What Do Property Claims Examiners Do: Job Description, Responsibilities and Duties

Stanley TanLeave a Comment



daily life of a Property and Casualty Insurance Claims Examiner
are Property and Casualty Insurance Claims Examiners happy with their job

Property and Casualty Insurance Claims Examiners

Other names for this job might include Case Manager, Casualty Claims Supervisor, Check Examiner, Claim Auditor, Claims Account Manager, Claims Account Specialist, Claims Adjuster, Claims Analyst, Claims Auditor, Claims Director


  • $64300
    Salary
  • 70%
    Job satisfaction
  • Quite Hard
    Becoming one
  • Low
    Job growth
OwlGuru Rank

B



Being A Property Claims Examiner: What You Really Do


In this job description guide, you will find out what do Property and Casualty Insurance Claims Examiners do and what is their typical work day like.

After reading this, you will have a much better idea on whether you will like working as a Property and Casualty Insurance Claims Examiner or not.



Job summary

Property Claims Examiners review settled insurance claims to determine that payments and settlements have been made in accordance with company practices and procedures. Report overpayments, underpayments, and other irregularities. Confer with legal counsel on claims requiring litigation.

We asked Property Claims Examiners how satisfied they are with their job. Here is what they said.

Job satisfaction

70%

How meaningful is this job

47%


70% of them said they were satisfied with their job and 47% said they find that their job makes the world a better place or helps to make someone else’s life better.



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Typical day

On a daily basis, Property Claims Examiners Investigate, evaluate, and settle claims, applying technical knowledge and human relations skills to effect fair and prompt disposal of cases and to contribute to a reduced loss ratio. They Pay and process claims within designated authority level.

1 of the main responsibilities as A Property Claims Examiner is to Adjust reserves or provide reserve recommendations to ensure that reserve activities are consistent with corporate policies.

Some may also Enter claim payments, reserves and new claims on computer system, inputting concise yet sufficient file documentation.

In a normal work day, another thing that Property Claims Examiners do is they Resolve complex, severe exposure claims, using high service oriented file handling.

In addition to that, they Maintain claim files, such as records of settled claims and an inventory of claims requiring detailed analysis..

A typical day for A Property Claims Examiner look like this:

Investigate legal issues.
Negotiate agreements to resolve disputes.
Pay charges, fees, or taxes.
Implement financial decisions.
Advise others on financial matters.

We asked some Property Claims Examiners a few questions to find out what else does their work day look like. Here is what we found.

Do you have telephone conversations everyday in this job?100% said yes
Do you have to use email everyday in this job?99% said yes
How important is it to work in a team in this job?57% said very important
Do you have group discussions everyday in this job?61% said yes
Do you have to meet strict deadlines everyday in this job?60% said yes
Do you talk or work with customers everyday in this job?70% said yes
Do you have to deal with angry customers everyday in this job?8% said yes
Do you have to make decisions everyday in this job?75% said yes



Other responsibilities

Besides the “typical day” things that Property Claims Examiners do, they Present cases and participate in their discussion at claim committee meetings. They might also Prepare reports to be submitted to company’s data processing department.

A typical week or month for them might include:

Present business-related information to audiences.
Prepare operational reports.



Working life

Working hours

More than 40 hours per week

Working schedule

Regular (Set schedule and routine)


In a typical work week as A Property Claims Examiner, you can expect to work More than 40 hours per week.

Do Property Claims Examiners work in an office-style work environment?

Everyday
87.71%

Once a week
0%

Once a month
0%

Once a year
0%

Never
12.29%

Do Property Claims Examiners work in a warehouse-style work environment?

Everyday
0%

Once a week
10.09%

Once a month
15.37%

Once a year
25.52%

Never
49.01%

Do Property Claims Examiners work outdoors?

Everyday
0%

Once a week
24.33%

Once a month
1.14%

Once a year
32.06%

Never
42.47%



Is this right for me

Best personality for this career

The Organizers and The Persuaders


You can read more about these career personality types here.

You will like this career if you are someone who likes following set procedures and routines. They like working with data and details more than with ideas.

You also like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business.



How we can help

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Rank: B
Salary: $63500

They investigate, analyze, and determine the extent of insurance company’s liability concerning personal, casualty, or property loss or damages, and attempt to effect settlement with claimants. Correspond with or interview medical specialists, agents, witnesses, or claimants to compile information. Calculate benefit payments and approve payment of claims within a certain monetary limit.
Rank: B
Salary: $71230

They obtain evidence, take statements, produce reports, and testify to findings regarding resolution of fraud allegations. May coordinate fraud detection and prevention activities.
Rank: B
Salary: $68000

They monitor and evaluate compliance with equal opportunity laws, guidelines, and policies to ensure that employment practices and contracting arrangements give equal opportunity without regard to race, religion, color, national origin, sex, age, or disability.
Rank: B
Salary: $56890

They determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.
Rank: B
Salary: $70570

They review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.






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Career type

Business and Finance
Insurance Services
Health Informatics

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Related to Property and Casualty Insurance Claims Examiners Job Description

Property and Casualty Insurance Claims Examiners job description, what do Property and Casualty Insurance Claims Examiners do, typical day for Property and Casualty Insurance Claims Examiners, what is it like to work as a Property and Casualty Insurance Claims Examiner, how many hours do Property and Casualty Insurance Claims Examiners work, day to day work of a Property and Casualty Insurance Claims Examiner

Additional resources

http://www.bls.gov/OOH/business-and-financial/claims-adjusters-appraisers-examiners-and-investigators.htm
http://www.claim.org/index.cfm
http://www.napia.com/
http://www.theinstitutes.org/

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Property and Casualty Insurance Claims Examiners
Written by: Stanley Tan
Property Claims Examiners review settled insurance claims to determine that payments and settlements have been made in accordance with company practices and procedures. Report overpayments, underpayments, and other irregularities. Confer with legal counsel on claims requiring litigation.
4 / 5 stars

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