Insurance Claims Adjuster

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Insurance claims adjusters are a play a very important role in the insurance field. If a loss or catastrophe occurs claims adjusters are needed immediately to examine the claim and figure out how much money the insurance company must pay. An insurance claims adjuster is a very flexible job with hours varying every day and few qualifications and requirements. This is a very interesting and diverse job since no one claim is identical to another.

People purchase insurance policies to help protect themselves and their property in the event of a catastrophe of loss. If a catastrophe or loss occurs, the person who owns the insurance policy will submit a claim. The person submitting the claim is called a claimant and a claim is basically requesting for the insurance company to reimburse them for their loss. A claims adjuster works with the claims that people file in those situations (Bureau of Labor Statistics 1).

A claims adjuster usually works in casualty and property insurance companies. A claims adjuster work in both an office and out in the field and their workweeks vary greatly from one another depending on how many claims are filed that week (Kolakowski 1). While the types of claims that they handle vary, the majority are involving property damage, liability, and bodily injury. A claims adjuster mainly investigates the claim, negotiates settlements, and authorizes payments made to the claimant. Their goal is to determine whether the claimant’s insurance policy covers the loss and if so, how much money should be paid to the claimant for that loss. When a claim is filed it is the adjuster’s job to plan and schedule the work that is required to process that claim (Bureau of Labor Statistics 1). The first thing a claims adjuster w...

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Works Cited

"Claims Adjuster Job Description, Training, Salary, and Education Information." 300 Job Descriptions: Find Your Dream Job in 2011. 04 Apr. 2011. Web. 02 May 2011. .

"Claims Adjusters, Appraisers, Examiners, and Investigators." Bureau of Labor Statistics, 17 Oct. 2010. Web. 02 May 2011. .

"Insurance Claims Adjusters." Focus Career Dimensions. 2010. Web. 2 May 2011. .

"Job Descriptions - Claims Adjuster." Job Descriptions. 04 Apr. 2011. Web. 02 May 2011. .

Kolakowski, Mark. "Insurance Claims Adjusters." Financial Careers. Web. 23 Apr. 2011. .

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