The Future Of Loss Adjusting Jobs

The of loss adjusting profession is in a state of flux.companies become less defined, more candidates
Liability is the busiest area in terms of growth;are moving to and from broking jobs, insurers and loss
household in terms of volume. The market, as withadjusting jobs.
other areas of insurance, is characterised by aEnticing new entrants to loss adjusting jobs
shortage of candidates to fill the available pool of lossIn an attempt to attract candidates into Loss Adjusting
adjusting jobs.jobs, employers are offering structured training
There was always a trend to take on contractors,programmes and benefits such as flexitime, more
but the lack of availability of quality permanentannual leave and generous bonuses in response to
candidates has meant that employers are hiring acandidates demanding security, exposure to more
more diverse workforce, including older loss adjusterssophisticated markets and the ability to fulfil their
and those loss adjusters who want to work morecareer aspirations. 
flexible hours. Having loss adjusters in close proximity isCandidates increasingly want to know if there is a
the main priority of claims managers.  sufficient training provision to ensure career
Lack of qualified loss adjustersdevelopment in Loss Adjusting jobs. Benefits are
London has historically always been a vibrantassuming far greater importance, in particular for those
market, offering many loss adjusting jobs, competitionwho move across from other business sectors.
among employers to attract and retain staff isDemand for similar packages is expected and
extremely fierce. However, due to the cyclical naturethe loss adjusting industry has had to react by
of loss adjusters workloads, there are periods wherecarefully looking at recruitment strategies to fulfil both
firms are not as frantic about recruiting for losscandidate needs and business requirements in Loss
adjusting jobs. The market has experienced skillsAdjusting jobs.   
shortages, especially within specialist and propertyCommercial adjusters have to be CII-qualified with a
claims.strong work ethic; for more senior roles, CII and CILA
The crux of the problem seems to revolve around acredentials are required. In the domestic field less
general lack of qualified loss adjusters and this hasconcerned with formal qualifications and more
also been the case in other areas of insurance suchinterested in candidates' commitment and enthusiasm
as underwriting jobs. to learn.
Employers across the country seek smart, personable,The Society of Claims Technicians (SCT) was driven
customer service-focused individuals but identifyingby leading loss adjusters. This recognised qualification
this mix of skills is not always easy. For some firms,introduces career-minded claims handlers to different
investment in training is more crucial than ever.aspects of the insurance industry, has grown in
Increasingly, employers within the insurancepopularity and has begun to shape salary trends.
industry are training candidates from diverseThe future for loss adjusting jobs
backgrounds such as engineering, surveying andLoss adjusters recognise that to attract and retain
accountancy. This provides a pool of talent that canquality staff into loss adjusting jobs, recruitment
be deployed across businesses.strategies have had to be reviewed to keep up with
As the boundaries between financial servicesthe increasing work-life trend.