Best Paying Jobs in Property Casualty Insurers

Updated on February 5, 2024

The property-casualty insurance sector offers a variety of lucrative career paths. Here are the top ten roles in this field:

1. Risk Control Manager

  • Average Salary: $139,790/year
  • Responsibilities: Overseeing organizational risk, identifying, and managing risks.
  • Education: Bachelor’s degree.

2. Insurance Financial Analyst

  • Average Salary: $96,220/year
  • Responsibilities: Analyzing financial data and providing insights.
  • Education: Bachelor’s degree.

3. Claims Adjuster

  • Average Salary: $72,040/year
  • Responsibilities: Evaluating insurance claims, estimating claims, inspecting damage.
  • Education: High school diploma.

4. Insurance Underwriter

  • Average Salary: $76,230/year
  • Responsibilities: Underwriting policies, evaluating risk.
  • Education: Bachelor’s degree.

5. Cost Estimator

  • Average Salary: $71,200/year
  • Responsibilities: Estimating costs for products or services.
  • Education: Bachelor’s degree.

6. Insurance Claims Examiner

  • Average Salary: $61,600/year
  • Responsibilities: Reviewing insurance claims, supporting claims adjusters.
  • Education: High school diploma.

7. Insurance Appraiser

  • Average Salary: $49,999/year
  • Responsibilities: Appraising property, settling insurance claims.
  • Education: High school diploma.

8. Customer Service Representative

  • Average Salary: $37,780/year
  • Responsibilities: Assisting customers with inquiries, processing transactions.
  • Education: High school diploma.

9. Insurance Agent

  • Average Salary: Variable
  • Responsibilities: Selling insurance policies, specializing in different insurance products.
  • Education: State certification.

10. Consulting Actuary

  • Average Salary: $93,000 to $173,000/year
  • Responsibilities: Providing accounting and risk-assessment advice, financial audits, and risk modeling.
  • Education: Bachelor’s degree in mathematics, actuarial science, or related field, and professional certification.

Final Thoughts

A career in property-casualty insurance is not just financially rewarding but also offers diverse opportunities. From risk management to customer service, these roles cater to a variety of skills and educational backgrounds. This sector is essential for protecting assets and offers a stable and dynamic career path.

Other Jobs in Finance and Banking

Sources

For more detailed information on these roles and their requirements, you can refer to CareerCloud, Psychometric Success, Insurance Business America, ValueWalk, and SuperMoney.

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I’m a firm believer that information is the key to financial freedom. On the Stilt Blog, I write about the complex topics — like finance, immigration, and technology — to help immigrants make the most of their lives in the U.S. Our content and brand have been featured in Forbes, TechCrunch, VentureBeat, and more.

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