Insurance Consultant Career

Career Description

The job of an insurance consultant becomes predominant in banking, financial institution or any firm where there is a division of insurance. The main role performed by an insurance consultant is to guide its clients to take up insurance policies that suit the client requirements. The insurance consultant is expected to have an in-depth knowledge of the insurance industry apart from having knowledge of various types of insurance products offered by insurance companies.

How to become an Insurance Consultant:

To become an insurance consultant, candidates should have an educational background preferably in banking and insurance. Apart from the educational requirement, employers also employ work experience requirement. Candidates who have about a minimum of 2 years of experience would be given precedence over others.

Insurance Consultant career courses, training, programs:

There are many courses and training programs being offered by coaching institutes. They train interested students on banking and insurance. Important topics to be covered in the training include insurance claims processing, insurance FAQs, need of insurance, settling insurance claims, etc.

Insurance Consultant career schools/colleges, education:

Candidates should look at various colleges and universities that make students aware of the insurance related facts, figures and business descriptions. Some of the top universities are listed below.

Top 5 colleges/universities:

ITT Technical Institute

Bryant & Stratton College

Capella University

Jones International University

University of Phoenix

Insurance Consultant job opportunities, salaries, recruitment:

Those candidates whose aim is to become an insurance consultant can find lot of opportunities if they posses the right kind of education along with work experience. Popular industries that are in the lookout for good insurance consultants are insurance companies, insurance brokerage companies, disability insurance companies, insurance carrier companies, commercial insurance companies, etc. It is advisable for students to pursue some kind of real time hands-on experience. According to the salary estimates by Pay Scale and released through National Salary data, the annual compensation of an insurance consultant ranges between $36,000 and $104,000 per year with the median compensation being approximately $73,000 per year.

Category: Insurance Careers

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