Best paying jobs in property-casualty insurers: Not all jobs are created equal, and there are some which will offer you more perks than others – especially in the finance industry. At Property-Casualty Insurance, we love rewarding our employees for their hard work, and it turns out that they don’t mind receiving this perk in exchange for an amazing work ethic! But which positions provide these benefits? Here are three of the best paying jobs in Property-Casualty insurers according to Glassdoor
Are you looking for Best paying jobs in property-casualty insurers in the insurance industry? If so, you may be wondering what the best paying jobs are. Property and casualty insurers offer a variety of positions that can be both challenging and rewarding. Here are five of the best paying jobs in this field
1) Account Executive
2) Regional Vice President
3) Claims Manager 4) Senior Underwriter 5) Customer Service Representative 6) Financial Advisor 7) Sales Representative 8) Trainee 9) Claim Adjuster 10) Marketing Coordinator 11) Training Specialist 12) Medical Coder 13) Information Technology Specialist 14) Human Resources Specialist 15).
They analyze data to assess risk and determine premiums for insurance policies. Many actuaries work for insurance companies, but some are independent consultants. Actuaries typically need at least a bachelor’s degree in mathematics, actuarial science, statistics, or a related field. They must pass several exams to become certified actuaries. According to the Bureau of Labor Statistics, the median annual wage for actuaries was $102,880 in May 2019. Some actuaries have much higher salaries. For example, an actuary who is also an underwriter might earn up to $160,000 per year. An actuary who specializes in health and disability benefits could earn up to $210,000 per year. Actuaries working on pension plans can earn as much as $280,000 per year so it is Best paying jobs in property-casualty insurers.
A Claims Representative is responsible for investigating, evaluating, and settling insurance claims. They handle all aspects of the claim, from start to finish. A Claims Representative typically works for an insurance company, but may also work as an independent adjuster. The job is challenging and requires excellent communication and negotiation skills. A Claims Representative must be able to handle a high volume of work, often with tight deadlines. But the job is also rewarding, both financially and emotionally. Seeing claimants receive the settlements they deserve is gratifying work. The salary can range anywhere from $40,000-$100,000 depending on location and experience.
It’s important to have strong negotiation skills when working as a Claims Representative. In addition to handling your own caseload, you’ll need to stay on top of current trends in the industry so that you can provide solutions that meet your clients’ needs. For this reason, it’s best if you have at least three years of experience before entering this field; even better if you have five or more years.
Loss Control Specialists
Property-casualty insurers are always looking for ways to minimize losses. One way they do this is by hiring loss control specialists. Loss control specialists inspect homes, businesses, and other properties to identify potential hazards. They then work with the property owner to mitigate these hazards. This can involve anything from providing training on fire safety to developing evacuation plans. Loss control specialists typically have a background in engineering, safety, or risk management. If you don’t have experience in one of those fields, you’ll need to get it through a certification program or an associate degree before applying. Compensation for loss control specialists ranges from $45,000 – $55,000 annually.