Insurance analyst vs certified medical technician

The differences between insurance analysts and certified medical technicians can be seen in a few details. Each job has different responsibilities and duties. Additionally, an insurance analyst has an average salary of $55,424, which is higher than the $38,859 average annual salary of a certified medical technician.

The top three skills for an insurance analyst include insurance coverage, insurance policies and life insurance. The most important skills for a certified medical technician are patients, vital signs, and CPR.

Insurance analyst vs certified medical technician overview

	Insurance Analyst	Certified Medical Technician
Yearly salary	$55,424	$38,859
Hourly rate	$26.65	$18.68
Growth rate	-4%	5%
Number of jobs	44,280	164,424
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 58%	Bachelor's Degree, 28%
Average age	44	44
Years of experience	-	12

What does an insurance analyst do?

An insurance analyst provides analytical services to maintain an efficient workflow at insurance companies. They are typically in charge of evaluating insurance policies to identify possible risks for the policyholder and the company, validating client information, and reviewing insurance applications to ensure their accuracy. They may meet with clients to answer inquiries, make arrangements, and advise which policies suit them the best. Moreover, an insurance analyst may process policy renewals and amendments, maintain records, perform cancellations, and investigate claims while adhering to the company's policies and regulations.

What does a certified medical technician do?

Certified Medical Technicians are specialists in medical diagnoses by performing laboratory testing and analysis for hospitals and physicians. Their duties include lab sanitization to prepare for testing and collection, recording medical samples for testing, specimen preparation, blood drawing for donation and testing, and assisting physicians with sample collection as well as equipment handling in surgical rooms. They must also understand how to use complex and sensitive testing equipment such as cell counters, analyzers, microscopes, and centrifuges.

Insurance analyst vs certified medical technician salary

Insurance analysts and certified medical technicians have different pay scales, as shown below.

	Insurance Analyst	Certified Medical Technician
Average salary	$55,424	$38,859
Salary range	Between $34,000 And $88,000	Between $28,000 And $53,000
Highest paying City	San Francisco, CA	Denton, TX
Highest paying state	California	Alaska
Best paying company	Credit Karma	Favorite Healthcare Staffing
Best paying industry	-	Health Care

Differences between insurance analyst and certified medical technician education

There are a few differences between an insurance analyst and a certified medical technician in terms of educational background:

	Insurance Analyst	Certified Medical Technician
Most common degree	Bachelor's Degree, 58%	Bachelor's Degree, 28%
Most common major	Business	Nursing
Most common college	University of Pennsylvania	University of Connecticut

Insurance analyst vs certified medical technician demographics

Here are the differences between insurance analysts' and certified medical technicians' demographics:

	Insurance Analyst	Certified Medical Technician
Average age	44	44
Gender ratio	Male, 28.7% Female, 71.3%	Male, 20.4% Female, 79.6%
Race ratio	Black or African American, 11.1% Unknown, 2.4% Hispanic or Latino, 9.0% Asian, 5.4% White, 71.7% American Indian and Alaska Native, 0.4%	Black or African American, 15.9% Unknown, 5.0% Hispanic or Latino, 14.6% Asian, 10.0% White, 53.8% American Indian and Alaska Native, 0.8%
LGBT Percentage	9%	8%

Differences between insurance analyst and certified medical technician duties and responsibilities

Insurance analyst example responsibilities.

Cold-Cal to generate leads for individual life and disability insurance and annuities.
Organize and examine medical records for physical therapy clinics for patients, attorneys and disability insurance claims.
Verify insurance benefits for specialty medications cover under both pharmacy and major medical benefits and communicate coverage to patients and physicians.
Prepare project kickoff PowerPoint presentation for client site visits.
Review retail and wholesale files to submit to FHA for HUD insuring.
Provide supporting documentation and reconciliation reports for monthly close and billing using GAAP.

Certified medical technician example responsibilities.

Maintain the cleanliness of storage areas, trays, centrifuges, refrigerators, freezers and work area.
Administer medications to patients according to their medication record as scheduled, as needed according to physician orders.
Perform laboratory test and procedures in areas including chemistry, hematology, urinalysis, coagulation, serology, and bacteriology.
Perform first aid and apply CPR when necessary.
Perform first aid or CPR during medical emergencies until paramedics arrive.
Assist the residents in their ADL needs and prepare their meals.

Insurance analyst vs certified medical technician skills

Common insurance analyst skills

Insurance Coverage, 11%
Insurance Policies, 8%
Life Insurance, 6%
Patients, 5%
Health Insurance, 5%
PowerPoint, 5%

Common certified medical technician skills

Patients, 17%
Vital Signs, 12%
CPR, 8%
Administer Medications, 7%
Resident Care, 6%
HIPAA, 6%

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Insurance Analyst vs Certified Medical Technician

Updated January 8, 2025

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