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The differences between claim processors and appraisers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a claim processor, becoming an appraiser takes usually requires 2-4 years. Additionally, an appraiser has an average salary of $42,223, which is higher than the $41,201 average annual salary of a claim processor.
The top three skills for a claim processor include customer service, data entry and medical terminology. The most important skills for an appraiser are commercial property, appraisal reports, and customer service.
| Claim Processor | Appraiser | |
| Yearly salary | $41,201 | $42,223 |
| Hourly rate | $19.81 | $20.30 |
| Growth rate | -6% | 7% |
| Number of jobs | 11,542 | 1,186 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 43% | Bachelor's Degree, 62% |
| Average age | 44 | 49 |
| Years of experience | 6 | 4 |
A Claims Processor is responsible for processing and verifying insurance claims, in adherence to the policies, laws, and regulations of the company involved. Aside from examining its authenticity, they must also oversee new policies and recommend modifications should it be needed. Moreover, it is also the task of the Claims Processor to prepare the necessary documents and guidelines for the policyholder, process reimbursements upon approval, provide answers to inquiries, and report issues and updates to the management.
An appraiser is someone who assesses the monetary value of a property such as an automobile, real property, and personal claim. His/Her or her responsibilities include resolving disparities between a property's monetary values and preparing narrative reports for projects. The essential skills that an appraiser should possess to accomplish such responsibilities include a keen eye for details, strong communication, analytical, and problem-solving skills, and the ability to work under pressure. The education requirements for the job vary depending on the area of focus.
Claim processors and appraisers have different pay scales, as shown below.
| Claim Processor | Appraiser | |
| Average salary | $41,201 | $42,223 |
| Salary range | Between $26,000 And $62,000 | Between $29,000 And $59,000 |
| Highest paying City | Columbia, MD | San Mateo, CA |
| Highest paying state | Connecticut | California |
| Best paying company | NTT Data International L.L.C. | City National Bank |
| Best paying industry | Insurance | Insurance |
There are a few differences between a claim processor and an appraiser in terms of educational background:
| Claim Processor | Appraiser | |
| Most common degree | Bachelor's Degree, 43% | Bachelor's Degree, 62% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between claim processors' and appraisers' demographics:
| Claim Processor | Appraiser | |
| Average age | 44 | 49 |
| Gender ratio | Male, 22.9% Female, 77.1% | Male, 67.8% Female, 32.2% |
| Race ratio | Black or African American, 11.2% Unknown, 4.4% Hispanic or Latino, 16.7% Asian, 5.2% White, 62.0% American Indian and Alaska Native, 0.5% | Black or African American, 4.6% Unknown, 3.9% Hispanic or Latino, 6.8% Asian, 2.9% White, 81.5% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 10% | 8% |