For years, men dominated the insurance and financial industries, and female insurance agents were hard to find. However, as companies pour resources into finding top talent, they are realizing that a more diverse workforce makes a positive impact on any industry.
When women thrive, their businesses thrive and give the industry’s bottom line a bump. It’s a win-win situation when women choose to pursue insurance careers. Insight and the ability to align diverse needs of clients make women in demand for the insurance world. There is a massive opportunity for women to carve out niches in the senior insurance world, and here’s why more women should consider joining the ranks of female insurance agents.
Your Job Has Meaning
For years women have been underserved in the financial world as both clients and advisors. The gender gap for insurance coverage is slowly closing as more women demand financial education and planning services.
You have a unique opportunity to help fellow women plan their financial futures and improve their quality of life down the road. It’s a built-in target market that allows you to serve women’s health while growing your own female-led business.
Besides the perk of having a built-in target market, your job has significant meaning to the people you serve. Agents specializing in the Medicare market interact with thousands of seniors who need guidance picking health coverage that impacts their quality of life. The decisions you help your clients make affect them, their families, grandkids, etc. Your expertise is invaluable to many of your clients, and you can become a resource to them in times of need and support. Who doesn’t want a job that makes a significant difference in the lives of people?
Female Insurance Agents Earn Equal Pay
As an independent insurance agent, you can earn consistently without fear of unequal pay. For example, in the senior market, commissions pertaining to Medicare Advantage and specific products are federally regulated, which guarantees equal compensation per sale.
No one can dictate what you can or cannot sell as an independent agent. You get the pick the products you think will offer clients the best solutions and control how much work you put in for each sale. For many agents, having the ability to set their salary is one of the biggest perks of the job.
Flexible Schedule
Many of our female agents value their job because of the ability to create their schedules year-round. If they want to work three times a week due to family obligations or other work functions, they can.
As a female insurance agent, your schedule is only dictated by your lifestyle needs and sales goals for the week, month, or year. There is so much freedom to be had in the independent insurance market. Because you set your schedule, there’s less chance of burnout and boredom. No day has to be the same!
Career Growth and Potential
Again, being your own boss means there is no glass ceiling. If you have stable and continual growth, opening an agency becomes the logical next step as an agent. From there, you build and develop a full-service agency to serve the needs of your ideal client. Running a successful agency allows you to be your own boss and mentor other agents in the field.
These are just a few of the many reasons why more women should become insurance agents. The insurance and financial industries need diversity to survive, and women thrive in this field. Many of the barriers in a traditional workplace are diminished or removed entirely.
Being an independent insurance agent allows women to be in complete control of their careers and maintain independence. It can seem daunting to start an entirely new career field. However, NCC makes it more accessible. We cater to new agents to train and educate them on senior insurance. We partner with you to help you reach YOUR sales goals and provide crucial administrative support. If you are interested in more information, call us at 1-800-695-0280.
Considering a Career in Medicare?
Check out our Medicare Sales Training Guide to learn the nuts and bolts of the Medicare industry.
Learn everything from how to get licensed and contracted to how to close a sale. What better way to find out if Medicare Sales is the right career for you?
