Insurance analysts are hired in the analysis department of the insurance companies. The primary responsibility of an insurance analyst is to manage the information of their past, current and prospective clients. The insurance analyst also analyses who are the most valuable clients and try to offer them attractive insurance packages to increase the market share of the firm. Candidates who would like to become insurance analysts should have good knowledge of computer science and must have good skills in mathematics and statistics.
How to become an Insurance Analyst:
Candidates who would like to become insurance analysts can pursue computer engineering courses or take up bachelor’s degree in finance and accounting. Candidates should have a thorough knowledge of the insurance industry and must be aware of the policies and standards to be followed in this industry.
Insurance Analyst career courses, training, programs:
Candidates should join such courses that can provide them relevant education on the management and technical fundamentals of the working of insurance industry. There are advanced courses in actuaries and risk management that can also be helpful.
Insurance Analyst career schools/colleges, education:
Candidates who would like to become insurance analysts would do well if they can get certification by appearing for examination in Certified Business Analysis which is conducted by the International Institute of Business Analysis. Depending on the level of certification done, different position in insurance analysis can be obtained.
Top 5 colleges/universities:
Colorado Technical University Online
Grand Canyon University
Jones International University
The University of Liverpool
Insurance Analyst job opportunities, salaries/pay:
The salary estimate of a professional working in the position of an insurance analyst is in the range of $34,000 to $80,000 per annum. The median salary is about $54,000 per annum. These salary estimates are given out by Pay Scale after conducting extensive research in the United States. These projections are represented in the form of the National Salary data.
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