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The differences between bodily injury adjusters and risk and insurance consultants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a bodily injury adjuster, becoming a risk and insurance consultant takes usually requires 4-6 years. Additionally, a risk and insurance consultant has an average salary of $90,307, which is higher than the $55,281 average annual salary of a bodily injury adjuster.
The top three skills for a bodily injury adjuster include bodily injury claims, liability claims and claims handling. The most important skills for a risk and insurance consultant are financial services, risk assessments, and portfolio.
| Bodily Injury Adjuster | Risk And Insurance Consultant | |
| Yearly salary | $55,281 | $90,307 |
| Hourly rate | $26.58 | $43.42 |
| Growth rate | -6% | 11% |
| Number of jobs | 7,720 | 61,774 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 67% |
| Average age | 44 | 43 |
| Years of experience | 4 | 6 |
In insurance companies, a bodily injury adjuster is primarily in charge of handling insurance claims involving physical injuries. They verify the clients' identification and insurance coverage, study insurance policies, travel to meet the clients, conduct interviews with every party involved in the claim, gather statements from witnesses, collect video or photographic evidence, audit medical expenses, and coordinate with medical experts for additional insights. Through their research, they develop detailed reports and conclusions that will help the company in processing their insurance claim. Moreover, there are times when a bodily injury adjuster must attend trials and present information to the judge.
A risk and insurance consultant is a person whose job is to advise organizations and companies on what might happen in the future and how to deal with it. They advise the management on the next steps and possible outcomes. A risk and insurance consultant does research and calculations and uses that to predict or solve financial or risk issues.
Bodily injury adjusters and risk and insurance consultants have different pay scales, as shown below.
| Bodily Injury Adjuster | Risk And Insurance Consultant | |
| Average salary | $55,281 | $90,307 |
| Salary range | Between $39,000 And $76,000 | Between $69,000 And $117,000 |
| Highest paying City | - | San Francisco, CA |
| Highest paying state | - | Rhode Island |
| Best paying company | - | McKinsey & Company Inc |
| Best paying industry | - | Insurance |
There are a few differences between a bodily injury adjuster and a risk and insurance consultant in terms of educational background:
| Bodily Injury Adjuster | Risk And Insurance Consultant | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | California State University - Bakersfield | University of Pennsylvania |
Here are the differences between bodily injury adjusters' and risk and insurance consultants' demographics:
| Bodily Injury Adjuster | Risk And Insurance Consultant | |
| Average age | 44 | 43 |
| Gender ratio | Male, 39.4% Female, 60.6% | Male, 67.7% Female, 32.3% |
| Race ratio | Black or African American, 12.9% Unknown, 4.4% Hispanic or Latino, 16.3% Asian, 5.1% White, 60.8% American Indian and Alaska Native, 0.5% | Black or African American, 8.6% Unknown, 3.9% Hispanic or Latino, 9.6% Asian, 10.0% White, 67.6% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 10% | 4% |