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New business coordinator vs business advisor

The differences between new business coordinators and business advisors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business advisor has an average salary of $96,469, which is higher than the $39,003 average annual salary of a new business coordinator.

The top three skills for a new business coordinator include data entry, customer service and underwriting process. The most important skills for a business advisor are customer service, project management, and business operations.

New business coordinator vs business advisor overview

New Business CoordinatorBusiness Advisor
Yearly salary$39,003$96,469
Hourly rate$18.75$46.38
Growth rate6%6%
Number of jobs69,998125,154
Job satisfaction--
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 67%
Average age4444
Years of experience--

New business coordinator vs business advisor salary

New business coordinators and business advisors have different pay scales, as shown below.

New Business CoordinatorBusiness Advisor
Average salary$39,003$96,469
Salary rangeBetween $17,000 And $85,000Between $67,000 And $138,000
Highest paying City-San Francisco, CA
Highest paying state-New Jersey
Best paying company-Amazon
Best paying industry-Technology

Differences between new business coordinator and business advisor education

There are a few differences between a new business coordinator and a business advisor in terms of educational background:

New Business CoordinatorBusiness Advisor
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 67%
Most common majorBusinessBusiness
Most common collegeWestern Carolina UniversityWestern Carolina University

New business coordinator vs business advisor demographics

Here are the differences between new business coordinators' and business advisors' demographics:

New Business CoordinatorBusiness Advisor
Average age4444
Gender ratioMale, 27.8% Female, 72.2%Male, 63.9% Female, 36.1%
Race ratioBlack or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4%Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4%
LGBT Percentage11%11%

Differences between new business coordinator and business advisor duties and responsibilities

New business coordinator example responsibilities.

  • Manage team negotiating rates with underwriters and oversee the entire RFP process by advancing sales leads -respond to questionnaires and proposals.
  • Manage and coordinate the workload of the release team members and are responsible for organizing and hosting all production release windows.
  • Present new attorney orientation PowerPoint and conference calls and answer all on-boarding questions.
  • Create PowerPoint decks for department presentations.
  • Support service-related duties and responsibilities as needed to include analyzing RFP materials and offering comparable plan designs.
  • Verify insurance, process payments and maintain patients records securely and handle in compliance with HIPPA privacy and security regulations.
  • Show more

Business advisor example responsibilities.

  • Manage training and presentation collateral on SharePoint system, resulting in recycling of documentation for consistent messaging across enterprise.
  • Manage cost-centers and leverage unique Indian production and post- production capabilities and position the company as a prefer production partner.
  • Prepare financial statements, payroll tax reports, and advise small business clients on accounting and financial management matters.
  • Provide a supplement team in an effort to create a cloud computing architecture team at a major telecommunications company.
  • Handle miscellaneous bookkeeping duties including payroll, payroll taxes, accounts receivable, accounts payable and financial statements for client companies.
  • Support the reengineering of the SME development area.
  • Show more

New business coordinator vs business advisor skills

Common new business coordinator skills
  • Data Entry, 14%
  • Customer Service, 12%
  • Underwriting Process, 6%
  • Life Insurance Policies, 5%
  • Business Development, 5%
  • Insurance Carriers, 5%
Common business advisor skills
  • Customer Service, 10%
  • Project Management, 8%
  • Business Operations, 8%
  • Strong Analytical, 8%
  • Healthcare, 7%
  • Human Resources, 4%

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