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re: Thinking about switching to a career in Finance/Insurance

Posted on 8/5/14 at 8:55 am to
Posted by The Dutch Oven
Member since Jul 2014
135 posts
Posted on 8/5/14 at 8:55 am to
So expect a low base pay like 13-20 an hour but possibly good commission? Never worked a commission job but the salary descriptions for a b2b rep seem high per salary list.com

Only reason I worry about "good enough" salary is bc it is a long commute. I would have no trouble struggling for awhile as long as the potential is there but didn't want to get myself into a dead end position I didn't enjoy

I like to think I am very personable and a people person but I understand that is only a small part of it
Posted by AlexLSU
Member since Jan 2005
25341 posts
Posted on 8/5/14 at 9:15 am to
quote:

So expect a low base pay like 13-20 an hour but possibly good commission?


I seriously doubt any of the big insurance companies give you $15+/hr as an entry level rep.

quote:

I would have no trouble struggling for awhile as long as the potential is there but didn't want to get myself into a dead end position I didn't enjoy


Insurance sales seems to be one of those fields where there's a really high turnover rate because the pay isn't great and there's so much competition. I've had a handful of friends go that route and quit within a year. It really depends on your own personal drive and dedication during the lean months

quote:

I like to think I am very personable and a people person but I understand that is only a small part of it


Maybe try to find a more niche sales position? There's so many insurance companies and reps to compete with that finding a more specific product with less competition may be a better route, assuming those opportunities are out there.
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