Group: Business 1 We are going to presented 3 careers in Business such as:  Claims Examiners  Accounting  Top Executives

Claims Examiners

Task & Responsibilities Claims examiners usually specialize in group or individual insurance plans and in hospital, dental, or prescriptions drug claims. Examiners are provided with guides that supply information on the average period of disability, the expected treatments, and the average hospital stay, for patients with the various illnesses for which a claim may be submitted.

Task & Responsibilities Review health-related claims to see whether costs are reasonable based on the diagnosis. Check claim applications for completeness and accuracy, interview medial specialists, and consult policy files to verify the information reported in a claim. Examiners will either authorize the appropriate payment or refer the claim to an investigator for a more through review.

Skill Examiners must be able to communicate effectively with others Examiners need to be familiar with insurance policy Knowledge of computer applications is extremely important.

Experience No specific experience needed

Values Licensing requirements for these workers are vary by State. Some States have very few requirements, while others require the completion of pre licensing education or a satisfactory score on a licensing exam.

Personality type Conventional Social Investigative

Education Although many in these occupations do not have a college degree, most companies prefer to hire college graduates. No specific college major is recommended. Must be familiar with new medical procedures and prescription drugs.

Additional Knowledge of computer applications College education Conventional

What is needed Continuing educations are very important for examiners because new Federal and State laws and court decisions frequently affect how claims are handled. Need to be more sociable. Learn effective communication skills. Obtain a state required license.

Internship Internship in a health insurance company to gain more knowledge in the filed of claims examiner such as: evaluating claims, authorizing payments Contacting hospitals for documentations and learn to consul policy files for information.

Why this field interests you Employment of claims examiners is expected to grow about as fast as the average for all occupations Stable jobs Have experience, have confident in the field of claims examiner

Work Cited tm ng/125.thml

Accounting

Accountant’s Job Description  Analyze Financial Information  Prepare Financial Reports  Maintain records of assets, liabilities, profit and loss, tax liability, and other financial activities within an organization.

Accountant’s Tasks  Analyze business operation, trends, costs, revenues, financial commitments, and obligations, to project future revenue and expenses or to provide advice.  Compute taxes owed and prepare tax returns, ensuring compliance with payment, reporting and other tax requirements.  Establish tables of accounts, and assign entries to proper accounts.  Maintain and examine the records of government agencies.  Provide internal or external auditing services for businesses or individuals.  Develop, implement, modify, and document record keeping and accounting systems, making use of current computer technology.

Accountant’s Responsibilities  Advice clients on financial matters  Analyze Budgets  Analyze Financial Data  Compile data for Financial Reports  Compute Tax

Requirements to be successful  Bachelor’s Degree in Accounting or a related field.  Accounting and auditing positions in the federal government.  Master’s degree in Accounting  Have previous experience in accounting or auditing  Internship programs in business or accounting firms.

Accounting: Skills and Talents SkillAudit AccountingTax & Financial Management Accounting People skillsMedium Sales skillsMedium Low Communication skillsMedium High Analytical skillsHighVery HighHigh Ability to synthesizeMediumLowHigh Creative abilityLowMedium InitiativeMedium Computer skillsHigh Very High Work hours40-70/week 40-50/week

Experiences  Accounts payable  Accounts receivable  Purchase orders  General ledger and customer service.  Bank reconciliation  Working in the office environment  On job training  Fixed assets  Inventory control  Office management  Payroll data entry

Educational Background  4 years of college (Bachelor in Accounting) or 24 hours semester in Accounting/Auditing.  Practical knowledge of computer and their applications  Passed the CPA (Certified Public Accountant)  2 years experience in accounting.  Knowledge and skills in business management, information technology, and interpersonal relationships

Type of Internship  Accounting  Finance  Government Field  Business Administration

Why Accounting is interesting? Future is Bright  The future of accounting is bright according to the Bureau of Labor Statistics which projects a 34% increase in job openings by the year Demand is especially high in the tax and health care areas. Managerial Accounting Ideas Taking Off  Now firms are focusing on activity- based management, process-view analysis, constraint checking and business process analysis as well.

Image of Accountants Improving  Too many people associate accountants with death, tax and bad news and question our integrity because of the big audit failures that major accounting firms have failed to catch.  Skill Requirements Becoming Broader There is high demand for individuals who can go beyond technical skills and display good interpersonal abilities, legal knowledge sales abilities and foreign language skills.

Sources  accounting.com/acskill.htm  accounting.com/acfacts.htm  ounting1/accountinginternship/

TOP EXECUTIVES Found in every industry -Legislators (Govt.) -Chief executives -Chief executives -Top level Manager -General Manager

What it take to be one Lot of Responsibility High Work load Long Working hours also some time on the weekends. Attending Lot of conferences

Task and responsibilities Setting the corporation’s goals and policies. Performance of finance, property management, market.  raining Administrative service, computer information Sales, purchasing, transportation and legal services responsibilities

Education Education Bachelor’s or higher degree in Business administration or liberal arts If a person want to go in educational department they must have doctorate in the field in which they originally taught or also master degree.

Skills Top executives must have highly developed personal skills and communication skills. Must be able to analyze large amount of data quickly Leader ship skills. Must be able to work in groups Computer skills Decision maker Also Multiple Languages

Values Must be Inspirational HonestInsight Complete Thinker Pragmatists (Positive), Who understand the dollar value of time.

Internship Skill that I would like to improve through internship Work in a group Communicational Skills Planning Leadership skills

Why I Choose this career AuthorityPrestige High Pay Also I want to have my own business so it better to be in that position.

Conclusion  As a group, we are interested in Business because we believe that it would give us a better future. However, it is all come back to ourselves whether we want to be a successful person or not. Keep think positive and going up to reach your goals.

Group Members  Abdul Latif  Young Kang  Shu Chen  Ruth Martha  Aamar Ahmad