Insurance Claims Adjuster
Insurance Claims Adjuster Job Description
Insurance Adjusters, Examiners, and Investigators Investigate, analyze, and determine the extent of insurance company’s liability concerning personal, casualty, or property loss or damages, and attempt to effect settlement with claimants. Correspond with or interview medical specialists, agents, witnesses, or claimants to compile information. Calculate benefit payments and approve payment of claims within a certain monetary limit.
Insurance Claims Adjuster Salary Statistics as of 2015
Average annual salary for a Insurance Claims Adjuster is $47623 based on statistics in the U.S. as of 2015. The highest salary recorded was $69091. The lowest salary reported was $33974. These figures will vary on a state to state basis as these are averages across all 50 states.
Median hourly wage for a Insurance Claims Adjuster is $13.53 based on statistics in the U.S. as of 2015. The highest hourly rate recorded was $19.13. The lowest hourly rate recorded was $7.93. These figures will vary on a state to state basis as these are averages across all 50 states.
Bonuses for a Insurance Claims Adjuster are based on the years of experience using statistics from the U.S. as of 2015. The average bonus recorded was $2463 from people with 15+ years of experience. The average bonus recorded was $101.74 from people with under 1 year of experience.
These are the highest paying states for a Insurance Claims Adjuster. These numbers are based of the median annual salary as of 2015.
California – $39,291 – $70,802
Florida – $33,294 – $63,721
Georgia – $37,050 – $70,469
Illinois – $35,005 – $67,108
New York – $37,182 – $70,068
Pennsylvania – $33,894 – $68,836
Texas – $34,820 – $66,800
These are the highest paying cities for a Insurance Claims Adjuster. These numbers are based of the median annual salary as of 2015.
Dallas, Texas –
Atlanta, Georgia –
Tampa, Florida –
Houston, Texas –
Chicago, Illinois –
Orlando, Florida –
Miami, Florida –
This chart outlines the average annual salary of a Insurance Claims Adjuster from the past 5 years. In 2015 the average annual salary was $47623 while in 2007 it was just $44164.72
Requirements
There is always a steady demand for insurance adjusters. Insurance companies seem to be hiring on a regular basis. Recent economic troubles have slowed down the insurance industry somewhat, but demand for new employees is increasing slowly. It is expected to rise in the near future. Population growth will definitely help. Vehicle owners are required by law to have insurance, so this is a steady source of insurance need. As the increased population requires health and home owners insurance there will be even more adjuster positions created. This leads to an increase in businesses, which will also need insurance.
Requirements
There are a few basic requirements needed to get a job as an insurance adjuster. One can take a course on the subject from online classes or in a traditional school offering the course. Once this is completed, the student can go on to get their insurance adjuster license. As this person gains work experience, and possibly with further education, their insurance adjuster salary can increase.
Job Outlook
Gender Statistics |
Related Jobs |
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59%
41%
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Based on our stats gathered across the U.S. 59% of Insurance Claims Adjusters were males while 41% were females. These numbers are based on averages across all states combined. Some individual states may have a much different ratio however.
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Past Jobs Claims Adjuster / Examiner / Investigator |
Future Jobs Claims Adjuster / Examiner / Investigator |
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