Claims Adjuster Job Description

October 14, 20110 Comments

Claims Adjuster Job Profile and Description

Claim adjuster has to handle and investigate the claims to determine that if the payment is warranted and the claims of the policy holders which the claimants file to the insurance company. The work of the Claims Adjuster is to investigate claims against the insurances such as personal loss, property loss that of other damages at last has to negotiate a financial statement.

Claims Adjuster Duties and Responsibilities

A claim adjuster needs to be very skillful and the required attributes to do the job are as follows:

  • Analyzing information gathered through investigation and findings reports and recommendations on the information.
  • Negotiating claim settlements and recommending litigation whenever there is no opportunity for settlement.
  • Examining titles to property and acting as company agent.
  • Examining forms of claims in order to determine insurance coverage.
  • Collecting evidence needed to support contested claims in court.
  • Interviewing agents and claimants in order to correct errors and investigating questionable claims.
  • Deciding on how much money will be paid out to the policyholder or claimant in damages.
  • Determining whether the claim on the policy is legitimate and negotiating a settlement amount.

Claims Adjuster Skills and Specifications

The skills and specifications required in a candidate to do the job of a claims adjuster are as follows:

  • COMMUNICATION SKILLS: The person needs to be an excellent communicator and so should have the skills both verbally and written.
  • INTERPERSONAL SKILLS: He or she should have the required skills to establish and maintain the relationship with the business clients.
  • FIELD KNOWLEDGE: The candidate needs to be have the required field knowledge of the sector as well as adequate knowledge about laws pertaining to insurance.
  • RESPONSIBLE: The person needs to be very responsible and should have the ability to put a keen eye to the details.

Claims Adjuster Education and Qualifications

The educational requirement to do the job is not the formal education but the organizations prefer to hire people with the college degrees.

  • The person needs to have a bachelor’s degree in any subject.
  • The most important requirement for the job is that the person should have the required skills and specifications with the attributes and that is the thing cannot be done away with.

Claims Adjuster Salary

  • The general salary which is according to the agency reports is the median annual wage is $55,760.
  • Claims adjusters can earn significant bonuses and commissions with the general salary.

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