What do you like about the insurance field?

Asked by: Genesis Oberbrunner  |  Last update: February 11, 2022
Score: 4.9/5 (27 votes)

An insurance career can help satisfy this desire for meaningful work and community involvement. At its roots, the insurance industry is about protecting members of a community. For example, insurance can pay to rebuild a home after a fire, provide for loved ones after a death, or help workers injured on the job.

Why do you like working in insurance?

There are many other reasons why someone might love working in insurance. Some of the reasons might include compensation, flexibility, and stability just to name a few. If you're considering a career in insurance I would encourage you to explore that interest further by reaching out to someone in the industry.

What do you like about being an insurance agent?

Insurance agents are meeting and working with new people on a daily basis. You get to learn about their interesting jobs, lives and the journey they took to get to where they are. You have the opportunity to learn about every individual's insurance needs and strategize how to best meet those needs.

Do people enjoy working in insurance?

The Top Reasons People Like Working in Insurance

But some of the most common things people find attractive about the industry include: It's rewarding. Insurance is a chance to provide essential support to people who need it.

What are the benefits of working in insurance?

10 reasons why an insurance career is great for millennials
  • There's a job for your skills. ...
  • Insurance careers are sustainable. ...
  • Career advancement provides opportunities to learn. ...
  • Diversity is welcome. ...
  • Teamwork is unavoidable. ...
  • The work is not boring. ...
  • You will shape what insurance looks like for years to come.

INSURANCE Interview Questions and Answers (Insurance Clerk, Insurance Broker, Agent & Manager)

43 related questions found

What do you think of career in insurance?

An insurance career can help satisfy this desire for meaningful work and community involvement. At its roots, the insurance industry is about protecting members of a community. For example, insurance can pay to rebuild a home after a fire, provide for loved ones after a death, or help workers injured on the job.

Is insurance a good career path?

Due to the low barriers of entry, insurance sales is a good career choice for people who are transitioning into a new career following a major life change. ... A college degree is preferred but is not required in many insurance firms. Unlike many other finance-related positions, prior experience is also not required.

Why do you want this job?

'This opportunity is really exciting for me as I will be able to…' 'I see the role as a way of developing my career in a forward-thinking/well-established company/industry as…' 'I feel I will succeed in the role because I have experience in/softs skills that demonstrate/ I've taken this course…'

What excites you about this position?

Talk about your priorities and preferences – identify three key things you really like about the role. Discuss areas of the role in which you excel and support those with examples using the STAR technique. ... Mention the opportunities the role offers to further develop special knowledge or skills.

Why did you choose insurance career?

You Will Enjoy Job Benefits, Security, and Good Pay

Insurance is more stable than other industries during a recession. This is because, regardless of the economy, people and businesses require risk protection at all times. ... Insurance is a lucrative industry, therefore you should expect excellent compensation.

What are the challenges of being an insurance agent?

4 Common Challenges Facing Insurance Agents
  • The Pressure to Produce. ...
  • Not Enough “Luxury” Coverage Demand. ...
  • Being Cut Out of the Process. ...
  • Overcoming Negative Stereotypes. ...
  • Insurance Pre-Licensing Courses.

What is the job description of an insurance agent?

Insurance Agent Job Description

Insurance agents sell and negotiate life, health, property, or other types of insurance to match the needs of their clients. As an insurance agent, you may work for an insurance company, refer clients to independent brokers, or work as an independent broker.

How do you respond to you are interested in a job?

Thank you for reaching out about this opportunity—it sounds like a great job and aligns with where I'd like to take my career. I'm eager to learn more. As you many have seen on my resume, I have [X number of years] in this field. I've been consistently committed to [Specific goal, skill or trait the new job entails].

What excites you about this company answer?

Points to Emphasize
  1. Talk about values that the company has that match up with yours.
  2. Remember, a little flattery goes a long way.
  3. Demonstrate a knowledge of the company. This means that you will have to do some research.
  4. Let the interviewer know how this company fits in with your career goals.

How do you answer why do I want this job?

1. Show your passion for the role and the company
  1. Discuss how the value of the company align with yours.
  2. Mention which services and products excite you the most.
  3. Give examples of recent achievements of the company that particularly stood out to you.

What are your strengths?

Some examples of strengths you might mention include:
  • Enthusiasm.
  • Trustworthiness.
  • Creativity.
  • Discipline.
  • Patience.
  • Respectfulness.
  • Determination.
  • Dedication.

How do you handle stress and pressure?

Common stress management strategies include:
  1. Staying positive.
  2. Using stress as a motivator.
  3. Accepting what you can't control.
  4. Practicing relaxation methods, like yoga or meditation.
  5. Choosing healthy habits.
  6. Learning how to manage time better.
  7. Making time for your personal life.

What do you say when a recruiter reaches out to you?

You can say things like "thank you for calling" or "I appreciate you reaching out" to show both gratitude and respect. If you decide the job opportunity isn't right for you, you can express your gratitude but decline any invitation to discuss the position further.

What skills do you need to be an insurance agent?

Below are some of the characteristics a successful insurance agent needs to complete their puzzle:
  • People Skills. People skills are the number one characteristic of a successful insurance agent. ...
  • Good Salesmanship. ...
  • Customer Service Skills. ...
  • High Energy Level. ...
  • Honesty. ...
  • Knowledge on a Variety of Products. ...
  • Choose the Right Carrier.

How do you describe an insurance agent on a resume?

Motivated Insurance Agent with over 8 years of experience in sales and customer relations.” “Seeking to leverage proven sales experience and achievements into the open management role in your company.”

Do insurance agents make good money?

According to that data from the Bureau of Labor Statistics: The median annual wage for insurance agents was $48,150. The highest paid 10% of insurance agents earned more than $116,940 annually. The lowest paid 10% of insurance agents earned less than $26,120 annually.

How do insurance agents compensate?

Insurance Agent Compensation
  1. Commission Payments. We pay commission based on a percentage of the premium the policyholder pays. ...
  2. Additional Commission Payments. ...
  3. Expense Reimbursement. ...
  4. Entertainment and Other Things of Value. ...
  5. Business Production Incentive Programs. ...
  6. Loss Control Agreements. ...
  7. Agent Stock Purchase Plan.

What does an insurance agent do on a daily basis?

The daily tasks of an insurance agent

Ensure all paperwork is filled out and properly filed in order to put policies in place. Customize insurance policies to meet your client's needs. Ensure all policy requirements are fulfilled. Inspect properties to evaluate current conditions and decide on potential risk.

What should I say in an insurance interview?

General questions
  • Tell me a little bit about yourself.
  • Why do you want to work in the insurance industry?
  • Why do you want to work for our company?
  • What are your strengths?
  • What are your weaknesses?
  • What does good customer service look like to you?
  • What do you hope to learn in this role?

What is insurance simple words?

What Is Insurance? Insurance is a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company. The company pools clients' risks to make payments more affordable for the insured.