I am taking a class for property and casualty this coming weekend for a license and have an propose with a economically known and respected company-I of late really don't have clue what to expect income wise and how plentiful hours are required to make a fully clad salary? gratefulness!
Answers: Just like next to ANY career - that differs GREATLY by region. For a pupil.
When I worked in coastal NC, I started at an agency -indoor organization, of course at $10/hour - and that be an hourly wage with NO commission - the agent who owns the agency get all the commission.
When I worked within Michigan - near Detroit - they have proofreaders making $12/hour and the licensed agents made $20/hour + some commission.
Life & Health agents are typically the "on the road commisioned agents" you hear give or take a few that are commission only...I've never worked contained by a property&casualty environment & made commission only - until you own the agency, or course.
But I don't know what region you're contained by
Samson,
First you need to realize there really is no such article as a salary for a up to date insurance sales agent. Oh you might draw from a paycheck for a while but that "salary" is ultimately a function of your premium sales volume. Little or no sale results and it won't be long before you will be seeking another living.
As for hours it is not a 9 to 5 job where on earth you put in the hours and progress home. If you are selling personal lines you will probably have appointments at hours of darkness and spend a fair amount of time seeking prospects after regular work hours. If you are going to be selling commercial lines you probably have a better arbitrary at 9 to 5 business hours but may be competing for smaller premium accounts while you get your foot wet.
That mortal said if you are dedicated, of a mind to work and have the opportunity to work near an agency that will support you financially while you are learning and service the accounts you bring contained by it can be a great career.
Well, if it's SALARY, they should relay you, if you have an set aside. If they don't say "We'll take-home pay you XYZ dollars" it's not a JOB offer. But 95% of the job out there are straight commission.
And if you want to engineer $50,000 your first year, you'd better be prepared to work 80 hour weeks.
Answers: Just like next to ANY career - that differs GREATLY by region. For a pupil.
When I worked in coastal NC, I started at an agency -indoor organization, of course at $10/hour - and that be an hourly wage with NO commission - the agent who owns the agency get all the commission.
When I worked within Michigan - near Detroit - they have proofreaders making $12/hour and the licensed agents made $20/hour + some commission.
Life & Health agents are typically the "on the road commisioned agents" you hear give or take a few that are commission only...I've never worked contained by a property&casualty environment & made commission only - until you own the agency, or course.
But I don't know what region you're contained by
Samson,
First you need to realize there really is no such article as a salary for a up to date insurance sales agent. Oh you might draw from a paycheck for a while but that "salary" is ultimately a function of your premium sales volume. Little or no sale results and it won't be long before you will be seeking another living.
As for hours it is not a 9 to 5 job where on earth you put in the hours and progress home. If you are selling personal lines you will probably have appointments at hours of darkness and spend a fair amount of time seeking prospects after regular work hours. If you are going to be selling commercial lines you probably have a better arbitrary at 9 to 5 business hours but may be competing for smaller premium accounts while you get your foot wet.
That mortal said if you are dedicated, of a mind to work and have the opportunity to work near an agency that will support you financially while you are learning and service the accounts you bring contained by it can be a great career.
Well, if it's SALARY, they should relay you, if you have an set aside. If they don't say "We'll take-home pay you XYZ dollars" it's not a JOB offer. But 95% of the job out there are straight commission.
And if you want to engineer $50,000 your first year, you'd better be prepared to work 80 hour weeks.