Other Compensation

• Most insurance adjuster positions come with a variety of other types of compensation. The majority of insurance adjuster jobs provide medical, dental and vision insurance. However, there is a small portion of the industry (10 percent) that does not offer any health insurance whatsoever.
  
  Further, most companies that employ insurance adjusters provide them with additional bonuses and benefits. The benefits include a laptop computer, smartphone and a car or reimbursement for travel expenses.
  
  Some insurance adjusters additionally receive part of their compensation through bonuses or commissions, those these methods traditionally account for only 8 to 10 percent of an individual's compensation each.
  
  

Location

• The Bureau of Labor Statistics reports that Pennsylvania employs the most people as insurance adjusters, with 15,750 people holding this job at an average pay of $55,870 ($26.86 per hour). Other states boasting large numbers of insurance adjusters are Connecticut ($60,360), Iowa ($52,470), Maine ($52,980) and Kansas ($53,260).
  
  The District of Columbia pays the best of any place in the United States at $68,110 ($32.74 per hour), but only 1,060 people were employed there as insurance adjusters. High-paying states include New Jersey ($65,950), Illinois ($64,090), Vermont ($63,190) and New York ($62,940).
  
  

Education

• Entrance into the field through education and experience is widely varied and can vastly affect the potential earning potential of an insurance adjuster. A bachelor's degree is standard for an insurance adjuster. Those with a Bachelor of Arts in psychology traditionally make the least, with a salary range from $35,681 to $53,253. Those with a bachelor's in business administration have the highest earning salary range from between $43,346 to $64,721.
  
  

Industries

• There are many common industries that employ insurance adjusters. With nearly half of the job market at 134,840, insurance carriers employ by far the largest portion of this field, with an average wage of $56,980 ($27.39). Other common industries include agencies, brokerages and other insurance-related activities with 69,660 at $56,120 ($26.98 per hour) and the federal executive branch with 39,930 at $64,120 ($30.82 per hour).
  
  The most lucrative fields for insurance adjusters, though, according to the Bureau of Labor Statistics, are individual and family services ($68,650) and natural gas distribution ($67,970).
  
  

Advancement

• More than half of insurance adjusters (62 percent) have held their job for one to nine years. Many opportunities for advancement in this industry exist. Common advancements include insurance claims representative, claims supervisor, and claims manager. These jobs require experience within the industry and ability to lead others. Further, to unlock their upper earning potential, most positions will require an MBA with a focus in insurance.