Job Offer Opinion

[Guest]

The REO program that I will be handling brings in $1.6M per month in interest revenue. I will handle 148 properties in the U.S. The corporate insurance company (not the subsidiary agency) makes their money through investments. I am paid salary through the corporation, not the agency.
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Matt

Matt,

sounds like they have offered you a very nice position to start with. I think this would be a great opportunity for you to get a boat-load of experience, while still have a nice base salary + 30% comission. I haven't heard of many captive/indy carriers who can offer that. You might also find it hard to make the jump from the risk mgmt side straight to prospecting & selling so I think you will appreciate that salary the first few months/years. I know I would

Let me know what you decide.

DNK-

 

[STIBROKER]

why do both of you have the same IP address......

Welcome Amanda,

* sure it wont take long for someone, or maybe one of the "FAB 5" to get with you. Theres alot of great info on this site. If u cant/dont here anything that answers your questions or meets your needs you can find me on here.

* Note: Go independant, avoid paying anything out of your pocket, work multiple product lines, the phone is your friend, go strong or change fields.

When it comes to medicare support, I highly recommend Frank. He is one of very few I have found thus far that will actually answer the phone themselves or return a call. Sure there are some.

You will figure out the "FAB 5" joke yourself in approx. 2 weeks of reading these posts.

Good Luck

 

[mcmillian-1]

Hello all,

I am brand new to the site and was just licensed in P&C. I work for an insurance corporation out in Arizona and have been working as the Risk Analyst where I handle our corporate insurance program. The company decided to start an insurance agency within the organization to take care of the corporate insurance and begin selling other types. They asked me to get licensed, which I did. They have offered a position of Account Executive where I will manage in-house corporate insurance, grow revenue by selling other insurance products, and handling specialty programs like our REO where we are a commercial lender. The job would pay a base salary in the upper 40k range with 30% commission on the agencies commission with new business only. My question is, when I started in the insurance field, I wanted to start young and grow a book of business by going independent. I'm 26 years old and wondering if the seasoned people here think I should take this job (which sounds like a great opportunity to me) or if I should go independent while I'm young so I can grow my book and have a good base as I proceed in this field. Sorry for the long question, I had to get all my points in here.

Thanks for your help!
Matt

Matt,

Are you crazy you better take that offer!!! Learn as much as you can and then go independent down the line. If you don't take this offer I will send you a white jacket that make you hug yourself all the time(straight jacket).