An insurance claims candidate is one who handles the payments for valid claims in an insurance company. The candidate is given the responsibility of validating the claims settlement procedure by checking for the genuineness of the claim. Some of the job responsibilities that an insurance claims candidate fulfills are advising on claim settlement procedure, collect accurate information for claim, investigating potential loopholes in the claim, ensure fair and full settlement of claim, compliance to legal requirements of claims settlement procedure.
A candidate who wants to work in the insurance claims settlement field should possess excellent customer service skills apart from good negotiation and problem solving skills.
How to Become Insurance Claims
A candidate who is interested in building a career in insurance claims should obtain a graduate degree in fields such as accounting, finance, business management, law, economics or public administration.
Even obtaining a post graduate degree can enhance the job prospects as it gives better edge to the post graduate candidates in comparison to the graduate candidates.
Insurance Claims Career Courses, Training, Programs
After acquiring basic graduation from a reputed university the candidate has to undergo practical on the job training for at least a period of two years in negotiating claims and underwriting risks area.
The modules of insurance claims that are taught in the US provide practical areas learning in claims management, liability investigation as well as solicitation skills.
Insurance Claims Career Schools/Colleges, Education
There are many institutes in US that offer both entry level to advanced insurance claims training for continued professional advancement and update the candidate on latest legislative developments in the insurance industry.
Top 5 Colleges/Universities
University of Georgia
University of Wisconsin, Madison
University of Pennsylvania
Georgia State University
Insurance Claims Career Job Opportunities, Salaries/Pay
The average salary of an insurance claims candidate can vary in the range of $31,000 to $72,000 depending on the educational qualifications and experience.
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