Insurance companies require highly qualified individuals specialized in finance. The jobs are very diverse and challenging, and often require additional knowledge other than finance. Here are the main positions:
Actuary
Using stats and mathematical techniques, an actuary predicts the risk of writing insurance policies on property, businesses and people's lives and health. He has to determine the risk of providing coverage. The job needs very good analytical and especially statistical skills.
Broker
A broker advices people and businesses on how to protect things they value by selling customers insurance contracts. He is usually the first person to be contacted after an accident. The job requires very good communication skills and general business knowledge.
Claims adjuster
He negotiates insurance claims with people incurred with losses. The adjuster has to establish a claim settlement fair to all parties. The position requires very good relational and negotiation skills.
Service representative
A service representative is the intermediary between brokers who sell policies and insurance companies who write them. Good listening and communication skills are the requirements for this job as well as knowing the companies products.
Loss controller
He has to identify potential hazards and eliminate them in order to minimize the possible losses that the insurance company would pay for. He usually promotes preventive measures. His tasks require an understanding of safety management, engineering and of course business basics.
Underwriter
The underwriter chooses whether to provide insurance to applicants seeking coverage based on their exposure to risk. He decides whether applicants meet the insurance company's standards and can do pricing decision.
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