Risk surveyor in insurance industry

treasure · #1 (**permalink**) 05-09-2012, 05:22 PM

Hi everyone,

I had been working in manufacturing industry for 7 years as an engineer. Currently, I have an offer to be risk surveyor in insurance industry.

Does anyone know of the career prospect for this industry? Is it a good place to go?

treasure · #2 (**permalink**) 06-09-2012, 08:47 AM

Anyone who knows someting about this industry?

#3 (**permalink**) 06-09-2012, 09:02 AM

What sort of risk surveyor?

I never heard of co hiring a mfg engineer with totally no experience straight away as surveyor. Are you sure its not some sales or basic ops fill-up-forms level job with fancy title?

I will never pay >3.5k for someone fresh w/o relevant exp.

treasure · #4 (**permalink**) 06-09-2012, 05:45 PM

Job scope is going to client company to access their risk level before the underwriter and acturist calculate the premiums

#5 (**permalink**) 06-09-2012, 06:42 PM

Quote:

Originally Posted by treasure

Job scope is going to client company to access their risk level before the underwriter and acturist calculate the premiums

It's spelt actuary.

#6 (**permalink**) 06-09-2012, 09:00 PM

how is the pay like?

treasure · #7 (**permalink**) 06-09-2012, 09:29 PM

not bad. better than mfg

#8 (**permalink**) 07-09-2012, 09:39 AM

Sounds like a typical insurance ops role, good if you want some stability and SOP brain dead job that is routine, bad for building a career or making money.

#9 (**permalink**) 07-09-2012, 08:39 PM

Don't knock insurance - its an excellent industry to be in right now. I made the switch from manufacturing and have not looked back since. I spent a number of years as a risk surveyor, which were probably the most interesting years of my life, and the experience gained has put me in good stead. I have moved on to a different role now, and I can assure you that my marketability and salary would not be where it is today had I remained a manufacturing engineer. Go for it!

#10 (**permalink**) 07-09-2012, 10:06 PM

Welcome to the trade!Don't worry. Its definitely better than what you are currently doing now. This is a rewarding job in terms of better prospect, more area of development, better pay, work-life balance.

Downside is you may need to "entertain" the underwriters, brokers, etc and have to use less technical jargon in your report. Constant learning new things is a most.