Some Tips and Tricks for becoming an Insurance Agent

 

Some Tips and Tricks for becoming an Insurance Agent

Here are some tips and tricks for becoming an insurance agent

Insurance Agent:

Insurance Agent: Career Profile - Career:

An insurance agent or insurance representative informs the clients about the various policies of the insurance company. Your main job is to understand the needs of the client in this profession and make him interested in the insurance policy of his organization.

Due to the expansion of business and the increase of people's awareness about future accidents, the field of work and demand in insurance companies is increasing.

An insurance agent at a glance

General Designation: Insurance Agent

Category: Insurance

Type of organization: Government, private firm / company

Career type: Full-time

Level: Entry, Mid

Possible experience limit at entry level: 0 - 2 years

Possible Average Salary at Entry Level: ৳ 15,000 - Depending on the job, organization, commission and experience

Possible age at entry level: 25 years

Key Skills: Knowledge about insurance, sales skills

Special skills: communication skills, being able to build collaborative relationships

Questions related to the profession of insurance agent

Where does an insurance agent work?

What is the job of an insurance agent?

What are the qualifications of an insurance agent?

What kind of skills and knowledge does an insurance agent need to have?

Where do you learn to work as an insurance agent?

What is the monthly income of an insurance agent?

What can a career as an insurance agent look like?

Where does an insurance agent work?

Insurance agents work as representatives in various insurance companies in the country. Such as:

Life Insurance Corporation:

American Life Insurance Company (ALICO)

Delta Life Insurance Company

National Life Insurance Company

Sunlife Insurance Company

Fareast Life Insurance

Homeland Life Insurance

Meghna Life Insurance Company

Sandhani Life Insurance Company

Golden Life Insurance.

What is the job of an insurance agent?

Communicating with potential clients to increase the customer base of the organization

Taking information about the financial resources of potential clients

Discuss insurance coverage

Explain the various insurance policies of the organization

Assist clients in analyzing existing insurance policies and making additions or changes as needed

Assist in the selection of insurance programs according to the needs of the client

Assist in policy renewal

Assist in canceling the policy

Keep a record of all information

What are the qualifications of an insurance agent?

Educational Qualifications: Must have a minimum HSC or Bachelor's degree from a recognized educational institution.

Age: The age limit is determined by the organization.

Experience: Experienced people are predominant in this profession. Usually 1-2 years of experience comes in handy.

What kind of skills and knowledge does an insurance agent need to have?

Clear idea about insurance

Good communication skills

Interesting personality

Patience and foresight

The mentality of working hard

Ability to deal with stress

Beautiful accent

Where do you learn to work as an insurance agent?

No separate training is required if you want to work as an insurance agent. Many are entering this profession after graduation. Besides, candidates who have passed SSC and HSC in different institutions are also taken.

Usually insurance companies train agents separately, where everything from the company's different policies to how to negotiate with clients is taught.

What is the monthly income of an insurance agent?

The income of the insurance agent is basically calculated as commission per client. Every agent has a specific goal of insuring the customer. According to him, he gets commission.

It is possible to earn an average of ৳ 15,000 - ৳ 20,000 at the beginning of the job. This income will increase with time according to the sales efficiency. If you have the ability to make the customer interested, it is possible to make a good income by fulfilling your goal as an agent.

If you work in a government life insurance corporation, you are paid on a government scale.

 

What can a career as an insurance agent look like?

Joining an insurance company as an agent is the first step in this profession. Later you will be appointed as Development Officer or DO, Development Manager or DM, Marketing or Assistant Manager (Sales) etc. It should be noted that if you have the ability to work hard and work skills, it is possible to get promotion in this profession very quickly. There are also attractive income opportunities.