Jobs, Careers and Occupations

Insurance Jobs, Occupations and Careers

Insurance

Insurance companies market and provide products and services, including life insurance, property & casualty insurance, surety insurance, title insurance, credit insurance, mortgage insurance, reinsurance, insurance brokerage and risk management.

Insurance occupations include underwriters, adjusters, agents, brokers, risk management professionals, negotiators, insurance claims personnel, investigators and insurance sales representatives. Insurance occupations also include actuaries, statisticians, statistical process control personnel, biostatisticians and other positions requiring actuarial or statistical training.

Most people have their first contact with an insurance company through an insurance sales agent. These workers help individuals, families and businesses select insurance policies that provide the best protection for their lives, health and property. Insurance sales agents who work exclusively for one insurance company are referred to as captive agents. Independent insurance agents or brokers represent several companies and place insurance policies for their clients with the company that offers the best rate and coverage. In either case, insurance agents prepare reports, maintain records, seek out new clients and in the event of a loss, help policyholders settle their insurance claims.

Insurance sales agents, sell one or more types of insurance, such as property and casualty, life, health, disability and long-term care.

Property and casualty insurance agents sell policies that protect individuals and businesses from financial loss resulting from automobile accidents, fire, theft, storms and other events that can damage property. For businesses, property and casualty insurance can also cover injured workers’ compensation, product liability claims or medical malpractice claims.

Life insurance agents specialize in selling policies that pay beneficiaries when a policyholder dies. Depending on the policyholder’s circumstances, a cash-value policy can be designed to provide retirement income, funds for the education of children, or other benefits. Life insurance agents also sell annuities that promise a retirement income.

Health insurance agents sell health insurance policies that cover the costs of medical care and loss of income due to illness or injury. They also may sell dental insurance and short- and long-term-disability insurance policies.

Insurance Related Industries

• Banking
• Quality Control