We know it can be difficult to find a job in this economy, that’s why TIKIthePanda.com wants to help!
Listed below are a few large companies in the insurance industry that have posted insurance jobs.
Click on the company to be taken directly to the career page.
The number next to the company is the estimated number of job postings currently in the US, and possibly abroad.
Good luck job hunting and tell them TIKIthePanda.com sent you!
Did you think the health insurance situation was going to get better? Hopefully it does, but it doesn’t look that way for many middle-class working families. AT&T and many others have announced that they are taking $100 million or more in healthcare write-offs, while some other companies are fighting back.
Instead of simply accepting a large 1-time charge for the health care bill, many companies are cutting health insurance coverage and trying to eliminate other benefits to offset the costs of this new health bill. After all, if you are a company barely breaking even in this economy, how else are you supposed to survive this health bill.
Not all companies are as fortunate as AT&T, who are able to take the one time charge of $1 billion to cover the health care bill costs. Many businesses were in trouble before this bill passed, now they are scrambling to overcome yet another obstacle.
I’m not a rich man, as a matter of fact I am one of the few that benefit from this health care bill financially. But in my opinion, I believe the health care bill will help many, but will hurt many more. Passive income, such as dividends and interest payments, are being considered for a higher tax as well. It’s just a matter of time before the rich start leaving this country or find an ingenious way to conduct business outside the US, which will result in an endless spiral of higher taxes and hardship for all.
Hopefully we can find a happy medium to stop raising taxes and understand that life is not always fair.
| Aegis Security Insurance Company | 1-800-233-2160 |
|---|---|
| P.O. Box 3153 | |
| Harrisburg, PA 17105-3153 | |
| Allstate New Jersey Property & Casualty Insurance Company | 1-866-222-4586 |
| American Family Home Insurance Company | 1-800-759-9008 |
| (American Modern Insurance Group) | |
| Drive New Jersey Insurance Company | 1-800-PROGRESSIVE |
| Foremost Insurance Company | 1-800-527-3905 |
| P.O. Box 2450 | |
| Grand Rapids, MI 49501-2450 | |
| Foremost Property & Casualty Insurance Company | 1-800-752-2461 |
| P.O. Box 2450 | |
| Grand Rapids, MI 49501 – 2450 | |
| GEICO Indemnity Company | 1-800-44-CYCLE |
| One GEICO Plaza | |
| Washington, DC 20076 | |
| Liberty Mutual Mid-Atlantic Insurance Company | 1-800-526-1547 |
| Pacific Specialty Insurance Company | 1-800-303-5000 |
| Progressive Freedom Insurance Company | 1-800-PROGRESSIVE |
| Rider Insurance Company | 1-800-595-6393 |
| P.O. Box 3141 | |
| Union, NJ 07083 |
First Steps to Becoming an Insurance Agent - What Type of Insurance Would You Like to Sell
What’s Required to Become Licensed as an Insurance Producer?
Insurance is regulated by each individual state. Each state requires a written test to be taken, where the test is graded on a Pass or Fail system. Passing grades in most states are a score of 70 or higher, which is not too tough.
Every state typically has prerequisites that you must complete before taking the insurance test. The prerequisite requires you to attend an official insurance learning class or to purchase online software that you must complete. Every insurance line requires 20 hours of study time, so if you are going for your Property & Casualty license, you can expect to put in 40 hours in just required studying.
What to do After I Pass the Insurance Test
Once you pass your insurance test, you then have to find an agency to hire you or you can start your own insurance agency. Insurance can be very complicated and expensive for rookies, so it’s recommended to work for an insurance agency before you try to start your own.
When you do decide to start your own insurance agency, you will have to register your insurance agency with the state you wish to write insurance policies. Many states will require that you have a ”Brick & Mortar” location for your insurance agency, this location cannot be your home address. Then you will need to obtain Errors & Ommission Insurance ( E&O Insurance ). E&O Insurance is required by all major insurance carriers, $1,000,000 in coverage is typically needed by AIG and the other major carriers. $1,000,000 in E&O coverage should run you between $3,000 – $4,000 a year for a 1 person agency. E&O Insurance becomes much cheaper as you gain experience under your belt.
After registering your agency name, leasing an office space, and obtaining E&O insurance…you need to sign insurance carriers. Insurance carriers are very hesistant to sign with a new insurance agency that has no book of business and has little or no experience in the insurance industry. Your best bet is to find a Managing General Agency ( MGA ). A good MGA gives you access to all the big name insurance carriers; such as Progressive, Liberty Mutual, AIG…and allows you to keep your book of business. MGA’s may charge you a small monthly service fee, such as $10-$25 per insurance line, but it’s well worth the price if you are serious about breaking into the insurance industry.
For you internet insurance guru’s, check out http://www.agentsecure.com, I personally do not use an MGA at this time, but I like how Agent Secure provides online access to obtain insurance quotes for your clients. However, the only downside is there limited market place in many states. You always want to have at least 2-3 competitive, well-known insurance carrier options to offer your clients.
Negotiate your Insurance Bill? Is that even legal?
Many people, businesses, and even smooth talking sales people will tell you the same thing when it comes to negotiating your insurance premium…
“You cannot negotiate your insurance rate with an insurance company, your only option is to shop around. In the end, your insurance rate is what it is.”
This myth, which seems to be a common understanding among the majority of the population, has deterred the public from even trying to get a lower rate. After all, why waste time if you know it’s not even possible?
Why has this been a myth for so long?
When was the last time you received a coupon in the mail or an online coupon code from GEICO, State Farm, or other insurance carriers? Never, right? What about a free oil change with every year’s renewal? Have you ever seen a commercial advertising a weekend special on car insurance?
Unless your a caveman ( pun intended - GEICO commercials ),you will never have seen any insurance commercials that offer specials, buy 1 get 1 free, etc…but you will see facts or twisted facts. I refer to it as twisted facts because it seems funny Nationwide states in a commercial that people saved an average of $400 when they switched over from XYZ insurance company, then the next commercial from GEICO will state people saved an average of $400 when they switched over from ABC insurance company, and so on…
If this was true for all people, my insurance premium should be $0 a year…haha.
The fact is, it is illegal in most states for insurance agents or companies to give more than $25 to any person within a 12-month period, with the intention to gain business from this incentive. In my opinion, and as a previous sales manager in the mortgage industry, title insurance companies are the biggest culprits of breaking this rule.
This law does not only include gifts, it includes discounts on insurance policies without merit. Because of this, the insurance industry is drastically different than any other industry. Imagine walking into a car dealership with the same limitations.
So you really can’t get a lower insurance rate by negotiating, right?
Not necessarily true, there is a loophole that is commonly practiced with business and commercial insurance policies. This can also be applied with personal auto and homeowners’ insurance. Local insurance agencies will show much more flexibility than the larger, commercialized insurance carriers.
Listed below are a few ways to get a lower rate on your insurance premium:
Welcome to TIKI’s Insurance Blog!
TIKI Insurance
In this Blog, we will be discussing finance related subjects with a concentration on Insurance, Mortgages, and Money.
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