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The differences between raters and billing analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a rater and a billing analyst. Additionally, a billing analyst has an average salary of $51,544, which is higher than the $39,219 average annual salary of a rater.
The top three skills for a rater include data entry, ESL and insurance policies. The most important skills for a billing analyst are customer service, patients, and billing issues.
| Rater | Billing Analyst | |
| Yearly salary | $39,219 | $51,544 |
| Hourly rate | $18.86 | $24.78 |
| Growth rate | -3% | -3% |
| Number of jobs | 161 | 30,566 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 59% |
| Average age | 46 | 46 |
| Years of experience | 2 | 2 |
The duties of a rater depend on one's line of work or industry of employment. Typically, it is their responsibility to rate products, services, or systems according to criteria or a set of standards, ensuring quality and compliance to regulations. There are also instances when a rater must maintain records of all transactions, assess documents, and report to managers or supervisors should there be any issues or concerns. Furthermore, a rater must also have an understanding of the task's objectives, including the company's policies and regulations.
A billing analyst is responsible for supporting the operations of an accounting department, evaluating and issuing invoices, and analyzing the financial transactions of the company. Billing analysts assist with creating financial statements and reports, managing billing discrepancies, updating recent account statements on the company's database, and checking the accuracy of balance sheets. A billing analyst must have excellent analytical skills, as well as the knowledge of the accounting principles, performing account reconciliations, processing receivables, and tracking clients' billing statements.
Raters and billing analysts have different pay scales, as shown below.
| Rater | Billing Analyst | |
| Average salary | $39,219 | $51,544 |
| Salary range | Between $24,000 And $63,000 | Between $35,000 And $73,000 |
| Highest paying City | Boston, MA | Washington, DC |
| Highest paying state | Alaska | Alaska |
| Best paying company | Pharmaceutical Product Development | Meta |
| Best paying industry | - | Finance |
There are a few differences between a rater and a billing analyst in terms of educational background:
| Rater | Billing Analyst | |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 59% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between raters' and billing analysts' demographics:
| Rater | Billing Analyst | |
| Average age | 46 | 46 |
| Gender ratio | Male, 27.6% Female, 72.4% | Male, 29.7% Female, 70.3% |
| Race ratio | Black or African American, 11.1% Unknown, 4.4% Hispanic or Latino, 15.3% Asian, 7.8% White, 60.4% American Indian and Alaska Native, 0.9% | Black or African American, 11.3% Unknown, 4.4% Hispanic or Latino, 18.4% Asian, 7.3% White, 57.7% American Indian and Alaska Native, 0.9% |
| LGBT Percentage | 7% | 7% |