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Compensation adjuster vs insurance examiner

The differences between compensation adjusters and insurance examiners 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 an insurance examiner. Additionally, a compensation adjuster has an average salary of $59,246, which is higher than the $50,967 average annual salary of an insurance examiner.

The top three skills for a compensation adjuster include litigation, workers compensation claims and medical treatment. The most important skills for an insurance examiner are EKG, financial statements, and blood pressure.

Compensation adjuster vs insurance examiner overview

Compensation AdjusterInsurance Examiner
Yearly salary$59,246$50,967
Hourly rate$28.48$24.50
Growth rate-6%-6%
Number of jobs15,06239,601
Job satisfaction--
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 46%
Average age4444
Years of experience44

Compensation adjuster vs insurance examiner salary

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

Compensation AdjusterInsurance Examiner
Average salary$59,246$50,967
Salary rangeBetween $39,000 And $89,000Between $34,000 And $76,000
Highest paying City-Farmington, CT
Highest paying state-Rhode Island
Best paying company-RSM US
Best paying industry-Health Care

Differences between compensation adjuster and insurance examiner education

There are a few differences between a compensation adjuster and an insurance examiner in terms of educational background:

Compensation AdjusterInsurance Examiner
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 46%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Compensation adjuster vs insurance examiner demographics

Here are the differences between compensation adjusters' and insurance examiners' demographics:

Compensation AdjusterInsurance Examiner
Average age4444
Gender ratioMale, 23.6% Female, 76.4%Male, 24.1% Female, 75.9%
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, 12.3% Unknown, 4.5% Hispanic or Latino, 15.7% Asian, 6.0% White, 61.0% American Indian and Alaska Native, 0.5%
LGBT Percentage10%10%

Differences between compensation adjuster and insurance examiner 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.
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Insurance examiner example responsibilities.

  • Manage operating procedure and accounting systems for payroll, operating expenses, supplies and inventory management and commercial accounts.
  • Court / arbitration / litigation appearances.
  • Review the subpoenas records in court house.
  • Used audit software utilize at insure's site, with PAAS and GAAP.
  • Draw blood from veins by vacuum tube, syringe, or butterfly venipuncture methods.
  • Perform insurance exams in client's homes which including history and physicals and phlebotomy.
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Compensation adjuster vs insurance examiner skills

Common compensation adjuster skills
  • Litigation, 16%
  • Workers Compensation Claims, 11%
  • Medical Treatment, 7%
  • Medical Terminology, 7%
  • Disability Claims, 5%
  • Medical Bills, 5%
Common insurance examiner skills
  • EKG, 14%
  • Financial Statements, 7%
  • Blood Pressure, 6%
  • Health History, 6%
  • Vital Signs, 6%
  • Naic, 6%

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