Post job

Fire claims adjuster vs risk and insurance consultant

The differences between fire claims adjusters and risk and insurance consultants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a fire claims adjuster, becoming a risk and insurance consultant takes usually requires 4-6 years. Additionally, a risk and insurance consultant has an average salary of $90,307, which is higher than the $60,521 average annual salary of a fire claims adjuster.

Fire claims adjuster vs risk and insurance consultant overview

Fire Claims AdjusterRisk And Insurance Consultant
Yearly salary$60,521$90,307
Hourly rate$29.10$43.42
Growth rate-6%11%
Number of jobs14,85761,774
Job satisfaction--
Most common degreeBachelor's Degree, 80%Bachelor's Degree, 67%
Average age4443
Years of experience46

Fire claims adjuster vs risk and insurance consultant salary

Fire claims adjusters and risk and insurance consultants have different pay scales, as shown below.

Fire Claims AdjusterRisk And Insurance Consultant
Average salary$60,521$90,307
Salary rangeBetween $40,000 And $90,000Between $69,000 And $117,000
Highest paying City-San Francisco, CA
Highest paying state-Rhode Island
Best paying company-McKinsey & Company Inc
Best paying industry-Insurance

Differences between fire claims adjuster and risk and insurance consultant education

There are a few differences between a fire claims adjuster and a risk and insurance consultant in terms of educational background:

Fire Claims AdjusterRisk And Insurance Consultant
Most common degreeBachelor's Degree, 80%Bachelor's Degree, 67%
Most common majorBusinessBusiness
Most common collegeCalifornia State University - BakersfieldUniversity of Pennsylvania

Fire claims adjuster vs risk and insurance consultant demographics

Here are the differences between fire claims adjusters' and risk and insurance consultants' demographics:

Fire Claims AdjusterRisk And Insurance Consultant
Average age4443
Gender ratioMale, 55.9% Female, 44.1%Male, 67.7% Female, 32.3%
Race ratioBlack or African American, 13.2% Unknown, 4.6% Hispanic or Latino, 14.4% Asian, 3.8% White, 63.5% American Indian and Alaska Native, 0.5%Black or African American, 8.6% Unknown, 3.9% Hispanic or Latino, 9.6% Asian, 10.0% White, 67.6% American Indian and Alaska Native, 0.3%
LGBT Percentage10%4%

Differences between fire claims adjuster and risk and insurance consultant duties and responsibilities

Fire claims adjuster example responsibilities.

  • Manage file inventory by utilizing CCC pathways diary system documenting claim file activities in accordance with establish procedures
  • Process personal and commercial insurance claims as well as negotiating settlement via arbitration, mediation, and other alternate dispute resolutions.
  • Write detail estimates of damage for insure and contractor using Symbility estimating platform.

Risk and insurance consultant example responsibilities.

  • Manage litigation through appropriate selection of counsel, developing strategic action plans a while monitoring an active trial calendar.
  • Implement the forecasting models in SAS.
  • Monitor business line compliance to credit policy, exceptions to policy, underwriting standards and portfolio management.
  • Identify and capture risk factors, including idiosyncratic and macroeconomic to support capital assessment, portfolio management and business decisions.
  • Define and document a new application architecture which load client databases with properly format data using in-house develop Java ETL applications.
  • Process subpoenas, arrange depositions, process statutory requests for medical records and review medical records prior to depositions.

Browse business and financial jobs