CAREER OPTIONS

1. Actuary

Actuaries are solely responsible for evaluating the risk involved in insuring a person's life, their property, their health, or their business. If you're 23, you probably pay more for auto insurance than your friend who is 27. Because their analysis is used to establish the coverage risk, actuaries are one of the most important elements of the insurance industry

A successful actuary very comprehensively understands the government legislation and prevailing social tendencies which effect risk. Actuaries usually work with the government entities, insurance agencies, pension management firms, and other advisors.

2. Agent and Broker

Brokers and Agents sell insurance policies to individuals and companies which want to guard their assets against liability. In the event of a fire, injury, or accident, customers call their agents; therefore the insurance agents must have a comprehensive knowledge of policies and their limitations. Those who are rather familiar with business practices and comfortable in talking with all types of customers, can very easily make a good living, working on an adjustable schedule in the insurance sector.

3. Claims Adjuster

When a customer has had an accident, been injured, or been through a loss, claims adjusters help find a fair settlement between all involved. A successful claims adjuster must have impressive communication and negotiation skills, and should be able to arbitrate with grace and empathy. Claims Adjusters spend time in the field, as well as behind a desk.

4. Service Representatives

Because of their function as a go-between the insurance companies and the insurance agents, service representatives must have impressive communication skills and a comprehensive understanding of the insurance products. A successful service representative is well-versed in building relationships with agents and company representatives. A General liberal arts education can provides a solid foundation for a career as a service representative.

5. Loss Control Specialist

Loss control specialists work in the field inspecting job sites, shops, warehouses and other business areas looking for hazardous conditions and ways to fix them. Their primary responsibility of the loss control specialist is to limit injury, loss, and accident. Specialists in healthcare focus on preventative medicine as well as improving work environments. Those interested in the career of the loss control specialist should be familiar with engineering, or safety management. Ideally, candidates should prepare by getting a degree which emphasized both technical expertise and business skills.

6. Underwriter

When a person applies for an insurance policy, it is an underwriter who determines whether that person is worth the risk of insuring. By evaluating how much risk a person represents, underwriters ensure that all policyholders fit the company's requirements. In addition, underwriters often help in deciding policy pricing.