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.
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.
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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In addition to switching up your job search, it might prove helpful to look at a career path for your specific job. Now, what's a career path you ask? Well, it's practically a map that shows how you might advance from one job title to another. Our career paths are especially detailed with salary changes. So, for example, if you started out with the role of claims adjuster you might progress to a role such as office manager eventually. Later on in your career, you could end up with the title accounts receivable manager.
|Top Careers Before Compensation Adjuster|
Claims Adjuster12.7 %
|Top Careers After Compensation Adjuster|
Claims Adjuster8.8 %
Claim Specialist8.6 %
Claim Processor8.3 %
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Hispanic or Latino14.0 %
Black or African American12.7 %
|Foreign Languages Spoken|
Kaplan University8.7 %
American Institute8.7 %
Saint Louis Community College6.5 %
Appalachian State University6.5 %
Criminal Justice8.6 %
High School Diploma16.5 %
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.