Job Spotlight – Claims Adjuster
Claims Adjuster
Claims adjusters, appraisers, examiners, and investigators evaluate insurance claims. They decide whether an insurance company must pay a claim, and if so, how much.
Most claims adjusters, appraisers, examiners, and investigators work full time. They often work outside the office, inspecting properties for which insurance claims have been made, such as damaged buildings and automobiles.
A high school diploma or equivalent is typically required for a person to work as an entry-level claims adjuster, examiner, or investigator. Higher positions may require a bachelor’s degree or some insurance-related work experience. Auto damage appraisers typically have either a post-secondary non-degree award or work experience in identifying and estimating the cost of automotive repair.
The median annual wage for claims adjusters, appraisers, examiners, and investigators was $62,300 in May 2014.
Employment of claims adjusters, appraisers, examiners, and investigators is projected to grow 3 percent from 2014 to 2024, slower than the average for all occupations. Demand for these workers is expected to result from growth in the health insurance industry, but should be constrained by automation. In addition, safer automobiles should result in fewer accidents and less demand for auto damage appraisers.
Source Credit: http://1.usa.gov/1QY9OEt
Picture Credit: www.bls.gov
