I've been an underwriter with a good company for about 5 years. Now that I know a little bit I feel like I may want to try my hand at being an agent. I work closely with agents and insureds reviewing existing business face to face and feel comfortable doing it. I've spoken with most of the captives about their plans and a couple of independents locally. I like the advertising and brand recognition with the Nationwide, State Farm type companies but feel they put a lot of pressure on life, bank, etc., without a huge ability to write commercial ( I know you can broker a lot with Nationwide though). I've really narrowed it down to an existing independent agency and a possible associate agent position at Nationwide ( I like the idea of doing home, auto, and small commercial or farm business as that's what I already know).
As far as starting salary, would 25000 a year with a 30% commission split be pretty good or on the low end?
Can anyone tell me how Nationwide works if you are able to buy your own agency? Are there a lot of life/health minimums to meet before making good money? I just really want to concentrate on P and C and will happily sell the rest when able. Sorry this is so long but wanted to be as specific as possible.
As far as starting salary, would 25000 a year with a 30% commission split be pretty good or on the low end?
Can anyone tell me how Nationwide works if you are able to buy your own agency? Are there a lot of life/health minimums to meet before making good money? I just really want to concentrate on P and C and will happily sell the rest when able. Sorry this is so long but wanted to be as specific as possible.
