Actuaries utilise analysis to gauge the likelihood that a given event will take place. They assist insurance firms in determining the cost of various levels of coverage. Actuaries earn one of the highest salaries of the insurance jobs on our list, with a median yearly pay of $111,030.
Actuaries frequently work with insurance companies and brokerages that offer policies from various businesses. They could also work for the government or a specific insurance provider. They frequently concentrate on a single form of insurance such as health etc.
Actuaries must be proficient in mathematics and statistics and pass a number of exams. Actuarial analyst, associate, and manager are some examples of job titles.
- Statistical Analyst
- Associate Actuary
- Actuarial Supervisor
Customers who have suffered damages and are making claims are assisted by claims adjusters. Claims adjusters, also referred to as insurance examiners, analysts, specialists, appraisers, or investigators, are responsible for determining the amount an insurance company should pay for a loss or damage. Although some work with specific insurance firms, the majority of insurance sales representatives work for insurance brokerages and agencies.
They usually travel to the sites of their customers to examine the real estate that insurance companies claim has been harmed.
- Claims Adjuster
- Claims analyst
- Claim Examiner
- Claims Representative
- Claims Manager
All of the paperwork pertaining to insurance policies is handled by insurance claims clerks. They might process new policies, alter current policies, and manage claim settlement documentation.