A person working as a Insurance Claims Specialist in South Africa will on average earn $4732 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $4,732.00 |
| Weekly salary | $91.00 |
| Daily salary | $12.96 |
| Hourly salary | $1.62 |
This means insurance claims specialist salary is below average!
Job Industry: insurance
Description: An insurance claims specialist is responsible for processing and managing insurance claims on behalf of policyholders. They review policy coverage, assess damages or losses, investigate the claim, and determine the appropriate settlement amount. They communicate with policyholders, insurance agents, and other relevant parties to gather necessary information and documentation. Additionally, they may coordinate with adjusters, appraisers, and legal professionals to ensure accurate evaluation and resolution of claims. Attention to detail, analytical skills, and knowledge of insurance policies and regulations are essential in this role. Insurance claims specialists also need strong communication and negotiation abilities to handle inquiries, explain claim processes, and negotiate settlements. They must maintain accurate records and adhere to company policies and industry standards.
Tagged with: Insurance, Claims, Specialist, Settlements, Policyholders, Regulations