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So I've been contacted by Northwestern Mutual, Farmers, and State Farm for a position. Any advice on the pros and cons of each. I'm brand new to the ins world and would like to choose the option that will teach me the most.
Depends on what type of insurance you want to market. We need more information about your goals and desires.
Not really, I've been in the food service industry my entire career. I'm not afraid to good door to door or pick up the phone. I'm actually better at that then asking all my friends and family honestly. Anyone know the average that an agent makes at NWM?
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PCB which did you feel was more successful LH or P&C?
For someone brand new, I would suggest going the P&C route---Personal Lines would be easiest to learn. Of course, everyone needs auto and home insurance. Don't expect earning a lot initially as that is all about building a book that will hopefully last years.
Personally, unless you have 30-50K start up money saved up, I would suggest finding a local, established shop (such as Allstate) and become a salaried producer with bonus opportunities. Then you can learn the ropes and basically eliminate the start up costs of starting your own shop from scratch. They will (or should) cover your licensing and E&O expenses so you can focus on selling. MANY agencies are looking for producers.
My personal situation would not be a good barometer as I've parlayed various insurance jobs with travel sales (vacation rentals, etc) over the past decade.
Depending on where you are located, you could hook up with a call center that specializes in insurance sales. Progressive, USAA, Esurance, Met Life, etc etc all have those around the country. That's a solid way to learn and get licensed in multiple states.