That stereotyped image may have been true years ago, but the insurance industry today is complex and demanding, requiring professionals with both academic knowledge and work experience. The insurance industry employs over 100,00 people across Canada in a wide variety of challenging career areas. In addition, many private businesses, governments, and other organizations hire their own insurance personnel. The insurance industry offers a wide variety of careers and global opportunities for the career-focused and educated insurance professional. And what rates should be applied in relation to those risks.
Claims adjusters can work directly for an insurance company or for independent adjusting firms.
These individuals are responsible for bringing in new business and servicing existing clients to satisfy their client s changing insurance and risk management needs. These are businesses of any size that resell all kinds of personal and commercial insurance products and provide risk management services to individuals and businesses. The multi billion dollar insurance industry supports many other related business and career areas. These include disaster restoration companies who serve all kinds of insurance companies, independent claims adjusters who are contracted by insurers, appraisers who specialize in valuation of goods for insurance purposes, actuaries who calculate insurance risks, corporate risk management staff, who work within large companies assessing their many changing risks, and the many professional insurance associations who provide educational and informational resources to all sectors of the industry. The Business Administration and Insurance program provides course work recognized by the Insurance Institute of Canada, and students become members of the Insurance Institute of Southern Alberta.