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The differences between claims adjusters and claim processors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a claims adjuster, becoming a claim processor takes usually requires 4-6 years. Additionally, a claims adjuster has an average salary of $51,116, which is higher than the $41,201 average annual salary of a claim processor.
The top three skills for a claims adjuster include insurance carriers, auto claims and customer service. The most important skills for a claim processor are customer service, data entry, and medical terminology.
| Claims Adjuster | Claim Processor | |
| Yearly salary | $51,116 | $41,201 |
| Hourly rate | $24.57 | $19.81 |
| Growth rate | -6% | -6% |
| Number of jobs | 13,221 | 11,542 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 43% |
| Average age | 44 | 44 |
| Years of experience | 4 | 6 |
A claim's adjuster is responsible for the handling of the insurance claims and investigating the extent of property damage and processing the business or a person's liability. Claims adjusters have a broad range of duties such as damage inspection to evaluate incident reports, communicating with property owners and spectators as well as referring to legal documents. They must also have excellent analytical and critical-thinking skills to calculate payments and analyze the complexities of multiple sources. Claims adjusters should also provide timely reports for reference and possible disputes.
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.
Claims adjusters and claim processors have different pay scales, as shown below.
| Claims Adjuster | Claim Processor | |
| Average salary | $51,116 | $41,201 |
| Salary range | Between $40,000 And $64,000 | Between $26,000 And $62,000 |
| Highest paying City | Los Angeles, CA | Columbia, MD |
| Highest paying state | New Jersey | Connecticut |
| Best paying company | Merchants Insurance Group | NTT Data International L.L.C. |
| Best paying industry | Insurance | Insurance |
There are a few differences between a claims adjuster and a claim processor in terms of educational background:
| Claims Adjuster | Claim Processor | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 43% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between claims adjusters' and claim processors' demographics:
| Claims Adjuster | Claim Processor | |
| Average age | 44 | 44 |
| Gender ratio | Male, 45.1% Female, 54.9% | Male, 22.9% Female, 77.1% |
| Race ratio | Black or African American, 11.8% Unknown, 4.4% Hispanic or Latino, 16.8% Asian, 5.2% White, 61.2% American Indian and Alaska Native, 0.5% | 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% |
| LGBT Percentage | 10% | 10% |