Insurance auditor vs lead auditor

The differences between insurance auditors and lead auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a lead auditor has an average salary of $85,352, 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 a lead auditor are ISO, medicare, and management system.

Insurance auditor vs lead auditor overview

	Insurance Auditor	Lead Auditor
Yearly salary	$49,477	$85,352
Hourly rate	$23.79	$41.03
Growth rate	6%	6%
Number of jobs	54,042	20,504
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 53%	Bachelor's Degree, 58%
Average age	44	44
Years of experience	-	-

Insurance auditor vs lead auditor salary

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

	Insurance Auditor	Lead Auditor
Average salary	$49,477	$85,352
Salary range	Between $28,000 And $84,000	Between $62,000 And $115,000
Highest paying City	-	New York, NY
Highest paying state	-	New York
Best paying company	-	Meta
Best paying industry	-	Professional

Differences between insurance auditor and lead auditor education

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

	Insurance Auditor	Lead Auditor
Most common degree	Bachelor's Degree, 53%	Bachelor's Degree, 58%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Insurance auditor vs lead auditor demographics

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

	Insurance Auditor	Lead Auditor
Average age	44	44
Gender ratio	Male, 36.0% Female, 64.0%	Male, 57.9% Female, 42.1%
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, 8.7% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 12.2% White, 63.7% American Indian and Alaska Native, 0.5%
LGBT Percentage	7%	7%

Differences between insurance auditor and lead 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.

Lead auditor example responsibilities.

Manage the SOX business process implementation, execution and improvement initiatives.
Work with department analyst to create measurement tools and methods for communicating results and managing QA analysis in compiling/reporting results.
Enhance Sarbanes-Oxley (SOX) audit templates to provide standardization and structure that reflect current best practices while maximizing productivity.
Work the RMEI/RMAU reports regularly for various Medicare account types.
Develop exact specifications to determine why claims are not paid in accordance with specific DME Medicare guidelines.
Conduct surveillance and assessment of manufacturing firms, industries and companies to ensure that these systems comply with ISO standards.

Insurance auditor vs lead auditor skills

Common insurance auditor skills

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

Common lead auditor skills

ISO, 16%
Medicare, 10%
Management System, 6%
Audit Reports, 5%
Corrective Action, 5%
Internal Controls, 4%