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Compensation adjuster vs general adjuster

The differences between compensation adjusters and general adjusters can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a compensation adjuster and a general adjuster. Additionally, a general adjuster has an average salary of $62,495, which is higher than the $59,246 average annual salary of a compensation adjuster.

The top three skills for a compensation adjuster include litigation, workers compensation claims and medical treatment. The most important skills for a general adjuster are customer service, xactimate, and claims handling.

Compensation adjuster vs general adjuster overview

Compensation AdjusterGeneral Adjuster
Yearly salary$59,246$62,495
Hourly rate$28.48$30.05
Growth rate-6%-6%
Number of jobs15,06247,263
Job satisfaction--
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 76%
Average age4444
Years of experience44

Compensation adjuster vs general adjuster salary

Compensation adjusters and general adjusters have different pay scales, as shown below.

Compensation AdjusterGeneral Adjuster
Average salary$59,246$62,495
Salary rangeBetween $39,000 And $89,000Between $41,000 And $94,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between compensation adjuster and general adjuster education

There are a few differences between a compensation adjuster and a general adjuster in terms of educational background:

Compensation AdjusterGeneral Adjuster
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 76%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Compensation adjuster vs general adjuster demographics

Here are the differences between compensation adjusters' and general adjusters' demographics:

Compensation AdjusterGeneral Adjuster
Average age4444
Gender ratioMale, 23.6% Female, 76.4%Male, 73.0% Female, 27.0%
Race ratioBlack or African American, 12.1% Unknown, 4.4% Hispanic or Latino, 16.5% Asian, 5.1% White, 61.4% American Indian and Alaska Native, 0.5%Black or African American, 12.2% Unknown, 4.4% Hispanic or Latino, 16.6% Asian, 5.3% White, 61.0% American Indian and Alaska Native, 0.5%
LGBT Percentage10%10%

Differences between compensation adjuster and general adjuster duties and responsibilities

Compensation adjuster example responsibilities.

  • Manage litigation claims including mediation and arbitration from inception to close.
  • Apply strong customer service, organizational and multitasking skills to efficiently manage auto insurance claims.
  • Compile and validate information relay to legal department for litigation arising from medical claims.
  • Research and review delinquent mortgage cases, financial scenarios and individual homeowner situations to develop solutions compliant with investor policy.
  • Close files once MMI and/or settlement reach
  • Input new CPT codes into system as changed by HIPPA law regulations.
  • Show more

General adjuster example responsibilities.

  • Apply strong customer service, organizational and multitasking skills to efficiently manage auto insurance claims.
  • Investigate and evaluate bodily injury and property damage automobile and homeowner claims.
  • Respond to arbitration responses when need.
  • Investigate, inspect, scoped and estimate in Xactimate every loss assign.
  • Evaluate and estimate homeowner property damage.
  • Evaluate cost benefits so early settlement versus further litigation and negotiate settlement.
  • Show more

Compensation adjuster vs general adjuster skills

Common compensation adjuster skills
  • Litigation, 16%
  • Workers Compensation Claims, 11%
  • Medical Treatment, 7%
  • Medical Terminology, 7%
  • Disability Claims, 5%
  • Medical Bills, 5%
Common general adjuster skills
  • Customer Service, 19%
  • Xactimate, 17%
  • Claims Handling, 11%
  • Litigation, 10%
  • Commercial Property, 9%
  • Insurance Coverage, 7%

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