Is the worse job you can have wearing a suit Insurance sales?

Question

Wow, every email I get in my Careerbuilder account is an offer from some insurance group. I really did not realize there were so many out there lol. This job has to have a huge turnover rate for new hires.

Answer 1

The payday loans collection agent in a working class area in hard times has to be the worst. Even when you succeed you wish you had failed.

Answer 2

the worse job is the rectal thermometer personal tester at johnson and johnson... buy a new one and look at the package... "each thermometer personally tested and sanitized"...  

have a wonderful day!

Answer 3

As far as i know,this is a question with many different answers,it is really depend on the judgement of yourself,provide a great resource here for reference though.http://insurance.online-frees.info/insur...

Answer 4

Those emails you get are for ALL commission insurance sales.  They will hire anyone off the street because there is no salary.  

They advance you commissions on sales, then the client you sold cancels their policy, and you then owe the company money.

If you have a solid insurance sales job with a salary, then its a decent (not great) gig.

Answer 5

Insurance sales involves prospecting and qualifying your prospects.  This starts with a contact.  While I was selling there were instruments that yield between 35% and 60% commission on annual premium collected for each person insured.  This was paid at once as soon as the application was approved.

The amount of premium collected depends on the persons age, risk, and amount of coverage.  A 40 year old electrician with diabetes who wants $1,000,000.00 coverage, would pay far more than a 20 year old receptionist who is in perfect health and buys the same amount of coverage.  However going after high risk persons sometimes do not pay since the insurance company has the right to refuse such a risk.

If your applicant pays his insurance annually, you're home free.  However if the applicant pays monthly, and is unable to pay for at least 2 complete months out of that year, the policy will become lapsed and the difference in commission is deducted from your next pay check.  So it is your responsible to insure persons who from your estimation is able to comfortably pay his premiums every month.

If you however are able to help your policy holders to see the importance of keeping their policy in tact, and meet your required annual quota, you're in for a nice bonus.

And if you're in the business long enough you'll start earning royalties from policy holders existing policies.  Not big, but it adds up.

Answer 6

It's actually one of the best jobs you can have, but few are cut out for it which is why there is so much turnover.

Getting a job with a company is the easy part.  Making a career out of it is tough.

Answer 7

A career as an insurance won't bog you down with the same old routine, day in and day out. Choosing a career as an insurance  may just be the last career choice you'll ever make.

Answer 8

You are right in the sense that insurance sales tend to have a high turn over rate... it is because most of the income you may get is commissions based, not to mention no-one is interested in listening to a presentation at their front door - even if it helps them. But to answer your initial question, I think being a care taker and have to see crying people all day every day is far more worse... Kudos to those who can handle it. Good luck to you though. If I were you, I'd look at websites of the companies you're interested in. Also, go to temp agencies because you can convert to a full time position from temping a few months... insist on a profession you are interested in though, no filing and basic data entry!