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re: Career Path - Appraiser or Insurance
Posted on 7/22/22 at 7:06 pm to Fbohn1
Posted on 7/22/22 at 7:06 pm to Fbohn1
I’ve been in commercial insurance for 10 years. It’s an amazing industry to get into and can make you serious wealth. I worked 2 years at a wholesale brokerage and 8 years at the same carrier now underwriting.
You can make WAYYYY more money (millions) in brokerage, but you work your dick off non stop. You have no product so you’re married to the relationship with your clients and uws.
I chose underwriting because I’m not as extroverted and prefer to have more of a work/life balance. I make probably better than decent money and really enjoy my job.
You also get treated to some really nice dinners/events/etc.
I’d recommend commercial insurance to anyone.
You can make WAYYYY more money (millions) in brokerage, but you work your dick off non stop. You have no product so you’re married to the relationship with your clients and uws.
I chose underwriting because I’m not as extroverted and prefer to have more of a work/life balance. I make probably better than decent money and really enjoy my job.
You also get treated to some really nice dinners/events/etc.
I’d recommend commercial insurance to anyone.
1
Posted on 7/22/22 at 10:11 pm to SouthMSReb
Benefits to insurance:
1) recession proof. In bad times, businesses will shop to get costs under control.
In good times, businesses come online, grow and expand their needs.
2) inflation proof. As cost of claims go up, so do premiums and commissions.
3) you get to be honest. Bluntly honest. Insurance is selling promises. You have bad news? Share it. Good news? Share it. It is a great career for a sales rep who shares it like it is.
1) recession proof. In bad times, businesses will shop to get costs under control.
In good times, businesses come online, grow and expand their needs.
2) inflation proof. As cost of claims go up, so do premiums and commissions.
3) you get to be honest. Bluntly honest. Insurance is selling promises. You have bad news? Share it. Good news? Share it. It is a great career for a sales rep who shares it like it is.
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