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Insurance follow up representative vs insurance producer

The differences between insurance follow up representatives and insurance producers can be seen in a few details. Each job has different responsibilities and duties. Additionally, an insurance producer has an average salary of $65,112, which is higher than the $33,022 average annual salary of an insurance follow up representative.

The top three skills for an insurance follow up representative include patients, customer service and medical billing. The most important skills for an insurance producer are casualty insurance, customer service, and develop leads.

Insurance follow up representative vs insurance producer overview

Insurance Follow Up RepresentativeInsurance Producer
Yearly salary$33,022$65,112
Hourly rate$15.88$31.30
Growth rate6%6%
Number of jobs57,03444,922
Job satisfaction5-
Most common degreeAssociate Degree, 28%Bachelor's Degree, 53%
Average age4646
Years of experience--

What does an insurance follow up representative do?

Insurance Follow Up Representatives are responsible for processing and bringing claim resolution to outstanding medical insurance accounts for a healthcare organization. Their duties include managing status account updates, assessing the course of action for accounts, conducting outbound calls, handling incoming calls, and processing correspondences with relevant parties involved. They also perform reconciliation, issue escalation to team leaders, and ensure compliance with company policies and regulations.

What does an insurance producer do?

An insurance producer is responsible for selling and buying financial services and products for an insurance company. They negotiate issues regarding health, life insurance, and other properties. Also, an insurance producer maintains a good relationship between clients and prospective clients by offering the best insurance service and ensuring that all the policies and guidelines are fully followed.

Insurance follow up representative vs insurance producer salary

Insurance follow up representatives and insurance producers have different pay scales, as shown below.

Insurance Follow Up RepresentativeInsurance Producer
Average salary$33,022$65,112
Salary rangeBetween $26,000 And $41,000Between $45,000 And $93,000
Highest paying City-Madison, WI
Highest paying state-Wisconsin
Best paying company-Dahl Consulting
Best paying industry-Real Estate

Differences between insurance follow up representative and insurance producer education

There are a few differences between an insurance follow up representative and an insurance producer in terms of educational background:

Insurance Follow Up RepresentativeInsurance Producer
Most common degreeAssociate Degree, 28%Bachelor's Degree, 53%
Most common majorHealth Care AdministrationBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Insurance follow up representative vs insurance producer demographics

Here are the differences between insurance follow up representatives' and insurance producers' demographics:

Insurance Follow Up RepresentativeInsurance Producer
Average age4646
Gender ratioMale, 11.3% Female, 88.7%Male, 51.9% Female, 48.1%
Race ratioBlack or African American, 9.2% Unknown, 3.6% Hispanic or Latino, 15.7% Asian, 4.8% White, 66.5% American Indian and Alaska Native, 0.1%Black or African American, 9.5% Unknown, 3.6% Hispanic or Latino, 16.1% Asian, 4.9% White, 65.8% American Indian and Alaska Native, 0.1%
LGBT Percentage7%7%

Differences between insurance follow up representative and insurance producer duties and responsibilities

Insurance follow up representative example responsibilities.

  • Conduct analysis/research and lead dispute resolutions in appeals processes.
  • Cold-Cal to generate leads for individual life and disability insurance and annuities.
  • Network with various patient accounts financial officers of several medical centers and hospitals to certify uninsure patients for Medicaid.
  • Study ICD-9 and ICD-10 to gain further knowledge of the new changes coming within the coding.
  • Maintain all HIPPA rules, regulations and guidelines.
  • Apply all HIPPA rules and regulations to all accounts.
  • Show more

Insurance producer example responsibilities.

  • Used consultative upselling techniques to provide leads
  • Facilitate communications between doctors, hospitals, third party insurance companies and patients to obtain and verify patient billing information.
  • Deliver on the GEICO promise to customers by solving problems and giving competent insurance advice in a courteous and proficient manner.

Insurance follow up representative vs insurance producer skills

Common insurance follow up representative skills
  • Patients, 17%
  • Customer Service, 10%
  • Medical Billing, 7%
  • Patient Accounts, 7%
  • Phone Calls, 6%
  • Appeals, 6%
Common insurance producer skills
  • Casualty Insurance, 7%
  • Customer Service, 7%
  • Develop Leads, 6%
  • Health Insurance, 6%
  • Financial Services, 5%
  • Phone Calls, 5%