What Are the Different Types of Insurance Job Opportunities?

Insurance business is the operation planning and planning work for the insurance company's business activities. It generally goes through exhibition, underwriting, reinsurance, loss prevention, claims and use of insurance funds. Insurance business operation has different characteristics from general industrial and commercial enterprises: Insurance business is based on the law of large numbers, has a wide range of characteristics, and pursues the number and scale of insurance contracts. The insurance operating funds mainly come from the insurance premiums paid by the insured, and are debt-oriented. Therefore, insurance operations pay more attention to solvency management and the use of insurance funds. The determination of insurance premium rates is based on scientific calculations, is highly technical, and places high demands on insurance personnel. Insurance is responsible for future compensation. Insurance management should establish a long-term development concept and pay more attention to service quality and a good corporate image. Therefore, in addition to the principles of economic accounting and other principles that general industrial and commercial enterprises should follow, insurance operations must also adhere to the principle of a large number of dangerous units, the principle of decentralized risk management, and the principle of risk selection. ^[1]

Insurance business

Insurance business activities have both the general characteristics of commodity management and the business characteristics that distinguish them from other industries. Therefore, in addition to implementing general commodity operating principles, such as the principles of economic accounting, the principle of accompanying markets, and the principle of small profits but quick turnover, some special operating principles should also be followed, including the principle of large amounts of risk, the principle of risk selection, and the principle of risk dispersion.

The meaning of insurance business claims

Insurance claim refers to the act of the insurer to process the claims of the insured after the occurrence of a risk accident in the subject-matter insured.

First, insurance claims can realize the basic functions of insurance.

Second, insurance claims can restore the production of the insured in time, stabilize their lives, promote the smooth progress of social production and social life, and improve the social benefits of insurance.

Third, insurance claims can also discover and test the quality of Zhanye's underwriting work.

Insurance claimants, as those who specialize in insurance claims, can be divided into two types: one is a full-time accountant of an insurance company; the other is an insurance agent. The former deals directly with the claims of the insurance company based on the claims of the insured. The latter accepts entrustment from insurance companies to work on claims.

Principles of insurance business claims

1. The principle of observing contracts and keeping promises

2. The principle of seeking truth from facts

The so-called accommodation compensation refers to the economic loss that should not be paid by the insurer according to the provisions of the insurance contract. Due to some other reasons, the insurer will give full or partial compensation or payment.

Specifically, the requirements that an insurer should have in terms of accommodation compensation are: first, it is conducive to the stability and development of insurance business; second, it is conducive to maintaining the reputation and position of insurance companies in market competition; Stability and unity.

3. The principle of initiative, speed, accuracy and reasonableness

Procedures for insurance business claims

Notice of loss

2. Review insurance liability

(1) Whether the insurance policy is still valid

(2) Whether the loss is caused by the insured risk

(3) Whether the lost property is insured property

(4) Whether the loss occurred at the location specified in the policy

(5) Whether the loss occurred within the validity period of the insurance policy

(6) Whether the person claiming compensation is entitled to make a claim

(7) Whether the claim is fraudulent

3. Conduct a loss investigation

(1) Analysis of the cause of loss

(2) Determine the degree of damage

(3) Recognition of claims

4. Compensation benefits

5. Loss processing

6. Subrogation ^[2]