0090 Maxwell Salveson

General information

Submitterʼs name
Maxwell Salveson
Submitted on behalf of
Individual

About the submission

Please select the industry your submission is in relation to. If required, you may select multiple industries.
Financial and Insurance Services
Do you have a particular regional interest? If required, you may select multiple regions.
National

Responses

1. Do you consider that occupations need to be added to or removed from the Medium and Long-term Strategic Skills List (MLTSSL)?

Removed from MLTSSL

What occupations should be removed from the Medium and Long-term Strategic Skills List (MLTSSL)?

599612 Insurance Loss Adjuster

Please outline the evidence or data that would support these occupations being removed from the MLTSSL

A skilled loss adjuster is a person with education in insurance law and loss adjusting practice acquired over many years of practical experience. Loss adjusters were formally sourced or recruited from the pool of persons with a grounding in general insurance with years of experience in underwriting and claims, however with the growth in size of general insurers the pool of persons with appropriate grounding has seriously diminished. It is also an additional factor that the life of a loss adjuster is very stress full and the number of persons wishing to perform the role or who are personally suited to the task are limiting factors. Loss adjusting firms have always employed some trainees, however in a profession where income is derived from the work of the practice team and their time based professional fees, the opportunity to cost in additional trainees is not readily available. The call on local loss adjusting services can extend to international work and at times overseas loss adjusters will be brought into Australia as well. For any firm the replacement of a senior loss adjuster can only come from recruiting a person from another firm or sourcing an experienced person from overseas to add to the pool of practitioners. This usually from the UK or currently South Africa. Anything which impedes this process ignores the facts and is short sighted. There are 2 sides to Loss Adjusting in Australia where one group acts as the agent of insurers and the other, those firms acting mainly as Public Adjusters although still on occasions being appointed by Insurers. The services of the latter firms are increasing and require practicing loss adjusters with wide experience. The proposal to exclude the entry of skilled overseas professionals is wrong and will lead to further dumbing down of insurance practice in Australia and the quality of services available to the insuring public.

2. Do you consider that occupations need to be added to or removed from the Short Term Skilled Occupation List (STSOL)?

Removed from STSOL

What occupations should be removed from the Short Term Skilled Occupation List (STSOL)?

Please outline the evidence or data that would support these occupations being removed from the STSOL.

Insurance is an International business. The London Market is still the home of insurance practice, broking firms are owned by international companies and the movement of staff including Australian nationals is an important feature of operations and career opportunities.

3. Do you consider that occupations need to be added to or removed from the Regional Occupation List (ROL)?

Removed from ROL
Do you have any supporting material for your submission?
No

Last modified on Monday 1 April 2019 [45196|134811]