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Auto claims adjuster vs compensation adjuster

The differences between auto claims adjusters and compensation adjusters can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an auto claims adjuster and a compensation adjuster. Additionally, a compensation adjuster has an average salary of $59,246, which is higher than the $52,621 average annual salary of an auto claims adjuster.

The top three skills for an auto claims adjuster include repair process, body shop and strong customer service. The most important skills for a compensation adjuster are litigation, workers compensation claims, and medical treatment.

Auto claims adjuster vs compensation adjuster overview

Auto Claims AdjusterCompensation Adjuster
Yearly salary$52,621$59,246
Hourly rate$25.30$28.48
Growth rate-6%-6%
Number of jobs16,18715,062
Job satisfaction--
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 58%
Average age4444
Years of experience44

Auto claims adjuster vs compensation adjuster salary

Auto claims adjusters and compensation adjusters have different pay scales, as shown below.

Auto Claims AdjusterCompensation Adjuster
Average salary$52,621$59,246
Salary rangeBetween $38,000 And $71,000Between $39,000 And $89,000
Highest paying CityJersey City, NJ-
Highest paying stateAlaska-
Best paying companyEMC Insurance-
Best paying industryInsurance-

Differences between auto claims adjuster and compensation adjuster education

There are a few differences between an auto claims adjuster and a compensation adjuster in terms of educational background:

Auto Claims AdjusterCompensation Adjuster
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 58%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Auto claims adjuster vs compensation adjuster demographics

Here are the differences between auto claims adjusters' and compensation adjusters' demographics:

Auto Claims AdjusterCompensation Adjuster
Average age4444
Gender ratioMale, 52.2% Female, 47.8%Male, 23.6% Female, 76.4%
Race ratioBlack or African American, 12.1% Unknown, 4.4% Hispanic or Latino, 16.3% Asian, 5.1% White, 61.6% American Indian and Alaska Native, 0.5%Black or African American, 12.1% Unknown, 4.4% Hispanic or Latino, 16.5% Asian, 5.1% White, 61.4% American Indian and Alaska Native, 0.5%
LGBT Percentage10%10%

Differences between auto claims adjuster and compensation adjuster duties and responsibilities

Auto claims adjuster example responsibilities.

  • Manage file inventory by utilizing CCC pathways diary system documenting claim file activities in accordance with establish procedures
  • Work closely with staff attorneys to develop litigation strategies and prepare for depositions.
  • Provide feedback and implement strategies on claim investigation, reserving, settlement and litigation.
  • Research and review delinquent mortgage cases, financial scenarios and individual homeowner situations to develop solutions compliant with investor policy.
  • Prepare written arguments for arbitration and provide all supporting documentation and evidence.
  • Compile and submit arbitration applications against the insurers of at-fault parties who refuse liability.
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Compensation adjuster example responsibilities.

  • Manage litigation claims including mediation and arbitration from inception to close.
  • Apply strong customer service, organizational and multitasking skills to efficiently manage auto insurance claims.
  • Compile and validate information relay to legal department for litigation arising from medical claims.
  • Research and review delinquent mortgage cases, financial scenarios and individual homeowner situations to develop solutions compliant with investor policy.
  • Close files once MMI and/or settlement reach
  • Input new CPT codes into system as changed by HIPPA law regulations.
  • Show more

Auto claims adjuster vs compensation adjuster skills

Common auto claims adjuster skills
  • Repair Process, 14%
  • Body Shop, 10%
  • Strong Customer Service, 9%
  • Vehicle Inspections, 8%
  • Insurance Claims, 7%
  • Customer Service, 5%
Common compensation adjuster skills
  • Litigation, 16%
  • Workers Compensation Claims, 11%
  • Medical Treatment, 7%
  • Medical Terminology, 7%
  • Disability Claims, 5%
  • Medical Bills, 5%

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