Loss Adjuster
Job Description
Keep and analyse policy records and claim statistics
Settle claims according to the company’s guidelines
In the event of complex and contentious cases, independent firms of loss adjusters are employed to conduct an impartial assessment, whose duties include:
Investigate and approve claims filed under an insurance policy within authorised limits
Visit scenes of loss to establish the cause, nature and extent of the damage incurred
Submit assessment report to the insurance company
Qualities and Qualifications
Have knowledge of the principles and general practice of insurance, insurance law and claims procedure
Conversant with the coverage of policies and the company’s claims guidelines
Preferably possess the Associateship of the Chartered Insurance Institute or the Chartered Insurance Institute of Loss Adjusters, or their equivalent