Appraiser

L’assurance est présente dans tous les aspects de votre vie

POURQUOI N’Y FERIEZ-VOUS PAS CARRIÈRE

APPRAISER

What do appraisers do?

Appraisers inspect insurance clients' personal property (i.e. car, home, jewelry) for which a claim has been submitted due to an accident, theft or fire. They estimate the loss or damage of personal property and report to the insurance company's claims adjuster. Appraisers also:

Work with adjusters, and replacement or repair suppliers, to find the most cost-effective way to return clients' property back to the state it was in before their loss.
Evaluate insured items such as homes, buildings and vehicles.
Review and analyze data such as past sales, title searches, engineering and alignment maps, coil maps, subdivision plans, water and sewer plans, location cost data and easements.
Present and clarify assessment processes to rate payers.
Prepare appraisal reports for lending agencies, insurance companies, government departments, courts, attorneys, creditors, buyers or auctioneers.

Is this career for me?

Do the following statements accurately describe you?

You have a desire to learn new things and keep up with technological changes
You have strong interpersonal skills, are detail-oriented and have a high computer proficiency
You are able to communicate clearly in written and spoken English
You take direction well and are able to work independently to achieve goals
You have a keen interest in auto mechanics and vehicle repair or building construction and skilled trades
If you answered yes to these statements, then a career as an appraiser might be the perfect fit!

How do I get there?

A combination of the following qualifications would be helpful in gaining employment as an Appraiser in the property and casualty insurance industry.

What should I take in high school?

A high school diploma is required. Your high school course plan should include Grade 12 Academic or Applied English, Math and Science. Suggested courses are computer and business studies. We also suggest technical courses in auto mechanics, woodworking, etc with apprenticeship or co-operative education experience.

College/University

A college diploma or university degree is an asset. Consider a post-secondary education studying the business of insurance, transportation, mechanical engineering or construction.

What does the future hold?

Earning Potential for this role depends on education, experience and geographic region. Much weight is given to those with specialized education (ie. CIP designation), experience and skills. Many employers offer performance-linked bonuses.

Across Canada, employment opportunities for appraisers are on the rise. The increase is largely due to organizations' desire to respond to new businesses and claims. Appraisers will also need to replace retiring workers and meet the needs of an increasing population, especially in urban centres. This has already created a substantial number of job openings and professional opportunities.