Principal examiner vs claim processor

The differences between principal examiners and claim processors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a principal examiner has an average salary of $74,253, which is higher than the $41,201 average annual salary of a claim processor.

The top three skills for a principal examiner include securities, FINRA and financial statements. The most important skills for a claim processor are customer service, data entry, and medical terminology.

Principal examiner vs claim processor overview

	Principal Examiner	Claim Processor
Yearly salary	$74,253	$41,201
Hourly rate	$35.70	$19.81
Growth rate	21%	-6%
Number of jobs	41,375	11,542
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 74%	Bachelor's Degree, 43%
Average age	42	44
Years of experience	-	6

Principal examiner vs claim processor salary

Principal examiners and claim processors have different pay scales, as shown below.

	Principal Examiner	Claim Processor
Average salary	$74,253	$41,201
Salary range	Between $52,000 And $105,000	Between $26,000 And $62,000
Highest paying City	-	Columbia, MD
Highest paying state	-	Connecticut
Best paying company	-	NTT Data International L.L.C.
Best paying industry	-	Insurance

Differences between principal examiner and claim processor education

There are a few differences between a principal examiner and a claim processor in terms of educational background:

	Principal Examiner	Claim Processor
Most common degree	Bachelor's Degree, 74%	Bachelor's Degree, 43%
Most common major	Business	Business
Most common college	University of Southern California	Stanford University

Principal examiner vs claim processor demographics

Here are the differences between principal examiners' and claim processors' demographics:

	Principal Examiner	Claim Processor
Average age	42	44
Gender ratio	Male, 63.5% Female, 36.5%	Male, 22.9% Female, 77.1%
Race ratio	Black or African American, 6.7% Unknown, 5.6% Hispanic or Latino, 12.6% Asian, 9.9% White, 64.8% American Indian and Alaska Native, 0.4%	Black or African American, 11.2% Unknown, 4.4% Hispanic or Latino, 16.7% Asian, 5.2% White, 62.0% American Indian and Alaska Native, 0.5%
LGBT Percentage	19%	10%

Differences between principal examiner and claim processor duties and responsibilities

Principal examiner example responsibilities.

Manage large ATF cases in coordination with other supervisors and field members.
Lead a team of ten examiners responsible for reviewing and evaluating taxpayer information and offers of compromise for overdue IRS payments.
Provide regulatory advice and reviews relating to compliance (including sanctions regimes), transactions, and litigation for depository institutions.
Review individual general ledger accounts and reconcile those accounts to subsidiary ledgers or statements.

Claim processor example responsibilities.

Experience in many facets of the managed healthcare insurance business.
Manage claims, route/queues, and ECHS, within specify turn- around time parameters.
Use ICD-9, CPT-4 and other medical manuals to adjudicate claims.
Analyze claims submit by providers and facilities for appropriate ICD-9, CPT and HCPCS codes against charges that are being bill.
Call DME and HME companies to correct invoices.
Coach and assist in the training of new EMR databases.

Principal examiner vs claim processor skills

Common principal examiner skills

Securities, 22%
FINRA, 20%
Financial Statements, 18%
Business Lines, 16%
Relevant Rules, 7%
Examination Process, 4%

Common claim processor skills

Customer Service, 20%
Data Entry, 8%
Medical Terminology, 5%
CPT, 5%
Claims Processing, 4%
Medical Insurance Claims, 4%