Reinsurance claims analyst vs senior claims processor

The differences between reinsurance claims analysts and senior claims processors 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 a senior claims processor takes usually requires 2-4 years. Additionally, a reinsurance claims analyst has an average salary of $92,324, which is higher than the $44,873 average annual salary of a senior claims processor.

The top three skills for a reinsurance claims analyst include data analysis, surety and client accounts. The most important skills for a senior claims processor are customer service, process claims, and SR.

Reinsurance claims analyst vs senior claims processor overview

	Reinsurance Claims Analyst	Senior Claims Processor
Yearly salary	$92,324	$44,873
Hourly rate	$44.39	$21.57
Growth rate	-6%	-3%
Number of jobs	18,833	14,768
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 69%	Bachelor's Degree, 37%
Average age	44	44
Years of experience	6	4

Reinsurance claims analyst vs senior claims processor salary

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

	Reinsurance Claims Analyst	Senior Claims Processor
Average salary	$92,324	$44,873
Salary range	Between $64,000 And $132,000	Between $30,000 And $65,000
Highest paying City	San Francisco, CA	-
Highest paying state	Washington	-
Best paying company	CNA Insurance	-
Best paying industry	Finance	-

Differences between reinsurance claims analyst and senior claims processor education

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

	Reinsurance Claims Analyst	Senior Claims Processor
Most common degree	Bachelor's Degree, 69%	Bachelor's Degree, 37%
Most common major	Business	Business
Most common college	University of Pennsylvania	Stanford University

Reinsurance claims analyst vs senior claims processor demographics

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

	Reinsurance Claims Analyst	Senior Claims Processor
Average age	44	44
Gender ratio	Male, 38.0% Female, 62.0%	Male, 16.3% Female, 83.7%
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, 13.8% Unknown, 4.3% Hispanic or Latino, 14.4% Asian, 3.9% White, 63.2% American Indian and Alaska Native, 0.5%
LGBT Percentage	10%	11%

Differences between reinsurance claims analyst and senior claims processor 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.

Senior claims processor example responsibilities.

Manage confidential medical records and directs them to the appropriate practitioners while ensuring HIPPA regulations are maintain.
Investigate, manage, negotiate and resolve claims arising out of accidents involving automobile and homeowner policies.
Process CalPERS HMO facility claims.
Experience with HMO's, IPA's and insurance authorizations.
Handle confidential information according to new laws (HIPPA).
Review ICD-9 diagnosis codes against CPT codes for claim payment guidelines.

Reinsurance claims analyst vs senior claims processor skills

Common reinsurance claims analyst skills

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

Common senior claims processor skills

Customer Service, 16%
Process Claims, 8%
SR, 6%
Medical Terminology, 5%
Appeals, 5%
CMS, 5%

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Reinsurance Claims Analyst
Reinsurance Claims Analyst vs Senior Claims Processor

Updated January 8, 2025

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