Claims adjusters, appraisers, examiners, & investigators

Detailed Occupation

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2020 Workforce

331k

Average Age

43.3

Average Salary

$62,169

Average Male Salary

$70,030

Average Female Salary

$57,026

About

Claims adjusters, appraisers, examiners, & investigators are most often employed by the Insurance carriers industry. The average yearly wage for Claims adjusters, appraisers, examiners, & investigators was $62,169 in 2016. The top 3 most similar occupations to Claims adjusters, appraisers, examiners, & investigators by wage are Broadcast announcers and radio disc jockeys, Other healthcare practitioners & technical Occupations, and Pumping station operators.

Claims adjusters, appraisers, examiners, & investigators are part of the Business & financial operations occupations, along with Agents & business managers of artists, performers, & athletes, Buyers & purchasing agents, farm products, Wholesale & retail buyers, except farm products, Purchasing agents, except wholesale, retail, & farm products, Claims adjusters, appraisers, examiners, & investigators, and 24 more.

The top 3 locations that employ the most Claims adjusters, appraisers, examiners, & investigators are McLean County PUMA, IL, Hillsborough County (South County) PUMA, FL, and Tempe (South) & Chandler (Northwest) Cities PUMA, AZ. The top 3 locations with a relatively high concentration of Claims adjusters, appraisers, examiners, & investigators are Tempe (South) & Chandler (Northwest) Cities PUMA, AZ, McLean County PUMA, IL, and Seminole County (North Central) PUMA, FL.

Employment

Information on the businesses and industries that employ Claims adjusters, appraisers, examiners, & investigators and on wages and locations for those in the field. Insurance carriers is the industry that employs the most Claims adjusters, appraisers, examiners, & investigators, both by share and by number, though the highest paid industry for Claims adjusters, appraisers, examiners, & investigators, by average wage, is Commercial, industrial & other intangible assets rental & leasing. Claims adjusters, appraisers, examiners, & investigators are paid most in Austin City (Northwest) PUMA, TX but are relatively concentrated in Tempe (South) & Chandler (Northwest) Cities PUMA, AZ.

Yearly Wage

$62,169

AVERAGE SALARY

± $1,657

In 2020, Claims adjusters, appraisers, examiners, & investigators earned an average of $62,169, $6,215 more than than the average national salary of $55,954.

Other healthcare practitioners & technical Occupations make somewhat more than Claims adjusters, appraisers, examiners, & investigators while Broadcast announcers and radio disc jockeys make somewhat less. This chart shows the various occupations closest to Claims adjusters, appraisers, examiners, & investigators as measured by average annual salary in the US.

Wage Distribution

0.267

WAGE GINI

In 2015, Claims adjusters, appraisers, examiners, & investigators had a wage GINI coefficient of 0.267, which is lower than than the national average of 0.478. In other words, wages are distributed more evenly for Claims adjusters, appraisers, examiners, & investigators (shown in red) than for the overall labor force (shown in gray).

Wage by Location

HIGHEST PAYING PUMAS

This map shows the Public Use Microdata Areas (PUMAs) in the United States shaded by average annual wage for Claims adjusters, appraisers, examiners, & investigators.

Spatial Concentration

PUMAs with a Relatively High Concentration of Claims adjusters, appraisers, examiners, & investigators

This map displays which Public Use Microdata Areas (PUMAs) in the United States have a relatively high population of Claims adjusters, appraisers, examiners, & investigators.

Most Common

The most common industries employing Claims adjusters, appraisers, examiners, & investigators, by number of employees, are Insurance carriers, Agencies, brokerages, and other insurance related activities, Administration of human resource programs, Automotive repair & maintenance, General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals, Administration of economic programs & space research, Banking & related activities, Securities, commodities, funds, trusts & other financial investments, Executive offices & legislative bodies, Public finance activities, and Individual & family services.

Highest Paying

The highest paying industries for Claims adjusters, appraisers, examiners, & investigators, by average wage, are Commercial, industrial & other intangible assets rental & leasing, Bus service & urban transit, and Electric power generation, transmission & distribution.

Industries by Share

331k

2020 Workforce

± 14,114

5.07%

1 YEAR GROWTH

± 5.81%

The number of people employed as Claims adjusters, appraisers, examiners, & investigators has been growing at a rate of 5.07%, from 315,227 people in 2019 to 331,221 people in 2020.

This graphic shows the share of Claims adjusters, appraisers, examiners, & investigators employed by various industries. Insurance carriers employs the largest share of Claims adjusters, appraisers, examiners, & investigators at 69.8%, followed by Agencies, brokerages, and other insurance related activities with 12.4% and Administration of human resource programs with 3.67%.

Diversity

Demographic information on Claims adjusters, appraisers, examiners, & investigators in the US. The average age of male Claims adjusters, appraisers, examiners, & investigators in the workforce is 43.3 and of female Claims adjusters, appraisers, examiners, & investigators is 43.3, and the most common race/ethnicity for Claims adjusters, appraisers, examiners, & investigators is White (Non-Hispanic).

Composition by Sex

131k

MALE WORKFORCE

± 8,882

200k

FEMALE WORKFORCE

± 10,978

60.4% of Claims adjusters, appraisers, examiners, & investigators are Female, making them the more common sex in the occupation. This chart shows the sex breakdown of Claims adjusters, appraisers, examiners, & investigators.

Race & Ethnicity

Most Common Race or Ethnicity of Claims adjusters, appraisers, examiners, & investigators

White (Non-Hispanic)
Black (Non-Hispanic)
White (Hispanic)

63.8% of Claims adjusters, appraisers, examiners, & investigators are White (Non-Hispanic), making that the most common race or ethnicity in the occupation. Representing 17% of Claims adjusters, appraisers, examiners, & investigators, Black (Non-Hispanic) is the second most common race or ethnicity in this occupation. This chart shows the racial and ethnic breakdown of Claims adjusters, appraisers, examiners, & investigators.

Age by Sex

43.3

AVERAGE MALE AGE

± 0.86

43.3

AVERAGE FEMALE AGE

± 0.659

The median age of Claims adjusters, appraisers, examiners, & investigators is 43.3, and Male employees are generally 0.0657 years younger than than their Female counterparts.

Education

Data on higher education choices for Claims adjusters, appraisers, examiners, & investigators from The Department of Education and Census Bureau. The most common major for Claims adjusters, appraisers, examiners, & investigators is Business but a relatively high number of Claims adjusters, appraisers, examiners, & investigators hold a major in Protective Services.

Majors

ACS PUMS data only shows the major for bachelor's degrees. However, we can filter the data based on highest degree obtained.

MOST COMMON MAJORS

MOST SPECIALIZED MAJORS

Skills

Data on the critical and distinctive skills necessary for Claims adjusters, appraisers, examiners, & investigators from the Bureau of Labor Statistics. Claims adjusters, appraisers, examiners, & investigators need many skills, but most especially Reading Comprehension, Critical Thinking, and Active Listening. The revealed comparative advantage (RCA) shows that Claims adjusters, appraisers, examiners, & investigators need more than the average amount of Management of Financial Resources, Negotiation, and Mathematics.