Property and casualty insurance agents and brokers sell policies that help individuals and companies cover expenses and losses from such disasters as fires, burglaries, traffic accidents, and other emergencies. These salespeople may also be known as fire, casualty, and marine insurance agents or brokers. There are approximately 410,050 insurance sales agents, including property and casualty insurance agents and brokers, employed in the United States.
Minimum Education Level
Recently hired sales agents are usually paid a moderate salary while learning the business. After becoming established, however, most agents are paid on the basis of a commission on sales. Agents who work directly for an insurance company often receive a base salary in addition to some commission on sales production. Unlike life insurance agents, who receive a high first-year commission, the pr...
Property and casualty insurance agents must be in constant contact with people—clients, prospective clients, and the workers in the home office of the insurance companies. This can be very time-consuming, and occasionally frustrating, but it is an essential element of the work.
Two of the biggest drawbacks to this type of work are the long hours and the irregular schedule. Agents are oft...
Employment for all insurance agents and brokers is expected to grow faster than the average for all occupations through 2028, according to the U.S. Department of Labor. Individuals with determination and the right skills (including fluency in a foreign language, especially Spanish) should have numerous job opportunities for several reasons. The overall demand for insurance should be strong as t...