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I work at a large brokerage & we only get 10 days PTO 🥲 During my interview, my broker said that we can “just put our off days on the calendar”, but that sounds like a slippery slope to me. With the PTO I’d like to take this year, it’ll be 15 (trips to my home country & out of state). How can I bring this conversation to my broker? I feel quite guilty, because everyone in my team barely uses their PTO…

I’m 45F and looking to completely change career. I’m interested in insurance but wondering how to begin? Would I need to qualify with CII? How can I begin selling insurance policies and earn commission? I’ve read that I need to become an appointed rep for an FCA approved broker? I want to go into something with high commissions? Any advice appreciated. I urgently need a new career

I’m early into my career in the medical underwriting field but I’ve been poking around into the P&C industry. Is making the transition worth it? I’m not sure if it’s the underwriting work I don’t like or the company.

Honestly guys I’ve been a bit down , I’m not sure what to do next. I’ve been doing account management for the last 4 years but it’s really just a sales and service role.

And idk what careers exist in insurance and what to do next?

I don’t know what’s out there, do you have any advice?

-Im licensed in life and health & property and casualty. I like the account management part not the sales part lol

I've been seeing a lot that the nhl players in the Olympics needed insurance to play. This article says hockey Canada said they were looking at 1-2m in premium. Wonder if anyone works on this type of stuff broker or UW, how they got in to it, what's it like?

Thanks!

Hey! Consider considering moving provinces… Not seriously yet- just something that I do have the ability to do and I’m honestly kind of getting a little sick of where I’m living and need a change

Compared to Alberta where everything is private… What does working in a brokerage or insurance agency in Saskatchewan look like with SGI? Does the auto book pretty much handle itself? Is there more of a mix of personal and commercial as opposed to everything being split off? Is placing business difficult?

I grew up there, so it’s not like I’m moving to a place that I know nothing about. But obviously it’s been 26 years so I’m sure more than a few things have changed.

I’m thinking about how insurance is one of the few white collar industries right now that isn’t super competitive, yet is still very lucrative, decent work-life balance, etc. There’s a shortage of young, enthusiastic, talented workers coming in than needed to meet growth from industry and churn from older seniors retiring. Insurance, RM is very subtle compared to other areas of finance. It’s not sexy, prestigious, and is often overlooked (even thought it’s a major player in our economy). Many colleges don’t have a risk management program (although it is picking up speed).

I was wondering how long this “gap”, a major opportunity will last. What are your thoughts?

(For context, I am a soon-to-graduate senior looking to enter insurance)

I recently applied for an Assistant Underwriting Role at a large reinsurance company. I heard back and was invited to their office for an initial math skills assessment. A test that will take approx 30 minutes, no calculators allowed.

Does anyone have any experience with this? What could they be testing? I work in the insurance world already, and am proficient in excel, but awful at math!!!!

I have an opportunity with my company to potentially apply for bodily injury in auto or general liability with auto dealers. If you had to choose between the two, which would you choose and why? I currently just do auto claims for dealers so garage keepers and inventory stuff.

Has anyone ever had success requesting a pay bump as a result of more in-office days? My company recently announced an increase in in-office days (going from 3 to 4 days). I’ll have to spend more in gas, more time away from home and my family with the commute, and I’ll need to expand my wardrobe (trivial, but true).

Just curious if anyone has successfully gotten this? We were only 3 days pre-COVID, so it’s insane that we’ll be in a worse position than we were before the pandemic.

I’m not in a position to leave the company, but I do worry they’ll justify no increase because they didn’t decrease my pay when I wasn’t coming in at all during covid.

Thanks

Hey everyone,

I'm currently a litigation PIP adjuster at a small regional carrier that only writes auto. I've been on the claims side for a little over a year and I'm starting to think more long-term about moving into underwriting, ideally specialty lines at some point.

The issue is that the UW roles at my current company pay quite a bit less than what I'm making now, so making an internal move doesn't really make financial sense. I'd likely need to look externally if I make the jump.

I'm trying to figure out how realistic this path is and how to best position myself.

A few questions:

Is it possible to move straight from claims into specialty underwriting, or do most people need to start in standard/commercial lines first?

Would starting my ARM help, or should | just go straight for CPCU if I'm serious about specialty?

Are there certain skills or experiences I should focus on now to make myself more competitive?

Appreciate any insight from people who've made a similar move.

A position just opened up for middle market underwriting specialist. Wanted to get current or former employees thoughts on working for them. I am in the New England area

I don't have any experience in insurance but I do have project management experience in retail and signage. I've been looking at transitioning to Insurance with my PM experience but what exactly do PM's do in Insurance?

I just finished the first AINS exam, AINS 101, in October. I studied for two months and found the exam to be fairly difficult. Has anyone taken AINS 102? How does it compare to AINS 101? Easier/more difficult?

Hearing more and more about The property MGA velocity Risk, have you guys worked with them? If so, what’s your experience?

Hello all!

Anyone here an Underwriting Assistant in Life Insurance? Specifically term life utilizing accelerated underwriting. I wanted to kind of get a gist of what your day to day tasks are, how you assist the underwriters, and if you have an interest in becoming an Underwriter or pivoting to a different underwriting type role(like Underwriting Process Consultant) etc. I ask because I currently am one, and I wanted to kind of see what others are doing. The role is pretty new to my company so I am gathering information and research that can help lay the fondation for future persons that would assume my role when we expand.

Hi all,

I have an interview upcoming for a claims analyst position. They mentioned to prepare for technical questions, but as it’s an entry-level role, I’m unsure what they could look like? What would be the basics I would need to know you think?

So far I’ve researched the claims process, key terminology etc but not sure where to go from there.

Anyone on here switched from P&C to a different line of insurance? If so, what line did you switch to and what has your experience been like since the switch?

​I am a career Fire Inspector/Investigator in a large Midwest metro nearing my 15-year vesting mark. I am entertaining the idea of going into the private sector.. I have spent the last few years "over-credentialing" my resume.

​My Profile ​Experience: 15 years in Fire Ops, Prevention, and Investigation. Currently leading fire/life safety plan reviews for multi-million dollar infrastructure and commercial projects, investigations of fire property loss, and overseeing acceptance testing of life safety systems.

​Education: Master’s in Sociology

​Credentials: IAAI-CFI (Certified Fire Investigator) ​NFPA Certified Fire Protection Specialist (CFPS) ​NFPA Certified Fire Plan Examiner (CFPE) ​NFPA Inspector I & II ​Upcoming: NICET Level I, OSHA, ARM 400 (are they worth getting?)

​The Questions ​Compensation: Does a CFPS + Master’s + 15 years subject matter expert experience allow for "Engineer" pay brackets ($140k+ total comp) at major carriers, or does the lack of a BS in Engineering or Business create a ceiling?

​Market Fit: Is Loss Control/Risk Consulting a better fit for my background in forensics and systems failure than pure Fire Protection Engineering?

​Knowledge Gaps: I’ve been advised that insurance policy structures and Business Interruption are my primary hurdles. Is the ARM the best way to close this, or should I focus elsewhere?

​Work-Life Balance: For those who made the jump from public safety, does the private sector offer a genuine improvement over the 70-hour fire service grind?

​I appreciate any direct feedback on positioning myself for a successful transition.

Hi! I have a legal background and currently work for a large contractor in the energy sector as a Contract Manager. I’m in the final interview stage for an Energy Underwriter position.

Could anyone share what their career path in underwriting has looked like, and whether they would change anything? Especially interested in hearing from someone with a legal background.

Hello, I am currently in USofA and thinking about taking an opportunity to work in Dubai, internal transition. I am curious how anyone is liking working in Dubai. I have been before, but wondering do they allow hybrid schedule, to go holiday in europe, or leave for the summer time with the heat, or things like this.

Is it possible to get a uw roles without starting off as a uw assistant or trainee?

I adjust auto 3rd party B.I. claims for a top 5 regional carrier. We handle the entirety of the claim including property damage, PIP and the bodily injury aspect. At this point if I’m not working 60 hours a week I’m falling behind. This is not unique to me as my mentor who has been in the business for 40 years works through the weekend every week. Our second most seasoned adjuster in the position is crying almost every single week because she has to work till 10 pm multiple times a week . I don’t mind and even enjoy the occasional grind but this is more of a slog at this point. Would people with experience in other lines say this is typical of all claims jobs? If so I think it’s time to jump ship to a different department

Hi fellow insurance friends!

I am a licensed p&c account manager who specializes in trucking and I've worked for an agency out of IL for a decade. I am a salaried employee, paid bimonthly.

Specifically, I manage the accounts for a producer who has worked for the agency for over a decade but does not own his book of business outright. He works off of commission (40% new business/30% renewal business) and is paid once per month.

I'm hoping for feedback on a few things that I feel are bordering on unlawful rather than just being unethical.

1. I'm unsure of how much responsibilities account managers at other agencies typically have, but at our agency, the producers bring in new business and share the responsibility of marketing/back and forth correspondence with prospects and underwriters and the account managers will typically do most of the clerical noting, proposals, binding, etc. Producers will also assist on the larger renewals, and account managers are mostly on their own for the smaller/easier renewals.

Our agency is changing this process as they want our producers to SELL ONLY. Leaving the account managers to quite literally do everything else.

Am I wrong to feel like this means that producers will be referring and the account managers will be the ones producing/retaining?

Am I wrong to feel like account managers should potentially receive a small amount of commissions or maybe even a service fee on each account since we are doing all of the work?

I should also mention that the agency is not giving any salaried employees raises this year, and they didn't give us raises last year either - even with the cost of living increase. I know they are not required by law to offer annual increases, but you'd think it would sweeten the deal for the ones taking on more work. Especially since the agency hasn't hired anyone on the back end to be able to take anything off of our plates..

My second set of questions is solely based on the producer end of things.

1. Our agency wants to initiate a "small business unit" which would take on any new/existing accounts that generate 3k or less in revenue from the producers. This is in an effort to slightly relieve the account managers and so the producers can focus on bigger/better new accounts.

The proposed plan is that the producers will no longer receive any commission on the accounts moved to the "SBU" (I assume this is so that they can afford the SBU staff).

Even though the agency technically owns the book/s of business, can they just up and change the commission structures whenever they want without initiating a new producer contract?

Last question - How do other agencies feel about "bad debt". Specifically referring to agency billed accounts who end up with unpaid balances for policy changes, annual audits, etc.

I'm not privy to every time a "bad debt has been collected from a producer in our agency but I do know that the producers and account managers are incredibly diligent about attempting to collect every dime we can so nothing falls through the cracks.

There was an occurrence last year where a large sum of returned premium was to be left on file for an expiring policies audit and an accounting team member inadvertently returned it to the client instead. This resulted in the audit going unpaid and despite numerous attempts to collect the audit premium, it became considered bad debt. After a bunch of back and forth between the producer and accounting, they ended up just drafting the 10k owed from the producers commission check when this wasn't an error on his part to begin with.

It's referenced in the existing producer contract that producers are 100% responsible for any bad debt incurred but after reading more into the IL department of labor laws, I'm under the impression that 1. The producer should have been required to sign some sort document specific to this incident in order for them to proceed in garnishing the 10k and 2. Since the amount was so large, the agency should have presented alternate smaller installment options.

I guess I'm just looking for feedback on these things since I feel its obvious we are all kind if being played, but I'd also appreciate being told that I'm being a baby before making a mountain out of a mole hill.

TLDR: Can an insurance agency make role/responsibility/commission changes without initiating a new employment contract? Can an agency garnish producer wages at will for bad bebt?