Insurance appraisers help with insurance claims cases where loss has happened. They work with insurance professionals and with people making lawsuits. Most insurance appraisers are automotive damage appraisers. But some appraisers can work in other areas of insurance, such as health care, homeownership, or company. Many insurance appraisers work full time. They also work outside the workplace, inspecting broken structures and vehicles.
Insurance appraisers inspect damaged cars or property following a collision and assess the cost of maintenance. Cost calculations are first forwarded to the adjuster. Insurance appraisers play an important role in insurance firms, and they carry out impartial measurements of maintenance costs.
Although a degree is not mandatory to be an insurance appraiser, many businesses hire practitioners with associate degrees, bachelor's degrees, or other qualifications. Any colleges and universities offer associate or bachelor's degrees in banking, risk management, or similar fields. Degrees in similar fields, such as banking, healthcare, or car technologies, may also support prospective insurance appraisers hoping to work directly in those areas.
There is more than meets the eye when it comes to being an insurance appraiser. For example, did you know that they make an average of $25.57 an hour? That's $53,195 a year!
Between 2018 and 2028, the career is expected to grow -4% and produce -13,000 job opportunities across the U.S.
There are certain skills that many insurance appraisers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed communication skills, detail oriented and interpersonal skills.
When it comes to the most important skills required to be an insurance appraiser, we found that a lot of resumes listed 89.9% of insurance appraisers included windows, while 3.1% of resumes included insurance companies, and 2.5% of resumes included heavy equipment. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the insurance appraiser job title. But what industry to start with? Most insurance appraisers actually find jobs in the insurance and professional industries.
If you're interested in becoming an insurance appraiser, one of the first things to consider is how much education you need. We've determined that 47.7% of insurance appraisers have a bachelor's degree. In terms of higher education levels, we found that 5.7% of insurance appraisers have master's degrees. Even though most insurance appraisers have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become an insurance appraiser. When we researched the most common majors for an insurance appraiser, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on insurance appraiser resumes include high school diploma degrees or diploma degrees.
You may find that experience in other jobs will help you become an insurance appraiser. In fact, many insurance appraiser jobs require experience in a role such as body shop manager. Meanwhile, many insurance appraisers also have previous career experience in roles such as owner/operator or owner.