Please Help, I Need Some Good Advice

Discussion in 'Getting Started Selling Insurance' started by practicalguy, Jun 8, 2017.

  1. Whirleybird
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    Whirleybird Well-Known Member

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    New York Life has an amazing training program. They still pay better than fo New York Life has an amazing training program. The pay structure is confusing, and underwhelming. But you'll get about 750 hours of training in your first year. And the second you're done with training, There are a lot of companies that pay much better. I literally there are a lot of companies that pay much better. I literally left last month, but if you go there for northwestern mutual you are looking at exceptional training and management riding your back like a starving baby gibbon. But at the same time a lot of people make a career out of it there, and some do very very well. But they follow the mantra for sure.

    Hiring masses, train them in classes, sell all their friends and then fire their asses. Awa hiring masses, train them in classes, sell all their friends and then fire their asses. Or wait for them to quit. That being said you can get a lot of great training from the guys on this forum as well. Especially DHK. That dude is a rockstar.

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    Every single time I've tried this, the property casualty agent eventually gets a life license and tries to bring them away from me. It hasn't worked yet, it's still a pain though.
     
  2. VolAgent
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    VolAgent Well-Known Member

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    Never said it would be easy...

    You want to find the guy who already has the license, but really isn't using it.
     
  3. Whirleybird
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    Whirleybird Well-Known Member

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    I haven't given up yet either! I have better luck with CPA's for sure though.
     
  4. practicalguy
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    practicalguy Member

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    Update:

    Today's Interviews AXA and Prudential Financial

    Wednesday Interview New York Life

    Thursday Interview Horace Mann

    Friday Interview MassMutual


    Any additional input would be sincerely appreciated. I am in the Pittsburgh area, if that makes a difference.
     
  5. DHK
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    DHK Well-Known Member

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    The things you should be asking about are training and agent costs.

    http://www.insurance-forums.net/forum/life-insurance-forum/nylife-vs-prudential-t78712.html

    You should be interviewing THEM more than they interview YOU. Remember that YOU are the one taking on the risk of representing them and putting their "training" to work in a commission-only environment.


    These blog posts are based in Singapore, but still apply directly to the financial services business in the US:
    Interview Part 1 - Job Getting or Job Giving?

    Interview Part 2 - Myths and Truths about the Financial Advisor's Career

    Interview Part 3 - Guide to Interview the Interviewer
     
  6. Norwayguy
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    Norwayguy Well-Known Member

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    I thought you were a programmer, have you ever been an agent or have you had your license revoked?
     
  7. GreenSky
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    GreenSky Well-Known Member

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    Like stealing software.

    Rick
     
  8. ltcadviser
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    ltcadviser Well-Known Member

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    Well, Bridgeville, Brookline, Cecil and Carrick are different than Lebo, St. Clair, Fox Chapel, Squirrel Hill and Sewickley. So, certain insurance companies may be a better fit or necessary in certain Pgh areas.
     
  9. topinsur
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    topinsur Active Member

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    Please help with one question. Well-known fact that agents get licenses just for one state usually. But I wish to set up a new agency which should cover almost all states. The new agency is planning to process customers countrywide that is why i'm asking. What is it possible to do to cover 90% of states?
     
  10. insuredubv1220
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    insuredubv1220 New Member

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    I'm also brand new to the this forum and in a similar situation (but I'm only 40 lol), and would be interested where you end up. I've been captive with AIG for over 15 years and am now independent (with an FMO that does mediare and life) Interested however, cause I'm just south of you in Morgantown, WV and may explore some options up near Pitt.
     
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