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Insurance analyst vs insurance adjuster

The differences between insurance analysts and insurance adjusters can be seen in a few details. Each job has different responsibilities and duties. Additionally, an insurance adjuster has an average salary of $57,315, which is higher than the $55,424 average annual salary of an insurance analyst.

The top three skills for an insurance analyst include insurance coverage, insurance policies and life insurance. The most important skills for an insurance adjuster are insurance policies, customer service, and liability claims.

Insurance analyst vs insurance adjuster overview

Insurance AnalystInsurance Adjuster
Yearly salary$55,424$57,315
Hourly rate$26.65$27.56
Growth rate-4%-6%
Number of jobs44,28044,837
Job satisfaction-3
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 58%
Average age4444
Years of experience-4

Insurance analyst vs insurance adjuster salary

Insurance analysts and insurance adjusters have different pay scales, as shown below.

Insurance AnalystInsurance Adjuster
Average salary$55,424$57,315
Salary rangeBetween $34,000 And $88,000Between $40,000 And $80,000
Highest paying CitySan Francisco, CAHagerstown, MD
Highest paying stateCaliforniaNew Jersey
Best paying companyCredit KarmaCunningham Lindsey
Best paying industry-Insurance

Differences between insurance analyst and insurance adjuster education

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

Insurance AnalystInsurance Adjuster
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 58%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaStanford University

Insurance analyst vs insurance adjuster demographics

Here are the differences between insurance analysts' and insurance adjusters' demographics:

Insurance AnalystInsurance Adjuster
Average age4444
Gender ratioMale, 28.7% Female, 71.3%Male, 66.6% Female, 33.4%
Race ratioBlack or African American, 11.1% Unknown, 2.4% Hispanic or Latino, 9.0% Asian, 5.4% White, 71.7% American Indian and Alaska Native, 0.4%Black or African American, 13.0% Unknown, 4.4% Hispanic or Latino, 16.3% Asian, 5.1% White, 60.8% American Indian and Alaska Native, 0.5%
LGBT Percentage9%10%

Differences between insurance analyst and insurance adjuster duties and responsibilities

Insurance analyst example responsibilities.

  • Cold-Cal to generate leads for individual life and disability insurance and annuities.
  • Organize and examine medical records for physical therapy clinics for patients, attorneys and disability insurance claims.
  • Verify insurance benefits for specialty medications cover under both pharmacy and major medical benefits and communicate coverage to patients and physicians.
  • Prepare project kickoff PowerPoint presentation for client site visits.
  • Review retail and wholesale files to submit to FHA for HUD insuring.
  • Provide supporting documentation and reconciliation reports for monthly close and billing using GAAP.
  • Show more

Insurance adjuster example responsibilities.

  • Achieve targeted performance goals in every aspect to manage costs and support Allstate's industry-leading operational standards.
  • Manage and dispose of claims in litigation by preparing and developing strategy with defense counsel and consensus relative to litigation handling.
  • Train in Xactimate estimation and sketch programs.
  • Manage and dispose of claims in litigation by preparing and developing strategy with defense counsel and consensus relative to litigation handling.
  • Skil in complex arbitration and mediation negotiations.
  • Recommend files for arbitration or litigation base on evidence available and inability to compromise with adverse party.
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Insurance analyst vs insurance adjuster skills

Common insurance analyst skills
  • Insurance Coverage, 11%
  • Insurance Policies, 8%
  • Life Insurance, 6%
  • Patients, 5%
  • Health Insurance, 5%
  • PowerPoint, 5%
Common insurance adjuster skills
  • Insurance Policies, 15%
  • Customer Service, 15%
  • Liability Claims, 9%
  • Auto Claims, 7%
  • Catastrophe Claims, 5%
  • Public Adjusters, 4%

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