Top Jobs to Get Started With a Career in Insurance
Entry-level Underwriter $45-55k
As an underwriter, you’ll provide credit decisions as well as review medical, legal, financial, and occupational information to determine insurance rates. You’ll also review risk management plans and procedures, and deal with applications and renewals, acceptance, and rejections. You’ll be expected to have a deep understanding of risk, insurance policy coverage, and financial responsibility. Ultimately, an underwriter is the individual who decides if a company should offer insurance to a particular risk.
Entry level Claims Adjuster $45-55k
As a claims adjuster, you are the one to fulfill the company’s promise to pay for a loss when something bad happens. You’ll be responsible for strategic processing and payment of claims while keeping abreast of regulations and legislation in regards to insurance claims. You’ll be in charge of strategies, developing budgets, and overall supporting the operational infrastructure. Most importantly, you interface with the policyholder when they’re going through a bad time and help them restore their life.
Marketing Associate $45-55k
Insurance is competitive and each year companies spend Billions on marketing. Marketing and branding go beyond TV commercials, extending to social media, YouTube, internal communications, and more. As a Marketing Associate, duties can range from arranging proposals and presentations using marketing resource materials to coordinating client communications to internal marketing.
Actuarial Associate (Actuary 1) $65-70k
Using pricing and risk assessment, an actuarial associate is a support role that focuses on projects of limited complexity. They may work in conjunction with more experienced actuaries to develop probability tables that estimate the probability and cost of certain events—death, illness, injury, disability, or loss of property. However, it’s important to note that an actuary has quite a bit of education.
Risk Management Analyst $70-80k
As a risk management analyst, your job will be to protect your organization’s assets. You’ll forecast potential losses, work on solutions to eliminate or reduce risk, and monitor and report on controls. You’ll also work on risk model construction.
Junior Data Scientist $77-97k
As a Junior Data Scientist, you work on projects that change the fundamental roles of traditional insurance professionals by applying machine learning, statistics and business applications to models. You will prepare tables, graphics or software tool components using statistical/biostatistical/machine learning capabilities. You also will assist in the interpretation of results and writing of small sections of technical reports/presentations, and support Senior Data Scientists in data cleaning, coding and validation.
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