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Underwriting sales representative vs insurance verification specialist

The differences between underwriting sales representatives and insurance verification specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, an insurance verification specialist has an average salary of $33,043, which is higher than the $25,493 average annual salary of an underwriting sales representative.

The top three skills for an underwriting sales representative include customer service, credit decisions and life insurance. The most important skills for an insurance verification specialist are patients, insurance verification, and customer service.

Underwriting sales representative vs insurance verification specialist overview

Underwriting Sales RepresentativeInsurance Verification Specialist
Yearly salary$25,493$33,043
Hourly rate$12.26$15.89
Growth rate6%6%
Number of jobs102,96471,688
Job satisfaction--
Most common degreeBachelor's Degree, 75%Associate Degree, 27%
Average age4646
Years of experience--

Underwriting sales representative vs insurance verification specialist salary

Underwriting sales representatives and insurance verification specialists have different pay scales, as shown below.

Underwriting Sales RepresentativeInsurance Verification Specialist
Average salary$25,493$33,043
Salary rangeBetween $15,000 And $42,000Between $28,000 And $37,000
Highest paying City-Madison, WI
Highest paying state-New Hampshire
Best paying company-St. Luke's Cataract & Laser Institute
Best paying industry-Pharmaceutical

Differences between underwriting sales representative and insurance verification specialist education

There are a few differences between an underwriting sales representative and an insurance verification specialist in terms of educational background:

Underwriting Sales RepresentativeInsurance Verification Specialist
Most common degreeBachelor's Degree, 75%Associate Degree, 27%
Most common majorBusinessHealth Care Administration
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Underwriting sales representative vs insurance verification specialist demographics

Here are the differences between underwriting sales representatives' and insurance verification specialists' demographics:

Underwriting Sales RepresentativeInsurance Verification Specialist
Average age4646
Gender ratioMale, 48.2% Female, 51.8%Male, 11.4% Female, 88.6%
Race ratioBlack or African American, 9.4% Unknown, 3.6% Hispanic or Latino, 16.0% Asian, 4.9% White, 66.0% 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 Percentage7%7%

Differences between underwriting sales representative and insurance verification specialist duties and responsibilities

Underwriting sales representative example responsibilities.

  • Manage Facebook and patient communication programs.
  • Perform duties relating to the origination of residential first, second and equity credit lines on mortgage loans.
  • Provide merchandising assistance to customers by building displays, negotiating placement, replenishing permanent secondary displays and using POS materials effectively.
  • Work as an integral part of a national sales team that specializes in focusing on new business for Amica.
  • Used consultative upselling techniques to provide leads

Insurance verification specialist example responsibilities.

  • Check CPT and ICD-10 codes with LCD and policies from multiple insurance companies to make sure procedures will be paid.
  • Support the patient privacy/confidentiality policies and regulations under HIPAA for patients and their medical records.
  • Confirm correct charges base on HCPCS codes.
  • Assist callers as well with questions about their benefits, terms and conditions of medical plans, appeals and grievances.
  • Provide medical record support in the absence of EMR: assist clinics and hospitals in obtaining medical records in appropriate format.
  • Document outbound communication from providers and veterans.
  • Show more

Underwriting sales representative vs insurance verification specialist skills

Common underwriting sales representative skills
  • Customer Service, 36%
  • Credit Decisions, 23%
  • Life Insurance, 21%
  • Origination, 20%
Common insurance verification specialist skills
  • Patients, 25%
  • Insurance Verification, 15%
  • Customer Service, 7%
  • Insurance Eligibility, 5%
  • Data Entry, 4%
  • Medical Terminology, 4%