April 24, 2012

California Real Estate Agents turning to New Career in Insurance

California -
There have been a number of California Real Estate professionals that have found new careers in the insurance and financial services industry, in particular "Employee Benefits".
A career in the Insurance industry is basically recession proof. Individuals and Businesses need insurance and it is often a requirement, including driving a car, purchasing a mortgage or offering employee benefits. Insurance and Real Estate professionals share many of the same personal characteristics including;
  • Similar State Licensing Requirements
  • Being Self Employed or working as an Independent Contractor
  • Flexible Schedule
  • Unlimited Earnings
  • Skilled Negotiators
Insurance professionals do enjoy some benefits that Real Estate professionals would like, including;
  • No night or weekend work (unless you want to become a jack of all trades Farmers/State Farm agent)
  • Paid Training
  • Financial subsidies
  • Renewal income after the sale
  • Realistic 6 figure income - fast
  • Many companies still offer employee benefits including health insurance and retirement plans (401k)
One of the fastest growing insurance industries is the employee benefit marketplace. In addition to offering health insurance, ancillary benefits including Dental, Accident, Disability Insurance, and Voluntary Benefits are product lines that many insurance companies now offer, plan to offer or will be coming to market in a big way - especially in light of health-care reform.

The process is much like becoming a Real Estate Agent. To become licensed you need to take 52 hours of pre-license training, including 40 hours of insurance and 12 hours of code and ethics. Once you have completed this step, you can sit for the California insurance exam. This can be a great family business or new opportunity.
If you are considering a new career path send me an email and I will send you a list of insurance executive placement agencies / professional recruiters for your area. / vince@qbcmail.com