How to Become a Claims Adjuster
Step 1: Understand the job description and responsibilities of a Claims Adjuster
What does a Claims Adjuster do?
A Claims Adjuster denies, settles, or authorizes payments to routine property/casualty claims based on coverage, appraisal, and verifiable damage. Responsible for corresponding with policyholders, claimants, witnesses, attorneys, etc. to gather important information to support contested claims. Being a Claims Adjuster prepares reports of investigation findings. May conduct field evaluations to inspect and document damage or loss. Additionally, Claims Adjuster typically requires an associate degree. Typically reports to a supervisor or manager. The Claims Adjuster gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Claims Adjuster typically requires 2 to 4 years of related experience.
Other claims adjusters who represent policyholders may aid in the preparation of an insurance claim.
A Claims adjuster or Public Adjuster does not, and should not, engage in the practice of law.
In the two first instances, and the fourth, the adjuster operates on behalf of the insurer.
Adjusters may handle "property claims" involving damage to buildings and structures, or "liability claims" involving personal injuries or third-person property damage from liability situations, such as motor vehicle accidents, slip and falls, dog bites, or alleged negligent behavior.
Some adjusters handle both types of claims and are known as "Multi-Line" adjusters.
Step 2: Learn best tips to become a Claims Adjuster
Best tips for those who want to become a Claims Adjuster
Here are some tips to become a Claims Adjuster.
Establish work-life balance for claims adjusters.
Make work meaningful for claims adjusters.
Build and sustain a robust workforce.
Be forthright and cooperative, you may not like all the answers you get, but be polite.
When all else fails, and you’ve been polite, and it hasn’t gotten you anywhere, speak with a supervisor, and start to take a look on the internet at your state’s insurance regulations.
Step 3: View best colleges and universities for Claims Adjuster
Best colleges and universities for Claims Adjuster
- Butler University
- Carroll College
- Cooper Union
- High Point University
- Princeton University
- Providence College
Step 4: Think about whether is it worth to be a Claims Adjuster
Is being a Claims Adjuster Worth it?
Strangely enough, a lot of adjusters have a criminal justice degree; they just might not like shift work or carrying a gun.
You come in every day and you have a list of automobile claims assigned to you from the 24-hour hotline.
The least frequent claims are probably the most interesting, just because they’re different.
They often work with catastrophe claims and will travel to the impacted areas after major weather events or emergencies.
This license enables the adjuster to work in all areas of insurance claims including, Property & Liability Insurance; Automobile claims; Hurricane and Catastrophe adjusting; and Workers' Compensation.
Step 5: Prepare relevant skills for being a Claims Adjuster
What skills do you need to be a Claims Adjuster?
There are skills required to succeed in every role, and this one is no different. Strategic knowledge of the follow skills will be required: Claim Investigation, Customer Support, Inquiry Research/Response, Calculate Payments/Premiums, Claim Reviews, Claim Settlement Policies. For success, a grasp of the following is key: Insurance Claims Management Software. Your ability to stand out from the competition depends on these skills, as well as your resume, interview, and other factors.
In those cases, medical bills and records must be reviewed and subjective claims like pain and suffering must be negotiated.
Working as a catastrophic insurance claims adjuster can be a nomadic experience, requiring travel all over the country in response to ice storms, hurricanes, tornadoes, and major floods.
Some companies hire people with legal experience to work as adjusters for liability claims.
People with engineering or architectural backgrounds tend to get hired as adjusters for industrial claims, and those with experience with automotive repairs might get hired as adjusters for auto claims.
The job description of the claims adjuster trainee entails investigating, determining liability, confirming coverage, establishing damages, and negotiating settlement of claims.
Step 6: View average salary for Claims Adjuster
How much does a Claims Adjuster make?
The average salary range for a Claims Adjuster is from $54,946 to $69,489. The salary will change depending on your location, job level, experience, education, and skills.
- View average salary for the United States
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