Utah Medicare "exchange" - Needs Agents

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For all of you ready to throw in the towel, here's an article of interest. Maybe licensed agents will be in high demand in short order. (That's me in the chair on the left)

http://www.cnbc.com/id/41885629
Jobs Go Unfilled Despite High Unemployment


For the 15 million Americans who can't find jobs, the labor market is like an awful game of musical chairs. There are many more players than there are available seats.
Yet at Extend Health, a Medicare health insurance exchange firm in Salt Lake City, Utah, the problem is just the opposite—a growing number of chairs to fill and not enough people with the skills to fit the jobs.

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John Cumming | Digital Vision | Getty Images​



"It seems like an oxymoron in this environment that you can somehow be challenged to find great workers," CEO Bryce Williams admits, almost sheepishly.
Extend Health's call center workers help retirees navigate the process of signing up for commercial Medicare Advantage and drug coverage plans.
For this fall's Medicare Enrollment season, the firm will need close to a thousand workers. The ideal candidate is over 40, with a background of financial services in order to qualify for insurance licensing.
"They need to be able to pass the state of Utah exam, which is not easy," Williams explains. "They need to have a background in comparing the financial metrics of trying to help someone compare and analyze and give great advice."
Williams has hired a recruiter, plans to roll out billboards along Interstate 15 in Utah, and is now looking at establishing a new call center out of state where the firm can find more people to train and hire.
"We like being in Utah but at a certain point you max out on the total pool of people that you can tap, " Williams says. "So, we're going to have to look at other states."
Extend Health's Bryce Williams is actively looking at options beyond his company's base in Utah, and beyond that is also trying to develop a home-based model so that he can bring his jobs to the workers he needs. But he's worried he won't be able to ramp up hiring enough, and that would kill his company's growth.
"What it could require us to do is meter the number of clients we can take on, in any given year," he says.
With the health care exchange sector poised for rapid expansion over the next two years because of the health reform law, Williams is determined not to turn business away.
 
A job that goes unfilled often means that there is a disconnect between requirements/effort and reward.
 
Maybe people just don't want to deal with the BS from CMS and the pay isn't high enough. If they want to pay me six figures to work from home, sign me up.
 
Maybe people just don't want to deal with the BS from CMS and the pay isn't high enough. If they want to pay me six figures to work from home, sign me up.

Can't image what they are paying, that may be their problem. Also, isn't this work most likely seasonal if I am understanding correctly (mostly during open enrollment???) Although it appears this company is gearing up for HCR in 2014, which would make it year round (I guess?). I still think he may need to rethink his compensation since that might be why he can't find great workers.
 
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How does he intend to support 1,000 agents who sell nothing but MA plans? Since agents can only talk to a prospect if they request it, the agent cannot make the initial contact with them, is he going to spent ten's of thousands of dollars each month generating "leads" for them?

Why does it say, "The ideal candidate is over 40, with a background of financial services in order to qualify for insurance licensing? What does a "financial services" background have to do with selling Medicare related products? Why over 40, are agents under 40 incapable of selling Medicare products? I know agents in their 20's and 30's who are very successful in that market. That sounds like a lot of hype to me.

Does anyone really think that a company is going to "meter" the number of clients they can "take on"? That is nothing more than an attempt to make it sound like more than what it really is and designed to trap unsuspecting agents. Only agents new to the insurance business or new to working in the senior market are going to believe that.

In the obvious absence of more information, I assume they require the agent to assign their commissions and are only going to get paid a portion of the commission they deserve. They are probably paying around $125 per app, a WAG. What ever it is I will bet it is less than the agent deserves for their efforts.

I can't believe the lengths some people will go to in an attempt to dupe agents. This does not sound like a good deal for agents who are serious about building a career in the insurance business. For those who are looking to make beer money for a few months of the year it may be perfect.
 
—a growing number of chairs to fill and not enough people with the skills to fit the jobs.

The ideal candidate is over 40, with a background of financial services in order to qualify for insurance licensing.
"They need to be able to pass the state of Utah exam, which is not easy," Williams explains. "They need to have a background in comparing the financial metrics of trying to help someone compare and analyze and give great advice."

Williams is an ***.

Ideal candidate being over 40 is age discrimination and HILARIOUS. They need to pass an insurance licensing exam? With a little time and preparation just about anyone that wants to pass that exam can pass it.

That last part in bold doesn't even make sense, least of all for Medicare Advantage plans. I love how awkwardly the term "financial metrics" fits in that thought. They aren't comparing financial metrics, not at all, but hey, why not use phrases no one else knows how to use in an attempt to make it sound like something more interesting than it is.

Frank, just another WAG, but maybe all of the older smart folks can look at the situation and see it for what it is. Here is an add I'd like to run:

"Looking for experienced agents with minimum of $100k in gross written life premium in last 12 months to cold call and self-generate business on a 25% as-earned contract with the commissions assigned to the agency. Agent must pay for own expenses including marketing list, company website, and company approved laptop. Agent must work 60 hour plus per week. Please only apply if you have a burning desire to succeed and are willing to work hard to make a realistic four figure income after expenses!"

Think I'd get any takers?
 
"Looking for experienced agents (insurance, siding, Tupperware, real estate) with minimum of $100k in gross (will consider less if you look good in a skirt.Yagents need not apply) written life premium in last 12 months to cold call (Hi sailor, come here often?) and self-generate business on a 25% as-earned contract with the commissions assigned to the agency. Agent must pay for own expenses including marketing list, company website, and company approved laptop. Agent must work 60 hour plus per week. Please only apply if you have a burning desire to succeed and are willing to work hard to make a realistic four figure income (2 figures before the decimal point, two after) after expenses!"
 
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