Product assistant (insurance technician) - Salary and Career
Insurance Technicians

Product assistant (insurance technician) - 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 Product assistant (insurance technician) earn

A Product assistant (insurance technician) earns between $1.302 and $5.387 per month, with an average monthly salary of $2.338 and a median salary of $1.910 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 2.623 professionals hired and dismissed by the period from 06/2021 to 05/2022 (last year).


Salary ranges for the Product assistant (insurance technician)

Monthly Salary Annual Salary Salary Per Week Hourly Salary
Average wage 2.338 28.055 584 11
1º Quartile 1.302 15.622 325 6
Median Salary 1.910 22.920 478 9
3º Quartile 4.108 49.300 1.027 20
Higher Salary 5.387 64.644 1.347 26


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 Product assistant (insurance technician)

Insurance Technicians must:

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

  • Activities

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


    Sectors that hire Product assistant (insurance technician) the most in the job market

    • insurance, pension plan and health brokers and agents
    • temporary labor lease
    • call services activities
    • non-life insurance
    • associative activities
    • other service activities provided mainly to companies
    • document preparation and specialized administrative support services
    • life insurance
    • auxiliary activities of insurance, supplementary pensions and health plans
    • combined office and administrative support services




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