Final answer:
An adjuster's primary functions are to investigate, manage, evaluate, report, and negotiate claims, which are central to the financial operations of an insurance company. They ensure efficient claims processing, contributing to the company's customer service and financial stability.
Step-by-step explanation:
The question concerns the primary functions of an adjuster in the insurance industry. An adjuster is primarily responsible for Investigating, managing, evaluating, reporting on, and negotiating and disposing of claims. This role is critical as it directly relates to the major financial activities of an insurance company, which includes receiving income from insurance premiums and investment income, and paying out claims.
Insurance companies need to manage these activities carefully, as the premiums and claims can represent a substantial flow of cash, whereas administrative costs and income from investments are typically smaller in comparison to the premiums and claims payments. Adjusters play a crucial role in handling claims effectively to ensure customer satisfaction and the financial stability of the insurance firm.