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Property claims adjuster vs workers' compensation claims adjuster

The differences between property claims adjusters and workerss' compensation claims adjuster 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 claims adjuster and a workers' compensation claims adjuster. Additionally, a workers' compensation claims adjuster has an average salary of $57,583, which is higher than the $54,520 average annual salary of a property claims adjuster.

The top three skills for a property claims adjuster include customer service, claims handling and xactimate. The most important skills for a workers' compensation claims adjuster are customer service, claim process, and compensation benefits.

Property claims adjuster vs workers' compensation claims adjuster overview

Property Claims AdjusterWorkers' Compensation Claims Adjuster
Yearly salary$54,520$57,583
Hourly rate$26.21$27.68
Growth rate-6%-6%
Number of jobs16,95716,506
Job satisfaction--
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 63%
Average age4444
Years of experience44

What does a property claims adjuster do?

Property Claims Adjusters are individuals who evaluate the insurance claims of their clients. They specialize in the appraisal of property-related insurance claims such as damages or other concerns. They often work outside the office, typically always on fieldwork, since their job entails them to visit the property involved in the insurance claim. Property Claims Adjusters appraise the property, check the damages, evaluate whether the claims are valid, and provide their verdict. Insurance Claims on the property are adjusted based on their recommendations and final verdict. Property claims adjusters should be familiar with building codes, property laws, and insurance guidelines.

What does a workers' compensation claims adjuster do?

A worker's compensation claims adjuster is responsible for analyzing and validating compensation claims, ensuring eligibility and accuracy to authorize payments. Their responsibilities also include coordinating with different departments to gather data, liaising with internal and external parties, determining the amount of compensation, and negotiating claims. Furthermore, a worker's compensation claims adjuster may also perform administrative support tasks such as preparing progress reports and other documentation, answering calls and inquiries, maintaining records of all transactions, and training new members of the workforce.

Property claims adjuster vs workers' compensation claims adjuster salary

Property claims adjusters and workerss' compensation claims adjuster have different pay scales, as shown below.

Property Claims AdjusterWorkers' Compensation Claims Adjuster
Average salary$54,520$57,583
Salary rangeBetween $39,000 And $74,000Between $40,000 And $82,000
Highest paying CityTrenton, NJSacramento, CA
Highest paying stateNew JerseyRhode Island
Best paying companyEMC InsuranceThe Travelers Companies
Best paying industryInsuranceFinance

Differences between property claims adjuster and workers' compensation claims adjuster education

There are a few differences between a property claims adjuster and a workers' compensation claims adjuster in terms of educational background:

Property Claims AdjusterWorkers' Compensation Claims Adjuster
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 63%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Property claims adjuster vs workers' compensation claims adjuster demographics

Here are the differences between property claims adjusters' and workerss' compensation claims adjuster' demographics:

Property Claims AdjusterWorkers' Compensation Claims Adjuster
Average age4444
Gender ratioMale, 59.2% Female, 40.8%Male, 27.4% Female, 72.6%
Race ratioBlack or African American, 11.3% Unknown, 4.4% Hispanic or Latino, 16.4% Asian, 5.1% White, 62.3% American Indian and Alaska Native, 0.5%Black or African American, 11.0% Unknown, 4.4% Hispanic or Latino, 16.4% Asian, 5.1% White, 62.6% American Indian and Alaska Native, 0.5%
LGBT Percentage10%10%

Differences between property claims adjuster and workers' compensation claims adjuster duties and responsibilities

Property claims adjuster example responsibilities.

  • Manage file inventory by utilizing CCC pathways diary system documenting claim file activities in accordance with establish procedures
  • Offer diligent investigations and evaluation of commercial and third party liability claims, investigative and litigation management.
  • Represent the insurance company in an arbitration settlement in NYC.
  • Write denial letters, reservations of rights letters, and other complex correspondence.
  • Recognize potentially fraudulent claims, utilizes SIU and other sources as needed, consults with management.
  • Negotiate with attorneys, order police reports, assist with the SIU department for possible fraud claims.
  • Show more

Workers' compensation claims adjuster example responsibilities.

  • Manage OSHA logs and insure ongoing awareness for warehouse safety and risk management guidelines
  • Manage litigation, pay timely compensation, file necessary state forms timely, negotiate appropriate settlements within company assign authority.
  • Adjust complex workers' compensation claims, which include litigation management, vocational rehabilitation, medical management, and reserving practices.
  • Coordinate all medical and vocational rehabilitation services.
  • Coordinate all provide medical and vocational rehabilitation services to the catastrophically injure worker.
  • Prepare claims for hearing process order DWC.
  • Show more

Property claims adjuster vs workers' compensation claims adjuster skills

Common property claims adjuster skills
  • Customer Service, 34%
  • Claims Handling, 11%
  • Xactimate, 8%
  • Strong Customer Service, 5%
  • Damage Estimates, 5%
  • Policy Coverage, 3%
Common workers' compensation claims adjuster skills
  • Customer Service, 28%
  • Claim Process, 16%
  • Compensation Benefits, 12%
  • Settlement Authority, 9%
  • Data Entry, 4%
  • Litigation, 4%

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