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Claim processor vs insurance adjuster

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 vs insurance adjuster overview

Claim ProcessorInsurance Adjuster
Yearly salary$41,201$57,315
Hourly rate$19.81$27.56
Growth rate-6%-6%
Number of jobs11,54244,837
Job satisfaction-3
Most common degreeBachelor's Degree, 43%Bachelor's Degree, 58%
Average age4444
Years of experience64

Claim processor vs insurance adjuster salary

Claim processors and insurance adjusters have different pay scales, as shown below.

Claim ProcessorInsurance Adjuster
Average salary$41,201$57,315
Salary rangeBetween $26,000 And $62,000Between $40,000 And $80,000
Highest paying CityColumbia, MDHagerstown, MD
Highest paying stateConnecticutNew Jersey
Best paying companyNTT Data International L.L.C.Cunningham Lindsey
Best paying industryInsuranceInsurance

Differences between claim processor and insurance adjuster education

There are a few differences between a claim processor and an insurance adjuster in terms of educational background:

Claim ProcessorInsurance Adjuster
Most common degreeBachelor's Degree, 43%Bachelor's Degree, 58%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Claim processor vs insurance adjuster demographics

Here are the differences between claim processors' and insurance adjusters' demographics:

Claim ProcessorInsurance Adjuster
Average age4444
Gender ratioMale, 22.9% Female, 77.1%Male, 66.6% Female, 33.4%
Race ratioBlack 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 Percentage10%10%

Differences between claim processor and insurance adjuster duties and responsibilities

Claim processor example responsibilities.

  • Experience in many facets of the managed healthcare insurance business.
  • Manage claims, route/queues, and ECHS, within specify turn- around time parameters.
  • Use ICD-9, CPT-4 and other medical manuals to adjudicate claims.
  • Analyze claims submit by providers and facilities for appropriate ICD-9, CPT and HCPCS codes against charges that are being bill.
  • Call DME and HME companies to correct invoices.
  • Coach and assist in the training of new EMR databases.
  • Show more

Insurance adjuster example responsibilities.

  • Achieve targeted performance goals in every aspect to manage costs and support Allstate's industry-leading operational standards.
  • Manage and dispose of claims in litigation by preparing and developing strategy with defense counsel and consensus relative to litigation handling.
  • Train in Xactimate estimation and sketch programs.
  • Manage and dispose of claims in litigation by preparing and developing strategy with defense counsel and consensus relative to litigation handling.
  • Skil in complex arbitration and mediation negotiations.
  • Recommend files for arbitration or litigation base on evidence available and inability to compromise with adverse party.
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Claim processor vs insurance adjuster skills

Common claim processor skills
  • Customer Service, 20%
  • Data Entry, 8%
  • Medical Terminology, 5%
  • CPT, 5%
  • Claims Processing, 4%
  • Medical Insurance Claims, 4%
Common insurance adjuster skills
  • Insurance Policies, 15%
  • Customer Service, 15%
  • Liability Claims, 9%
  • Auto Claims, 7%
  • Catastrophe Claims, 5%
  • Public Adjusters, 4%

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