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Worker's compensation claims examiner vs appraiser

The differences between workers's compensation claims examiner and appraisers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a worker's compensation claims examiner, becoming an appraiser takes usually requires 2-4 years. Additionally, a worker's compensation claims examiner has an average salary of $53,581, which is higher than the $42,223 average annual salary of an appraiser.

The top three skills for a worker's compensation claims examiner include rehabilitation, social security and litigation. The most important skills for an appraiser are commercial property, appraisal reports, and customer service.

Worker's compensation claims examiner vs appraiser overview

Worker's Compensation Claims ExaminerAppraiser
Yearly salary$53,581$42,223
Hourly rate$25.76$20.30
Growth rate-6%7%
Number of jobs15,0021,186
Job satisfaction--
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 62%
Average age4449
Years of experience64

What does a worker's compensation claims examiner do?

Worker's Compensation Claims Examiners are responsible for managing the overall process of compensation claims for workers. They review accurate submission of claim documents, determine the appropriateness of compensation, and finalize the amount before authorizing payment to the respective worker. Other duties include ensuring claims adhere to workers' compensation law and follow proper guidelines. A Worker Compensation Claims Examiner normally work for life insurance or health companies.

What does an appraiser do?

An appraiser is someone who assesses the monetary value of a property such as an automobile, real property, and personal claim. His/Her or her responsibilities include resolving disparities between a property's monetary values and preparing narrative reports for projects. The essential skills that an appraiser should possess to accomplish such responsibilities include a keen eye for details, strong communication, analytical, and problem-solving skills, and the ability to work under pressure. The education requirements for the job vary depending on the area of focus.

Worker's compensation claims examiner vs appraiser salary

Workers's compensation claims examiner and appraisers have different pay scales, as shown below.

Worker's Compensation Claims ExaminerAppraiser
Average salary$53,581$42,223
Salary rangeBetween $33,000 And $84,000Between $29,000 And $59,000
Highest paying CitySan Francisco, CASan Mateo, CA
Highest paying stateCaliforniaCalifornia
Best paying companyZurichCity National Bank
Best paying industryFinanceInsurance

Differences between worker's compensation claims examiner and appraiser education

There are a few differences between a worker's compensation claims examiner and an appraiser in terms of educational background:

Worker's Compensation Claims ExaminerAppraiser
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 62%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Worker's compensation claims examiner vs appraiser demographics

Here are the differences between workers's compensation claims examiner' and appraisers' demographics:

Worker's Compensation Claims ExaminerAppraiser
Average age4449
Gender ratioMale, 25.0% Female, 75.0%Male, 67.8% Female, 32.2%
Race ratioBlack or African American, 10.7% Unknown, 4.4% Hispanic or Latino, 16.5% Asian, 5.1% White, 62.8% American Indian and Alaska Native, 0.5%Black or African American, 4.6% Unknown, 3.9% Hispanic or Latino, 6.8% Asian, 2.9% White, 81.5% American Indian and Alaska Native, 0.4%
LGBT Percentage10%8%

Differences between worker's compensation claims examiner and appraiser duties and responsibilities

Worker's compensation claims examiner example responsibilities.

  • Manage all aspects of claims, including heavy litigation and vocational rehabilitation cases.
  • Negotiate settlements and actively manage the litigation process and process complex and technically difficult claims.
  • Determine benefits when processing medical claims receive as HCFA and UB92 paper claims or electronically.
  • Set up vehicle inspections, and rental reservations as a part of the claim settlement process.
  • Handle incoming calls from customers and providers with policy changes and claim status updates and maintain HIPAA.
  • Process claim forms, adjudicates for provision of deductibles, co-pays, co-insurance maximums and provider settlements and Medicaid claims.
  • Show more

Appraiser example responsibilities.

  • Cross-Train in numerous banking/lending fields relate to real property appraisal such as underwriting, loan processing, and loan origination.
  • Experience in appraising single family residences, condominiums, raw land, develop lots, construction appraisals, and final inspections.
  • Complete commercial appraisal assignments in Illinois under a supervising MAI.
  • Prepare analysis of valuation issues for federal agency rent appeals, federal acquisitions, and litigation.
  • Provide oversight of the appraisers, to insure they are FHA approve.
  • Handle total losses by obtaining CCC reports, obtaining DMV documents and contacting lien holders.
  • Show more

Worker's compensation claims examiner vs appraiser skills

Common worker's compensation claims examiner skills
  • Rehabilitation, 22%
  • Social Security, 16%
  • Litigation, 15%
  • Medical Management, 9%
  • Workers Compensation Claims, 9%
  • TPA, 4%
Common appraiser skills
  • Commercial Property, 13%
  • Appraisal Reports, 12%
  • Customer Service, 7%
  • MAI, 6%
  • Discounted Cash Flow, 5%
  • Market Research, 4%

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