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Claims benefit specialist vs insurance adjuster

The differences between claims benefit specialists 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 claims benefit specialist, 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 $47,292 average annual salary of a claims benefit specialist.

The top three skills for a claims benefit specialist include customer inquiries, appeals and medical terminology. The most important skills for an insurance adjuster are insurance policies, customer service, and liability claims.

Claims benefit specialist vs insurance adjuster overview

Claims Benefit SpecialistInsurance Adjuster
Yearly salary$47,292$57,315
Hourly rate$22.74$27.56
Growth rate-6%-6%
Number of jobs32,20844,837
Job satisfaction-3
Most common degreeBachelor's Degree, 40%Bachelor's Degree, 58%
Average age4444
Years of experience64

Claims benefit specialist vs insurance adjuster salary

Claims benefit specialists and insurance adjusters have different pay scales, as shown below.

Claims Benefit SpecialistInsurance Adjuster
Average salary$47,292$57,315
Salary rangeBetween $32,000 And $68,000Between $40,000 And $80,000
Highest paying City-Hagerstown, MD
Highest paying state-New Jersey
Best paying company-Cunningham Lindsey
Best paying industry-Insurance

Differences between claims benefit specialist and insurance adjuster education

There are a few differences between a claims benefit specialist and an insurance adjuster in terms of educational background:

Claims Benefit SpecialistInsurance Adjuster
Most common degreeBachelor's Degree, 40%Bachelor's Degree, 58%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Claims benefit specialist vs insurance adjuster demographics

Here are the differences between claims benefit specialists' and insurance adjusters' demographics:

Claims Benefit SpecialistInsurance Adjuster
Average age4444
Gender ratioMale, 19.6% Female, 80.4%Male, 66.6% Female, 33.4%
Race ratioBlack or African American, 11.4% Unknown, 4.4% Hispanic or Latino, 16.9% Asian, 5.2% White, 61.6% 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 claims benefit specialist and insurance adjuster duties and responsibilities

Claims benefit specialist example responsibilities.

  • Analyze, process and manage FMLA claims to determine eligibility and certification in compliance with state and federal regulations.
  • Establish a working knowledge of CPT, ICD-9, HCPCS codes, terminology, member benefits and claim flow.
  • Process claims utilizing appropriate ICD-9, DSM-IV and HCPCS codes.
  • Analyze each claim and calculate percentages for both PPO and NON-PPO providers.
  • Understand CPT, HCPCS, ICD-9-CM and ICD-10-CM medical claims coding regulations and guidelines
  • Process Non-HMO and PPO paper and electronic claims in an accurate and time manner.
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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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Claims benefit specialist vs insurance adjuster skills

Common claims benefit specialist skills
  • Customer Inquiries, 11%
  • Appeals, 7%
  • Medical Terminology, 6%
  • Routine Claims, 5%
  • CPT, 4%
  • Processing Issues, 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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