Consider a Recession-Proof Career
Life insurance agents still needed to help people
Did the Great Recession impact your employment success? For many, the economic turmoil opened their eyes to the risks of working in certain industries.
Many companies, especially those in financial services, were forced to trim their ranks. The highest priority for people exploring new opportunities may not be the company’s benefits package, stock options, or corporate perks. Instead, today’s job hunters may only be interested in one thing: job security. Security can be a hard thing to promise in an age of volatile markets, but life insurance sales may be one of the few careers relatively unaffected by the economic crisis of the last several years.
One possible reason is that the economic crisis has actually increased people’s awareness of the need to make smart financial decisions. As a result, the need for highly trained life insurance Agents is still in high demand.
Studies and demographics point to why the best time to be a Financial Professional is now - because Americans are doing far too little to prepare financially. A recent study indicates that people have 58 percent less than they think they need in life insurance protection.1 Also, people are living longer, traditional pensions are disappearing, and savings rates are minimal. As the first wave of the nation’s 77 million baby boomers reaches retirement, many will be facing a new set of risks and investment decisions. In good economic times and bad, successful life insurance Agents have a stable career advising consumers about the right solutions to meet their needs.
As a life insurance Agent you can earn a good living while creating your own work schedule and at the same time help individuals and families in your community. You can have a career where you are fairly compensated based on the hours and effort you put forth — with unlimited potential for growth — and you can do all of this while enjoying a stimulating career that keeps the good going in people’s lives.
This career isn’t for everyone, but the best Agents will tell you that there’s nothing else like it. By empowering others to make the right financial decisions for themselves and their families, new Agents report an extraordinary new pride and fulfillment in their jobs – unlike any other work they’ve done. They get to make a real impact on their community by bringing peace of mind to the families and businesses they serve.
Becoming a New York Life career Agent is a great opportunity for recent college graduates, former teachers and coaches, military personnel and career changers. Many of the most successful Agents have no prior experience in the life insurance industry, and that is OK. It’s also an extremely attractive career for women, and the number of women selling insurance is rapidly growing. In addition, Agents with diverse backgrounds are highly sought after to meet the needs of the growing number of individuals from various ethnic backgrounds.
If you are:
- Looking to be an entrepreneur
- Self-disciplined and ambitious
- Financially motivated
- Performance-oriented — thrives on recognition
- Confident and poised
- Coachable — has a willingness and desire to improve
and want to Keep the Good Going in people’s lives as a Financial Professional click here and one of our Recruiters will contact you soon.
1. The Life Insurance Gap Study was conducted by The Futures Company from April 24 to May 1, 2013 through online surveys of 1,410 adults who had household income of $35,000 or more, and household decision-making power. Of those respondents, 1,004 online surveys were given to participants who had at least $50,000 in household income and were married or had dependents. This sample mirrored the demographics of the 2008 study.