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