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The differences between reinsurance claims analysts and medical claims analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a reinsurance claims analyst and a medical claims analyst. Additionally, a reinsurance claims analyst has an average salary of $92,324, which is higher than the $46,708 average annual salary of a medical claims analyst.
The top three skills for a reinsurance claims analyst include data analysis, surety and client accounts. The most important skills for a medical claims analyst are medical terminology, medicaid, and medical insurance claims.
| Reinsurance Claims Analyst | Medical Claims Analyst | |
| Yearly salary | $92,324 | $46,708 |
| Hourly rate | $44.39 | $22.46 |
| Growth rate | -6% | -6% |
| Number of jobs | 18,833 | 65,897 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 36% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
Reinsurance claims analysts and medical claims analysts have different pay scales, as shown below.
| Reinsurance Claims Analyst | Medical Claims Analyst | |
| Average salary | $92,324 | $46,708 |
| Salary range | Between $64,000 And $132,000 | Between $32,000 And $68,000 |
| Highest paying City | San Francisco, CA | Bridgewater, NJ |
| Highest paying state | Washington | New Jersey |
| Best paying company | CNA Insurance | Montefiore Mount Vernon Hospital |
| Best paying industry | Finance | Insurance |
There are a few differences between a reinsurance claims analyst and a medical claims analyst in terms of educational background:
| Reinsurance Claims Analyst | Medical Claims Analyst | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 36% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between reinsurance claims analysts' and medical claims analysts' demographics:
| Reinsurance Claims Analyst | Medical Claims Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 38.0% Female, 62.0% | Male, 14.2% Female, 85.8% |
| 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, 11.2% Unknown, 4.4% Hispanic or Latino, 16.4% Asian, 5.1% White, 62.4% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |