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The differences between senior claims analysts and adjusters can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a senior claims analyst, becoming an adjuster takes usually requires 2-4 years. Additionally, a senior claims analyst has an average salary of $79,886, which is higher than the $49,396 average annual salary of an adjuster.
The top three skills for a senior claims analyst include customer service, litigation and medical terminology. The most important skills for an adjuster are customer service, strong customer service, and litigation.
| Senior Claims Analyst | Adjuster | |
| Yearly salary | $79,886 | $49,396 |
| Hourly rate | $38.41 | $23.75 |
| Growth rate | -6% | -6% |
| Number of jobs | 21,159 | 7,936 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 62% |
| Average age | 44 | 44 |
| Years of experience | 6 | 4 |
Senior Claims Analysts are responsible for providing support and oversight on the process of liability claims. Their duties include verifying submitted claims, assessing reimbursement policies, performing reconciliation with claims estimates, and conducting payment negotiations. They manage claims processing costs, prepare payment documents, reclassify entries, and attend to requestors' queries. Senior Claims Analyst also organizes records and assist in providing mentorship and training sessions to junior staff.
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.
Senior claims analysts and adjusters have different pay scales, as shown below.
| Senior Claims Analyst | Adjuster | |
| Average salary | $79,886 | $49,396 |
| Salary range | Between $52,000 And $122,000 | Between $35,000 And $68,000 |
| Highest paying City | San Leandro, CA | Parsippany-Troy Hills, NJ |
| Highest paying state | Hawaii | New Jersey |
| Best paying company | Alameda Health System | FCCI |
| Best paying industry | Finance | Insurance |
There are a few differences between a senior claims analyst and an adjuster in terms of educational background:
| Senior Claims Analyst | Adjuster | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 62% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between senior claims analysts' and adjusters' demographics:
| Senior Claims Analyst | Adjuster | |
| Average age | 44 | 44 |
| Gender ratio | Male, 30.8% Female, 69.2% | Male, 56.9% Female, 43.1% |
| Race ratio | Black or African American, 11.3% Unknown, 4.4% Hispanic or Latino, 16.7% Asian, 5.2% White, 62.0% American Indian and Alaska Native, 0.5% | 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 Percentage | 10% | 10% |