Which responsibility is NOT typically associated with an insurance adjuster?

Setting premium rates is not typically a responsibility assigned to an insurance adjuster. Adjusters focus primarily on the assessment and resolution of claims after a loss occurs, which involves tasks such as investigating claims, interviewing witnesses, examining damages, and gathering all relevant information regarding the incident.

In particular, investigating claims allows adjusters to establish the validity of the claims made by policyholders. Additionally, negotiating settlements is a critical role, as it involves reaching an agreement on the compensation amount with the insured or claimants based on the evidence collected. Documenting findings is essential for maintaining a clear record of the claim process and decisions made, which can be crucial in case of disputes.

On the other hand, setting premium rates falls under the responsibilities of actuaries or underwriters, who analyze data and assess risk to determine how much policyholders should be charged for their insurance coverage. This delineates the distinct roles within the insurance industry, highlighting the adjuster's focus on post-incident processes rather than the initial pricing structure of insurance policies.