Post job

Field adjuster vs compensation adjuster

The differences between field adjusters and compensation 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 field adjuster and a compensation adjuster. Additionally, a compensation adjuster has an average salary of $59,246, which is higher than the $54,120 average annual salary of a field adjuster.

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

Field adjuster vs compensation adjuster overview

Field AdjusterCompensation Adjuster
Yearly salary$54,120$59,246
Hourly rate$26.02$28.48
Growth rate-6%-6%
Number of jobs51,07115,062
Job satisfaction--
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 58%
Average age4444
Years of experience44

Field adjuster vs compensation adjuster salary

Field adjusters and compensation adjusters have different pay scales, as shown below.

Field AdjusterCompensation Adjuster
Average salary$54,120$59,246
Salary rangeBetween $38,000 And $75,000Between $39,000 And $89,000
Highest paying CitySan Francisco, CA-
Highest paying stateAlaska-
Best paying companyZurich-
Best paying industryInsurance-

Differences between field adjuster and compensation adjuster education

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

Field AdjusterCompensation Adjuster
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 58%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Field adjuster vs compensation adjuster demographics

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

Field AdjusterCompensation Adjuster
Average age4444
Gender ratioMale, 70.3% Female, 29.7%Male, 23.6% Female, 76.4%
Race ratioBlack or African American, 12.0% Unknown, 4.4% Hispanic or Latino, 16.3% Asian, 5.1% White, 61.7% American Indian and Alaska Native, 0.5%Black 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%
LGBT Percentage10%10%

Differences between field adjuster and compensation adjuster duties and responsibilities

Field adjuster example responsibilities.

  • Manage and dispose of claims in litigation by preparing and developing strategy with defense counsel and consensus relative to litigation handling.
  • Provide optimum service to policyholders and agents, negotiate fair settlements and identify SIU claims.
  • Process boat, auto, motorcycle, and motorhome RV claims thru various estimating software.
  • Participate in development of claim handling strategies for mediation claims with home office personnel and attorneys.
  • Work closely with SIU in the handling of 1st party auto theft claims from initiation to completion.
  • Coordinate inspections with insure, this entail booking flights, hotel and rental reservations all while considering the overall cost.
  • Show more

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

Field adjuster vs compensation adjuster skills

Common field adjuster skills
  • Customer Service, 20%
  • Xactimate, 17%
  • Strong Negotiation, 7%
  • Insurance Policies, 6%
  • Claims Handling, 3%
  • CCC, 3%
Common compensation adjuster skills
  • Litigation, 16%
  • Workers Compensation Claims, 11%
  • Medical Treatment, 7%
  • Medical Terminology, 7%
  • Disability Claims, 5%
  • Medical Bills, 5%

Browse business and financial jobs