Career and Education Opportunities for Claims Adjusters in Delaware
Delaware has a population of 885,122, which has grown by 12.96% over the past 10 years. Nicknamed the "First State," its capital is Dover, though its biggest city is Wilmington.
There are currently 820 working claims adjusters in Delaware; this should grow 15% to 950 working claims adjusters in the state by 2016. This is better than the national trend for claims adjusters, which sees this job pool growing by about 7.1% over the next eight years. In general, claims adjusters review settled insurance claims to determine that payments and settlements have been made in accordance with company practices and procedures.
Income for claims adjusters is about $24 per hour or $51,320 per year on average in Delaware. Nationally, their income is about $26 hourly or $55,760 annually. Claims adjusters earn less than people working in the category of Adjustment and Analysis generally in Delaware and more than people in the Adjustment and Analysis category nationally. Claims adjusters work in a variety of jobs, including: insurance examiner, claims analyst, and check examiner.
In 2008, there were a total of 553,149 jobs in Delaware. The average annual income was $40,375 in 2008, up from $39,932 the preceding year. The unemployment rate in Delaware was 8.1% in 2009, which has grown by 3.2% since the previous year. Roughly 25.0% of Delaware residents have college degrees, which is higher than the national average.
The top industries in Delaware include nondurable goods merchant wholesalers, management of companies, and offices of other holding companies. Notable tourist destinations include the Business History & Technology Museum, the Arden Craft Shop Museum, and the DCCA.
CITIES WITH Claims Adjuster OPPORTUNITIES IN Delaware
JOB DESCRIPTION: Claims Adjuster
In general, claims adjusters review settled insurance claims to determine that payments and settlements have been made in accordance with company practices and procedures. They also report overpayments, underpayments, and other irregularities.
Every day, claims adjusters are expected to be able to listen to and understand others in meetings. They need to articulate ideas and problems. It is also important that they think through problems and come up with general rules.
Similar jobs with educational opportunities in Delaware include:
- Assessor. Appraise real and personal property to determine its fair value. May assess taxes in accordance with prescribed schedules.
- Business Management Analyst. Conduct organizational studies and evaluations, design systems and procedures, conduct work simplifications and measurement studies, and prepare operations and procedures manuals to assist management in operating more efficiently and effectively. Includes program analysts and management consultants.
- Coroner. Direct activities such as autopsies, pathological and toxicological analyses, and inquests relating to the investigation of deaths occurring within a legal jurisdiction to determine cause of death or to fix responsibility for accidental, violent, or unexplained deaths.
- Cost Analyst. Prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service. May specialize according to particular service performed or type of product manufactured.
- Emergency Management Coordinator. Coordinate disaster response or crisis management activities, provide disaster preparedness training, and prepare emergency plans and procedures for natural, wartime, or technological disasters or hostage situations.
- Insurance Adjuster. Investigate, analyze, and determine the extent of insurance company's liability concerning personal, casualty, or property loss or damages, and attempt to effect settlement with claimants. Correspond with or interview medical specialists, agents, or claimants to compile information. Calculate benefit payments and approve payment of claims within a certain monetary limit.
- Insurance Appraiser. Appraise automobile or other vehicle damage to determine cost of repair for insurance claim settlement and seek agreement with automotive repair shop on cost of repair. Prepare insurance forms to indicate repair cost or cost estimates and recommendations.
- Insurance Underwriter. Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.
- License Examiner. Examine, evaluate, and investigate eligibility for, conformity with, or liability under licenses or permits.
- Real Estate Appraiser. Appraise real property to determine its value for purchase, sales, or loan purposes.
LOCATION INFORMATION: Delaware
Delaware has a population of 885,122, which has grown by 12.96% over the past decade. Nicknamed the "First State," its capital is Dover, though its largest city is Wilmington. In 2008, there were a total of 553,149 jobs in Delaware. The average annual income was $40,375 in 2008, up from $39,932 the previous year. The unemployment rate in Delaware was 8.1% in 2009, which has grown by 3.2% since the previous year. Approximately 25.0% of Delaware residents have college degrees, which is higher than the national average.
The top industries in Delaware include nondurable goods merchant wholesalers, management of companies, and offices of other holding companies. Notable tourist attractions include the Arden Craft Shop Museum, the Delaware Center for the Contemporary Arts, and the Historical Society of Delaware.