Claims Advisor Job Description

Auto Insurance Claims Adjusters

Insurance Adjusters are responsible for investigating personal injuries and property damage to determine how much an insurance company should pay to a person. They have to meet with witnesses and the insurance company, read police reports and travel to site locations to look at damages. Most employers look to hire people with a bachelor's degree or experience insurance work for entry-level claims Adjuster positions.

The claims Adjusters work on small claims under the supervision of an experienced employee. They are assigned larger claims as their knowledge grows about the claims process. Licensing requirements for a claims Adjuster will vary from state to state.

Some states have minimal requirements, but others require a passing score on a licensing exam or completion of pre-licensing education. Public Adjusters may have to meet additional requirements. The Adjuster works under the company's license in some states, which doesn't require them to be individually licensed.

In some states, claims Adjusters must complete a certain amount of continuing education credits each year to keep their licenses. State and federal laws can affect what insurance policies are required to cover. New drugs and medical procedures should be kept up to date by claims Adjusters.

Current repair techniques and new car models should be familiar to auto claims workers. A claims Adjuster can fulfill continuing education requirements by attending workshops, classes, writing articles, and giving presentations. A claims examiner has a different scope of responsibilities than a claims Adjuster because of their higher levels of seniority.

Graduate-Management Schemes in Insurance

You will be involved in managing a claim from the start to the settlement, making decisions on the extent and validity of a claim, and checking for any fraudulent activity. The graduate schemes are available with the larger insurance companies. There are opportunities for claims work in graduate-management training schemes.

Employers often ask for a 2:1 degree in any degree subject. You can go directly into claims work after training. Both graduates and those without a degree can find opportunities.

Junior clerical positions, such as administration assistant or technician, can be used to move up the company's hierarchy. There are opportunities to move up the management structure. In larger company structures, claims handlers can progress to manager and then claims director.

Best Practice Framework for Advisory Boards

An Advisory Board is a way for organizations to engage with external advisers. Advisory Boards are used to sound out the opinions of the owners, directors and shareholders of a company. Advisory Boards are useful in scaling businesses and larger entities.

A well structured Advisory Board with best practice principles allows people in the organization to test their strategic thinking and access expertise that may not be readily available via other means. The purpose of most Advisory Boards is to help the organization gain new insights and advice to solve business problems or explore new opportunities. The Advisory Board is not to make decisions but to provide current knowledge, critical thinking and analysis to increase the confidence of the decision-makers who represent the company.

A governance board or board of directors is different to an advisory board. The Advisory Boards have a flexible nature and the scope, or terms of reference, are chosen to fit the business requirements. The Advisory Board charter and protocols have specific roles, responsibilities and expectations.

Larger organizations may have more Advisory Board members. The Advisory Board's size and scope should be considered carefully to support focus, efficient operation and impact measurement. The Advisory Board Centre developed the first ABF101 Advisory Board Best Practice Framework.