Many roles are available in the insurance industry beyond an insurance agent or broker. For instance, a social science or nursing degree would make a good claim specialist. These communication skills, empathy, and deductive reasoning are useful in the jobs of adjusters, appraisers, examiners, or investigators for insurance jobs. Would you consider working in a different industry in loss control or risk management? For example, your creativity, problem-solving, design, and scheduling abilities would benefit the public sector, retail, hospitality, or gaming industry.
A variety of skills and interests will fit in well. Insurance, like death and taxes, has a long history — dating back to 1347 in Genoa, Italy — and its need is universal. Approximately 2.3 million insurance workers are employed by the industry in America, according to The Institutes for insurance jobs. That’s 115 times more than what Google, Facebook, Apple, Twitter, and Yahoo provide. According to the Insurance Information Institute, the insurance industry also contributes $450.3 billion yearly to the nation’s GDP.
A business owner cannot build or obtain a commercial building without insurance, just like someone can’t purchase a home without proof of insurance. Without funding, businesses cannot grow, create jobs or contribute positively to their communities.
Eighty-seven million people make up the millennial generation, making them the most diverse generation in America. As the insurance industry expands to write policies in emerging markets, this experience will prove invaluable as it involves communicating and collaborating with people of all backgrounds. In the insurance industry, successful collaboration is crucial to identifying business opportunities and solving problems.