3 answers

Are there a lot of job openings for insurance agents right now?

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3 answers

Carrie’s Answer

Updated
Hi Drake-
I agree with the advice given to you already. As an independent agent, building your book of business can be a long but rewarding process. However, there are other types of insurance-related positions that you may not know about. For example, I work at AIG, and one of our subsidiaries provides retirement plans (401k, 403b, 457b) for businesses - schools, colleges, etc. As part of our service package, we provide access to financial advisors, who are very well versed in insurance products and educate their clients about the types of insurance that might be helpful to them as they prepare for retirement. Granted they are financial advisors, but many of them hold the same licenses as independent insurance agents.

So to answer your question, yes, there are many openings in this field.

Carrie recommends the following next steps:

  • Schedule some time to talk with an insurance agent about career path
  • Meet with a career counselor at a college/community college for degree info and/or career fairs
Thank you! This helps a lot! Drake D.

Elizabeth A. C.’s Answer

Updated
According to the Bureau of Labor Statistics, employment of insurance sales agents is expected to increase by 10% over the next 10 years. This is slightly higher than the average for other occupations (e.g. sales and related occupations are expected to grow by 7%). With the advances being made in InsureTech, many clients are doing their own research and purchasing insurance online. However, insurance agents will still be needed to help clients understand their options and choose the policy that is right for them.

Jennifer’s Answer

Updated

The career of an insurance agent is very entrepreneurial in nature and very sales oriented so I would say yes, most likely there are quite a few job opportunities available right now. It might help to have an idea of what type of insurance you would like to sell - life and/or health insurance, property and casualty insurance, or personal lines (auto, home, etc.). Each of these different areas of the insurance industry has different licenses and educational requirements so knowing which area you want to specialize in can save you a lot of time and energy.

Jennifer recommends the following next steps:

  • Search the career/job websites to see what is available for entry level insurance sales. If you don't see anything you like you might want to look at working in an insurance agency or for an insurance carrier/company to get a sense if you would like to be an agent.
Thank you so much! Drake D.