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Adjuster vs licensed sales producer

The differences between adjusters and licensed sales producers can be seen in a few details. Each job has different responsibilities and duties. Additionally, an adjuster has an average salary of $49,396, which is higher than the $38,353 average annual salary of a licensed sales producer.

The top three skills for an adjuster include customer service, strong customer service and litigation. The most important skills for a licensed sales producer are customer service, financial products, and life insurance.

Adjuster vs licensed sales producer overview

AdjusterLicensed Sales Producer
Yearly salary$49,396$38,353
Hourly rate$23.75$18.44
Growth rate-6%6%
Number of jobs7,93640,137
Job satisfaction--
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 54%
Average age4446
Years of experience4-

Adjuster vs licensed sales producer salary

Adjusters and licensed sales producers have different pay scales, as shown below.

AdjusterLicensed Sales Producer
Average salary$49,396$38,353
Salary rangeBetween $35,000 And $68,000Between $28,000 And $52,000
Highest paying CityParsippany-Troy Hills, NJMadison, WI
Highest paying stateNew JerseyWisconsin
Best paying companyFCCIOracle
Best paying industryInsuranceManufacturing

Differences between adjuster and licensed sales producer education

There are a few differences between an adjuster and a licensed sales producer in terms of educational background:

AdjusterLicensed Sales Producer
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 54%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Adjuster vs licensed sales producer demographics

Here are the differences between adjusters' and licensed sales producers' demographics:

AdjusterLicensed Sales Producer
Average age4446
Gender ratioMale, 56.9% Female, 43.1%Male, 39.2% Female, 60.8%
Race ratioBlack or African American, 12.2% Unknown, 4.4% Hispanic or Latino, 16.3% Asian, 5.1% White, 61.4% American Indian and Alaska Native, 0.5%Black or African American, 9.3% Unknown, 3.6% Hispanic or Latino, 15.9% Asian, 4.9% White, 66.2% American Indian and Alaska Native, 0.1%
LGBT Percentage10%7%

Differences between adjuster and licensed sales producer duties and responsibilities

Adjuster example responsibilities.

  • Manage strict confidentiality of documents and comply with HIPAA regulations stipulate by the facility and government.
  • Review evidence obtain in liability investigations to evaluate a claim for success in recovery through litigation or arbitration.
  • Document measurements and relevant data to author estimates and appraisals utilizing Xactimate 28software.
  • Charge with answering and defending policy holders and company interests through independent and binding third-party arbitration proceedings.
  • Review departmental reports and financial data; prepare reports of findings, negotiating settlement demands or recommending litigation.
  • Prepare computerize estimates utilizing Xactimate and document all activity associate with the claim in clients web base claims management system.
  • Show more

Licensed sales producer example responsibilities.

  • Generate production and leads through telemarketing sales.
  • Provide quotes, bound coverage for insurance products through Allstate and its brokered affiliates for new business and cross sell campaigns.
  • Directly-Assist agency owner in developing new market strategies to solicit new business and increase cross-selling to existing book of business.
  • Used consultative upselling techniques to provide leads

Adjuster vs licensed sales producer skills

Common adjuster skills
  • Customer Service, 19%
  • Strong Customer Service, 7%
  • Litigation, 7%
  • Liability Claims, 6%
  • Policy Coverage, 6%
  • Insurance Claims, 4%
Common licensed sales producer skills
  • Customer Service, 34%
  • Financial Products, 9%
  • Life Insurance, 6%
  • Product Knowledge, 3%
  • Policy Changes, 3%
  • Outbound Calls, 3%

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