Find Business Schools

Study Area & Zipcode

Insurance Adjuster, Examiner, or Investigator

Find Schools Near

What is an Insurance Adjuster, Examiner, or Investigator?

Insurance Adjuster, Examiner, or Investigator Definition 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.

Daily Life Of an Insurance Adjuster, Examiner, or Investigator

  • Analyze information gathered by investigation and report findings and recommendations.
  • Review police reports, medical treatment records, medical bills, or physical property damage to determine the extent of liability.
  • Negotiate claim settlements and recommend litigation when settlement cannot be negotiated.
  • Collect evidence to support contested claims in court.
  • Prepare report of findings of investigation.
  • Obtain credit information from banks and other credit services.

Qualities of an Insurance Adjuster, Examiner, or Investigator

Below is a list of the skills most Insurance Adjusters, Examiners, and Investigators say are important on the job.

Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.

Reading Comprehension: Understanding written sentences and paragraphs in work related documents.

Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.

Speaking: Talking to others to convey information effectively.

Negotiation: Bringing others together and trying to reconcile differences.

Writing: Communicating effectively in writing as appropriate for the needs of the audience.

Types of Insurance Adjuster, Examiner, or Investigator Jobs

  • Claim Adjuster
  • Building Appraiser
  • Claim Specialist
  • Claims Analyst
  • Claim Inspector

Job Outlook for Insurance Adjusters, Examiners, and Investigators

In 2016, there was an estimated number of 311,100 jobs in the United States for Insurance Adjuster, Examiner, or Investigator. There is little to no growth in job opportunities for Insurance Adjuster, Examiner, or Investigator. There will be an estimated 24,500 positions for Insurance Adjuster, Examiner, or Investigator per year.

undefined

The states with the most job growth for Insurance Adjuster, Examiner, or Investigator are Utah, Arizona, and Colorado. Watch out if you plan on working in Maine, District of Columbia, or Mississippi. These states have the worst job growth for this type of profession.

Insurance Adjuster, Examiner, or Investigator Average Salary

The salary for Insurance Adjusters, Examiners, and Investigators ranges between about $39,620 and $98,660 a year.

undefined

Insurance Adjusters, Examiners, and Investigators who work in Connecticut, Massachusetts, or New Jersey, make the highest salaries.

Below is a list of the median annual salaries for Insurance Adjusters, Examiners, and Investigators in different U.S. states.

State Annual Mean Salary
Alabama $65,060
Alaska $73,370
Arizona $67,340
Arkansas $61,930
California $71,720
Colorado $72,460
Connecticut $78,590
Delaware $63,440
District of Columbia $74,210
Florida $62,840
Georgia $65,430
Hawaii $62,860
Idaho $63,020
Illinois $65,980
Indiana $63,480
Iowa $62,750
Kansas $67,570
Kentucky $55,820
Louisiana $66,440
Maine $60,980
Maryland $72,050
Massachusetts $76,150
Michigan $67,860
Minnesota $65,760
Mississippi $62,700
Missouri $66,340
Montana $55,970
Nebraska $61,050
Nevada $65,510
New Hampshire $71,190
New Jersey $74,260
New Mexico $63,890
New York $71,950
North Carolina $62,580
North Dakota $58,580
Ohio $65,890
Oklahoma $61,670
Oregon $67,750
Pennsylvania $67,730
Rhode Island $71,950
South Carolina $62,950
South Dakota $61,490
Tennessee $60,550
Texas $69,560
Utah $59,330
Vermont $66,240
Virginia $63,640
Washington $72,340
West Virginia $57,030
Wisconsin $63,420
Wyoming $65,300

What Tools & Technology do Insurance Adjusters, Examiners, and Investigators Use?

Below is a list of the types of tools and technologies that Insurance Adjusters, Examiners, and Investigators may use on a daily basis:

  • Microsoft Excel
  • Microsoft Word
  • Microsoft Office
  • Medical procedure coding software
  • Healthcare common procedure coding system HCPCS
  • Document management system software
  • Hyland OnBase Enterprise Content Management
  • CGI-AMS BureauLink Enterprise
  • Axonwave Fraud and Abuse Management System
  • Bill review software
  • CCC GuidePost Decision Support
  • CSC Fault Evaluator
  • Fair Isaac SmartAdvisor
  • First Notice Systems ClaimCapture
  • Hummingbird Legal Bill Review
  • IBM Fraud and Abuse Management System
  • ISO ClaimSearch
  • ISO NetMap for Claims
  • LexisNexis RiskWise
  • StrataCare StrataWare eReview

How do I Become an Insurance Adjuster, Examiner, or Investigator?

What education is needed to be an Insurance Adjuster, Examiner, or Investigator?

undefined

How many years of work experience do I need?

undefined

Insurance Adjusters, Examiners, and Investigators Sector

undefined

The table below shows the approximate number of Insurance Adjusters, Examiners, and Investigators employed by various industries.

undefined

Other Jobs You May be Interested In

Those thinking about becoming an Insurance Adjuster, Examiner, or Investigator might also be interested in the following careers:

Are you already one of the many Insurance Adjuster, Examiner, or Investigator in the United States? If you’re thinking about changing careers, these fields are worth exploring:

References:

Image Credit: Nick Youngson via Creative Commons 3 - CC BY-SA 3.0

More about our data sources and methodologies.

Featured Schools

You have goals. Southern New Hampshire University can help you get there. Whether you need a bachelor's degree to get into a career or want a master's degree to move up in your current career, SNHU has an online program for you. Find your degree from over 200 online programs.

Visit School

Find Business Schools Near You

Our free school finder matches students with accredited business colleges across the U.S.