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See all posts Frank GogolBest 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
- Best Paying Jobs in Major Banks
- Best Paying Jobs in Finance Consumer Services
- Best Paying Jobs in Life Insurance
- See All High-Paying Career Opportunities By Industry
Sources
For more detailed information on these roles and their requirements, you can refer to CareerCloud, Psychometric Success, Insurance Business America, ValueWalk, and SuperMoney.