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Senior claims adjuster vs total loss specialist

The differences between senior claims 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 senior claims adjuster and a total loss specialist. Additionally, a senior claims adjuster has an average salary of $58,688, which is higher than the $51,718 average annual salary of a total loss specialist.

The top three skills for a senior claims adjuster include customer service, litigation and coverage issues. The most important skills for a total loss specialist are customer service, HR, and outbound calls.

Senior claims adjuster vs total loss specialist overview

Senior Claims AdjusterTotal Loss Specialist
Yearly salary$58,688$51,718
Hourly rate$28.22$24.86
Growth rate-6%-6%
Number of jobs11,49533,617
Job satisfaction2-
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 60%
Average age4444
Years of experience44

What does a senior claims adjuster do?

A senior claims adjuster is in charge of inspecting and analyzing insurance claims to validate and adjust payments. Among their responsibilities include reviewing and verifying claims documents, visiting sites to investigate property damages and personal injuries, gathering evidence such as photos and videos, and conducting interviews with witnesses and clients. Moreover, as a senior claims adjuster, it is essential to lead and serve as a mentor to fellow claims adjusters while enforcing and promoting the company's policies and regulations.

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.

Senior claims adjuster vs total loss specialist salary

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

Senior Claims AdjusterTotal Loss Specialist
Average salary$58,688$51,718
Salary rangeBetween $37,000 And $91,000Between $32,000 And $81,000
Highest paying CityRoseville, CA-
Highest paying stateNew Jersey-
Best paying companyEMC Insurance-
Best paying industryInsurance-

Differences between senior claims adjuster and total loss specialist education

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

Senior Claims AdjusterTotal Loss Specialist
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 60%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Senior claims adjuster vs total loss specialist demographics

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

Senior Claims AdjusterTotal Loss Specialist
Average age4444
Gender ratioMale, 48.2% Female, 51.8%Male, 35.7% Female, 64.3%
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, 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 senior claims adjuster and total loss specialist 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

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.

Senior claims adjuster vs total loss specialist 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 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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