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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
This section is generated automatically.
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 ensure that all insurance claims are handled accurately and that payment for valid claims is made to the policyholders. They use statistical data and rep…
Related skills
- Handle financial transactions
- Handle incoming insurance claims
- Handle customer complaints
- Insurance market
- Principles of insurance
- Apply statistical analysis techniques
- Apply technical communication skills
- Decide on insurance applications
- Manage claim files
- Actuarial science
- Statistics
- Insurance law
Last updated on February 19, 2026
