What Education Background Do You Need for a Career in Insurance?

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Education

Considering a career in insurance, but not sure if you meet the education qualifications? As in many industries, the insurance industry offers a wide variety of career opportunities, requiring a wide range of educational and professional backgrounds.

Insurance Careers offers tools to help you explore potential career opportunities. Start exploring careers for which you may be a good fit by taking the career survey. After completing the survey, you will learn about jobs that match your interests and skills, get descriptions of position requirements, average salary information, duties and responsibilities, and possibilities for growth and advancement in those careers.

Below are a few examples of the wide variety of insurance careers available.

Administrative Assistant

Some typical job duties of an administrative assistant include clerical duties, answering telephones, bookkeeping, typing or word processing, opening and sorting mail, office machine operation, and filing.

Education and professional requirements for this role normally include a high school degree, knowledge of office systems and procedures and short-term on the job training.

Benefits Specialist

In this role, benefits specialists conduct programs regarding compensation and benefits and complete job analysis for their employer. They may specialize in specific areas, such as position classification and pension programs. They advise managers and employees on state and federal employment regulations, collective agreements, benefit and compensation policies, personnel procedures, and classification programs.

Educational and professional requirements for this role vary. For entry level positions, a high school degree is required. For mid-level and managerial roles, a bachelor's degree and/or multiple years of related work experience is required.

Claims Representative

Typically in this role, claims representatives obtain information from insured or designated persons for purpose of settling a claim with the insurance carrier. They also process applications for, changes to, reinstatement of and cancellation of insurance policies.

Educational and professional requirements for this role include high school degree/GED and short-term on the job training.

Paralegal

Paralegals assist lawyers by investigating facts, preparing legal documents, or researching legal precedent. They also conduct research to support a legal proceeding, to formulate a defense, or to initiate legal action.

Education and professional requirements for a paralegal include a high school degree for entry, with an associate's degree or multiple years of related work experience. In order to advance in this role, professional certifications would be required.

Special Investigator

Special investigators obtain evidence, take statements, produce reports, and testify to findings regarding resolution of fraud allegations. They may also coordinate fraud detection and prevention activities.

Education and professional requirements for this role also vary by level or position. Entry level roles require an associate's degree or equivalent law enforcement or claims experience. Mid-career level roles require a bachelor's degree and or multiple years related work experience. Managerial level roles require a bachelor's degree and many years related work experience.

To obtain a more comprehensive list of career paths, check out our Featured Careers and browse the required credentials for each career. You may find you already have the education requirements for your dream insurance career. If not, take advantage of Insurance Careers’ many resources to help get you there!

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