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The differences between insurance claims processors and claims clerks can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an insurance claims processor and a claims clerk. Additionally, an insurance claims processor has an average salary of $37,151, which is higher than the $32,815 average annual salary of a claims clerk.
The top three skills for an insurance claims processor include data entry, customer service and medicaid. The most important skills for a claims clerk are data entry, customer service, and clerical support.
| Insurance Claims Processor | Claims Clerk | |
| Yearly salary | $37,151 | $32,815 |
| Hourly rate | $17.86 | $15.78 |
| Growth rate | -3% | -3% |
| Number of jobs | 48,777 | 78,588 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 30% | Bachelor's Degree, 31% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A claims processor usually works in health or property insurance claims. They are responsible for processing and evaluating the claim forms, monitoring and verifying information, and closely communicating with the company's clients, beneficiaries, and agents. Also, they handle queries and comments, calculate possible claims, and process of various payments. They also need to ensure all insurance company guidelines and policies are adhered to in order to avoid discrepancies, issues, and other problems regarding a client's claims.
Claims clerks review the forms and documents for insurance claims to check for missing information and attachments. The data they obtain is entered into their database for safekeeping and quick retrieval. They should know the answers to their clients' questions about the regulations, policies, and procedures covered by their insurance policy. These clerks prepare documents that their agents use to present to their clients. When working for this position, a person must have the ability to communicate well and be familiar with computer applications.
Insurance claims processors and claims clerks have different pay scales, as shown below.
| Insurance Claims Processor | Claims Clerk | |
| Average salary | $37,151 | $32,815 |
| Salary range | Between $30,000 And $45,000 | Between $27,000 And $39,000 |
| Highest paying City | Eden Prairie, MN | - |
| Highest paying state | Connecticut | - |
| Best paying company | Accenture | - |
| Best paying industry | Insurance | - |
There are a few differences between an insurance claims processor and a claims clerk in terms of educational background:
| Insurance Claims Processor | Claims Clerk | |
| Most common degree | Bachelor's Degree, 30% | Bachelor's Degree, 31% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between insurance claims processors' and claims clerks' demographics:
| Insurance Claims Processor | Claims Clerk | |
| Average age | 44 | 44 |
| Gender ratio | Male, 20.3% Female, 79.7% | Male, 17.5% Female, 82.5% |
| Race ratio | Black or African American, 13.8% Unknown, 4.3% Hispanic or Latino, 14.4% Asian, 3.9% White, 63.2% American Indian and Alaska Native, 0.5% | Black or African American, 13.8% Unknown, 4.3% Hispanic or Latino, 14.4% Asian, 3.9% White, 63.2% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 11% | 11% |