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Insurance auditor vs revenue auditor

The differences between insurance auditors and revenue auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, an insurance auditor has an average salary of $49,477, which is higher than the $41,905 average annual salary of a revenue auditor.

The top three skills for an insurance auditor include workers compensation, general liability policies and ISO. The most important skills for a revenue auditor are revenue audit, CPT, and audit procedures.

Insurance auditor vs revenue auditor overview

Insurance AuditorRevenue Auditor
Yearly salary$49,477$41,905
Hourly rate$23.79$20.15
Growth rate6%6%
Number of jobs54,04221,643
Job satisfaction--
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 53%
Average age4444
Years of experience--

Insurance auditor vs revenue auditor salary

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

Insurance AuditorRevenue Auditor
Average salary$49,477$41,905
Salary rangeBetween $28,000 And $84,000Between $26,000 And $66,000
Highest paying City-Olympia, WA
Highest paying state-Washington
Best paying company-Huntington Hospital
Best paying industry-Retail

Differences between insurance auditor and revenue auditor education

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

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

Insurance auditor vs revenue auditor demographics

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

Insurance AuditorRevenue Auditor
Average age4444
Gender ratioMale, 36.0% Female, 64.0%Male, 39.4% Female, 60.6%
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, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 12.2% White, 64.0% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between insurance auditor and revenue 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.
  • Show more

Revenue auditor example responsibilities.

  • Work with department analyst to create measurement tools and methods for communicating results and managing QA analysis in compiling/reporting results.
  • Respond both written and oral to taxpayer's appeals regardingadjustments and assessments to their income tax returns and/or estimate tax accounts.
  • Work with revenue integrity, case management, and coding to ensure proper billing and appeals.
  • Perform audits on hospitals participating in Medicaid program to ensure the hospitals are reimburse properly for services render to Medicaid beneficiaries.
  • Develop user documentation, including SAAS reference manuals and training material.

Insurance auditor vs revenue auditor skills

Common insurance auditor skills
  • Workers Compensation, 13%
  • General Liability Policies, 7%
  • ISO, 6%
  • Audit Reports, 6%
  • Ncci, 5%
  • Customer Service, 5%
Common revenue auditor skills
  • Revenue Audit, 19%
  • CPT, 7%
  • Audit Procedures, 5%
  • Data Entry, 5%
  • Appeals, 4%
  • Financial Statements, 4%

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