Careers in Insurance you never would have thought of

There is no doubt that many of us are sitting at home trying to stay entertained during this difficult period of isolation due to COVID-19.

For many high school and university graduates, the extra time spent at home provides an opportunity to update their CV’s, and plan for future career opportunities.

What insurance careers might we see more of in the future?

The insurance industry has embraced emerging technologies to keep up with the market and meet the needs of consumers.

It’s provided a window of opportunity for high school leavers or graduates that haven’t yet considered a career in insurance.

Operational roles in the insurance and finance sectors are shifting, and the use of technology to drive customer experience, retention and brand awareness will be critical for all organisations.

Organisations will require talent that brings new digital and technical and IT skills to the table.

As more technology start-ups enter the market, more tech-savvy candidates will be considered, especially in underwriting and loss adjusting.

Digital Forensic Investigator

Some of the most interesting cases to read are the ones about fraudulent claims. Unfortunately it does happen, and many fraudsters get away with it, but as technology advances, the industry has become more savvy to determine the true cause of fraud.

Here are some interesting cases!

https://www.smh.com.au/national/nsw/caught-on-film-eight-month-pregnant-woman-stages-fake-crash-to-fleece-insurance-20150930-gjy8uw.html

https://www.drive.com.au/motor-news/bugatti-veyron-crash-was-insurance-fraud-20140828-3eiza.html

Actuary – Cyber

Cyber Insurance has become a necessity for many organisations, especially when pricing insurance, calculating cyber risk and loss. In this day and age, the risks of having your personal or business information hacked / stolen are greater than ever. If you’re a digital guru with actuarial skills, this one is for you!

Drone Pilot

This one is our personal favourite. Insurance assessors all around the world are using drones to calculate risk, and most importantly assess damage.

Drones are regularly used when natural disasters / storm damages to houses occur, and provide a much safer alternative to a person assessing damages on the ground.

They save time, money, and streamline the claims process.