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Insurance auditor vs senior internal auditor

The differences between insurance auditors and senior internal auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior internal auditor has an average salary of $80,920, 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 senior internal auditor are internal audit, process improvement, and compliance audits.

Insurance auditor vs senior internal auditor overview

Insurance AuditorSenior Internal Auditor
Yearly salary$49,477$80,920
Hourly rate$23.79$38.90
Growth rate6%6%
Number of jobs54,04224,545
Job satisfaction--
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 78%
Average age4444
Years of experience--

Insurance auditor vs senior internal auditor salary

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

Insurance AuditorSenior Internal Auditor
Average salary$49,477$80,920
Salary rangeBetween $28,000 And $84,000Between $62,000 And $105,000
Highest paying City-San Francisco, CA
Highest paying state-California
Best paying company-Netflix
Best paying industry-Finance

Differences between insurance auditor and senior internal auditor education

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

Insurance AuditorSenior Internal Auditor
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 78%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Insurance auditor vs senior internal auditor demographics

Here are the differences between insurance auditors' and senior internal auditors' demographics:

Insurance AuditorSenior Internal Auditor
Average age4444
Gender ratioMale, 36.0% Female, 64.0%Male, 61.4% Female, 38.6%
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, 8.6% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 12.3% White, 63.7% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between insurance auditor and senior internal 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

Senior internal auditor example responsibilities.

  • Schedule, plan, conduct fieldwork and report writing of audits using a COSO base audit methodology managing staff on audits.
  • Manage and coordinate annual external business evaluation in conjunction with CPA consultants.
  • Conduct audit reviews, document business processes, and evaluate internal controls base on Sarbanes-Oxley good governance standards and policies.
  • Execute or review Sarbanes-Oxley internal controls testing for various business processes and evaluate business systems to determine their efficiency and effectiveness
  • Enhance work paper standards according to IIA framework.
  • Confirm that internal controls are properly map to financial statement assertions to ensure that all COSO assertions are met.
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Insurance auditor vs senior internal auditor skills

Common insurance auditor skills
  • Workers Compensation, 13%
  • General Liability Policies, 7%
  • ISO, 6%
  • Audit Reports, 6%
  • Ncci, 5%
  • Customer Service, 5%
Common senior internal auditor skills
  • Internal Audit, 12%
  • Process Improvement, 8%
  • Compliance Audits, 7%
  • SOX, 5%
  • Audit Reports, 4%
  • Risk Management, 4%

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