Insurance Officer

Insurance officers carry out clerical and other functions associated with insurance transactions.

There are two broad types of insurance: life insurance which can provide an investment and/or life and disability protection; and general insurance which can cover a variety of events and property (such as fire, water damage, theft of goods and property, marine cover, sickness, accident and liability cover).

Insurance officers perform a variety of tasks depending on their position. They may work as a:

Claims Officer who arranges settlement of claims made by clients against their policies. They assess the validity of claims by interviewing clients or their representatives and obtaining evidence.

Health Insurance Assessor who assesses death, disability, illness and trauma claims on life and health insurance policies.

Insurance Surveyor who inspects all kinds of properties to check for hazards and the efficiency of protection devices, advises policy holders about risk improvement and provides inspection services to agents. They also prepare reports that influence insurers' decisions on risk acceptance and premiums. Insurance surveyors normally have an engineering, scientific or related qualification.

Investment Officer who invests revenue (income) from clients' premiums in government, commercial and stock market operations on behalf of their company and assists in the financial management of properties owned by the company.

Junior Insurance Clerk who carries out basic clerical work such as sorting and distributing mail, filing documents, keeping office records up to date, entering data and helping with public enquiries.

Loss Assessor/Adjuster (also known as Insurance Claims Investigator) who investigates and assesses losses for individuals and companies.

Marine Underwriter who is responsible for the acceptance or rejection of insurance proposals to cover cargo transported by ships, trucks, trains or aircraft.

Superannuation Fund Administrator who is responsible for the administration of employer/industry-based superannuation funds. This involves the day-to-day processing of new members, benefit payments and contributions and the annual review of each plan to update member information and benefits.

Underwriting Officer who assesses risks and the premiums that should be charged in particular circumstances. Most of these positions are located in head offices in Melbourne and Sydney.

Required Skills - Insurance Officer

  • aptitude for numbers and calculations
  • sound judgment
  • able to pay attention to detail
  • good communication skills
  • aptitude for working with computers

Similar Jobs - Insurance Officer

Find work - Insurance Officer

         Job Search - Insurance Officer