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Career Guidance Skills information skills S2.6 - calculating and estimating S2.6.1 - performing calculations Calculate compensation payments
Description
Calculate the amount due by the insurance company in case of a legitimate claim, authorise the financial transfer and address reclamations to other insurance companies if needed.
Occupations requiring this skill
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Skill demand overview
- Essential in 1 occupations
- Optional in 0 occupations
- Total: 1 occupations
- Most common in: ISCO major group 3 (Technicians and associate professionals)
Essential for
- Insurance claims handlerInsurance claims handlers ensureÃÂ that all insurance claims are handled accurately and that payment for valid claims is made to the policyholders. They use statistical data and r…
Related skills
- Interview insurance claimants
- Analyse financial risk
- Synthesise financial information
- Types of insurance
- Assess coverage possibilities
- Maintain records of financial transactions
- Organise a damage assessment
- Handle financial disputes
- Communicate with beneficiaries
- Trace financial transactions
- Handle financial transactions
- Handle incoming insurance claims
