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Property adjuster vs total loss specialist

The differences between property adjusters and total loss specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a property adjuster and a total loss specialist. Additionally, a property adjuster has an average salary of $54,661, which is higher than the $51,718 average annual salary of a total loss specialist.

The top three skills for a property adjuster include customer service, xactimate and claims handling. The most important skills for a total loss specialist are customer service, HR, and outbound calls.

Property adjuster vs total loss specialist overview

Property AdjusterTotal Loss Specialist
Yearly salary$54,661$51,718
Hourly rate$26.28$24.86
Growth rate-6%-6%
Number of jobs12,28633,617
Job satisfaction--
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 60%
Average age4444
Years of experience44

What does a property adjuster do?

Typically working for insurance companies, a property adjuster specializes in inspecting property damages to assess and determine a company's financial obligations. Their responsibilities revolve around reaching out to clients through calls and correspondence, arranging appointments, gathering and verifying data, and traveling to different locations to meet with clients. They may also negotiate settlements and authorize payments in adherence to the company's policies and regulations. Furthermore, as a property adjuster, it is essential to have a deep understanding of property costs to ensure the accuracy of claims.

What does a total loss specialist do?

As a Total Loss Specialist, your job will involve appraising the damage and determining the salvage value on the total-loss vehicle. You will be tasked with examining the damaged vehicle to ascertain the extent of damage done to its body and structure and other mechanical, electrical, and internal damage. You'd also have to arrange with another appraiser to resolve any disagreement with the shop on the cost of repair after determining the extent of the damage to the vehicle.

Property adjuster vs total loss specialist salary

Property adjusters and total loss specialists have different pay scales, as shown below.

Property AdjusterTotal Loss Specialist
Average salary$54,661$51,718
Salary rangeBetween $39,000 And $76,000Between $32,000 And $81,000
Highest paying CitySan Francisco, CA-
Highest paying stateAlaska-
Best paying companyThe Hanover Insurance Group-
Best paying industryInsurance-

Differences between property adjuster and total loss specialist education

There are a few differences between a property adjuster and a total loss specialist in terms of educational background:

Property AdjusterTotal Loss Specialist
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 60%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Property adjuster vs total loss specialist demographics

Here are the differences between property adjusters' and total loss specialists' demographics:

Property AdjusterTotal Loss Specialist
Average age4444
Gender ratioMale, 67.6% Female, 32.4%Male, 35.7% Female, 64.3%
Race ratioBlack or African American, 12.4% Unknown, 4.4% Hispanic or Latino, 16.6% Asian, 5.2% White, 60.9% American Indian and Alaska Native, 0.5%Black or African American, 14.1% Unknown, 4.4% Hispanic or Latino, 15.7% Asian, 5.4% White, 59.9% American Indian and Alaska Native, 0.5%
LGBT Percentage10%10%

Differences between property adjuster and total loss specialist duties and responsibilities

Property adjuster example responsibilities.

  • Apply strong customer service, organizational and multitasking skills to efficiently manage auto insurance claims.
  • Complete property appraisals on residential dwelling and commercial property including business interruption and business personal property using Xactimate program.
  • Analyze homes, automobiles, boats, RV's, etc.
  • Issue payments via ECS system.
  • Experience in CCC estimating software systems.
  • Experience with CCC pathways estimating system.
  • Show more

Total loss specialist example responsibilities.

  • Analyze and support development and execution of underwriting, automation and operational strategies to efficiently and effectively manage the portfolio.
  • Work with SIU to flag fraud and mitigate fraudulent payouts.
  • Clean, pack and organize the SIU office and files.
  • Participate in utilizing inter-company arbitration.
  • Participate in utilizing inter-company arbitration.

Property adjuster vs total loss specialist skills

Common property adjuster skills
  • Customer Service, 17%
  • Xactimate, 11%
  • Claims Handling, 6%
  • State Regulations, 6%
  • Strong Analytical, 5%
  • Litigation, 5%
Common total loss specialist skills
  • Customer Service, 22%
  • HR, 16%
  • Outbound Calls, 7%
  • Inbound Calls, 6%
  • Insurance Claims, 4%
  • Training Sessions, 4%

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