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Finance and Banking

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Finance and Banking

Finance and Banking

A qualification in Financial Services (Loss Adjusting) provides the skills and knowledge needed to work within insurance and determine the financial payout on insurance claims.

Duties performed by a Financial Services (Loss Adjusting) worker may include:

  • Using mathematical formulas to work out the financial payout given to customers from insurance companies
  • Communicating with clients to enquire about the type and severity of their accident or theft and working with them to provide the financial payout
  • Maintaining detailed incident reports and other paperwork
  • Providing details to customers regarding the outcome of their claim

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