Wha? You kidding me; insurance? Tell somebody you are in insurance and that will certainly clear a room; what’s that smell, did somebody just fart? Will you check your shoes please?
Trust me, I’m a doctor; I wouldn’t pull your leg…or your finger.
Just hear me out, and then decide if I’m full of it.
Top 3 reasons why insurance rocks as a career
- Everybody, let me repeat that, everybody is going to buy insurance. You might not like it, and you aren’t going to be showing it off at the cocktail party, but you will buy it.
Most don’t actively think about the role of insurance in our society unless you are working in it every day. But life as we know it would come to a standstill without it. No money would be lent, no construction projects started, no workers employed, no homes, boats, cars or factories built or purchased. No development of new life saving drugs. Nothing. Zilch. Nil. Nada.
See, there is an economic benefit so you better be nice to it. Did I mention everybody will buy it?
The gecko and it’s ilk is just the very tip of the iceberg, here is a sample list of insurances available that will be purchased by someone: life, health, auto, house, boat, aircraft, property, glass & sign, flood, EDP, accounts receivable, valuable papers, crime, equipment, cyber, workers compensation, excess liability, professional, accident, truckers, dealers, cargo, and garage just to name a few.
Regardless of what the economy is doing, people and businesses will still be buying insurance and that totals up to a lot of policies and a lot of service required. The industry is huge and somebody has to work in it, right?
Somebody is saying cha-ching.
- Insurance companies and agencies are a business. And guess what, they need people to work in this industry just like Ford, Google and Exxon. And not just any people, but the sharpest and brightest. Between technology and ever changing exposures and appetites for risk, the industry needs the best of the best, the youngest and the brightest.
The industry has done a very poor job of attracting talent; the majority of people getting into insurance do it by happenstance rather than seeking it out. The industry does a very poor job on the agency side too of not only attracting talent, but having the proper platform in-place to train them once they walk through the doors.
But I hate insurance, and I don’t want people to hate me. Yeah, they hate it until they need it, and then they can’t have enough of it. Can you say tough-love?
My point is, the industry is wide-open and it’s huge. And even though everything revolves around the insurance product, there are many, many more career fields that are applicable in this industry as well. Did you know…in addition to sales, the other career fields you will find are HR, management, marketing, IT, service, PR, social media, risk management, claims, claims management, actuarial, legal, and accounting to just name a few.
Well, why didn’t you say so…
Did I mention everybody will buy insurance?
- It’s so confusing, how could I even think about learning every product? Because the industry is regulated, most in the industry has to have some kind of license or another. And because of this, there is more than ample opportunities to continue your education in addition to the on the job training always available. Most settle into a certain specialty as opposed to being a generalist.
Because the general public is loath to actually read a policy, what a great opportunity for someone to take the time and become proficient in their niche and be able to provide credible, clear and concise advice. The person who can do that is worth their weight in gold.
And did I mention all the other career fields you will find in this industry. Become proficient in that and know insurance… priceless…
I hear you, so now convince me
If you are an extrovert and like people, do we have a spot for you. If you are an introvert and prefer being behind the scenes, do we have a spot for you. Bottom line, there is a place and job for everybody and every personality type. If you like numbers, technology, creativity, networking, any and all and some of the above, sign on the dotted line.
What is the next step
Preach it, if you know people who are struggling in the current job market, seek out the insurance companies and agencies with your skill set and see what is available.
Have patience, but it’s an industry the cream will truly rise to the top faster than most industries. And if you can show how your skill set will help their bottom line, the sky is the limit.
Not only do I have a marketing degree, but also a degree in risk management-insurance. Did you know my school of risk management-insurance had a 98% placement rate when I graduated? Well, now you do…
Most young adults probably don’t think it’s a cool profession, but once you get in you will see how much technology is involved and I can personally attest it can be a fun profession too.
If you don’t, you should, the door is wide open and the water feels just right.
Did I happen to mention, everybody will buy insurance.