health insurance agent education

There are a few differences between a group insurance specialist and a health insurance agent in terms of educational background:

Group Insurance SpecialistHealth Insurance Agent
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 50%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Group insurance specialist vs health insurance agent demographics

Here are the differences between group insurance specialists' and health insurance agents' demographics:

Group Insurance SpecialistHealth Insurance Agent
Average age4646
Gender ratioMale, 35.0% Female, 65.0%Male, 43.5% Female, 56.5%
Race ratioBlack or African American, 9.3% Unknown, 3.6% Hispanic or Latino, 15.9% Asian, 4.9% White, 66.2% American Indian and Alaska Native, 0.1%Black or African American, 9.2% Unknown, 3.6% Hispanic or Latino, 15.8% Asian, 4.9% White, 66.5% American Indian and Alaska Native, 0.1%
LGBT Percentage7%7%

Differences between group insurance specialist and health insurance agent duties and responsibilities

Group insurance specialist example responsibilities.

  • Manage communication points between corporate advisers, providers and patients for medical service advisory requests.
  • Provide unparallele brokerage services, specifically focusing on a thorough analysis of business risk and comprehensive options for clients.
  • Process new and renewing business utilizing the BlueStar membership system.

Health insurance agent example responsibilities.

  • Manage communication points between corporate advisers, providers and patients for medical service advisory requests.
  • Sold/Enrol individuals in ACA health plans over the phone by making cold calls on a daily basses.
  • Explain healthcare benefits cover by major insurance carriers under the ACA.
  • Post CPT codes and ICD-9 codes for every patient at check-out.
  • Verify clients' eligibility and check clients' status within CMS and UHC system.
  • Initiate appeals process on behalf of members, and assist with online web portal services.
  • Show more

Group insurance specialist vs health insurance agent skills

Common group insurance specialist skills
  • Invoice, 57%
  • Life Insurance, 8%
  • Group Insurance, 7%
  • Customer Calls, 4%
  • Mental Health, 4%
  • Group Therapy, 3%
Common health insurance agent skills
  • HIPAA, 57%
  • Health Insurance, 11%
  • Customer Service, 8%
  • Health Insurance Products, 3%
  • Health Insurance Sales, 2%
  • Inbound Calls, 2%