American General Interview Today

[ANG]

AGLA Lord,
Do you feel you are getting good training and support? The office I have been interviewing with and plan to join seems to be very well run. I have been to the office a few times outside of interview visits, and most people there have been with them for a good while. The newest person I met was a little over 6 months in. All were very professional, friendly and encouraging.

 

[USEFUL OR NOT]

OK, Interviewed today and everything went good. Have second interview scheduled for Tues. The pay is 45% commissions with opportunity to earn bonuses at 70-125% of commissions. I have to pay out of pocket to get my licenses but they will reimburse all but $25.00. Once licensed I will be payed $500-$600 a week for 17 weeks while training. Anything I sell during training will go in a pool which after training half my commissions will be paid as earned and half will go in the pool. I will also be paid 9% of pool money weekly along with my commissions. Does this sound about right for captive life insurance companies?

I was there last year at this time as a matter of fact. It sounds like a cake walk and you're going to be on the gravy train.
1. If you don't validate - you will NOT get your pool money!
Even is you miss it by $1.00 - I missed by $13.00 and got **** on!!
2. Don't expect a book of business because you will NOT get one.
3. AIG is big on worksite business now, so expect to be making a lot of cold calls.
4. You must produce weekly - if not in week 13 the honeymoon will be over.
5. Don't ever expect to get any answers from their leaders. AIG has the worst customer service in the insurance business. Their corporate office is a complete joke and there is no accountability.
6. If you have to file a claim for a customer - don't expect it to get issued without a fight.
7. You are not allowed to contact the underwriters - only the AM or up are allowed to have the relationship and unless your manager is really good and efficient - forgot about it.
8. Don't go with AIG - I'd say stay away from the insurance business. Don't drink the kool aid!

 

[joshril]

I was there last year at this time as a matter of fact. It sounds like a cake walk and you're going to be on the gravy train.
1. If you don't validate - you will NOT get your pool money!
Even is you miss it by $1.00 - I missed by $13.00 and got **** on!!
2. Don't expect a book of business because you will NOT get one.
3. AIG is big on worksite business now, so expect to be making a lot of cold calls.
4. You must produce weekly - if not in week 13 the honeymoon will be over.
5. Don't ever expect to get any answers from their leaders. AIG has the worst customer service in the insurance business. Their corporate office is a complete joke and there is no accountability.
6. If you have to file a claim for a customer - don't expect it to get issued without a fight.
7. You are not allowed to contact the underwriters - only the AM or up are allowed to have the relationship and unless your manager is really good and efficient - forgot about it.
8. Don't go with AIG - I'd say stay away from the insurance business. Don't drink the kool aid!

Rediculous... AIG is not a bad outfit. Take the pay and learn the business. If you don't validate after 17 weeks, move on. They are paying you to learn the life insurance business.

FYI, AGLA will give you a higher base salary if you show them you have made more over the past twelve months.

 

[xrac]

Every situation is a learning experience and all experience has it's value. I have learned from experience at American Income, Bankers, and Pyramid and all of it was at my expense (100% commission). The good thing about the AGL experience is they will pay you a salary to learn. If that is the case, learn what you can and move on if it doesn't work out.

 

[ANG]

Bozak,
How did your interview go today?

 

[AGLALord]

AGLA Lord,
Do you feel you are getting good training and support? The office I have been interviewing with and plan to join seems to be very well run. I have been to the office a few times outside of interview visits, and most people there have been with them for a good while. The newest person I met was a little over 6 months in. All were very professional, friendly and encouraging.

The staff is very good, at least most of them. Many 30 year or so folks, friendly and learn a lot from them.

As others have said, if you don't like it in the end, just leave. So far I think I will be staying a while.

 

[xrac]

The staff is very good, at least most of them. Many 30 year or so folks, friendly and learn a lot from them.

As others have said, if you don't like it in the end, just leave. So far I think I will be staying a while.

Go for it then! Good luck!

 

[Bozack23]

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[joshril]

Today was my second interview and everything went well. Talked a little bit about the products i will be selling which was good info. passed credit and background check, never thought i wouldn't. I did ask about what happens if I don't validate and was told I would come off guarantee and be straight commission. But he explained what I need to do to make sure I validate. I have to avg. $550 in annualized premiums weekly which will qualify me for all bonus money and if I do that he said I would validate around week 13. Doesn't sound like the "Gravy Train" but if I give it 100% which I intend to do sounds like it can be done fairly easy. He assured me he will do all he can to help me since he also gets rewarded if I validate. So he has some skin in the game also. I plan to purchase the online study guide from AD Banker and start digging in. Also he told me about the 100 prospect list that I already was ready for from reading the many posts on this forum.

It's definitely worth a shot! $550 weekly AV isn't too bad, but it may be a struggle at first only working your Project 100... the only downside I see t AGLA is the lack of leads.

 

[Bozack23]

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