Description
Advise on specific contracts and general insurance guidelines, such as the terms of coverage, the risks that are involved, the handling of claims, and terms of settlements.
Alternative labels
advise on insurance coverage
prepare insurance policies
advise on insurances
market insurance policies
recommend insurance policy
Skill type
skill/competence
Skill reusability level
sector-specific
Relationships with occupations
Essential skill
Advise on insurance policies is an essential skill of the following occupations:
Optional skill
Advise on insurance policies is optional for these occupations. This means knowing this skill may be an asset for career advancement if you are in one of these occupations.
Actuarial assistant: Actuarial assistants perform statistical data research in order to set premium rates and insurance policies. They review the possibility of accidents, injuries and property damage by using statistical formulas and models.
Loss adjuster: Loss adjusters treat and evaluate insurance claims by investigating the cases and determining liability and damage, in accordance with the policies of the insurance company. They interview the claimant and witnesses and write reports for the insurer where appropriate recommendations for the settlement are made. Loss adjusters’ tasks include making payments to the insured following his claim, consulting damage experts and providing information via telephone to the clients.
References
- Advise on insurance policies – ESCO
