What motivates you in the insurance industry?
Asked by: Shaina Hettinger PhD | Last update: June 24, 2025Score: 4.1/5 (69 votes)
What attracted you to the insurance industry?
Show some enthusiasm and passion for the field and its impact on society. You can mention how insurance contributes to economic development, social security, and risk management. You can also share some examples of how insurance has helped you or someone you know in a personal or professional situation.
Why are people interested in the insurance industry?
You Can Help Others. A good insurance professional has the potential to help those in need, such as victims of natural disasters and people enduring a health crisis. Insurance professionals also help make it possible for an individual to buy a home or start a business. Wherever there is value, you can help protect it.
What motivates insurance agents?
- Rewards for following due process. Often, the process can be as necessary as a result. ...
- Surprise non-cash incentives. Money is the biggest motivator, no doubt. ...
- Rewards for learning and upskilling. ...
- Baseline commissions. ...
- Unlock better incentives with higher deals.
Why do you want to work as insurance agent?
Helping Others: Insurance agents provide a valuable service by helping individuals, families, and businesses protect themselves from financial loss. This aspect of the job can be very satisfying for those who enjoy making a positive impact on others' lives.
What Motivates YOU? - Insurance Sales
How to answer why you want to work in insurance?
Sample Answer: I've always been interested in the insurance industry. Your company has a great reputation and I'm excited to be a part of it. I'm also very interested in the specific projects that you have in mind for me.
Why do you want to join our company?
I'm eager to learn new skills and take on new challenges, and I see this role as a perfect fit for my career goals." "I'm excited about the company's mission and values, and I believe in the work that you do. I'm eager to be a part of a team that is making a positive impact and creating meaningful change."
What is the most important part of an insurance agent's job?
The No. 1 responsibility of an insurance agent is about helping. Yes, insurance agents sell products, write policies and swiftly become experts in their industry. But it all comes down to supporting and helping those who need it most.
What motivates people to buy insurance?
- To protect something they've purchased that has high value (this may be a house, a car, jewelry, etc. ...
- To protect their property and possessions against disasters, such as a fire or flood.
Why is being an insurance agent so hard?
Being an insurance agent can be quite stressful due to the high-pressure environment of sales jobs and the need to meet quotas. The uncertainty of income and the hard work required to build and maintain client relationships add to the stress levels.
What makes insurance industry unique?
In addition, insurers' investments are typically long-term meaning that they are less exposed to short-term market volatility. This is what makes the insurance industry unique in comparison to other financial industries.
Why do you want insurance?
Insurance is a financial safety net, helping you and your loved ones recover after something bad happens — such as a fire, theft, lawsuit or car accident. When you purchase insurance, you'll receive an insurance policy, which is a legal contract between you and your insurance provider.
Why are insurance agents so rich?
One of the primary reasons insurance agents can accumulate wealth is their commission-based income structure. Unlike salaried employees, agents earn a percentage of the premiums they sell to clients. As they build a client base and generate more sales, their income potential increases.
Why should we hire you?
“…because it's a great opportunity for me to learn and grow.” “…because I'm really good at what I do and I can provide valuable insights.” “…because I want to take my career to the next level/in a new direction.” “…because I'm passionate about this industry and this feels like my dream job.”
What attracted you to this company?
Example answers related to the company:
“I'm excited about working for this company because of its excellent reputation in the industry. I believe that working for a well-respected and established organization will give me access to opportunities and experiences that will help me grow my career.”
Where do you see yourself in 5 years?
Response 1: "In five years, I see myself as an important part of this organization, having grown in my role and contributing to the company's success. I want to improve my skills in [mention specific skills relevant to the job], and take on more responsibilities, working with my team to reach our goals."
What motivates a person to buy?
These can include factors such as price, quality, convenience, and functionality. Rational motivations are typically based on a person's need or desire to solve a problem or meet a specific requirement. Both emotional and rational buying motivations can influence a person's purchasing decisions.
Why do you people by insurance?
Along with financial security, insurance gives you peace of mind. Your home insurance policy will help you get coverage for damages to the home. Your family floater medical insurance plan will cover you and your family at the time of hospitalization. Any insurance plan comes in handy at a time of crisis.
How do you convince customers for insurance?
- Understanding Client Needs.
- Educate, Don't Just Sell.
- Highlighting the Value.
- Leveraging Social Proof.
- Creating a Sense of Urgency.
- Personalization.
- Building Trust.
- Conclusion.
Why do I want to work as an insurance agent?
People like being insurance agents because it allows them to build relationships with clients, provide valuable protection, and earn a competitive income. Additionally, helping clients secure their financial future can be rewarding and fulfilling.
What type of insurance agents make the most?
While there are many kinds of insurance (ranging from auto insurance to health insurance), the most lucrative career in the insurance field is for those selling life insurance.
What skills do insurance agents need?
- Analytical skills. Insurance sales agents must evaluate the needs of each client to determine the appropriate insurance policy.
- Communication skills. Insurance sales agents must listen to clients and be able to clearly explain suitable policies.
- Initiative. ...
- Interpersonal skills. ...
- Self-confidence.
What is your biggest weakness?
- Self-criticism. I can be quite critical of myself, which can lead to negative self-talk and eventual burnout. ...
- Fear of public speaking. I am a naturally shy person. ...
- Procrastination. ...
- Issues with delegating tasks. ...
- Lack of experience with skill or software.
Why am I interested in this job?
Talk about specific examples of how you can help this company achieve their goals and highlight any relevant transferrable skills that will make you stand out as the right candidate. Write down any recent achievements you can talk about or any challenges you've faced recently that might be related to this new job.
Can you work under pressure?
Yes, I can work under pressure. Working under pressure is one of the things I had to learn over time. I used to find it uncomfortable when I started. But in my current position as the Team Lead of Logistics, I'm often faced with a series of high-pressure situations where I'm needed to work under pressure.