Careers in Insurance

Careers in Insurance! Ooh...there are not so many out there! If you think so, then you are wrong! Well, these kind of jobs require you to think out of the box, everybody can follow the norms and take up jobs that pay the best- like a doctor, engineer and software professionals. But how about being a little different and opting for the financial sector?

Finance sector would mean being an insurance agent also called a broker, customer service executive or even a mathematician. Wow, that is a whole different world to deal with out there, so give it a shot and strive for it.

Job opportunities

You can be what you want to be, just take a look at all the available jobs available in the field of insurance.

1. Benefits Claim Manager

The benefits claim manager is handles the responsibility of supervising the entire process of the insured making claims. He/she examines in details the claim paper submitted and investigating the details of the claim made. He acts as a liaison between the producers, claims examiner and the client. His duties will include training a new personnel, he/she will often act as a customer relations advocate. Maintaining claim histories of several clients is definitely a part of their job.

His qualification : You need to have a baccalaureate degree for this post, with an additional prior experience in insurance management would be just fine.

2. Marketing Representatives

A marketing representative will work in all lines of the insurance field like quoting, underwriting and business lines. He is responsible for completing applications for any new applications, billing orders, processing applications for cancellations. They help the client realise the importance of the correct policy that suits their needs. Last but not the least they conduct an audit for all client insurance policies.

His qualification : A baccalaureate degree with knowledge of the insurance fields can really prove helpful. In addition to this if the individual is well aware of policy documents and coverages can give him the required impetus in the field.

3. Actuary

This is a position that you can get in the insurance company itself, although this is a post that comes only to the experienced. He or she is a highly respected figure in the company, as they deal with statistical, mathematical calculations and financial data. The mathematical calculations involve the event of future payments made in the insurance plan. He will then be in a position to estimate the rate of premium to be charged based primarily on the risk involved in the event.

His qualification : He must possess sharp skills as regards mathematic calculations. Preferably a baccalaureate degree in finance or actuarial science can benefit the post immensely.