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New business coordinator vs contractor/consultant

The differences between new business coordinators and contractor/consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a contractor/consultant has an average salary of $84,811, 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 contractor/consultant are healthcare, post implementation, and data analysis.

New business coordinator vs contractor/consultant overview

New Business CoordinatorContractor/Consultant
Yearly salary$39,003$84,811
Hourly rate$18.75$40.77
Growth rate6%11%
Number of jobs69,99864,573
Job satisfaction-5
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 64%
Average age4444
Years of experience--

New business coordinator vs contractor/consultant salary

New business coordinators and contractor/consultants have different pay scales, as shown below.

New Business CoordinatorContractor/Consultant
Average salary$39,003$84,811
Salary rangeBetween $17,000 And $85,000Between $58,000 And $123,000
Highest paying City-Boston, MA
Highest paying state-New Jersey
Best paying company-Cerner
Best paying industry-Technology

Differences between new business coordinator and contractor/consultant education

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

New Business CoordinatorContractor/Consultant
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 64%
Most common majorBusinessBusiness
Most common collegeWestern Carolina UniversityWestern Carolina University

New business coordinator vs contractor/consultant demographics

Here are the differences between new business coordinators' and contractor/consultants' demographics:

New Business CoordinatorContractor/Consultant
Average age4444
Gender ratioMale, 27.8% Female, 72.2%Male, 66.2% Female, 33.8%
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 contractor/consultant 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

Contractor/consultant example responsibilities.

  • Manage design and development of cloud-base billing application for streamlining payroll and invoicing, as well as offering real-time business analytics.
  • Assist PMO in defining project scope, task and budget, collaborating closely with developers.
  • Bill and provide appropriate documentation to submit reimbursement for services to appropriate insurance to include Medicaid, Medicare, etc.
  • Motivate and ensure SME team member engagement in projects.
  • Provide Linux server setup, documentation, and internal support.
  • Develop and implement SQL store procedures and DTS packages to process client billing data.
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New business coordinator vs contractor/consultant 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 contractor/consultant skills
  • Healthcare, 30%
  • Post Implementation, 25%
  • Data Analysis, 7%
  • Project Management, 5%
  • Financial Statements, 3%
  • Medicaid, 3%

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