Insurance Sales Job Outlook
Many clients do their own research and purchase insurance online.
Insurance sales job outlook. Salary career path job outlook education and more education required a high school diploma is the typical requirement for insurance sales agents although a bachelor s degree can improve one s job prospects. This is higher than other sales and related occupations which are expected to grow by 7. Job outlook provides information about australian careers labour market trends and employment projections. Insurance sales agents learn many of their job duties on the job from other agents.
Because the profitability of insurance companies depends on a steady stream of new customers the demand for insurance sales agents is expected to continue. Job outlook is an initiative of the australian government department of education skills and employment. Read more about how we rank the best jobs. Job outlook for insurance agents.
According to the bureau of labor statistics the insurance industry is projected to grow 10 by 2022 from where it was in 2012. Employment of insurance sales agents is projected to grow 10 percent from 2016 to 2026 faster than the average for all occupations. Many employers have new agents shadow an experienced agent. To get right to the point the job outlook for people working in the insurance industry is good.
Learn about the daily activities and physical and social demands faced by workers. Breaking the numbers down further. This practice allows the new agent to learn how to conduct the company s business and to understand how the agency interacts with clients. Employment of insurance sales agents is projected to grow 10 percent from 2018 to 2028 faster than the average for all occupations.
Vacancies for this career have increased by 11 54 percent nationwide in that time with an average growth of 1 92 percent per year. Sales workers in the services and wholesale sectors will continue to be in demand because these occupations remain critical in building and maintaining customer bases for businesses. Demand for insurance sales agents is expected to go up with an expected 168 070 new jobs filled by 2018. According to the bureau of labor statistics occupational outlook handbook employment of insurance sales agent is expected to increase by 10 from 2012 to 2022.
However agents will still be needed to help clients understand their options and choose a policy that is right for them. Insurance sales agents rank 2 in best sales and marketing jobs. Employment outlook for insurance sales agents. Rising levels of e commerce will depress employment growth in the retail sector where the number of cashiers is projected to decline slightly.
Total insurance sales agent jobs are projected to grow by 11.
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