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New business coordinator vs principal consultant

The differences between new business coordinators and principal consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a principal consultant has an average salary of $116,478, 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 principal consultant are cloud, business development, and C #.

New business coordinator vs principal consultant overview

New Business CoordinatorPrincipal Consultant
Yearly salary$39,003$116,478
Hourly rate$18.75$56.00
Growth rate6%11%
Number of jobs69,998143,753
Job satisfaction--
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 68%
Average age4444
Years of experience--

New business coordinator vs principal consultant salary

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

New Business CoordinatorPrincipal Consultant
Average salary$39,003$116,478
Salary rangeBetween $17,000 And $85,000Between $90,000 And $150,000
Highest paying City-San Francisco, CA
Highest paying state-Oregon
Best paying company-Pure Storage
Best paying industry-Finance

Differences between new business coordinator and principal consultant education

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

New Business CoordinatorPrincipal Consultant
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 68%
Most common majorBusinessBusiness
Most common collegeWestern Carolina UniversityWestern Carolina University

New business coordinator vs principal consultant demographics

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

New Business CoordinatorPrincipal Consultant
Average age4444
Gender ratioMale, 27.8% Female, 72.2%Male, 75.8% Female, 24.2%
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 principal 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

Principal consultant example responsibilities.

  • Manage project risks and issues throughout the SDLC phases, report project/program statuses to steering committee along with financial information.
  • Provide PMO office support including improving governance processes to achieve expect results.
  • Manage numerous engagements that are either custom development or package software (ERP) implementations and integration.
  • Project leadership, strategy and health information management consulting services to healthcare and manage care organizations and health information technology companies.
  • Design database and business objects using XML schema.
  • Create XMLType view to generate xml output from a SQL query.
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New business coordinator vs principal 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 principal consultant skills
  • Cloud, 11%
  • Business Development, 10%
  • C #, 7%
  • Customer Satisfaction, 6%
  • Java, 5%
  • Project Management, 4%

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