Working in the insurance industry can provide you with a career that is both interesting and lucrative. You have the ability to earn significant income and enjoy unprecedented benefits, while also furthering your education.
The U.S. Bureau of Labor Statistics believes that it is highly unlikely employment in the insurance industry will decline, but instead should increase by approximately 13 percent by the year 2016. Additionally, many types of insurance are required by local laws, so there is never a shortage of potential customers.
Due to the ever-changing regulations in the insurance industry, many positions require completion of continuing education courses on a regular basis. The benefit is a steady growth of your industry knowledge and increasing familiarity with marketplace changes and current events.
Sales positions in the insurance industry offer unlimited income potential and increasing residual commissions. Many administrative positions offer generous salaries and regular bonuses for achieving specified goals.
There is always room for advancement because of the sheer size and complexity of the industry. You can choose to focus your efforts on only those types of insurance that are of interest to you, and gain the ability to advance positions as an expert.
Administrative positions with many insurance companies offer benefits that are rarely seen in today's workplace. Traditional pensions are still available from several major carriers, as well as generous vacation and personal time off. Sales agents may also qualify for company-paid vacations to exotic locations for meeting annual production requirements.
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