Insurance agent

Occupations

Job Description

Insurance agent will sell insurance policies to individuals and companies by understanding their needs, requirements and financial conditions. A candidate need to have very good communication and negotiation skills and must be hardworking and meet deadlines and targets.

Job Requirements

Those interested in this field can go for a bachelor’s degree in finance, accounting, sales or business administration.

Duties and Responsibilities

• sell life, property, casualty, health, automotive, or other types of insurance
• attend meetings and programs to learn about new products and services and receive technical help in developing new accounts
• help in calculating the premiums and establish the payment method
• have to contact the policyholders to deliver and explain the policy, to analyse the policy and to make any changes in the scheme or beneficiaries
• understand the customer’s requirements and customize the insurance programs to suit those needs, often covering a variety of risks
• develop marketing strategies to compete with other agents who sell insurance
• make sure that all the policy requirements are fulfilled, like medical examinations and the completion of forms
• demonstrate and explain features, advantages and disadvantages of various policies