Insurance Job Descriptions
Actuary Job Description
Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain premium rates required and cash reserves necessary to ensure payment of future benefits.
Auditor Job Description
Examine and analyze accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures.
Claims Examiner Property Casualty Insurance Job Description
Review settled insurance claims to determine that payments and settlements have been made in accordance with company practices and procedures. Report overpayments, underpayments, and other irregularities. Confer with legal counsel on claims requiring litigation.
Financial Manager Job Description
Direct and coordinate financial activities of workers in a branch, office, or department of an establishment, such as branch bank, brokerage firm, risk and insurance department, or credit department.
Insurance Adjusters, Examiners, and Investigators Job Description
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.
Insurance Appraiser, Auto Damage Job Description
Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain premium rates required and cash reserves necessary to ensure payment of future benefits.
Insurance Claims and Processing Clerk Job Description
Process new insurance policies, modifications to existing policies, and claims forms. Obtain information from policyholders to verify the accuracy and completeness of information on claims forms, applications and related documents, and company records. Update existing policies and company records to reflect changes requested by policyholders and insurance company representatives.
Insurance Claims Clerk Job Description
Obtain information from insured or designated persons for purpose of settling claim with insurance carrier.
Insurance Customer Service Representative Job Description
Interact with customers to provide information in response to inquiries about products and services and to handle and resolve complaints.
Insurance Policy Processing Clerk Job Description
Process applications for, changes to, reinstatement of, and cancellation of insurance policies. Duties include reviewing insurance applications to ensure that all questions have been answered, compiling data on insurance policy changes, changing policy records to conform to insured party's specifications, compiling data on lapsed insurance policies to determine automatic reinstatement according to company policies, canceling insurance policies as requested by agents, and verifying the accuracy of insurance company records.
Insurance Sales Agent Job Description
Sell life, property, casualty, health, automotive, or other types of insurance. May refer clients to independent brokers, work as independent broker, or be employed by an insurance company.
Insurance Sales Manager Job Description
Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain premium rates required and cash reserves necessary to ensure payment of future benefits.
Insurance Underwriter Job Description
Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.
Personal Financial Advisor Job Description
Advise clients on financial plans utilizing knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives to establish investment strategies.
- Apply insurance rating systems
- Calculate amount of claim
- Contact insured or other involved persons to obtain missing information
- Organize and work with detailed office or warehouse records, using computers to enter, access, search and retrieve data
- Pay small claims
- Post or attach information to claim file
- Prepare and review insurance-claim forms and related documents for completeness
- Provide customer service, such as giving limited instructions on how to proceed with claims or providing referrals to auto repair facilities or local contractors
- Review insurance policy to determine coverage
- Transmit claims for payment or further investigation
- Calculate insurance premiums or awards
- Code data from records
- Distribute correspondence or mail
- Examine files or documents to obtain information
- Fill out business or government forms
- Follow contract, property, or insurance laws
- Interview customers
- Maintain insurance records
- Maintain inventory of office forms
- Maintain records, reports, or files
- Mmaintain telephone logs
- Obtain information from individuals
- Provide customer service
- Recommend claim action
- Review data on insurance applications or policies
- Review insurance policies to determine appropriate coverage
- Review insurance policies to determine appropriate coverage
- Search legal records
- Take messages
- transcribe spoken or written information
- type letters or correspondence
- use computers to enter, access or retrieve data