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The differences between sales producers and insurance verification specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a sales producer has an average salary of $51,287, which is higher than the $33,043 average annual salary of an insurance verification specialist.
The top three skills for a sales producer include insurance products, strong work ethic and business relationships. The most important skills for an insurance verification specialist are patients, insurance verification, and customer service.
| Sales Producer | Insurance Verification Specialist | |
| Yearly salary | $51,287 | $33,043 |
| Hourly rate | $24.66 | $15.89 |
| Growth rate | 6% | 6% |
| Number of jobs | 41,951 | 71,688 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 60% | Associate Degree, 27% |
| Average age | 46 | 46 |
| Years of experience | - | - |
A sales producer is responsible for performing sales calls and administering all leads. You will be responsible for preparing the policies aimed at sales procedures and developing the necessary sales documents. Other responsibilities include making sure that all sales personnel adhere to all policies and procedures, coordinating with customers about policy expiration dates, and maintaining strong and long-lasting relationships with customers. As a sales producer, you will be responsible for managing prospective sale campaigns and managing all correspondence with both prospective and existing clients.
An insurance verification specialist is responsible for confirming a patient's insurance details and eligibility to receive medical care services. Insurance verification specialists review the insurance documents of the patients, including its coverage and limitations, and escalate concerns to the supervisor for immediate resolution. They process paperwork accordingly upon coordinating with the patients and attending health professionals. An insurance verification specialist must have excellent communication and organizational skills, finishing administrative tasks efficiently under minimal supervision.
Sales producers and insurance verification specialists have different pay scales, as shown below.
| Sales Producer | Insurance Verification Specialist | |
| Average salary | $51,287 | $33,043 |
| Salary range | Between $24,000 And $107,000 | Between $28,000 And $37,000 |
| Highest paying City | Arlington, MA | Madison, WI |
| Highest paying state | Massachusetts | New Hampshire |
| Best paying company | Cochrane & Company | St. Luke's Cataract & Laser Institute |
| Best paying industry | - | Pharmaceutical |
There are a few differences between a sales producer and an insurance verification specialist in terms of educational background:
| Sales Producer | Insurance Verification Specialist | |
| Most common degree | Bachelor's Degree, 60% | Associate Degree, 27% |
| Most common major | Business | Health Care Administration |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between sales producers' and insurance verification specialists' demographics:
| Sales Producer | Insurance Verification Specialist | |
| Average age | 46 | 46 |
| Gender ratio | Male, 53.2% Female, 46.8% | Male, 11.4% Female, 88.6% |
| Race ratio | Black or African American, 9.5% Unknown, 3.6% Hispanic or Latino, 16.2% Asian, 4.9% White, 65.7% American Indian and Alaska Native, 0.1% | Black or African American, 9.3% Unknown, 3.6% Hispanic or Latino, 16.0% Asian, 4.9% White, 66.1% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 7% | 7% |