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Claim investigator vs compensation adjuster

The differences between claim investigators 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 a claim investigator and a compensation adjuster. Additionally, a compensation adjuster has an average salary of $59,246, which is higher than the $49,415 average annual salary of a claim investigator.

The top three skills for a claim investigator include scene investigations, insurance claims and property damage. The most important skills for a compensation adjuster are litigation, workers compensation claims, and medical treatment.

Claim investigator vs compensation adjuster overview

Claim InvestigatorCompensation Adjuster
Yearly salary$49,415$59,246
Hourly rate$23.76$28.48
Growth rate-6%-6%
Number of jobs8,73815,062
Job satisfaction--
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 58%
Average age4444
Years of experience44

Claim investigator vs compensation adjuster salary

Claim investigators and compensation adjusters have different pay scales, as shown below.

Claim InvestigatorCompensation Adjuster
Average salary$49,415$59,246
Salary rangeBetween $37,000 And $65,000Between $39,000 And $89,000
Highest paying CitySan Francisco, CA-
Highest paying stateAlaska-
Best paying companyHealth Alliance-
Best paying industryFinance-

Differences between claim investigator and compensation adjuster education

There are a few differences between a claim investigator and a compensation adjuster in terms of educational background:

Claim InvestigatorCompensation Adjuster
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 58%
Most common majorCriminal JusticeBusiness
Most common collegeCalifornia State University - BakersfieldStanford University

Claim investigator vs compensation adjuster demographics

Here are the differences between claim investigators' and compensation adjusters' demographics:

Claim InvestigatorCompensation Adjuster
Average age4444
Gender ratioMale, 52.5% Female, 47.5%Male, 23.6% Female, 76.4%
Race ratioBlack or African American, 11.1% Unknown, 4.4% Hispanic or Latino, 16.7% Asian, 5.2% White, 62.1% 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 claim investigator and compensation adjuster duties and responsibilities

Claim investigator example responsibilities.

  • Manage and dispose of claims in litigation by preparing and developing strategy with defense counsel and consensus relative to litigation handling.
  • Coordinate with SIU investigators in their investigations of the same claimant or insure.
  • Collaborate with SIU, fire, and police personnel in an effort to resolve investigations.
  • Conduct extensive field investigations and interact with staff attorneys on litigation matters.
  • Prepare and/or review property and content estimates for settlement using Xactimate and XactContents software programs.
  • Conduct complete assessment of interior and exterior damage to create a detail repair estimate within Xactimate software.
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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

Claim investigator vs compensation adjuster skills

Common claim investigator skills
  • Scene Investigations, 11%
  • Insurance Claims, 7%
  • Property Damage, 5%
  • Fraud Claims, 5%
  • Background Checks, 5%
  • Litigation, 4%
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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