A career in the field of insurance can be enjoyable and rewarding. It offers a number of career options to you and you can choose one according to your interest and skill set. You have to have some basic organizational and communication skills for any kind of career in this industry. Industry knowledge can also prove to be valuable. If you think you possess this skill set and want to have a career in this industry, consider the following job options:
The most common job in the insurance industry is that of an agent. The primary responsibility of the agent is to sell insurance policies to people. In order to accomplish this goal, you have to be social and outgoing because you will have to talk to strangers. You have to have at least a high school diploma to be an agent. Also, there are different type of policies, such as no exam life insurance policy, homeowners insurance, disability insurance etc. and some require you to have some background and knowledge about these areas.
The job of the underwriter is to decide whether the insurance policy should be issued or not. For instance, a car that’s dented and not running will probably not be insured by the underwriter. They also have the responsibility of determining the amount that should be charged for insurance. You should have a college degree in order to qualify for most underwriting jobs.
The task of claims representative begins when a customer files for a claim with the insurance provider. Their job is to assist clients in getting the money of the policy from the company. A claims representative also needs at least a high school diploma and a college degree to get a decent job.
The work of an adjuster begins after a claim has been made. They investigate the cause behind the claim being filed and whether the insurance company is liable to pay. One of the most important things you have to do as an adjuster is determining the amount that has to be paid. A college degree is required in most adjuster jobs available.
This is one of the strongest and highest-paying jobs in the insurance industry these days. They have the responsibility of helping the company in deciding what premiums to charge from their clients. You have to get a college degree in statistics and mathematics in order to become an actuary and a little knowledge of finance as well. A series of tests also have to be cleared in order to be qualified.
Customer Service Representative
Talking with clients to get the details after a claim filing is the task of the customer service representative. They also answer questions posed by existing and potential clients about what their insurance pays for and what it doesn’t. A high school diploma is the minimum requirement of becoming a customer service representative.
Any of these jobs can be suitable for you if you want to establish a career in the successful and growing insurance industry.