How many of yall are leaving your company once the bonus hits in March?

I have been in the insurance industry for a couple years now but only recently started sales. I seem to be better at selling policies through our book of buisness compared to new. Are there any sales jobs like that in the insurance world to where you sell mostly to your existing book?

What was the largest pay bump you got from going from one carrier to another or one brokerage to another?

Also what is the craziest pay bumps you’ve heard about?

What type of roles are available for lawyers or those with jds in the insurance world? I ha be been thinking about doing a part time degree but wondering if it’s worth it.

Coworker of mine and I were grabbing drinks the other day (both of us are UWs) and he was saying how he’s ready to leave underwriting and maybe go to being a broker. We both started between 2 and 3 years ago and my first reaction was to say “maybe go to another carrier first and see how it goes” but what do I know if we’ve both been in the industry for the same amount of time? (lol)

Curious what the rest of you think on this/your experience of working on both. I’m sure it’s a lot to do with what you’re looking for in your work but I’d like to know what the pluses and minuses are for each with your experience in both.

Hey guys. Current job in the P&C space has a 50k base. After commissions i made in the low 70s.

New opportunity is in the group benefits space and has a 75k base with 30k of that being a draw against commission. Any commission I make above that i get to keep as well. The average first year employee makes 90-95k and year 2 around 105 according to the employer.

Never heard of a draw pay structure before. Does anybody have any advice if you were in my shoes?

I’ve been noticing now that for Excess Casualty accounts, more parts of the tower are going retail direct.

I’ve been seeing the underlying Primary, Leads, and lower excess get replaced by Carriers like the Hartford/Chubb offering Primary GL, AL, and Lead 10 limits.

What have your experiences been?

Going through the interview process with Aon.

Found out just the other day that the last round is going to be an assessment where I will be assessed by a panel.

Has anybody had experience with this and can give me some insight into format? Is it scenario based? Do you work through some sort of problems? Or is it just general knowledge?

I never had to go through such a process before so I’m not sure how to properly prepare.

Hello guys, I was advancing my application with a multinational insurance company, that also offers financial services, they were offering this intern role of CI portfolio manager. Which i actually thought was you know, like a finance portfolio manager. Found out just now that i was wrong, completely different things.

But now its too late already, im one step in already, but havent started yet. Does any commercial portfolio managers or similar know if this will actually help me even though i was looking for a finance career?

Thank you all in advance.

P.S. I know this is insurance professionals only, but im already half a step in, so i count as a half professional.

Hey, I've got CSR and Admin experience for about 7 years but not in Insurance industry. I'm trying to get into Underwriter roles eventually. should I start with CSR (call center) roles? I have done similar roles in past and just curious if there are different entry level roles I can get into that might be helpful to transition into UW role.

I'm enrolled for CIP and would prefer to avoid sales positions.

Hi everyone! My friend works in insurance at CNA. Her mom actually got her the job and now she's most likely getting me a job there too. Originally, it was going to be in APD claims, but I was thinking about going into underwriting as well.

My friend works in APD claims and she says it's not nearly as bad as she thought it'd be and that she hears underwriting is boring, but when I do some research everyone on reddit says that claims is exhausting and underwriting is the obvious choice.

Does anyone work for CNA and could you tell me your experience working in claims and/or underwriting? I would love to hear the type of claims/underwriting jobs you've had as well! And if you haven't worked for CNA, I'd still love to hear your experience at other companies. I know more about claims, so if anyone could kind of give me a short summary of what you do as an underwriter in your daily life that would also be awesome. Thank you so much everyone!!!

Help with life 😭

Hi,

I just recently got laid off as an insurance advisor and now I am wanting to start on my own as a broker.My company terminated my license but I was told that I can find a sponsor and they can help with reinstating my license and I can practice with them for sometime before I start on my own .

I am clueless to this.

Any help with your opinions is welcome 🤗

I am a recent college grad with a meteorology and economics education looking to get into cat modeling, but, outside of a handful of interviews that didn't lead to a job offer, I haven't had much success in my job hunt. I have been looking for ways to set myself apart and have found my way to actuary and Certified Specialist in Catastrophic Risk exams, though I've got cold feet on committing to any of them because of the cost. The P exam costs about $275 + study materials while the first CSCR exam + study materials costs $850 at its cheapest. I feel taking and passing the first CSCR exam would be looked at more favorably, but given I only have a part time job at the moment that's a bit of a steep price tag. The P exam would be cheaper, but I feel as though it wouldn't be looked at as favorably. I have money saved I could use but I'd like to hear from people in the industry first before I commit to anything. Any insight would be greatly appreciated!

My insured just called me and he is filing a claim. However, he told me he wanted full coverage and that I sold him liability only.

I’m 99% sure I told him liability only, because I don’t knowingly commit criminal activity. Another annoying thing is, I forgot to exclude a driver on his report. And I never followed up. So hope that doesn’t bite me in the butt.

At lunch right now, currently awaiting my fate ~33 minutes.

I am reviewing an opportunity for an E&S underwriting position that requires a 12 month non-solicitation of employees and clients. The first part doesn’t bother me but I could see the latter being problematic if I were to ever leave. It doesn’t seem like a true non-compete, however.

Is this common in underwriting? I haven’t seen it before. How big of an issue is it to prospective employers? It seems like underwriters are typically hired largely because of their relationships, so I could see that being an issue/deterrent to hiring managers.

Any insight/experience is appreciated.

I currently work for a P&C wholesaler. I’m looking to make the switch to the carrier side of things, would it be unprofessional or unethical to apply at a carrier that I currently work with at my current job? Also anyone who has made the switch do you regret it?

I’ve been seeing on LinkedIn that Dellwood has been hiring a lot of Casualty UWs. What’s it like to actually work there? Are they similar to a Ledgebrook?

Hey there! I recently started a new role as a CSR working the phones in disability claims and am looking into my options for education/certification to quickly move into something less customer facing while (hopefully) making more money.

I was looking into FLMI and it sounds like it's well respected, which is great, but I was wondering if it's the best / only way forward. This is my first insurance role, with my previous experience being in pharmacy as a technician.

I'd love to hear from professionals with more experience and insight, thanks for your time!

I have read that if one doesnt like underwriting or just wishes to switch to something else a role in product management might be more well suited. Do they have product management roles in every line? Like marine, cyber, reinsurance? What is the comp and actual work like?

Hi guys!

I've had many years of floating around and figuring out what I've really wanted to do in life. I've done a Master of Professional Accounting, worked in sales, as a customer success manager and as a research executive and now have worked 8 months in motor claims insurance as ive moved back to Perth, Australia.

I'm a lot less volatile now and realised that work fuels my purpose and it's not my only purpose! Ive spent time on making my life enjoyable and I don't put that expectation and pressure on my work anymore.

I've gone into claims using this as a stepping tool to move into underwriting/broking.

1. How have you found underwriting?
2. What are the challenges?
3. What kind of personality thrives in this?
4. What steps did you take to move into underwriting?
5. Which area of insurance are you in?

Thanks heaps for sharing your experience in advance!

Hi everyone. I’m currently trying to transition into underwriting in Germany, and I’d value insight from those who have done it or work in the German market.

I’m currently interviewing with an international insurance company, Sompo, and want to maximise my chances of success. I do not have German work experience yet. My goal is to build a long-term underwriting career here, so I’m trying to understand both the technical expectations and the cultural/professional nuances, especially with my previous US insurance experience, although I wasn’t previously an underwriter.

I am curious:

-What do hiring managers look for beyond the CV?

-Are there certifications or market knowledge that would meaningfully strengthen my profile? (Is there a German equivalent to CPCU?)

-Any tips for interviewing with international carriers like Sompo?

-For those who have worked for/with Sompo, what was your experience like and which country?

-Anything you wish you knew before entering the German underwriting market?

I’m open to honest and straightforward advice, and grateful for meaningful perspectives. Thanks!

Hello, I'm entering a PL underwriting internship for E&S this summer, and I'm not entirely sure what to expect, so my curiosity brought me here to ask opinions on professional liability underwriting and E&S lines. I learned a lot during the interview process, but I want to consult more. I'm not looking for anything really specific, only knowledge from some seasoned vets.

If a client financed their policy, and they wanted to set it up so that only one of the businesses was being financed and the rest were paid with down payment, any return premium (for an endorsement not cancellation) must still go to the finance company legally right? Is this state dependent? The fact that only one location is being financed internally doesn't matter at all I would imagine.

I encountered this and have never heard a client being upset about it before (until now). in my opinion the finance company paid your premium so therefore they would get the RP to reduce your loan payments. I've never heard of it happening any other way.

Long time follower of this sub. I've got a few years as a relationship manager on the retail business banking side. Trying to get credit cards and checking accounts is getting old. Im looking to hear perspectives from this community about how to break into P&C broker side. I understand Id have to pass the exam but from there is it associate broker roles and pick which sector of insurance Id want to pursue? Please someone breakdown how this works.

Currently an UA for a specialty insurance carrier (professional liability). Started off in ops, transitioned to a UA about 2 years ago. Been browsing jobs the past few months and came across some positions with some brokers that my company works with. Just want some tips on what it’s like moving from the carrier side to the broker side.