Claim Examiner, Adjuster, Investigator and Surveyor

Minimum ? Graduate

Freshers or up to 2 years of work experience as adjuster, examiner, investigator or surveyor in insurance industry

The tasks a Insurance Adjuster, Examiner, Surveyor and Investigator is expected to perform include:Investigating, analysing and determining the extent of insurance company?s liability concerning personal, casualty, or property loss or damages

Gathering information by meeting and interviewing medical specialists, agents, witnesses, or claimants

Negotiating and ensuring claim settlement with claimants

Approving claim payments within certain monetary limit

Proficient in examining claim form and other record to determine insurance coverage Adept in negotiating claim settlement with claimants

Well-versed in undertaking litigation if claim settlement cannot be negotiated

Proficient in collecting evidence to support contested claim in court

Adept in analysing information gathered by investigations and report finding and recommendation

Knowledge of calculating claim payments

Proficient in examining titles to property to determine validity and act as a company agent in transactions with property owner

Well-versed with Interviewing agent or claimants to correct error or omission and to investigate questionable claims

Not applicable

Effective communication skills

Negotiating skills

Good listener

Critical thinking


Decision making skills

Hardworking and persistent

Time management skills

It needs one to be on their toes

May require supervising Assistant

Travelling is a part of this job role

Part-time and contractual jobs are available in some cities

Work from home option is not available

Working hours

Companies usually work for 5/6 days a week and 9/10 hours everyday. This may vary company to company

Being self-employed is also an option. In this case, the working hours and days will be flexible

Shift system is not available

Is the job suitable for a candidate with special needs?This job is suitable for candidates with One Arm (OA), One Leg (OL), Both Leg (BL), One Arm and One Leg (OAL), Muscular Weakness (MW) and those who have their Hearing Impaired (HH)

This job is considered to be mildly hazardous or dangerous

Health risks include stress, slip and falls, exposure to extreme temperatures, extensive travelling, etc.Occupational hazards include physical injuries, depression and anxiety, heart diseases, accident, head ache, infection, fatigue, etc.

For freshers ? INR 10,000 to INR 15,000 per month For candidates with 1/2yearsofexperience-INR15,000 to INR 25,000 per month For candidates withover2yearsexperience-INR25,000 to INR 35,000 per month(These figures are indicative and subject to change)

Overview of Banking, Financial Service and Insurance Sector in India

Indiaisoneofthefastgrowingeconomiesandsecondmostpopulouscountryintheworld.WiththepopulationofmorethanabillionpeopleandrisingpercapitaincomeIndiaprovidesanenormousopportunityfortheBFSIcompanies.Currently58.7percentoftheIndianhouseholdsdonothaveaccess to any banking and financial service network, thus offer an enormous opportunity to BFSI companies to expand by introducing new products, leveraging technology, deploying innovative strategies and ramping up distribution network.

India has a diversified financial sector, which is undergoing rapid expansion. The sector comprises commercial banks,insurancecompanies, non-banking financial companies, co-operatives, pension funds,mutual fundsand other smaller financial entities. The financial sector in India is predominated by banking sector. The Indian banking sector in India is fragmented, with 46 commercial banks competing for business with dozens of foreign banks as well as rural and co-operative lenders. Public sector banks holds majority of the market share in Indian banking sector.

TheIndianLifeInsuranceindustry is one on the strongest growing sectors in the country with the market size of around US$ 41-billion. India is the fifth largest life insurance market with 24 life insurance companies operating across the country. As of 2012, insurance penetration and insurance density in India stand at 3.96 percent, very low as compared to other developed countries. With the increase in per capita income and growing awareness about the benefit and requirement of insurance, the Indian insurance market is expected to grow from US$66.4 billion in FY13 to US$ 350?40 billion by 2020. Thus with the expected high growth the demand for various professionals in the insurance sector like Insurance Agent, Insurance Adjuster, Examiner, Surveyor Investigator, etc. is bound to increase and it is expected that insurance sector will create 0.15 million additional jobs by 2022.

The BFSI sector in India currently employs over 2.55 million people and looking at the future growth potential it is estimated that BFSI sector will employee more than 4.2 million employees by 2022, an additional 1.6 million job creation by 2022.


All insurance companies across India All Insurance Adjuster, Examination, Surveying and Investigation service providing company across India

Cities across India

Will be updated

All Arts, Science and Commerce college across India

Indian Institute of Insurance Surveyors and Loss Assessor (IIISLA)Institute of Finance, Banking and Insurance (IFBI)Insurance Institute of India (III)Institute of Insurance and Risk Management (IIRM)Insurance Academy (IA)National Insurance Academy (NIA)

Will be updated