Reinsurance claims analyst vs analyst

The differences between reinsurance claims analysts and analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a reinsurance claims analyst, becoming an analyst takes usually requires 2-4 years. Additionally, a reinsurance claims analyst has an average salary of $92,324, which is higher than the $73,007 average annual salary of an analyst.

The top three skills for a reinsurance claims analyst include data analysis, surety and client accounts. The most important skills for an analyst are customer service, troubleshoot, and data analysis.

Reinsurance claims analyst vs analyst overview

	Reinsurance Claims Analyst	Analyst
Yearly salary	$92,324	$73,007
Hourly rate	$44.39	$35.10
Growth rate	-6%	11%
Number of jobs	18,833	253,138
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 69%	Bachelor's Degree, 67%
Average age	44	44
Years of experience	6	4

Reinsurance claims analyst vs analyst salary

Reinsurance claims analysts and analysts have different pay scales, as shown below.

	Reinsurance Claims Analyst	Analyst
Average salary	$92,324	$73,007
Salary range	Between $64,000 And $132,000	Between $53,000 And $99,000
Highest paying City	San Francisco, CA	Jersey City, NJ
Highest paying state	Washington	New Jersey
Best paying company	CNA Insurance	The Citadel
Best paying industry	Finance	Technology

Differences between reinsurance claims analyst and analyst education

There are a few differences between a reinsurance claims analyst and an analyst in terms of educational background:

	Reinsurance Claims Analyst	Analyst
Most common degree	Bachelor's Degree, 69%	Bachelor's Degree, 67%
Most common major	Business	Business
Most common college	University of Pennsylvania	Northwestern University

Reinsurance claims analyst vs analyst demographics

Here are the differences between reinsurance claims analysts' and analysts' demographics:

	Reinsurance Claims Analyst	Analyst
Average age	44	44
Gender ratio	Male, 38.0% Female, 62.0%	Male, 52.4% Female, 47.6%
Race ratio	Black or African American, 10.5% Unknown, 4.4% Hispanic or Latino, 16.4% Asian, 5.1% White, 63.0% American Indian and Alaska Native, 0.5%	Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.3% White, 65.2% American Indian and Alaska Native, 0.2%
LGBT Percentage	10%	12%

Differences between reinsurance claims analyst and analyst duties and responsibilities

Reinsurance claims analyst example responsibilities.

Help managed meetings regarding decision making on CMS regulations.
Conduct quarterly internal commutations SOX testing.
Ensure the privacy and security of protect health information per HIPPA requirements
Confirm general ledger shows all accounting transactions for given period and reconciliations are conduct.
Request and review documentation and testing in order to qualify patients for Medicare and Medicaid coverage.
Analyze office administration support for analysts supporting DOD projects to identify efficiency opportunities to prototype and write report of analysis findings.

Analyst example responsibilities.

Manage support incidents and mitigate customer issues meeting or exceeding establish SLA's.
Manage database including all ETL procedures, optimize SQL query to build an online sales platform.
Lead the requirement gathering effort from key customers for development of new JAVA applications and for troubleshooting customer issues.
Provide hands-on technical support and managing custom software, windows base systems, networking solutions, and database systems.
Initiate and lead quality improvement projects to address KPIs such as production, error rate, and turnaround time.
Help develop and handle both on and offsite SEO solutions as well as managing local campaigns and international SEO efforts.

Reinsurance claims analyst vs analyst skills

Common reinsurance claims analyst skills

Data Analysis, 47%
Surety, 13%
Client Accounts, 7%
Reconciliations, 4%
Reinsurance Contracts, 4%
Financial Reports, 4%

Common analyst skills

Customer Service, 13%
Troubleshoot, 6%
Data Analysis, 6%
Management System, 5%
Project Management, 5%
Strong Analytical, 4%