Underwriting clerk vs claims adjuster

The differences between underwriting clerks and claims adjusters can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become an underwriting clerk, becoming a claims adjuster takes usually requires 2-4 years. Additionally, a claims adjuster has an average salary of $51,116, which is higher than the $32,630 average annual salary of an underwriting clerk.

The top three skills for an underwriting clerk include insurance policies, data entry and insurance coverage. The most important skills for a claims adjuster are insurance carriers, auto claims, and customer service.

Underwriting clerk vs claims adjuster overview

	Underwriting Clerk	Claims Adjuster
Yearly salary	$32,630	$51,116
Hourly rate	$15.69	$24.57
Growth rate	-3%	-6%
Number of jobs	68,040	13,221
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 37%	Bachelor's Degree, 66%
Average age	44	44
Years of experience	2	4

Underwriting clerk vs claims adjuster salary

Underwriting clerks and claims adjusters have different pay scales, as shown below.

	Underwriting Clerk	Claims Adjuster
Average salary	$32,630	$51,116
Salary range	Between $27,000 And $38,000	Between $40,000 And $64,000
Highest paying City	-	Los Angeles, CA
Highest paying state	-	New Jersey
Best paying company	-	Merchants Insurance Group
Best paying industry	-	Insurance

Differences between underwriting clerk and claims adjuster education

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

	Underwriting Clerk	Claims Adjuster
Most common degree	Bachelor's Degree, 37%	Bachelor's Degree, 66%
Most common major	Business	Business
Most common college	Stanford University	Stanford University

Underwriting clerk vs claims adjuster demographics

Here are the differences between underwriting clerks' and claims adjusters' demographics:

	Underwriting Clerk	Claims Adjuster
Average age	44	44
Gender ratio	Male, 17.1% Female, 82.9%	Male, 45.1% Female, 54.9%
Race ratio	Black or African American, 13.8% Unknown, 4.3% Hispanic or Latino, 14.4% Asian, 3.9% White, 63.2% American Indian and Alaska Native, 0.5%	Black or African American, 11.8% Unknown, 4.4% Hispanic or Latino, 16.8% Asian, 5.2% White, 61.2% American Indian and Alaska Native, 0.5%
LGBT Percentage	11%	10%

Differences between underwriting clerk and claims adjuster duties and responsibilities

Underwriting clerk example responsibilities.

Process documentation within manage database systems and ImageRight system for the legal binding of commercial insurance risk.
Audit claims for correct ICD-9, CPT and diagnosis codes ..
Order MVRs from the DMV and match it with each application for underwriter review.
Interface with DMV to obtain legal records and research property records.
Perform basic business office duties and handle highly confidential documents regarding doctor s prognosis and medical history of patients.
Programme database for providing dial tone and features to Missouri residential and business customers.Troubleshoot and resolve problems with phone lines.

Claims adjuster example responsibilities.

Achieve targeted performance goals to manage costs and support Allstate's industry-leading operational standards.
Maintain a full caseload of WC files for a Louisiana customer, for six months, while managing this team.
Manage California branch operations including supervision of 5 WC adjusting and support staff
Apply strong customer service, organizational and multitasking skills to efficiently manage auto insurance claims.
Manage strict confidentiality of documents and comply with HIPAA regulations stipulate by the facility and government.
Manage file inventory by utilizing CCC pathways diary system documenting claim file activities in accordance with establish procedures

Underwriting clerk vs claims adjuster skills

Common underwriting clerk skills

Insurance Policies, 33%
Data Entry, 26%
Insurance Coverage, 11%
Motor Vehicle, 6%
DMV, 4%
Insurance Applications, 4%

Common claims adjuster skills

Insurance Carriers, 13%
Auto Claims, 8%
Customer Service, 8%
Litigation, 7%
Xactimate, 6%
Claims Handling, 5%