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Insurance auditor vs associate auditor

The differences between insurance auditors and associate auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, an associate auditor has an average salary of $56,973, 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 associate auditor are internal controls, financial services, and internal audit.

Insurance auditor vs associate auditor overview

Insurance AuditorAssociate Auditor
Yearly salary$49,477$56,973
Hourly rate$23.79$27.39
Growth rate6%6%
Number of jobs54,04220,192
Job satisfaction--
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 72%
Average age4444
Years of experience--

Insurance auditor vs associate auditor salary

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

Insurance AuditorAssociate Auditor
Average salary$49,477$56,973
Salary rangeBetween $28,000 And $84,000Between $44,000 And $72,000
Highest paying City-Washington, DC
Highest paying state-New York
Best paying company-Santander Private Banking International
Best paying industry-Finance

Differences between insurance auditor and associate auditor education

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

Insurance AuditorAssociate Auditor
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 72%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Insurance auditor vs associate auditor demographics

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

Insurance AuditorAssociate Auditor
Average age4444
Gender ratioMale, 36.0% Female, 64.0%Male, 51.0% Female, 49.0%
Race ratioBlack 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, 7.6% Unknown, 3.9% Hispanic or Latino, 9.9% Asian, 18.5% White, 59.6% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between insurance auditor and associate 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.
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Associate auditor example responsibilities.

  • Manage accounts payable/receivable/inventory, payroll, selling and administrative expense, owner s equity and cash accounts.
  • Manage accounting operations, accounting close, account reporting and reconciliations for internal corporate and bank transactions.
  • Review simple visit coding of HCPCS, ICD, and CPT codes to ensure coding compliance.
  • Provide education to linear departments base on payer bulletins and CMS guidelines via updates receive from Novitas.
  • Prepare the charge master to reflect all charges for all departments by applying the appropriate HCPCS and CPT codes.
  • Travel to various locations outside of normal business commute for audits, site visits, quarterly reviews, and SOX testing.
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Insurance auditor vs associate auditor skills

Common insurance auditor skills
  • Workers Compensation, 13%
  • General Liability Policies, 7%
  • ISO, 6%
  • Audit Reports, 6%
  • Ncci, 5%
  • Customer Service, 5%
Common associate auditor skills
  • Internal Controls, 15%
  • Financial Services, 5%
  • Internal Audit, 5%
  • Audit Procedures, 5%
  • Audit Engagements, 5%
  • Risk Assessments, 4%

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