If you have mathematical and analytical skills you would love to use, the insurance field could be your perfect career. It is a vast field with various career paths depending on your interests, skills, and expected responsibilities.
While numerous insurance policies and tasks exist, they all fall under three main categories.
- Casualty or property insurance- These are policies covering unexpected damages to personal properties, including cars, homes, commercial properties, etc.
- Health insurance- Almost everyone has individual or group health insurance, and the coverage depends on the company and how much premiums you pay.
- Life insurance– This is essential to protect family members and loved ones if the holder passes away.
Types Of Insurance Careers
Understanding what you want from your insurance career in Peoria, AZ before you start searching for available opportunities is essential.
Insurance claims investigator
With an average annual salary of $56,810, these professionals research suspicious claims on behalf of insurance companies. They help reduce insurance fraud by detecting discrepancies, visiting accident sites, questioning clients, and interviewing witnesses.
They also coordinate with law enforcers to determine the person responsible for accidents.
Insurance claims adjuster
These professionals earn an average of $60,392 yearly and determine how much insurance companies should pay for claims. They investigate details, review claims, and determine the company’s liability.
Insurance broker
With a national average salary of $66,889 annually, these professionals help insurance buyers buy the best policy depending on their needs and budget.
Insurance agent
This is the most popular insurance career in Peoria, AZ, with a yearly national average salary of $68,787. They work with insurance companies or agencies to sell policies to businesses or individuals. Other responsibilities include financial management services and selling mutual funds or annuities.
Auto appraisers
If you are a car lover, this is the most suitable insurance career, earning you an average of $74,189 yearly. Responsibilities include examining cars damaged in accidents and preparing insurance forms showing repair costs or estimated insurance claims.