Everyone Here is Always Talking About how Hard the Business Is. However I Am Constantly Seeing Adds
- 2,370
Re: Everyone Here is Always Talking About how Hard the Business Is. However I Am Constantly Seeing Adds Like this One...
Every insurance sales opportunity is a great opportunity according to the person recruiting agents. An ad that states hard work, lots of hang ups, on the phone all day, high turn over rate, etc. would not get a lot of replies.
Here is what it boils down to:
1. Who are you selling? (what carriers)
2. What level of commission? Life insurance commissions should be around the 100% range for year one (as high as 120%) but if they are providing all the leads, I would think you would be around the 50-60% range based on past models.
3. If you leave, then what? What happens to your renewals / and advanced commissions / contracts?
Yes, you can sell insurance on your own. Mail drops, cold calling, door to door, internet leads, networking, etc. Sure, you have to spend time & money to generate leads, but that is the nature of the game.
If you have no desire to generate leads, and just want to sell, then look into the opportunity posted. Who knows, it may be a decent gig, it may not (you won't know until you check it out). I have talked to agents who have said 60% (if that is what the commission level is) is better than 0, and I have talked to other agents who have said 60% is ridiculous and would never go that low. To each their own.
Every insurance sales opportunity is a great opportunity according to the person recruiting agents. An ad that states hard work, lots of hang ups, on the phone all day, high turn over rate, etc. would not get a lot of replies.
Here is what it boils down to:
1. Who are you selling? (what carriers)
2. What level of commission? Life insurance commissions should be around the 100% range for year one (as high as 120%) but if they are providing all the leads, I would think you would be around the 50-60% range based on past models.
3. If you leave, then what? What happens to your renewals / and advanced commissions / contracts?
Yes, you can sell insurance on your own. Mail drops, cold calling, door to door, internet leads, networking, etc. Sure, you have to spend time & money to generate leads, but that is the nature of the game.
If you have no desire to generate leads, and just want to sell, then look into the opportunity posted. Who knows, it may be a decent gig, it may not (you won't know until you check it out). I have talked to agents who have said 60% (if that is what the commission level is) is better than 0, and I have talked to other agents who have said 60% is ridiculous and would never go that low. To each their own.
- 742
Re: Everyone Here is Always Talking About how Hard the Business Is. However I Am Constantly Seeing Adds Like this One...
This just sounds like a JOB posting for a call center agent. I do this regularly...because that is what I am looking for--a call center agent that will sit and sell to leads I give them. They get an office, a computer/phone etc. and they sell business that I pay them commissions from the house on. This is not a typical recruiting for an "AGENT" like a FE shop would do, this is an existing shop looking for an employee. I have a dozen of these agents on my sales floor---all w2, they don't prospect, they sell insurance to leads I provide and I pay their commission checks.
The company they are referencing with "deferred" underwriting is Fidelity Life and their Hybrid product. To get approved to sell that, you truly have to be a call center and have management, CRM and call recording.
IMO, this is a legit job posting...read it for what it is though. This is NOT to be an independent agent making 90% comp...this is to be an employee making 25% if you are lucky.
This just sounds like a JOB posting for a call center agent. I do this regularly...because that is what I am looking for--a call center agent that will sit and sell to leads I give them. They get an office, a computer/phone etc. and they sell business that I pay them commissions from the house on. This is not a typical recruiting for an "AGENT" like a FE shop would do, this is an existing shop looking for an employee. I have a dozen of these agents on my sales floor---all w2, they don't prospect, they sell insurance to leads I provide and I pay their commission checks.
The company they are referencing with "deferred" underwriting is Fidelity Life and their Hybrid product. To get approved to sell that, you truly have to be a call center and have management, CRM and call recording.
IMO, this is a legit job posting...read it for what it is though. This is NOT to be an independent agent making 90% comp...this is to be an employee making 25% if you are lucky.
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