Intro to Desk Adjusting will introduce you to the skillsets needed to work as an Insurance Claims Desk Adjuster. The class will focus on the different types of policies and endorsements and how to interpret and apply them; what makes insurance policies different; how to read a Declaration page; using a FNOL (First Notice of Loss); the various software used by the Desk Adjuster (Xactimate, Xactanalysis, etc.); an introduction to Smartsheet; various Carrier Guidelines; and much more. Students will test their skills on mock estimates. This class provides all of the information and hand-on practice you will need to determine if Desk Adjusting is the right path for you!
What does an Insurance Desk Adjuster Do?
An insurance desk adjuster, also known as a claims adjuster or claims examiner, is a professional who works for an insurance company and is responsible for evaluating and processing insurance claims. Their primary role is to investigate insurance claims, assess the extent of damages or losses, and determine the coverage and settlement amount to be provided to the policyholder. Here are some of the key responsibilities and tasks of an insurance desk adjuster:
- Claims Processing: Desk adjusters are responsible for receiving and reviewing insurance claims submitted by policyholders. These claims can relate to various types of insurance, such as auto, property, health, or liability insurance.
- Documentation: They collect all necessary documentation related to the claim, including incident reports, photographs, medical records, police reports, and any other relevant information.
- Policy Review: Desk adjusters carefully review the insurance policy to understand the coverage limits, exclusions, and conditions that may apply to the claim.
- Investigation: They investigate the circumstances surrounding the claim, which may involve speaking with the policyholder, witnesses, and other parties involved in the incident. They may also inspect damaged property or vehicles.
- Evaluation: Desk adjusters assess the extent of the loss or damage and determine whether it falls within the coverage provided by the insurance policy. They also consider factors such as liability and negligence in cases involving third parties.
- Settlement Negotiation: Once they’ve evaluated the claim, desk adjusters negotiate with the policyholder or other affected parties to reach a fair and reasonable settlement. This can involve discussions about compensation for property damage, medical bills, lost wages, and other related expenses.
- Claims Documentation: They create detailed reports and documentation of their findings and decisions, which may be used in legal proceedings or for internal records.
- Communication: Desk adjusters maintain ongoing communication with policyholders, keeping them informed about the status of their claims and addressing any questions or concerns they may have.
- Compliance: They ensure that all claims processing activities comply with relevant insurance laws, regulations, and company policies.
- Customer Service: Providing excellent customer service is a crucial aspect of the job, as desk adjusters often deal with individuals who are going through difficult times due to accidents, injuries, or property damage.
Desk adjusters typically work in an office setting and may specialize in specific types of insurance claims, such as property and casualty, auto, or health insurance. Their role is essential in helping policyholders receive the appropriate compensation they are entitled to under their insurance policies while also managing the financial risks of the insurance company.
For more information, please contact us. Instructions will be emailed with confirmation of registration.
Look forward to seeing you in a class soon!