Claims Adjuster Jobs Newark DE
How to become a Claims Adjuster
Professionals tend to only need a high school diploma to secure employment in a company as a claims adjuster. But, licensing requirements do vary by state. An individual may be required to complete prelicensing education and/or obtain a satisfactory score on a licensing exam.
It is sometimes possible for a claims adjuster employed by an insurance company to work under the company license and not need to become licensed himself or herself. Public adjusters may need to meet separate or additional requirements: i.e., a state may require public adjusters to file a surety bond.
States that mandate licensing also require specific credits of continuing education units per year for licensing renewal. Workers can fulfill their continuing education requirements by attending classes or workshops, by writing articles for claims publications, or by giving lectures and presentations.
Continuing education is crucial in this field because Federal and State laws, along with court decisions, affect how claims are handled and establish exactly who is covered by insurance policies.
Many companies offer training sessions to inform their employees of industry changes, and a number of schools and associations give courses and seminars on various topics having to with claims
Beginning claims adjusters work on small claims under the supervision of an experienced worker. As their knowledge and skill level grow they are assigned larger and more complex claims dealing with investigation and settlements.
Claims adjusters can earn professional certifications and designations to demonstrate their professional expertise. Certification includes 5 to 10 years of experience in the claims field and the successful completion of an examination.
What does a Claims Adjuster do?
Claims adjusters plan and schedule the work required to process a claim.
There are three types of claims adjusters:
Independent: Independent contractors who are not insurance company employees.
Staff adjusters: Individuals employed by an insurance company or self-insured company.
Public adjusters: Individuals employed by a policyholder.
Claims can include automobile accidents to handling claims filed after a storm damages a customer's home. Adjusters may handle "property claims" involving damage to buildings and structures. "Liability claims" involve personal injuries or third-person property damage from liability situations: i.e., motor vehicle accidents, slip and falls, dog bites, or alleged negligent behavior.
Adjusters investigate claims by interviewing the claimant and/or witnesses, consulting police, investigating hospital records, and inspecting any property damage to determine how great the liability is.
Adjusters are able to consult with other professionals-e.g., accountants, architects, construction workers, engineers, lawyers, and physicians--who can offer a more expert evaluation of a claim. The informati...