Description
Take into account the damage appraisal or incident and injury reports in order to suggest a settlement to insurance professionals which would settle the claim with the claimant, such as estimating repair costs for damages or a reimbursement of medical costs.
Alternative labels
offer settlements
suggest settlements
recommend settlements
Skill type
skill/competence
Skill reusability level
occupation-specific
Relationships with occupations
Essential skill
Propose settlements is an essential skill of the following occupations:
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.
Optional skill
Propose settlements 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.
References
- Propose settlements – ESCO
