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The differences between insurance underwriters and certified medical technicians can be seen in a few details. Each job has different responsibilities and duties. Additionally, an insurance underwriter has an average salary of $64,163, which is higher than the $38,859 average annual salary of a certified medical technician.
The top three skills for an insurance underwriter include health insurance, insurance underwriting and insurance coverage. The most important skills for a certified medical technician are patients, vital signs, and CPR.
| Insurance Underwriter | Certified Medical Technician | |
| Yearly salary | $64,163 | $38,859 |
| Hourly rate | $30.85 | $18.68 |
| Growth rate | -4% | 5% |
| Number of jobs | 39,026 | 164,424 |
| Job satisfaction | 3 | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 28% |
| Average age | 44 | 44 |
| Years of experience | - | 12 |
An insurance underwriter specializes in identifying and assessing financial risks in insurance policies. It is their duty to gather and review insurance applications, understand the coverage of policies and claims, determine a client's ability to uphold financial obligations by studying their personal information, and develop strategies to prevent the impact of risks and financial losses. They may also negotiate with external parties while adhering to the company's rules and regulations. Moreover, there are instances when an insurance underwriter must produce progress reports and presentations for managers and executives.
Certified Medical Technicians are specialists in medical diagnoses by performing laboratory testing and analysis for hospitals and physicians. Their duties include lab sanitization to prepare for testing and collection, recording medical samples for testing, specimen preparation, blood drawing for donation and testing, and assisting physicians with sample collection as well as equipment handling in surgical rooms. They must also understand how to use complex and sensitive testing equipment such as cell counters, analyzers, microscopes, and centrifuges.
Insurance underwriters and certified medical technicians have different pay scales, as shown below.
| Insurance Underwriter | Certified Medical Technician | |
| Average salary | $64,163 | $38,859 |
| Salary range | Between $35,000 And $116,000 | Between $28,000 And $53,000 |
| Highest paying City | Hartford, CT | Denton, TX |
| Highest paying state | Connecticut | Alaska |
| Best paying company | Citi | Favorite Healthcare Staffing |
| Best paying industry | - | Health Care |
There are a few differences between an insurance underwriter and a certified medical technician in terms of educational background:
| Insurance Underwriter | Certified Medical Technician | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 28% |
| Most common major | Business | Nursing |
| Most common college | University of Pennsylvania | University of Connecticut |
Here are the differences between insurance underwriters' and certified medical technicians' demographics:
| Insurance Underwriter | Certified Medical Technician | |
| Average age | 44 | 44 |
| Gender ratio | Male, 33.4% Female, 66.6% | Male, 20.4% Female, 79.6% |
| Race ratio | Black or African American, 9.2% Unknown, 2.5% Hispanic or Latino, 9.9% Asian, 5.7% White, 72.3% American Indian and Alaska Native, 0.4% | Black or African American, 15.9% Unknown, 5.0% Hispanic or Latino, 14.6% Asian, 10.0% White, 53.8% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 9% | 8% |