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Morgan was hired by an insurance company after she graduated from college. Upon completion of a training program, Morgan was assigned to a territory where she adjusts claims of the insurer's policyowners. Morgan is a(n)

a) Underwriter
b) Actuary
c) Claims adjuster
d) Insurance agent

User Bryce S
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1 Answer

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Final answer:

Morgan works as a claims adjuster at an insurance company, a role focused on evaluating and processing insurance claims to ascertain and fulfill the insurer's liability.

Step-by-step explanation:

Morgan was hired by an insurance company after she graduated from college. Upon completion of a training program, Morgan was assigned to a territory where she adjusts claims of the insurer's policyowners. The role of adjusting claims involves evaluating and processing insurance claims to determine the extent of the insurer's liability, and this position in the insurance industry is known as a claims adjuster. Therefore, the correct answer to what position Morgan holds is c) Claims adjuster. An insurance company provides a method of protecting a person from financial loss. Policyholders make regular payments to the insurance entity, and this entity compensates members who suffer significant financial damage from an event covered by the policy. It's important for claims adjusters to evaluate claims thoroughly to prevent moral hazard, which occurs when people with insurance against an event are less motivated to take precautions against it.

User Harshil Lodhi
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