1. Why choose a career in the insurance industry?
Insurance Careers
Why choose a career in the
insurance industry?
4/11/2019

2. Agenda A little about me….. Trusted Choice Independent Insurance Agent
Help your community
Be your own boss
What’s your passion
Job Stability
Flex Scheduling
Insurance is Fun! My travels
Resources
VIDEO
Footer Text
4/11/2019

3. Independent Agents VS
Footer Text
4/11/2019

4. Trusted Choice Independent Agents
represent multiple insurance carriers to offer you the best coverage based on your needs
Chubb Group
C N A
Fireman’s Fund
Harleysville
Hanover
Hartford
Liberty Mutual
MetLife Auto & Home
SAFECO
State Auto
Travelers
Westfield
When you are at home tonight you can ask your parents who your insurance agent is and who your company is 
State Farm, Allstate, GEICO sell only their own products and coverages
Footer Text
4/11/2019

5. Help your community
Recent weather events – Hurricanes in OK, Hurricane Sandy in New Jersey
Accidents in winter weather here in Maine
Ice dams
Footer Text
4/11/2019

6. Be your own boss
Footer Text
4/11/2019

7. Agency Owner Do you like problem solving? Making decisions?
Footer Text
4/11/2019

8. What’s your passion
Footer Text
4/11/2019

9. Company Actuary or Analyst
What makes a great actuary?
Detail oriented
Strong math, statistical and analytical skills
Enjoys statistical challenges and probability
National Annual Mean Wage: $107,740
Both the Wall Street Journal and Careercast.com agree that being an actuary is one of the best jobs you can land. Actuaries mathematically determine the probability an event will occur using statistics and other information, so keen math and analytical skills are a must. Actuarial science is an important part of determining cost of insurance and sets the terms and conditions of an insurance policy, including premium costs.
Actuaries need to pass a series of exams through the Casualty Actuarial Society. Many students begin taking these exams while still in college to get a jumpstart on their future career.
Education:
Bachelor’s Degree
Actuaries are on the top of an annual ranking of best jobs by Careercast.com, which ranks careers based on dozens of factors, such as the income growth potential, employment outlook, competitiveness, travel and contact with the pu
Footer Text
4/11/2019

10. Company Claims Adjuster
What makes a great claims adjuster?
Enjoys helping those at a time of need
Detail-oriented
Passion for investigating situations
Good written and oral communication skills
Strong negotiation skills
Claims adjusters work for an insurance carrier and are responsible for estimating the cost of damage for the customer after an event has occurred. Along with insurance agents, they serve as the first responders. Claims adjusters perform initial investigations of the facts surrounding a claim, determine if and what coverage applies to the incident and recommend payment to the client. Claims personnel also need to know standard claim settlement policies, procedures and statutory or regulatory requirements.
Education:
High School Degree
Associates or Bachelors preferred
National Mean Wage: $62,340
Footer Text
4/11/2019

11. Information Technology
What does it take to be an IT Insurance professional?
Tech savvy
Strategic thinker
Ability to diagnose problems
Great problem solving skills
Detail oriented
Insurance is heavily dependent on technology for day-to-day operations.  IT professionals help develop and maintain the various technology functions necessary to keep agencies and companies operating at peak performance. 
Technology specialists are heavily involved in developing new technologies used to predict losses, track customer data and help companies underwrite business. 
Education:
Bachelors Degree
National Mean Wage: $132,570
Footer Text
4/11/2019

12. Company Underwriter Education: High School Degree
What makes a great Underwriter?
Analytical thinker
Enjoys learning about different types of businesses
Able to understand impact of decisions on stability of company
Strong negotiation skills
Education:
High School Degree
Associates or Bachelors preferred
National Mean Wage: $70,110
An underwriter is responsible for deciding which insurance applications to insure or reject. Underwriters must be able to read and analyze insurance applications, ask the right questions to determine the true exposures presented and determine the appropriate price for insurance based on the exposures of the applicant. 
The underwriter is in a position to obligate the company’s assets to pay for claims and also to increase its income with profitable business. Underwriters are responsible for selection, underwriting, pricing, negotiating and servicing of business for the agent.
Footer Text
4/11/2019

13. Job Stability
Footer Text
4/11/2019

14. Flex scheduling
Footer Text
4/11/2019

15. Opportunity
60% of current insurance professionals are over age 45 and are looking to retire within the next 15 years. What does that mean to you? Lots of opportunities for great jobs in the insurance industry!
Footer Text
4/11/2019

16. Strive to Achieve
Footer Text
4/11/2019

17. Designations
Footer Text
4/11/2019

18. Insurance is FUN!
Footer Text
4/11/2019

19. Resources INVEST InVEST Student Website
Investprogram.org
InVEST Student Website
Learninsurance.org
Independent Insurance Agents & Brokers of America (IIABA)
Independentagent.net
Footer Text
4/11/2019

20. Thank you! QUESTIONS? COMMENTS…
Slide credits to Maine Association of Insurance Agents
All annual wages come from the United States Department of Labor- Bureau of Labor Statistics- May 2013
Footer Text
4/11/2019