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Senior claims analyst vs adjuster

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 vs adjuster overview

Senior Claims AnalystAdjuster
Yearly salary$79,886$49,396
Hourly rate$38.41$23.75
Growth rate-6%-6%
Number of jobs21,1597,936
Job satisfaction--
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 62%
Average age4444
Years of experience64

What does a senior claims analyst do?

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.

What does an adjuster do?

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 analyst vs adjuster salary

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

Senior Claims AnalystAdjuster
Average salary$79,886$49,396
Salary rangeBetween $52,000 And $122,000Between $35,000 And $68,000
Highest paying CitySan Leandro, CAParsippany-Troy Hills, NJ
Highest paying stateHawaiiNew Jersey
Best paying companyAlameda Health SystemFCCI
Best paying industryFinanceInsurance

Differences between senior claims analyst and adjuster education

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

Senior Claims AnalystAdjuster
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 62%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Senior claims analyst vs adjuster demographics

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

Senior Claims AnalystAdjuster
Average age4444
Gender ratioMale, 30.8% Female, 69.2%Male, 56.9% Female, 43.1%
Race ratioBlack 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 Percentage10%10%

Differences between senior claims analyst and adjuster duties and responsibilities

Senior claims analyst example responsibilities.

  • Accomplish facets and Macess user including running reports.
  • Manage day-to-day operations of claims department and provide general oversight and direction of all claims activity.
  • Coordinate the maintenance of TPA payment type / code table conversions data.
  • Process claims, generate checks, create reports and correspond with TPA clients.
  • Review claims for correct billing information such as correct CPT codes, ICD code and patient information.
  • Analyze, evaluate, and conduct statistical data reviews as required by CMS in accordance with ZPIC policies.
  • Show more

Adjuster example responsibilities.

  • Manage strict confidentiality of documents and comply with HIPAA regulations stipulate by the facility and government.
  • Review evidence obtain in liability investigations to evaluate a claim for success in recovery through litigation or arbitration.
  • Document measurements and relevant data to author estimates and appraisals utilizing Xactimate 28software.
  • Charge with answering and defending policy holders and company interests through independent and binding third-party arbitration proceedings.
  • Review departmental reports and financial data; prepare reports of findings, negotiating settlement demands or recommending litigation.
  • Prepare computerize estimates utilizing Xactimate and document all activity associate with the claim in clients web base claims management system.
  • Show more

Senior claims analyst vs adjuster skills

Common senior claims analyst skills
  • Customer Service, 7%
  • Litigation, 7%
  • Medical Terminology, 6%
  • Coverage Issues, 6%
  • Policy Provisions, 5%
  • Medicaid, 5%
Common adjuster skills
  • Customer Service, 19%
  • Strong Customer Service, 7%
  • Litigation, 7%
  • Liability Claims, 6%
  • Policy Coverage, 6%
  • Insurance Claims, 4%

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