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The differences between claim processors and insurance adjusters 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 insurance adjuster takes usually requires 2-4 years. Additionally, an insurance adjuster has an average salary of $57,315, 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 insurance adjuster are insurance policies, customer service, and liability claims.
| Claim Processor | Insurance Adjuster | |
| Yearly salary | $41,201 | $57,315 |
| Hourly rate | $19.81 | $27.56 |
| Growth rate | -6% | -6% |
| Number of jobs | 11,542 | 44,837 |
| Job satisfaction | - | 3 |
| Most common degree | Bachelor's Degree, 43% | Bachelor's Degree, 58% |
| Average age | 44 | 44 |
| Years of experience | 6 | 4 |
Claim processors and insurance adjusters have different pay scales, as shown below.
| Claim Processor | Insurance Adjuster | |
| Average salary | $41,201 | $57,315 |
| Salary range | Between $26,000 And $62,000 | Between $40,000 And $80,000 |
| Highest paying City | Columbia, MD | Hagerstown, MD |
| Highest paying state | Connecticut | New Jersey |
| Best paying company | NTT Data International L.L.C. | Cunningham Lindsey |
| Best paying industry | Insurance | Insurance |
There are a few differences between a claim processor and an insurance adjuster in terms of educational background:
| Claim Processor | Insurance Adjuster | |
| Most common degree | Bachelor's Degree, 43% | Bachelor's Degree, 58% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between claim processors' and insurance adjusters' demographics:
| Claim Processor | Insurance Adjuster | |
| Average age | 44 | 44 |
| Gender ratio | Male, 22.9% Female, 77.1% | Male, 66.6% Female, 33.4% |
| 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, 13.0% Unknown, 4.4% Hispanic or Latino, 16.3% Asian, 5.1% White, 60.8% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |