Insurance Sales Agents And Brokers

2243 Words9 Pages
Insurance Sales Agents and Brokers
Introduction
The insurance industry is a broad market covering all assets of life and continues to grow. Insurance agents and brokers are sought after sales positions because of the expanding industry and high commission rates. Insurance can cover anything from auto, homes, and property to businesses, individual health, or a persons life. Insurance brokers represent the buyer and shop around for insurance policies that yield the highest value for their clients. Insurance Agents on the other hand represent the insurance companies and sell policies to brokers or straight to the customers. Workers in the insurance occupation typically possess a bachelors degree in risk management, business, or economics. Insurance agents and brokers must have substantial sociable skills as well as extended knowledge of the filed to sell policies to clients. Overall many that enter the insurance industry are known to stay for a longer time than other industries and employees are typically happy with their line of work.
Interest/ Skills Used
Insurance agents and brokers must possess several qualities and skills to perform in this industry. Mathematics, sales, and common business knowledge are a few basic skills that the majority of employees in this field possess. For insurance agents to write policies they need to be able to accurately appraise certain assets. This includes financial calculations like appreciation, computing interests, and future net values.

More about Insurance Sales Agents And Brokers

Get Access