Working as a Compensation Adjuster

There is more than meets the eye when it comes to being a compensation adjuster. For example, did you know that they make an average of $24.45 an hour? That's $50,861 a year!

Between 2018 and 2028, the career is expected to grow -4% and produce -13,000 job opportunities across the U.S.

What Does a Compensation Adjuster Do

There are certain skills that many compensation adjusters have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, math skills and mechanical skills.

When it comes to the most important skills required to be a compensation adjuster, we found that a lot of resumes listed 20.0% of compensation adjusters included workers compensation, while 12.6% of resumes included medical records, and 5.6% of resumes included patient care. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

How To Become a Compensation Adjuster

If you're interested in becoming a compensation adjuster, one of the first things to consider is how much education you need. We've determined that 42.2% of compensation adjusters have a bachelor's degree. In terms of higher education levels, we found that 8.8% of compensation adjusters have master's degrees. Even though most compensation adjusters have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a compensation adjuster. When we researched the most common majors for a compensation adjuster, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on compensation adjuster resumes include high school diploma degrees or master's degree degrees.

You may find that experience in other jobs will help you become a compensation adjuster. In fact, many compensation adjuster jobs require experience in a role such as adjuster. Meanwhile, many compensation adjusters also have previous career experience in roles such as claims adjuster or claims representative.

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Average Salary$50,861
Job Growth Rate-4%

Compensation Adjuster Jobs

Compensation Adjuster Career Paths

Top Careers Before Compensation Adjuster
Adjuster12.9 %
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Top Careers After Compensation Adjuster
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Tell us your goals and we'll match you with the rights job to get there.

Average Salary for a Compensation Adjuster

Compensation Adjusters in America make an average salary of $50,861 per year or $24 per hour. The top 10 percent makes over $66,000 per year, while the bottom 10 percent under $38,000 per year.
Average Salary
$50,861

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Compensation Adjuster
Compensation Adjuster
Appleone
Appleone
12/31/2019
12/31/2019
$49,04512/31/2019
$49,045

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Compensation Adjuster Demographics

Gender

Female

68.0 %

Male

27.0 %

Unknown

4.9 %
Ethnicity

White

64.3 %

Hispanic or Latino

14.0 %

Black or African American

12.7 %
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Foreign Languages Spoken

Spanish

84.6 %

Carrier

15.4 %
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Compensation Adjuster Education

Schools

Kaplan University

8.7 %

American Institute

8.7 %

Saint Louis Community College

6.5 %

Appalachian State University

6.5 %
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Majors

Business

25.8 %

Criminal Justice

8.6 %

Insurance

7.0 %

Psychology

5.9 %
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Degrees

Bachelors

42.2 %

Associate

21.7 %

High School Diploma

16.5 %

Masters

8.8 %
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Entry Level Jobs For Becoming A Compensation Adjuster

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Part Time
Internship
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Top Skills For a Compensation Adjuster

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 20.0% of compensation adjusters listed workers compensation on their resume, but soft skills such as analytical skills and math skills are important as well.

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Top Compensation Adjuster Employers

1. Crawford & Company
4.4
Avg. Salary: 
$61,659
Compensation Adjusters Hired: 
49+
2. Liberty Mutual
4.8
Avg. Salary: 
$59,518
Compensation Adjusters Hired: 
23+
3. Travelers
4.4
Avg. Salary: 
$55,484
Compensation Adjusters Hired: 
23+
4. American International Group
4.9
Avg. Salary: 
$78,135
Compensation Adjusters Hired: 
22+
5. The Hartford
4.3
Avg. Salary: 
$57,377
Compensation Adjusters Hired: 
14+
6. Insurance
4.8
Avg. Salary: 
$59,626
Compensation Adjusters Hired: 
10+

Recently Added Compensation Adjuster Jobs

Updated October 2, 2020