- Many openings and opportunities for advancement: The Department of Labor has stated that 400,000 people will be retiring from the Insurance Industry in the next few years
- Low barriers to entry into the field. While many firms want you to have a 4 year degree, they will also consider work experience and military service in lieu of formal college education.
- Insurance is a regulated, recession-resistant industry. It’s like toilet paper, you have to have it! This means fewer layoffs in down economies.
- Consistent Mon to Fri office hours with good work/life balance, competitive salaries, department bonus or commission opportunities, and benefits/retirement packages. Many firms have a commuter program or have free parking.
- Interesting and mentally challenging work using state of the art computer systems
- Ongoing career development, mentoring, and company paid continuing education/certification programs so you never stop learning.
- Many different insurance areas to specialize in. There are Personal Lines (what the public buys; home, auto, RV, rental etc), Commercial Lines (what businesses buy and have to have), and Benefits (medical, dental, vision, disability, and life; what companies buy for their employees, or what individuals buy if self-employed).
- Lots of different types of insurance career paths: inside sales, customer service, claims, underwriting, account management, producers, marketing reps, operations, analysts, and the list goes on!
- Opportunity to develop great long-term coworker relationships and ability to network with other insurance professionals at industry events
- Opportunities to give back to your local community. Many insurance firms are very involved in local charities and events.
