Advice Needed?? Please Help!

[NewbieOKC]

I am looking at getting into the Insurance biz here in OK and am overwhelmed in the decision making process. I was hoping to get some feedback here on the best direction to go. Not looking to start a bash session against carriers, just a little insight.

I have nearly 20 yrs of B2B/outside sales experience and have been enticed to get into the industry after being offered a RDM position with Farmers. Unfortunately my credit is a bit shoddy so, no bueno there. But it got me interested none the less.

I have looked at, talked to or heard about so many different companies my head is spinning. From Combined to Aflac, AIL, NYL, PMA, UHA, Inshpere, it's just so confusing...

What I do know is this, I have no fear of cold calling and building a book of business. I want solid support and decent training. But more important I want a strong product line to sell and don't have months to starve with no income.

Please, Please Help!

Best Regards,

J~

 

[xrac]

I am looking at getting into the Insurance biz here in OK and am overwhelmed in the decision making process. I was hoping to get some feedback here on the best direction to go. Not looking to start a bash session against carriers, just a little insight.

I have nearly 20 yrs of B2B/outside sales experience and have been enticed to get into the industry after being offered a RDM position with Farmers. Unfortunately my credit is a bit shoddy so, no bueno there. But it got me interested none the less.

I have looked at, talked to or heard about so many different companies my head is spinning. From Combined to Aflac, AIL, NYL, PMA, UHA, Inshpere, it's just so confusing...

What I do know is this, I have no fear of cold calling and building a book of business. I want solid support and decent training. But more important I want a strong product line to sell and don't have months to starve with no income.

Please, Please Help!

Best Regards,

J~

There is no clear best. Look for good local management and a mentor to train you. That is the most important thing.

 

[agent m]

If it were me, Id shoot for NYL but only because I know more about them.

 

[gflo]

What market are you targeting?

 

[Jvick5]

I'm in the same boat. I'm so confused on what direction to take. Everybody says stay Indy but they all started captive than went independent. I have opportunities to work with Aflac, bankers, and NYL or stay independent and grind it out. So confused please help!! And sorry not trying to take over your thread but I feel we're in Te same position.

 

[NewbieOKC]

Thank you all for your time and advice!

@jvick5
No worries...

@gflo
Initially I was think of leveraging my business sales exp and network and focus on accident/sickness and life and was leaning towards Combined. But then I am torn because I feel that Med Sup and FE could be just as lucrative if not more with possibly a shorter initial timeline...

So, yeah, I'm clueless... Lol

Let me re-phrase my plea: If any of you had to do it again, starting today, knowing what you know now; what direction would go? And who would you go with, if you had to pick one?

Thank you all, your help in this is invaluable!

J~

 

[ihsingchou]

The downside of insurance is building up your book. It can take up to 1 to 3 years before breaking even or having reserves for a year.I'm Trying to start an agency but working full time elsewhere until I can build my book.