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The differences between insurance specialists and registration specialists 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 specialist and a registration specialist. Additionally, an insurance specialist has an average salary of $34,281, which is higher than the $30,422 average annual salary of a registration specialist.
The top three skills for an insurance specialist include patients, customer service and insurance coverage. The most important skills for a registration specialist are patients, customer service, and medical terminology.
| Insurance Specialist | Registration Specialist | |
| Yearly salary | $34,281 | $30,422 |
| Hourly rate | $16.48 | $14.63 |
| Growth rate | -3% | -4% |
| Number of jobs | 98,595 | 79,118 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 42% | Bachelor's Degree, 38% |
| Average age | 44 | 40 |
| Years of experience | 4 | 4 |
An insurance specialist is an individual responsible for interpreting insurance plans and providing risk management advice to clients and wealth managers. Insurance specialists must have a full understanding of risk management to craft a comprehensive solution that integrates well with the client's portfolio. They need to manage their clients' accounts and should maintain contact with clients after the application process. Insurance specialists must ensure that government insurance programs comply with federal laws, regulations, and contracts within the healthcare industry.
A registration specialist is responsible for managing patient information, including the verification of their insurance details and medical treatment schedules. Registration specialists assign admission rooms and processing payments for discharge. They also assist patients with the completion of medical forms by helping them fill-out papers with the most accurate information. A registration specialist performs administrative and clerical duties as needed, requiring them to have excellent data management skills to process information and provide the highest quality care services for the patients.
Insurance specialists and registration specialists have different pay scales, as shown below.
| Insurance Specialist | Registration Specialist | |
| Average salary | $34,281 | $30,422 |
| Salary range | Between $27,000 And $42,000 | Between $23,000 And $40,000 |
| Highest paying City | New York, NY | Boston, MA |
| Highest paying state | New Hampshire | Massachusetts |
| Best paying company | Deloitte | Deloitte |
| Best paying industry | Government | Health Care |
There are a few differences between an insurance specialist and a registration specialist in terms of educational background:
| Insurance Specialist | Registration Specialist | |
| Most common degree | Bachelor's Degree, 42% | Bachelor's Degree, 38% |
| Most common major | Business | Business |
| Most common college | - | University of Pennsylvania |
Here are the differences between insurance specialists' and registration specialists' demographics:
| Insurance Specialist | Registration Specialist | |
| Average age | 44 | 40 |
| Gender ratio | Male, 22.1% Female, 77.9% | Male, 14.5% Female, 85.5% |
| 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, 10.7% Unknown, 5.1% Hispanic or Latino, 18.0% Asian, 6.0% White, 59.5% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 11% | 7% |