What Does an Insurance Administrator Do?

As an insurance administrator, you could either work for an insurance company, managing the insurance products your company sells, or for a business or organization, managing employee insurance plans. Keep reading to learn more about these positions. Schools offering Risk Management degrees can also be found in these popular choices.

Career Overview

An insurance administrator manages insurance policies, dealing with the paperwork and the details of insurance contracts on a daily basis. Knowledge of the insurance industry as a whole as well as the specifics of any applicable sub-fields (home insurance, car insurance, life insurance, etc.) must be acquired by any individual interested in becoming an insurance administrator. Many employers prefer to hire individuals with an education or job experience relating to the field of insurance management. Two of the most common routes taken by insurance administrators include working for an insurance company and working for a business or organization.

Important Facts About This Occupation

Median Salary (2015) $45,452 (for claims administrators)
Similar Occupations Administrative Assistant, Claims Adjuster, Medical Billing Specialist
Work Environment Regular weekly hours, usually in an office setting
Licensure Some insurance administrators may have to be licensed, such as those working in property and casualty insurance

Source: PayScale.com

Working for an Insurance Company

Using data entry skills, insurance administrators for insurance companies are also responsible for entering client and company information into a computer application. Should you choose this route, you would need to be adept at finances, managing accounts, often in spreadsheets, and tracking financial data for customers. There may also be instances where you'd speak to clients and customers about different insurance products, such as car, health and life insurance. In this field, excellent customer service skills are a plus and those who are comfortable with sales may find themselves at an advantage in the job market.

Working in a Business or Organization

As an insurance administrator working for a business or organization, you would primarily manage insurance plans for employees. Most large corporations and some small businesses offer employees a range of insurance policy options; as an insurance administrator, you'd manage employee life, health, and dental plans, providing guidance to employees regarding what plans would be beneficial for them. You'd also be responsible for conducting research and assisting employees with your company's open enrollment for insurance.

If your company provides a retirement plan, you'd be responsible for managing all records regarding each employee's plan, as well as collecting spouse information and detailing benefit information. You could also work with the payroll department of your company to make sure the appropriate amount for insurance is being deducted from an employee's wages.

To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below:

  • 1. Degree Options:
The schools in the listing below are not free and may include sponsored content but are popular choices among our users. Tuition and costs will vary across programs and locations. Be sure to always request tuition information before starting a program.

Popular Schools

  • Strayer University

    Strayer University responds quickly to information requests through this website.

    Popular programs at Strayer University:

    • Master
    • Bachelor Degrees
    • Associate Programs

    Online Programs Available

  • Maryville University

    Maryville University responds quickly to information requests through this website.

    Popular programs at Maryville University:

    • Bachelor Degrees

    Online Programs Available

  • Capella University

    Capella University responds quickly to information requests through this website.

    Popular programs at Capella University:

    • Doctoral
    • Master
    • Bachelor Degrees

    Online Programs Available

  • Georgetown University

    Georgetown University responds quickly to information requests through this website.

    Popular programs at Georgetown University:

    • Master

    Online Programs Available

  • Ashford University

    Ashford University responds quickly to information requests through this website.

    Popular programs at Ashford University:

    Online Programs Available

  • Full Sail University

    Full Sail University responds quickly to information requests through this website.

    Popular programs at Full Sail University:

    Online Programs Available

  • Queens University of Charlotte

    Queens University of Charlotte responds quickly to information requests through this website.

    Popular programs at Queens University of Charlotte:

    • Master

    Online Programs Available

  • Saint Leo University

    Saint Leo University responds quickly to information requests through this website.

    Popular programs at Saint Leo University:

    • Bachelor Degrees
    • Associate Programs

    Online Programs Available

  • Purdue University Global

    Purdue University Global responds quickly to information requests through this website.

    Popular programs at Purdue University Global:

    • Master
    • Bachelor Degrees
    • Associate Programs

    Online Programs Available

  • Saint John's University

    Saint John's University responds quickly to information requests through this website.

    Popular programs at Saint John's University:

    • Master

    Online Programs Available

  1. 1
  2. 2
  3. 3
  4. 4
  5. Next »