5 Perks of Working in the Insurance Industry


Whether you’re ready for a career change or looking to move up in your career, don’t overlook the many perks of working in the insurance industry. In addition to an influx of job opportunities over the next decade, insurance industry professionals enjoy a number of benefits that are hard to find in other career paths.

Here are five perks and benefits you can look forward to with your job in the insurance industry:

#1: Job Stability and Opportunities Through 2024

The U.S. Bureau of Labor Statistics anticipates approximately 43,500 jobs will be added in insurance sales alone from 2012 through 2024. Whether you enter the field as an insurance agent, sales manager, marketing assistant, or underwriter, you can look forward to a variety of job opportunities and career stability in the field. Demand for agents is expected to remain steady and employment is expected to grow 9 percent, faster than the average of all occupations. The Bureau of Labor Statistics attributes most of this growth to an increase in demand for long-term care and health insurance among the baby boomer population.

#2: Top Career in Sales and Marketing

According to the most recent rankings of The 100 Best Jobs according to U.S. News & World Report, insurance sales agent jobs are #3 in Best Sales & Marketing Jobs compared to other industries and ranked #84 out of The 100 Best Jobs based on salary, the job market, future growth prospects, stress, and work life balance.

#3: Flexible Work Arrangements

If you work as an insurance sales agent or provide support to a sales team, you may have the option to work remotely. Many employers now offer work from home days or give employees the option of working from anywhere they choose as long as they meet their objectives. You may be required to attend meetings at the office on occasion or participate in company-wide events but outside of that, you can look forward to flexible work and scheduling options without the cubicle.

#4: Self-Employment Opportunities

U.S. News & World Report also points out that while almost half of insurance sales agents employed around the country work for an insurance agency or brokerage firm, nearly 20 percent are self-employed. If you have an entrepreneurial spirit and thrive on business-building activities, you may be able to enjoy a successful career as an independent insurance agent. Working for yourself also means you will work on your own schedule and can develop your own system for attracting and developing leads. It’s not for everyone but if you want to break free of traditional employment, working in the insurance industry offers this option.

#5: Opportunities to Travel and Meet People

If you have an outgoing personality, enjoy visiting new places and like working with a variety of people, a career in insurance may be a dream job for you. Many insurance sales agents spend a good amount of time on the road meeting clients and working with sales teams on various projects. You will get paid to train with your sales team, have an expense account when traveling, and have the opportunity to meet all types of clients and colleagues throughout your career.



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