by rick » Wed Sep 24, 2008 01:43 am
whats the best ... i am thinking about working full time as an adjuster. also should i look into a salary position at a company or would i make more money doing distaster work?
Posted: Wed Sep 24, 2008 09:26 am Post Subject:
Hi rick, apart from you, no one else can decide whether you'll move to a new career line or not. The career of an insurance adjuster is definitely rewarding, but it too requires training and licensing.
Yes, you're required to obtain license from the Department of Insurance to operate in your state as an adjuster.
Most of the states require the aspiring candidates to undertake 40 hrs pre-licensing course before appearing in the licensing exam.
There is no definite educational requirement for an adjuster. However, experience in the related field may come handy during recruitment. The adjuster may require handling legal matters, hence education in the legal field can be an added advantage.
Thanks,
Rupert
Posted: Wed Sep 24, 2008 10:08 am Post Subject:
The claim adjuster is required to investigate and settle the claim. They are also required to prevent the insurance company from being scammed.
The adjuster's job concerns interrogating the parties involved in the incidents, witnesses of the incidents, medics and other involved parties to evaluate the worth of the claim.
There is another bunch of people work for the position of claim examiners. The claim examiners are required to review the work done by the field adjusters to ensure that the policy guidelines were followed during the claim process.
~Jeremy
Posted: Wed Sep 24, 2008 10:13 am Post Subject:
I agree Rupert, the profile of an insurance adjuster is indeed quite rewarding. At the beginners level an adjuster can expect to earn around $22,000-$30,000 depending upon his line of practice and proficiency. And, it'll grow with the experience.
Posted: Wed Sep 24, 2008 10:24 am Post Subject:
Wow...well atleast in the midwest a fresh out of college, I don't know a thing about claims, new adjuster would start in the 35k range.
Posted: Thu Sep 25, 2008 05:17 am Post Subject:
Wow...well atleast in the midwest a fresh out of college, I don't know a thing about claims, new adjuster would start in the 35k range.
That's a darn good pay, lori :) I think that the figure that I've got is close to the national average.
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