Insurance claims manager to loss adjuster
An insurance claims manager already meets 51% of what the loss adjuster role asks for. The move turns on 10 required skills not yet in the profile.
54.9/ 100
1 How much of what a loss adjuster is expected to do is already part of an insurance claims manager’s work. Directional: the figure for the reverse move differs, because moving into a speciality is not the same problem as moving out of one. 2 Every skill the loss adjuster role is recorded as needing, required and optional together. What these numbers mean.
Why this move works
A loss adjuster role treats 11 of its required skills as things an insurance claims manager already does. You would walk in with these on day one.
- analyse claim files
- estimate damage
- handle incoming insurance claims
- initiate claim file
- insurance law
- manage claim files
What stands in the way is 10 required skills the profile does not yet cover. Table 3 groups them; Table 4 says which to take first.
Table 2 · What you already bring
Of the 19 skills that carry over, these are the ones fewest other occupations ask for. A loss adjuster role needs them, and most people applying for one will not have them already. This is the part of an insurance claims manager background worth leading with.
- already held initiate claim file information skills
- already held handle incoming insurance claims communication, collaboration and creativity
- already held manage claim files information skills
- already held analyse claim files information skills
- already held assess customer credibility communication, collaboration and creativity
- already held review insurance process information skills
All 19 carried skills, including the 11 the loss adjuster role treats as required.
Table 3 · What you may need to learn
The 20 missing skills fall into 4 areas of the ESCO skill hierarchy, numbered in the order worth working in. Areas carrying the most required skills come first, and inside each one the required skills sit above the optional ones. Nothing here is a verdict on you: it is a list of what this particular job asks for that your current one does not.
- still to learn assess coverage possibilities required
- still to learn check for damaged items required
- still to learn compile appraisal reports required
- still to learn document evidence required
- optional, not held classify insurance claims optional
- optional, not held collect property financial information optional
- optional, not held determine cause of damage optional
- optional, not held identify damage to buildings optional
- optional, not held investigate occupational injuries optional
- optional, not held obtain financial information optional
- still to learn propose settlements required
- still to learn interview insurance claimants required
- still to learn negotiate settlements required
- still to learn present evidence required
- optional, not held advise on insurance policies optional
- optional, not held create cooperation modalities optional
- optional, not held listen to the stories of the disputants optional
- optional, not held provide information on properties optional
- still to learn claims procedures required
- still to learn actuarial science required
Table 4 · Where to start
The 3 entries a loss adjuster role is least likely to hire without. The ordering is computed from the skill data, not from what pays.
- 01 propose settlements practise this
- 02 actuarial science study this
- 03 assess coverage possibilities practise this
Each entry opens a course search for that skill. Career Overlap earns nothing from these links.
Appendix · The rest of the record
All 19 skills that carry over
- already held analyse claim files skill
- already held estimate damage skill
- already held handle incoming insurance claims skill
- already held initiate claim file skill
- already held insurance law knowledge
- already held manage claim files skill
- already held manage claims process skill
- already held organise a damage assessment skill
- already held principles of insurance knowledge
- already held review insurance process skill
- already held types of insurance knowledge
- already held analyse financial risk skill
- already held assess customer credibility skill
- already held conduct financial audits skill
- already held create a financial plan skill
- already held ensure cross-department cooperation skill
- already held fraud detection knowledge
- already held manage contract disputes skill
- already held prepare financial auditing reports skill
10 supplementary skills, helpful but not required
- optional, not held advise on insurance policies optional
- optional, not held classify insurance claims optional
- optional, not held collect property financial information optional
- optional, not held create cooperation modalities optional
- optional, not held determine cause of damage optional
- optional, not held identify damage to buildings optional
- optional, not held investigate occupational injuries optional
- optional, not held listen to the stories of the disputants optional
- optional, not held obtain financial information optional
- optional, not held provide information on properties optional
22 held skills the loss adjuster role does not ask for
- not needed by the target role advise on financial matters skill
- not needed by the target role analyse financial performance of a company skill
- not needed by the target role analyse insurance risk skill
- not needed by the target role analyse market financial trends skill
- not needed by the target role apply technical communication skills skill
- not needed by the target role corporate social responsibility knowledge
- not needed by the target role create insurance policies skill
- not needed by the target role enforce financial policies skill
- not needed by the target role financial analysis knowledge
- not needed by the target role financial management knowledge
- not needed by the target role financial statements knowledge
- not needed by the target role follow company standards skill
- not needed by the target role handle customer complaints skill
- not needed by the target role handle financial disputes skill
- not needed by the target role insurance market knowledge
- not needed by the target role lead claim examiners skill
- not needed by the target role liaise with managers skill
- not needed by the target role manage financial risk skill
- not needed by the target role manage staff skill
- not needed by the target role plan health and safety procedures skill
- not needed by the target role recruit employees skill
- not needed by the target role strive for company growth skill
2 gaps that are knowledge rather than practice
Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.
- still to learn actuarial science required
- still to learn claims procedures required
Other moves recorded from insurance claims manager
Common questions about this move
Can an insurance claims manager become a loss adjuster?
Yes, and it is a moderate move. An insurance claims manager already covers 51% of what a loss adjuster is expected to do: 19 skills carry over, 11 of which the loss adjuster role treats as required.
What skills does an insurance claims manager need to become a loss adjuster?
10 required skills are missing, plus 10 optional ones. They fall into 4 areas of the ESCO skill hierarchy, led by information skills. The single most important is propose settlements.
How hard is the move from insurance claims manager to loss adjuster?
Its learning distance is 54.9 out of 100, which is the moderate band. That accounts for both how much is missing and how specialised those skills are.
How this record was compiled
Both occupations are taken from ESCO, which lists the skills and knowledge each occupation is expected to have and marks every one required or optional. Nothing here is a prediction about hiring, and nothing here knows that a particular employer wants a particular certificate. Treat Table 3 as a starting point for your own research rather than a syllabus. The full method states what these figures can and cannot tell you.