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Skilled in sales? Like breaking down complicated insurance and financial matters so anyone can understand them? Then insurance broker and agency positions on the GreatInsuranceJobs.com Network might be ideal for you! The broker field offers a variety of roles, including sales, account management, IT, administration, operations, claims, and accounting. Insurance brokers generally cater to larger businesses, while agencies handle life, health, auto, and homeowners insurance. Networking is crucial in this industry, so demonstrate your expertise by leveraging the GreatInsuranceJobs.com Network to secure your next job.
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Insurance brokers serve as the sales and marketing arm of insurance companies, selling insurance products to business clients. They sell these products directly to large businesses and earn commissions from the insurance company. While commissions can be lucrative for high achievers, they are often the sole form of payment, so it's important to consider the benefits for your individual situation. Brokers sell various lines of insurance, including workers' compensation, property, general liability, professional liability, and more. Most brokers also have an employee benefits division that handles medical, life, and dental insurance for their corporate clients. Insurance agencies typically write more personal insurance, such as homeowners, life, health, and auto insurance. Many other roles are available with brokers and agents, including account managers (who handle client renewals, endorsements, enrollments, etc.), IT, administration, operations, claims, accounting, training, and enrollment. Agencies can be direct writers (like State Farm and Allstate) or indirect writers that act as the marketing arm for multiple insurance companies. You can find a detailed breakdown of insurance brokerages and agencies here: BLS Website
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