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Senior claims adjuster vs compensation adjuster

The differences between senior claims adjusters and compensation adjusters can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a senior claims adjuster and a compensation adjuster. Additionally, a compensation adjuster has an average salary of $59,246, which is higher than the $58,688 average annual salary of a senior claims adjuster.

The top three skills for a senior claims adjuster include customer service, litigation and coverage issues. The most important skills for a compensation adjuster are litigation, workers compensation claims, and medical treatment.

Senior claims adjuster vs compensation adjuster overview

Senior Claims AdjusterCompensation Adjuster
Yearly salary$58,688$59,246
Hourly rate$28.22$28.48
Growth rate-6%-6%
Number of jobs11,49515,062
Job satisfaction2-
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 58%
Average age4444
Years of experience44

Senior claims adjuster vs compensation adjuster salary

Senior claims adjusters and compensation adjusters have different pay scales, as shown below.

Senior Claims AdjusterCompensation Adjuster
Average salary$58,688$59,246
Salary rangeBetween $37,000 And $91,000Between $39,000 And $89,000
Highest paying CityRoseville, CA-
Highest paying stateNew Jersey-
Best paying companyEMC Insurance-
Best paying industryInsurance-

Differences between senior claims adjuster and compensation adjuster education

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

Senior Claims AdjusterCompensation Adjuster
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 58%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Senior claims adjuster vs compensation adjuster demographics

Here are the differences between senior claims adjusters' and compensation adjusters' demographics:

Senior Claims AdjusterCompensation Adjuster
Average age4444
Gender ratioMale, 48.2% Female, 51.8%Male, 23.6% Female, 76.4%
Race ratioBlack or African American, 11.7% Unknown, 4.4% Hispanic or Latino, 16.9% Asian, 5.2% White, 61.3% American Indian and Alaska Native, 0.5%Black or African American, 12.1% Unknown, 4.4% Hispanic or Latino, 16.5% Asian, 5.1% White, 61.4% American Indian and Alaska Native, 0.5%
LGBT Percentage10%10%

Differences between senior claims adjuster and compensation adjuster duties and responsibilities

Senior claims adjuster example responsibilities.

  • Manage file inventory by utilizing CCC pathways diary system documenting claim file activities in accordance with establish procedures
  • Experience litigation adjuster proactively investigating, evaluating, and negotiating commercial and homeowner general liability casualty and property damage liability claims.
  • Prepare and calculate consumer pensions as well as variable & fix annuities.
  • Develop relationships with other departments such as sales, underwriting, and SIU in order to meet business goals.
  • Prepare property repair estimates utilizing Xactimate estimating software.
  • Structure settlement options with annuities and Medicare set-aside programs.
  • Show more

Compensation adjuster example responsibilities.

  • Manage litigation claims including mediation and arbitration from inception to close.
  • Apply strong customer service, organizational and multitasking skills to efficiently manage auto insurance claims.
  • Compile and validate information relay to legal department for litigation arising from medical claims.
  • Research and review delinquent mortgage cases, financial scenarios and individual homeowner situations to develop solutions compliant with investor policy.
  • Close files once MMI and/or settlement reach
  • Input new CPT codes into system as changed by HIPPA law regulations.
  • Show more

Senior claims adjuster vs compensation adjuster skills

Common senior claims adjuster skills
  • Customer Service, 25%
  • Litigation, 9%
  • Coverage Issues, 6%
  • Strong Customer Service, 5%
  • Settlement Authority, 5%
  • Claims Handling, 3%
Common compensation adjuster skills
  • Litigation, 16%
  • Workers Compensation Claims, 11%
  • Medical Treatment, 7%
  • Medical Terminology, 7%
  • Disability Claims, 5%
  • Medical Bills, 5%

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