Claims adjuster - Salary and Career
Insurance Technicians

Claims adjuster - Career description, activities, functions and salary

They contact brokers, policyholders and the work team to sell insurance and to facilitate the company-client relationship, underwrite and inspect risks, operationalize premium calculations and other procedures for assignment and recovery of reinsurance and coinsurance, perform regulation and settlement of claims . Develop new types of insurance. They prepare technical documentation.

How much does an Claims adjuster earn

A Claims adjuster earns between $1.189 and $7.141 per month, with an average monthly salary of $2.449 and a median salary of $1.570 according to an salary survey along with to data of professionals hired and fired by companies in the labor market.

Our research is based on the salaries of 2.093 professionals hired and dismissed by the period from 06/2021 to 05/2022 (last year).

Salary ranges for the Claims adjuster

Monthly Salary Annual Salary Salary Per Week Hourly Salary
Average wage 2.449 29.391 612 11
1º Quartile 1.189 14.270 297 6
Median Salary 1.570 18.840 393 7
3º Quartile 5.446 65.354 1.362 25
Higher Salary 7.141 85.694 1.785 33

Professional job categories

  • Middle level technicians
    • medium level technicians in administrative sciences
      • technicians of administrative sciences
        • insurance technicians

Related Positions:

Main workplaces

Insurance Technicians they work in insurance and private pension companies, mixed capital companies and government agencies in the insurance area. Work is carried out indoors during daytime hours. They are CLT or statutory workers and are organized as a team, under supervision. Eventually, they are subject to pressures at work that can cause stress.

What does it take to work in the field of Insurance Technicians

The exercise of these occupations requires high school education and professional courses of two hundred to four hundred class hours. The full performance of activities occurs after three to four years of experience.

Functions and activities of Claims adjuster

Insurance Technicians must:

  • prepare technical documentation;
  • operationalize assignment and recovery of reinsurance and coinsurance;
  • demonstrate personal skills;
  • perform claims adjustment and settlement;
  • elaborate technical documentation;
  • inspect risks;
  • develop products;
  • commercialize insurance;
  • subscrive riscos;
  • subscribe risks;
  • subscribing risks;
  • market insurance;
  • subscribe to risks;
  • subscrever riscos;
  • perform claims settlement and settlement;
  • inspect hazards;
  • perform settlement and settlement of claims;
  • operationalize reinsurance and coinsurance assignment and recovery;
  • comercializar seguros;
  • inspect risk;

  • Activities

    • provide insurance quote and conditions;
    • act with empathy;
    • identify new market niches;
    • assist the development of the computer system;
    • analyze contract;
    • disclose products;
    • request advance recovery;
    • define inspection procedures;
    • show credibility;
    • send insurance renewal notices;
    • act with patience;
    • act with empathy;
    • evaluate the dynamics of the claim, with causal link (cause and effect);
    • recommend loss prevention measures;
    • survey customer needs;
    • evaluate damages and quotes;
    • photograph the insurance object;
    • monitor portfolio results;
    • act with persuasion;
    • get internal product approval;
    • demonstrate flexibility;
    • implementing partnerships with brokers and other distribution channels;
    • prepare documentation and list of outstanding and paid claims;
    • act with objectivity;
    • analyze inspection reports, medical reports and questionnaires;
    • register claims;
    • express yourself orally and in writing;
    • reconcile current account with reinsurer and co-insurer;
    • calculate reinsurance premiums and recovery;
    • photograph the object of the insurance;
    • determine insurance profitability;
    • elaborate technical opinion;
    • search legislation;
    • create internal standards and procedures;
    • framing proposals to the company's reinsurance and coinsurance conditions;
    • add documentation for bids;
    • give technical and commercial support to customers;
    • calculate premiums;
    • submit proposals to the company's underwriting rules;
    • settle a claim (payment to the beneficiary or the insured);
    • promote product adjustments;
    • search competitor market;
    • inform data for the preparation of a technical note (sales cost, loss ratio);
    • determine the insured's loss ratio;
    • closing processes;
    • forward processes for reimbursement and/or recovery;
    • write contractual conditions for new products;
    • transmit information about customer needs;
    • request documentation;
    • suggest insurable value;
    • schedule inspection;
    • notify reinsurer and co-insurers of claims that have occurred;
    • elaborate inspection and survey reports;
    • demonstrate research ability;
    • compare competitors' products;
    • receive requests for quotation and/or proposals;
    • test fire safety equipment;
    • track product implementation;
    • propose investigation;
    • consult other areas of the company;
    • prepare documentation and list of assigned risks (map or bordero);
    • prepare technical claims report;
    • concept the product;
    • analyze proposed conditions for the insurance;
    • attract new business and customers;
    • demonstrate decision-making ability;
    • demonstrate a sense of observation;
    • process documents (policies, amendments, endorsements, annotations);
    • increase production through distribution channels;
    • negotiate budgets;
    • frame proposals to the company's reinsurance and coinsurance conditions;
    • check inspection object documentation;
    • obtain information on physical and moral characteristics of the risk;
    • check implementation of suggested measures;
    • assist in the training and development of personnel involved with the product;
    • reason logically;
    • identify exposure and physical and moral aggravation of risk;
    • request medical reports and inspections;

    Sectors that hire Claims adjuster the most in the job market

    • other service activities provided mainly to companies
    • insurance experts and assessors
    • non-life insurance
    • associative activities
    • valid transport activities
    • combined office and administrative support services
    • other information services provision activities
    • retail merchandise in general, with predominance of food products - supermarkets
    • activities of associations for the defense of social rights
    • property rental brokerage

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