GreatInsuranceJobs.com has released a report on the availability of jobs among managing general agents, third party administrators, brokers, and agents, and has determined that there are currently about 14,000 positions open, and that there will be an additional 27,000 jobs available before the end of 2012. The report was based on a survey of those parts of the industry, among which 126 different insurance entities participated across the country. The survey was performed over the phone, and involved five questions about the current and forecasted job availability, in addition to…
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The basics you need to know before opening your own insurance agency
Going into business for yourself and starting up your own independent insurance agency can be a thrilling, fulfilling, and rewarding experience, but you need to understand the business and its requirements before you can hang your shingle. Insurance, after all, is a business of relationships, and while you may have many on your own as an agent, by recruiting several associate agents, you will build your network significantly. By helping to protect families, individuals, and businesses from the disasters that can occur in life, you will also be creating a…
Read MoreState Farm Insurance announces intentions to recruit 3,000 new hires
State Farm Insurance has announced that it will be hiring 3,000 new employees across the United States and Canada in order to fill a number of positions where there had been open positions (those unfilled after people left) throughout the recession, as well as to add an additional 900 agents. The insurer, based in Bloomington, Illinois, has revealed that it is now accepting applications for these new jobs, which will primarily be for positions in customer service, information technology, and claims. This new wave of hiring will boost the workforce…
Read More390 new positions to open up in Tampa with Progressive car insurance
Progressive car insurance has announced very welcome news to the unemployment-stricken state of Florida (where rates have recently risen to 9.9 percent) when they said that they will be helping to boost the economy in the Tampa Bay area by hiring 390 people in sales, claims, and service positions at the contact center in Riverview. Aside from actually gaining a job in a difficult economy, there are many advantages being offered to employees of Progressive, including a casual dress code, bonuses for performance, fitness centers, and medical facilities located on-site…
Read MoreInsurance industry sheds jobs in some sectors while adding to others, according to III report
The Insurance Information Institute (III) has released a new report drawing upon data from the U.S. Department of Labor. The report touches upon the volatility seen in the property/casualty insurance business in October of this year. According to the report, the property/casualty sector performed poorly in terms of employment while other sectors saw promising growth. Overall, the report highlights the turbulent year the insurance industry has faced as a whole and suggests that the trend can continue throughout next year depending on the economic climate. The III notes that 900…
Read MoreInsurance Information Institute reports on job loss and gain in the insurance industry
Despite record profits this year, the insurance industry continues to shed jobs. The Insurance Information Institute has released a new report highlighting the losses in the property/casualty insurance sector. Signs of an improving economy may not be enough to help the industry keep its workforce employed, especially when confronted with costly losses due to this year’s natural disasters. The Institute’s report relied on data collected by the U.S. Labor Department’s Bureau of Labor Statistics. Apart from a still turbulent economic climate, the industry has been downsizing as a result of…
Read MoreMercury experiences growth in homeowner business leading to new hiring
Mercury Insurance has announced that as a result of a significantly increasing customer base, it will be hiring 63 new employees for full-time property claims in its New York, New Jersey, Texas, and California offices. Since the start of 2011, the homeowners business at Mercury has jumped by over 10 percent. According to the human resources director at Mercury, Clarisa Eng, the company is doing their part to put people in the United States back to work. She explained that the new hires will be assisting the company to “provide…
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