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Underwriting specialist vs certified medical technician

The differences between underwriting specialists and certified medical technicians can be seen in a few details. Each job has different responsibilities and duties. Additionally, an underwriting specialist has an average salary of $63,325, which is higher than the $38,859 average annual salary of a certified medical technician.

The top three skills for an underwriting specialist include customer service, underwriting guidelines and financial statements. The most important skills for a certified medical technician are patients, vital signs, and CPR.

Underwriting specialist vs certified medical technician overview

Underwriting SpecialistCertified Medical Technician
Yearly salary$63,325$38,859
Hourly rate$30.44$18.68
Growth rate-4%5%
Number of jobs25,164164,424
Job satisfaction--
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 28%
Average age4444
Years of experience-12

What does an underwriting specialist do?

An underwriting specialist is responsible for reviewing clients' applications in availing financial services and determining their eligibility by analyzing credit scores and risk potential. Underwriting specialists record all necessary information and may ask for additional requirements for further investigation. They assess policy applications and implement terms and conditions upon approval and ensure that the clients understood the process to prevent miscommunication and payment delays. An underwriting specialist must have extensive knowledge of the loan and insurance disciplines to identify coverage and limitations for efficient contract negotiations.

What does a certified medical technician do?

Certified Medical Technicians are specialists in medical diagnoses by performing laboratory testing and analysis for hospitals and physicians. Their duties include lab sanitization to prepare for testing and collection, recording medical samples for testing, specimen preparation, blood drawing for donation and testing, and assisting physicians with sample collection as well as equipment handling in surgical rooms. They must also understand how to use complex and sensitive testing equipment such as cell counters, analyzers, microscopes, and centrifuges.

Underwriting specialist vs certified medical technician salary

Underwriting specialists and certified medical technicians have different pay scales, as shown below.

Underwriting SpecialistCertified Medical Technician
Average salary$63,325$38,859
Salary rangeBetween $39,000 And $101,000Between $28,000 And $53,000
Highest paying CityBoston, MADenton, TX
Highest paying stateMassachusettsAlaska
Best paying companyAIGFavorite Healthcare Staffing
Best paying industryFinanceHealth Care

Differences between underwriting specialist and certified medical technician education

There are a few differences between an underwriting specialist and a certified medical technician in terms of educational background:

Underwriting SpecialistCertified Medical Technician
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 28%
Most common majorBusinessNursing
Most common collegeUniversity of PennsylvaniaUniversity of Connecticut

Underwriting specialist vs certified medical technician demographics

Here are the differences between underwriting specialists' and certified medical technicians' demographics:

Underwriting SpecialistCertified Medical Technician
Average age4444
Gender ratioMale, 39.0% Female, 61.0%Male, 20.4% Female, 79.6%
Race ratioBlack or African American, 8.9% Unknown, 2.5% Hispanic or Latino, 10.0% Asian, 5.8% White, 72.4% American Indian and Alaska Native, 0.4%Black or African American, 15.9% Unknown, 5.0% Hispanic or Latino, 14.6% Asian, 10.0% White, 53.8% American Indian and Alaska Native, 0.8%
LGBT Percentage9%8%

Differences between underwriting specialist and certified medical technician duties and responsibilities

Underwriting specialist example responsibilities.

  • Risk assessment to achieve profitability on assign book of business through renewal calculations and RFP responses.
  • Manage the execution of underwriting, portfolio analysis and account- base decision making in accordance with establish guidelines and processes.
  • Work closely with post-closing on VA deficiency response and actions, in addition to HUD & FNMA.
  • Analyze risk and apply underwriting guidelines to decision loan applications and grow profitable loan portfolio.
  • Underwrite PPO, EPO, HMO, POS and other health benefits.
  • Mentore, and utilize strong negotiation skills working with diverse group of associates.
  • Show more

Certified medical technician example responsibilities.

  • Maintain the cleanliness of storage areas, trays, centrifuges, refrigerators, freezers and work area.
  • Administer medications to patients according to their medication record as scheduled, as needed according to physician orders.
  • Perform laboratory test and procedures in areas including chemistry, hematology, urinalysis, coagulation, serology, and bacteriology.
  • Perform first aid and apply CPR when necessary.
  • Perform first aid or CPR during medical emergencies until paramedics arrive.
  • Assist the residents in their ADL needs and prepare their meals.
  • Show more

Underwriting specialist vs certified medical technician skills

Common underwriting specialist skills
  • Customer Service, 18%
  • Underwriting Guidelines, 9%
  • Financial Statements, 6%
  • Underwriting Process, 5%
  • Life Insurance, 5%
  • Loss Control, 4%
Common certified medical technician skills
  • Patients, 17%
  • Vital Signs, 12%
  • CPR, 8%
  • Administer Medications, 7%
  • Resident Care, 6%
  • HIPAA, 6%

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