Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between insurance 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 processor and a claims clerk. Additionally, an insurance processor has an average salary of $33,041, which is higher than the $32,815 average annual salary of a claims clerk.
The top three skills for an insurance processor include data entry, customer service and phone calls. The most important skills for a claims clerk are data entry, customer service, and clerical support.
| Insurance Processor | Claims Clerk | |
| Yearly salary | $33,041 | $32,815 |
| Hourly rate | $15.89 | $15.78 |
| Growth rate | -3% | -3% |
| Number of jobs | 50,523 | 78,588 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 33% | Bachelor's Degree, 31% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
Insurance Processors deal with the processing of insurance applications, amendments of policies, changes, and cancellations. An Insurance Processor works with the client to choose the best insurance package and advise them on how to maximize their benefits. Clients need to understand the insurance process by answering inquiries. It is also essential that an Insurance Processor work hand in hand with the client, guiding them through the process, explaining all crucial parts of the insurance to establish trust in you and the company.
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 processors and claims clerks have different pay scales, as shown below.
| Insurance Processor | Claims Clerk | |
| Average salary | $33,041 | $32,815 |
| Salary range | Between $28,000 And $38,000 | Between $27,000 And $39,000 |
| Highest paying City | Leawood, KS | - |
| Highest paying state | Connecticut | - |
| Best paying company | Moore County Hospital District | - |
| Best paying industry | Finance | - |
There are a few differences between an insurance processor and a claims clerk in terms of educational background:
| Insurance Processor | Claims Clerk | |
| Most common degree | Bachelor's Degree, 33% | Bachelor's Degree, 31% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between insurance processors' and claims clerks' demographics:
| Insurance Processor | Claims Clerk | |
| Average age | 44 | 44 |
| Gender ratio | Male, 16.3% Female, 83.7% | 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% |