Financial Advisor Insurance Agent Job

I am a financial adviser/insurance agent with Series 7, 66, Life & Health. I want to quit my job so that I can work from home, and want to find a company that I can work for part time. I plan to sell, but I do not want to have minimum production requirements.

What would be reputable companies that I can work for?

Is it normal to pay them for keeping my licenses active? How much?

I can't speak to the financial brokerage side, but for Life & Health you can typically get appointed directly with the carriers or with a general agent. There are no production requirements. You will have to pay your E&O. Talk to many local independent brokers/agencies in your area.

2009-05-26 19:46:10 by harriot

milwaukee.jobing.com Randall J. Roethel, CLU®, ChFC®, Senior Agent, has been helping people with their financial needs with Principal Life in ...

want to know the advantages of being a Insurance agent and a mutual fund advisor ? is it worth i quit my job and work as a Financial Advisor ?

The median annual income for financial planners was $62,700 in 2007.
A substantial amount of your compensation will be through commissions. If you have the right connections and the energy level to work that network, you could succeed in this tough career.

2008-04-10 08:49:49 by biju_1942

So here's the deal: I'm looking to start a career in the Insurance industry and work as an Autoplan Insurance Agent. I'm very ambitious and I feel like I can get a lot of clients coming to me as I know it's a job in very high demand. Right now I have a job as a Financial Service Advisor and to be honest, sitting in a chair for 9.5hrs a day answering phones calls minute after minute is NOT ME!!! So is working in the Insurance field flexible with hours? When it comes to, say, meeting with clients, how is that arranged? I plan to get lots. Is it possible to set my own hours? And is there a lot of money to be had here? What restrictions do I have with Level 1 opposed to Level 2? Basically, I would like to know the "ins" and "outs" of becoming an agent. Anyone who could answer me these questions it'd be EXTREMELY helpful and I'd truley appreciate it. I've already enrolled in the course (starting in late May) but I'd like an extra "tidbit" of an outline to what I'm settling into. Thanks!! :)
Ok let me rephrase something. I dont expect clients to fall in my lap, I know of course I will have to get my own in order to make a decent income, but I was wondering what sort of restrictions I have with a Level 1 license opposed to a Level 2. So, what can I do with a Level 2 license that I can't do with a Level 1? Anyone???

If you do not like to spend your days sitting in a chair answering calls and servicing clients then you're not going to be much happier as an Autoplan agent. Insurance hours are not really flexible. An agency/brokerage is open from x:xx A.M. to x:xx P.M., and you will be expected to be there to help service clients. Your only other option is to be a mobile Autoplan agent (aka Road Runner). Mobile agents go to dealerships to process auto policies for people purchasing new/used vehicles and have no plates to drive off the lot with. I personally consider Road Runners to be the bottom feeders of the insurance world, as they pretty much only have limited knowledge in Autoplan (they usually only do New vehicle registrations/New plate transactions and not much else). The dealership would usually call up the agency/brokerage that they have a prior agreement with to send over a Road Runner to do the transaction. Beyond that a person wishing to renew their Autoplan would just show up at the office to process their transaction (the vast majority of ICBC transactions cannot be done over the phone, the client has to come in to the office to show identification). As for salary, expect to make $30,000 to $35,000 to start. You can make up to $50,000 as an Autoplan manager, but you will need a huge amount of experience, a way greater knowledge base of Autoplan (including Fleets, Garage policies, specialty licensing and estate transfers) as well as a Level 2 license. While the additional business that you can bring in is always appreciated, some agencies process two hundred Autoplan transactions A DAY, so don't expect any bonuses unless you work out some sort of bonus commission with the agency you will work for.
Now to answer your question about license levels. I am a level 2, soon to be a level 3. Level 1 allows you to conduct Personal lines business (Auto, Homeowner's, Tenant's, Condo, Travel, Pleasure-craft, etc). Level 2 allows you to do everything a Level 1 can plus you can also do Commercial lines business. Most insurers (not ICBC) require that Personal Lines applications and policies be signed by a Level 2. So while you would be able to do a Homeowner's quote as a Level 1, you would have to call over a Level 2 to sign the application when it comes time to place the business. A Level 3 can do everything a Level 1 and Level 2 can do plus he can be the principal of a brokerage, which means he can be the owner or general manager of an agency/brokerage (every brokerage/agency needs one).

2008-04-24 19:13:45 by ~*LoRie*~

I just posted my resume on monster.com yesterday. This morning, I got an email about a job opening for a financial service agency manager position from Farmers. Is this a scam or should I reply her? The job and the paid is very attractive, but I have never worked as a manager before. I am a recently college graduate. I had worked in as an administrative assistant for 5+ years. Should I reply or just wait for other job offering?

----------------------
Hi,


I work with Farmers District Manager, David Oyler. I was looking through the resumes posted on Monster and had to contact you regarding the Insurance and Financial Services Agency Manager position we have available. After reviewing your resume, it appears as though your career progression, skill-set, and previous experiences are a great match with the qualifications and range of skills necessary to succeed with Farmers Insurance. I realize that this is not necessarily the field that you were looking into when you posted your resume, but with your background and proven track-record, I think our career opportunity may be a great fit for your future career goals and aspirations.

Farmers Insurance Group offers the best entrepreneurial opportunity in the country today. As a Farmers agent, you are an independent business professional, consultant and financial advisor. If you are looking for a career rather than a "job", or want your compensation to commensurate with your hard work and dedication, then Farmers Insurance might have the answer. By operating a Farmers Agency, you are in business for yourself, but not by yourself. You will have the leadership, guidance, and support of your District Manager, Regional Office Personnel, and Home Office Management to build your financial future. Your new future starts with Farmers Insurance Group helping support you financially for the first 2+ years and provide you with the proven tools and training to become a successful Agency Owner.

TYPICAL AGENT INCOME
1ST YEAR: $70k 2ND YEAR: $150k 5TH YEAR: $250k

Our District Manager is searching for ambitious people in the East Bay area, who have strong business acumen, drive, entrepreneurial spirit, confidence, effective communication skills, independence and a strong desire to be financially successful. If you are interested in exploring this opportunity further, please spend some time reviewing the highlights of the career on our district website www.FarmersTeam77.com. Click through the web pages and give the career opportunity with Farmers Insurance Group careful consideration. If this career seems like it could be a match with you after reviewing our website, I encourage you to investigate the program a little closer and have all of your questions answered during an informative appointment with our Assistant District Manager.

Please contact me directly at (i'm going to hide the number). I can also be contacted via e-mail at (i'm going to hide the email).
If this position as an insurance agency manager and financial advisor is of no interest to you, I apologize for this letter. No reply necessary. Thank you for reading this!

Best Regards,


Julie Hite
District Recruiting Specialist for Farmers Insurance - District 77

Hi, Just checked their website out http://farmersteam77.com/ Looks like a sales agent job to sell insurance policies. Is that what you were looking for? The salary will be exaggerated because it will commission based. No harm in contacting them to find out more. But tread very carefully. Don't give them any money.

2008-10-01 12:52:46 by Mochi