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Transcript of Eddy-Insurance Agents
Environment How To Become An
Insurance Agent Job Outlook Similar Occupations Pay Organizations To Join Call potential clients to expand their customer base
Interview prospective clients to get data about their financial resources and discuss existing coverage
Explain the features of various policies
Analyze clients’ current insurance policies and suggest additions or changes
Customize insurance programs to suit individual clients
Do administrative tasks, such as keeping records and handling policy renewals
Help policyholders settle claims The median annual wage in May of
2010 was $46,770.
Many independent agents are paid by commission only. Sales workers can be
payed by salary only, salary plus
commission, or salary plus bonus. Advertising Sales Agents who sell advertising space to businesses and individuals.
Insurance Underwriters who decide whether to provide insurance and under what terms.
Personal Finance Advisors who give financial advice to people.
Real Estate Brokers and Sales Agents who help clients buy, sell, and rent properties.
Sales Managers who set sales goals, analyze data, and develop training programs for the organization’s sales representatives. Independent Insurance Agents & Brokers of America (IIABA): Oldest and largest national association of independent insurance agents and brokers.
National Association of Health Underwriters: Educates the public and decision makers about the value health insurance.
National Association of Independent Insurance Adjusters: A trade group of property and casualty claims companies. In 2010, there were about 411,500 insurance agents in the United States. Most insurance sales agents work in offices, but the others travel to meet with their clients. Depending on the size of the insurance agency, agents may work alone if it is small or with others if it is bigger. Education A high school diploma is the typical requirement for insurance sales agents, although more than one-third of insurance sales agents have a bachelor’s degree Many insurance agents learn many of their job duties on the job from other agents. Some agencies have their new agents shadow an experienced agent for a while. Training As a whole, as the economy grows, the need for insurance policies grow, creating a need for more agents. However, multilingual agents should have an advantage, because they can serve a wider customer base.
Many beginning agents fail to earn enough from commissions to meet their income goals and eventually transfer to other careers. Many job openings are likely to result from the need to replace agents who leave the occupation or retire. The Hanover Insurance Group is seeking positive, energetic, top performing individuals who desire to build a strong foundation in Insurance. You will work with their independent agents and their customers to create an outstanding service experience. It is located in Howell, Michigan. It offers competitive pay and benefits and generous "Time off with pay." Job Posting for Insurance Agent.