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Insurance Policy Processing Clerks
 
Employment Increase: 34%
People In Field: 583,000
Average Salary: $19,110
Qualifications: High School, Training
 
Nature of the Work:
Handling complaints, interpreting and explaining policies or regulations, resolving billing disputes, collecting delinquent accounts, and determining eligibility for governmental assistance are examples of everyday situations that organizations must deal with smoothly and efficiently in order to maintain good relations with customers and clients. Organizations such as insurance companies, department stores, banks, and government social services agencies all employ adjusters, investigators, and collectors to act as intermediaries with the public. Insurance policy processing clerks process new insurance policies, modifications to existing policies, and claims.

Training, Other Qualifications, and Advancement:
High school graduation is considered adequate preparation for most insurance processing clerk positions. Employers view favorably previous office experience and familiarity with computers. Most new workers begin as file clerks and move into insurance processing positions as they demonstrate their ability. However, persons with considerable clerical experience may begin processing insurance policies immediately. Some experienced insurance policy processing clerks may be promoted to a clerical supervisor position. Advancement to a claim representative or an underwriting technician position is possible for clerks who demonstrate potential, have had college training, or have taken specialized courses in insurance. Many companies offer home-study courses that allow their employees to gain the necessary knowledge to advance.

Job Outlook:
Employment of these clerks is expected to grow faster than the average as computerization increases their importance in providing customer service to the increasing number of policyholders. It is estimated that there will be approximately 583,000 insurance policy processing clerks by 2005. This industry, particularly the health insurance component, is less sensitive to cyclical swings in the economy than most industries.

Sources of Additional Information:

General information about careers as a claim representative or an insurance processing clerk is available from the home offices of many life and property and liability insurance companies.

Information about career opportunities in these occupations may be obtained from:

Insurance Information Institute
110 William St.
New York, NY 10038

Alliance of American Insurers
1501 Woodfield Rd., Suite 400 West
Schaumburg, IL 60173-4980

Insurance Institute of America
720 Providence Rd.
P.O. Box 3016
Malvern, PA 19255-0716

National Association of Independent Insurance Adjusters
300 West Washington St., Room 845
Chicago, IL 60606

Information on the Associate, Life and Health Claims (ALHC) and the Fellow, Life Management Institute (FLMI) designations can be obtained from:

Life Office Management Association
5770 Powers Ferry Rd.
Atlanta, GA 30327-4308

 

 
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