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Workers' compensation claims adjuster vs total loss specialist

The differences between workerss' compensation claims adjuster 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 workers' compensation claims adjuster and a total loss specialist. Additionally, a workers' compensation claims adjuster has an average salary of $57,583, which is higher than the $51,718 average annual salary of a total loss specialist.

The top three skills for a workers' compensation claims adjuster include customer service, claim process and compensation benefits. The most important skills for a total loss specialist are customer service, HR, and outbound calls.

Workers' compensation claims adjuster vs total loss specialist overview

Workers' Compensation Claims AdjusterTotal Loss Specialist
Yearly salary$57,583$51,718
Hourly rate$27.68$24.86
Growth rate-6%-6%
Number of jobs16,50633,617
Job satisfaction--
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 60%
Average age4444
Years of experience44

What does a workers' compensation claims adjuster do?

A worker's compensation claims adjuster is responsible for analyzing and validating compensation claims, ensuring eligibility and accuracy to authorize payments. Their responsibilities also include coordinating with different departments to gather data, liaising with internal and external parties, determining the amount of compensation, and negotiating claims. Furthermore, a worker's compensation claims adjuster may also perform administrative support tasks such as preparing progress reports and other documentation, answering calls and inquiries, maintaining records of all transactions, and training new members of the workforce.

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.

Workers' compensation claims adjuster vs total loss specialist salary

Workerss' compensation claims adjuster and total loss specialists have different pay scales, as shown below.

Workers' Compensation Claims AdjusterTotal Loss Specialist
Average salary$57,583$51,718
Salary rangeBetween $40,000 And $82,000Between $32,000 And $81,000
Highest paying CitySacramento, CA-
Highest paying stateRhode Island-
Best paying companyThe Travelers Companies-
Best paying industryFinance-

Differences between workers' compensation claims adjuster and total loss specialist education

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

Workers' Compensation Claims AdjusterTotal Loss Specialist
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 60%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Workers' compensation claims adjuster vs total loss specialist demographics

Here are the differences between workerss' compensation claims adjuster' and total loss specialists' demographics:

Workers' Compensation Claims AdjusterTotal Loss Specialist
Average age4444
Gender ratioMale, 27.4% Female, 72.6%Male, 35.7% Female, 64.3%
Race ratioBlack or African American, 11.0% Unknown, 4.4% Hispanic or Latino, 16.4% Asian, 5.1% White, 62.6% 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 workers' compensation claims adjuster and total loss specialist duties and responsibilities

Workers' compensation claims adjuster example responsibilities.

  • Manage OSHA logs and insure ongoing awareness for warehouse safety and risk management guidelines
  • Manage litigation, pay timely compensation, file necessary state forms timely, negotiate appropriate settlements within company assign authority.
  • Adjust complex workers' compensation claims, which include litigation management, vocational rehabilitation, medical management, and reserving practices.
  • Coordinate all medical and vocational rehabilitation services.
  • Coordinate all provide medical and vocational rehabilitation services to the catastrophically injure worker.
  • Prepare claims for hearing process order DWC.
  • 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.

Workers' compensation claims adjuster vs total loss specialist skills

Common workers' compensation claims adjuster skills
  • Customer Service, 28%
  • Claim Process, 16%
  • Compensation Benefits, 12%
  • Settlement Authority, 9%
  • Data Entry, 4%
  • Litigation, 4%
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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