
New York insurance adjusters can expect a median salary of $83,000 per year, according to the Bureau of Labor Statistics.
The salary range for insurance adjusters in New York varies depending on factors such as location, employer, and level of experience. In New York City, the average salary is around $90,000, while in other parts of the state, it's closer to $70,000.
Insurance adjusters with more experience tend to earn higher salaries, with those in the top 10% earning upwards of $140,000 per year.
See what others are reading: New York State Public Adjusters
New York Insurance Adjuster Salary
The average salary for an insurance adjuster in New York is not explicitly stated, but we can look at the national average, which is $49,396. This is a significant consideration for anyone looking to pursue a career as an insurance adjuster in the state.
The average hourly rate for adjusters is $23.75 per hour, which can vary depending on location, education, and experience. Adjusters in New York can expect to earn a salary that falls within the national range of $35,000 to $68,000 per year.
At the 10th percentile, an adjuster in New York can expect to earn around $35,000 per year, while those at the 90th percentile can earn up to $68,000. This highlights the importance of experience and education in determining an adjuster's salary.
On a similar theme: Insurance Adjuster Ce Courses
Salary Factors
In the United States, the average adjuster salary is $49,396, with a range of $35,000 to $68,000 yearly.
Your location can significantly impact your salary as an adjuster, with New Jersey being the state where adjusters earn the highest average salary.
Education also plays a role in determining your salary, but specific details on how it impacts adjuster salaries are not provided.
Experience is another important factor that can increase your earning potential as an adjuster, but the article does not specify how many years of experience are required to reach the higher end of the salary range.
The average hourly rate for adjusters is $23.75 per hour, which can be a helpful benchmark for those considering a career as an adjuster.
Curious to learn more? Check out: Insurance Adjuster What Not to Say
Career Information
As an insurance adjuster in New York, your salary can vary greatly depending on your experience level and the specific job title. The average salary for an adjuster in New York is around $49,396 per year.
To give you a better idea, here are some average salary ranges for adjusters in New York based on experience level: Entry-level adjusters can expect around $30,300 per year, mid-level adjusters around $45,800 per year, and senior-level adjusters around $78,700 per year.
Here's a breakdown of the average salaries for different types of adjusters in New York:
Level of Education
Having a certain level of education can significantly impact your career as an Auto Damage Adjuster.
Auto Damage Adjusters with no diploma can still find entry-level positions, but their salary potential is limited.
A High School Diploma or Technical Certificate can open up more job opportunities, but the salary range is relatively narrow.
Those with an Associate's Degree can expect higher salaries and more advanced roles, with median salaries ranging from $50,000 to $70,000.
A Bachelor's Degree can lead to senior-level positions and higher salaries, often above $80,000.
Auto Damage Adjusters with a Master's Degree or MBA can command even higher salaries, often exceeding $100,000.
Those with a JD, MD, PhD, or equivalent can find leadership roles and high-level positions, with salaries often above $150,000.
What Is an Adjuster
So, you're curious about what an adjuster is? An adjuster is a professional who investigates and settles insurance claims. They work with insurance companies to determine the validity of claims and the amount of compensation that should be paid out.
Adjusters can specialize in various types of insurance, such as property or casualty insurance. They may work directly for an insurance company or be hired as an independent contractor.
To become an adjuster, you typically need to have a high school diploma and complete a training program or earn a certification. Experience in a related field, such as law or business, can also be beneficial.
Here's a breakdown of what you can expect to earn as an adjuster:
The salary range for adjusters can vary depending on factors like location, experience, and industry.
Highest Paying Jobs
If you're looking to pursue a career in insurance claims, you're likely curious about the highest paying jobs in the field. According to our research, the top paying types of adjusters are claims supervisor, compensation adjuster, and senior claims adjuster.
Discover more: Highest Paying Insurance Agent Companies
These jobs typically come with higher salaries, with claims supervisor being the highest paying at $75,263 per year. This is significantly higher than the average salary for an entry-level adjuster, which is around $30,300 per year.
The highest paying adjuster jobs are not just limited to these three positions, however. We've compiled a list of the top paying jobs in the field, along with their average salaries and hourly rates. Here's a look at the top 5 highest paying jobs:
Keep in mind that salaries can vary depending on experience, location, and other factors, but this list gives you a general idea of the highest paying jobs in the field.
Frequently Asked Questions
What type of insurance adjuster pays the most?
The Damage Inside Adjuster typically offers the highest salary, ranging from $96,000 to $100,000 per year. This role often requires specialized skills and experience in assessing complex damage claims.
Sources
- https://www.salary.com/research/salary/listing/claims-adjuster-salary/new-york-ny
- https://www.salary.com/research/salary/posting/auto-damage-adjuster-salary/new-york-ny
- https://www.erieri.com/salary/job/insurance-claims-adjuster/united-states/new-york/new-york-manhattan
- https://www.zippia.com/salaries/adjuster/
- https://www.linkedin.com/jobs/claims-adjuster-jobs-new-york-city-metropolitan-area
Featured Images: pexels.com