Insurance auditor vs account auditor

The differences between insurance auditors and account auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, an account auditor has an average salary of $76,369, which is higher than the $49,477 average annual salary of an insurance auditor.

The top three skills for an insurance auditor include workers compensation, general liability policies and ISO. The most important skills for an account auditor are audit reports, reconciliations, and CPA.

Insurance auditor vs account auditor overview

	Insurance Auditor	Account Auditor
Yearly salary	$49,477	$76,369
Hourly rate	$23.79	$36.72
Growth rate	6%	6%
Number of jobs	54,042	89,144
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 53%	Bachelor's Degree, 68%
Average age	44	44
Years of experience	-	-

Insurance auditor vs account auditor salary

Insurance auditors and account auditors have different pay scales, as shown below.

	Insurance Auditor	Account Auditor
Average salary	$49,477	$76,369
Salary range	Between $28,000 And $84,000	Between $53,000 And $109,000
Highest paying City	-	Washington, DC
Highest paying state	-	New York
Best paying company	-	Apple
Best paying industry	-	Professional

Differences between insurance auditor and account auditor education

There are a few differences between an insurance auditor and an account auditor in terms of educational background:

	Insurance Auditor	Account Auditor
Most common degree	Bachelor's Degree, 53%	Bachelor's Degree, 68%
Most common major	Business	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Insurance auditor vs account auditor demographics

Here are the differences between insurance auditors' and account auditors' demographics:

	Insurance Auditor	Account Auditor
Average age	44	44
Gender ratio	Male, 36.0% Female, 64.0%	Male, 39.6% Female, 60.4%
Race ratio	Black or African American, 8.9% Unknown, 4.0% Hispanic or Latino, 11.2% Asian, 12.1% White, 63.4% American Indian and Alaska Native, 0.5%	Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 12.2% White, 64.0% American Indian and Alaska Native, 0.5%
LGBT Percentage	7%	7%

Differences between insurance auditor and account auditor duties and responsibilities

Insurance auditor example responsibilities.

Manage the collection, analysis and verification of managerial payroll information to detect fraud and/or unethical practices.
Prepare the audit report as prescribed by the insurance company within the time allow and within NCCI and ISO rules.
Modify claim files upon customer request using proprietary software under strict HIPAA guidelines.
Provide contract audit services to monitor the field sales force compliance with internal policies on promotional spending on healthcare providers.
Audit paperwork to ensure products are produced within company and FDA specification.
Develop and implement the recovery audit program for post-payment audit of dental Medicaid programs.

Account auditor example responsibilities.

Ensure all working files and relate supporting documents meet SOX compliance and audit trail requirement
Work in a small team, ensure SOX compliance and GAAP/SEC/FASB reporting guidelines are adhered to.
Perform monthly accounting services, prepare quarterly/yearly payroll tax reports.
Administer processing of payroll and compliance with federal/state tax reporting requirements.
Review and analyze Medicaid cost report data to determine Medicaid reimbursement.
Verify accounts and prepares statements for private pay residents and Medicaid long-term care eligibility.

Insurance auditor vs account auditor skills

Common insurance auditor skills

Workers Compensation, 13%
General Liability Policies, 7%
ISO, 6%
Audit Reports, 6%
Ncci, 5%
Customer Service, 5%

Common account auditor skills

Audit Reports, 19%
Reconciliations, 6%
CPA, 6%
Internal Controls, 6%
Audit Procedures, 6%
Payroll, 5%