Liability claims representatives work for insurance companies and act as the company's representative when a policy holder files a liability claim. Most often, the position involves investigating and reviewing automobile accidents; however, individuals and companies possess many types of insurance, and a liability claims representative could work on any claim in any context. For example, a bar owner with business insurance may submit a liability claim after getting sued by someone who was injured in the bar. A liability claims representative would investigate and assess the claim after the business owner submitted a claim.
Liability claims representatives investigate accident claims when the parties to the accident dispute liability. Liability basically means who is responsible, or at-fault, for the accident. The position involves typical investigative work, including interviewing relevant witnesses and reviewing pertinent documentation. Once the investigation is complete, the liability claims representative submits her report to the insurance company. Typically, higher ups base the decision on whether to grant or deny the claim on the liability claims representative's report.
Most insurance companies require applicants for liability claims representative positions to have a high school diploma and bachelor's degree. Because most companies provide extensive training to their employees, a particular area of study is often not a major factor in hiring decisions.
In addition to a bachelor's degree, employers value experience and demonstrated skills. Customer service experience and strong oral and writing skills are important. Applicants should possess keen analytical skills and manage time effectively. Finally, dependability and the ability to work independently are crucial.
Most insurance companies provide training to new employees. Training can last up to 12 weeks or longer, depending on the company. Training usually covers basic insurance concepts, contracts and negotiation skills.
The Bureau of Labor Statistics projects growth for claims investigators to be on par with average employment growth. Competition for these positions should be fierce as applicants continue to outnumber the available positions.
According to the Bureau of Labor Statistics, the median annual income for investigators and claims adjustors, which are synonymous with liability claims representatives, was $55,760.
- Photo Credit road accident image by Nicola Gavin from Fotolia.com
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