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Insurance producer vs adjuster

The differences between insurance producers and adjusters can be seen in a few details. Each job has different responsibilities and duties. Additionally, an insurance producer has an average salary of $65,112, which is higher than the $49,396 average annual salary of an adjuster.

The top three skills for an insurance producer include casualty insurance, customer service and develop leads. The most important skills for an adjuster are customer service, strong customer service, and litigation.

Insurance producer vs adjuster overview

Insurance ProducerAdjuster
Yearly salary$65,112$49,396
Hourly rate$31.30$23.75
Growth rate6%-6%
Number of jobs44,9227,936
Job satisfaction--
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 62%
Average age4644
Years of experience-4

What does an insurance producer do?

An insurance producer is responsible for selling and buying financial services and products for an insurance company. They negotiate issues regarding health, life insurance, and other properties. Also, an insurance producer maintains a good relationship between clients and prospective clients by offering the best insurance service and ensuring that all the policies and guidelines are fully followed.

What does an adjuster do?

An adjuster is responsible for evaluating the extent of loss in the company by calculating the damage costs, determining the settlement payment to the client, and managing the reputation of the company for claims accountability. Adjusters must have extensive knowledge of the insurance principles and processes, following the state and federal regulations to protect clients and the business from insurance fraud. They collect documents from different organizations, perform field research, and interview witnesses to verify the accuracy of claims statement.

Insurance producer vs adjuster salary

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

Insurance ProducerAdjuster
Average salary$65,112$49,396
Salary rangeBetween $45,000 And $93,000Between $35,000 And $68,000
Highest paying CityMadison, WIParsippany-Troy Hills, NJ
Highest paying stateWisconsinNew Jersey
Best paying companyDahl ConsultingFCCI
Best paying industryReal EstateInsurance

Differences between insurance producer and adjuster education

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

Insurance ProducerAdjuster
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 62%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaStanford University

Insurance producer vs adjuster demographics

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

Insurance ProducerAdjuster
Average age4644
Gender ratioMale, 51.9% Female, 48.1%Male, 56.9% Female, 43.1%
Race ratioBlack or African American, 9.5% Unknown, 3.6% Hispanic or Latino, 16.1% Asian, 4.9% White, 65.8% American Indian and Alaska Native, 0.1%Black or African American, 12.2% Unknown, 4.4% Hispanic or Latino, 16.3% Asian, 5.1% White, 61.4% American Indian and Alaska Native, 0.5%
LGBT Percentage7%10%

Differences between insurance producer and adjuster duties and responsibilities

Insurance producer example responsibilities.

  • Used consultative upselling techniques to provide leads
  • Facilitate communications between doctors, hospitals, third party insurance companies and patients to obtain and verify patient billing information.
  • Deliver on the GEICO promise to customers by solving problems and giving competent insurance advice in a courteous and proficient manner.

Adjuster example responsibilities.

  • Manage strict confidentiality of documents and comply with HIPAA regulations stipulate by the facility and government.
  • Review evidence obtain in liability investigations to evaluate a claim for success in recovery through litigation or arbitration.
  • Document measurements and relevant data to author estimates and appraisals utilizing Xactimate 28software.
  • Charge with answering and defending policy holders and company interests through independent and binding third-party arbitration proceedings.
  • Review departmental reports and financial data; prepare reports of findings, negotiating settlement demands or recommending litigation.
  • Prepare computerize estimates utilizing Xactimate and document all activity associate with the claim in clients web base claims management system.
    • Show more

Insurance producer vs adjuster skills

Common insurance producer skills
  • Casualty Insurance, 7%
  • Customer Service, 7%
  • Develop Leads, 6%
  • Health Insurance, 6%
  • Financial Services, 5%
  • Phone Calls, 5%
Common adjuster skills
  • Customer Service, 19%
  • Strong Customer Service, 7%
  • Litigation, 7%
  • Liability Claims, 6%
  • Policy Coverage, 6%
  • Insurance Claims, 4%

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Updated January 8, 2025

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