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The differences between insurance assistants and insurance claims processors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an insurance assistant and an insurance claims processor. Additionally, an insurance claims processor has an average salary of $37,151, which is higher than the $35,308 average annual salary of an insurance assistant.
The top three skills for an insurance assistant include endorsements, data entry and customer service. The most important skills for an insurance claims processor are data entry, customer service, and medicaid.
| Insurance Assistant | Insurance Claims Processor | |
| Yearly salary | $35,308 | $37,151 |
| Hourly rate | $16.98 | $17.86 |
| Growth rate | -3% | -3% |
| Number of jobs | 34,579 | 48,777 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 45% | Bachelor's Degree, 30% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
Insurance assistants work alongside insurance agents to gather information from clients, maintain insurance records, prepare documentation, handle mail and correspondence, calculate insurance premiums and awards, and recommend claim actions. Qualifications like good communication and negotiation skills, customer service orientation, research skills, and attention to detail are required for this position.
A claims processor usually works in health or property insurance claims. They are responsible for processing and evaluating the claim forms, monitoring and verifying information, and closely communicating with the company's clients, beneficiaries, and agents. Also, they handle queries and comments, calculate possible claims, and process of various payments. They also need to ensure all insurance company guidelines and policies are adhered to in order to avoid discrepancies, issues, and other problems regarding a client's claims.
Insurance assistants and insurance claims processors have different pay scales, as shown below.
| Insurance Assistant | Insurance Claims Processor | |
| Average salary | $35,308 | $37,151 |
| Salary range | Between $29,000 And $42,000 | Between $30,000 And $45,000 |
| Highest paying City | - | Eden Prairie, MN |
| Highest paying state | - | Connecticut |
| Best paying company | - | Accenture |
| Best paying industry | - | Insurance |
There are a few differences between an insurance assistant and an insurance claims processor in terms of educational background:
| Insurance Assistant | Insurance Claims Processor | |
| Most common degree | Bachelor's Degree, 45% | Bachelor's Degree, 30% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between insurance assistants' and insurance claims processors' demographics:
| Insurance Assistant | Insurance Claims Processor | |
| Average age | 44 | 44 |
| Gender ratio | Male, 18.8% Female, 81.2% | Male, 20.3% Female, 79.7% |
| Race ratio | Black or African American, 13.8% Unknown, 4.3% Hispanic or Latino, 14.4% Asian, 3.9% White, 63.2% American Indian and Alaska Native, 0.5% | Black or African American, 13.8% Unknown, 4.3% Hispanic or Latino, 14.4% Asian, 3.9% White, 63.2% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 11% | 11% |