6 Common Myths busted for the insurance agent exam

30 November 2019

Recent years have witnessed the absolute rise in the insurance agent exam owing to the vast vacancies for a chain of specialization within the insurance companies. As per the growing number of insurance companies is concerned, the need for the required number of man force is equally important. The conduction of the exam is subject to the deployment of the desired amount of candidates to fill their job positions.

The intense competition arises the increase in the number of exam applicants. Still, the facts regarding the insurance agent exams undergo certain misconceptions owing to its unfamiliarity among the majority. The insurance agent exam is conducted by the insurance companies to fill their various positions of manpower in the diverse scale of operations. People who aspire to work with insurance companies, insurance agent exam, can be overwhelming to an extent where they feel that they don’t stand a chance.

General myths regarding insurance agent exam:

The myth factor arises due to several misconceptions regarding the idea of the concerned topic. Likewise is the case of an insurance agent exam where a major unfamiliarity still prevails. It is the direct outcome of the unglorified facts of the term insurance. As the popularity of insurance is relevant to the limited group of people opting for it. The untrue realities and ideas regarding the insurance agent exam refrain the people from choosing it.

Followings are the common myths about the insurance agent exam:

Need for high educational qualification:

One of the most common misconceptions affecting the existence of an insurance agent exam is the context of the eligibility criteria for appearing in the examination. It is misbelieved that one should possess knowledge in the respective subjects. But in reality, the minimum qualification to enter the exam is minimum graduation in any subject. You can even start your career as an insurance agent after merely completing secondary school. Thus creating ease to begin your career immediately at the early phase.

The requirement of a good command in English:

Although a good command in English is a must to qualify in several other examinations. An insurance agent exam is conducted to test your interpersonal skills and aptitude. Your command over English has nothing to do with qualifying for the insurance agent exam. Due to the fear of lack of unproficiency in the English language, many candidates step back from appearing in the exam and fail to execute their career plans.

It is better to belong from a commerce background:

It is wrong to conclude that only the commerce candidates have access to the insurance agent exam. There are plenty of candidates from different backgrounds, including science, engineering, and arts into this field. Every year, the insurance agent exam witnesses candidates of diverse careers appearing for the exam. Besides proper guidance and assistance in work are provided by the seniors who create an environment of growth through learning. Adequate training would be provided during the probation period until you become a successful insurance agent.

Cracking the exam depends upon luck:

luck

The luck factor does not justify the clearance of your insurance agent exam. Getting through the insurance agent exam depends on the amount of your hard work and dedication. Thus it is wrong to state that one cannot succeed in the insurance agent exam despite his eligibility and good performance.

Self-study is not sufficient:

Yet another myth persists over the factor concerning the mode of study. According to this myth, one shall opt for regular coaching classes to pass the insurance agent exam and for which self-studies would be considered weak. Contrary to the misbelief, one can easily pass the exam by conducting a proper time on self-study. There is no need for long-duration coaching classes that consumes the maximum amount of your time.

People with higher IQs can get through the exam:

Well, this information is untrue to the best of the knowledge. IQ is never a factor concerning the insurance agent exam. To be brief with the context, the insurance agent exam is all about sharpening your skills related to the relevant topic of insurance. It has nothing to do with a whole lot of external knowledge, unlike the case of civil examinations.

These myths harm the preparation of the aspirants, thus offering a chance to back out from the chosen career field. The irrelevant knowledge and false assumptions often mislead the candidates over selecting their desired career path.

This article is specially designed to drive out the present myths in the minds of the candidates who want to fulfill their career in this field. So go ahead, breaking the boundaries of the fear arisen by the myths and give a kick to your career as an insurance agent and to know more about the insurance agent exam click here.

We wish you all the best!

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9 Best Entry Level Marketing Jobs When Starting Your Career

Marketing is a generic term that encompasses a broad range of career paths. There are several opportunities in marketing that can take in different directions and open your door to success. Now, if you are searching for the best entry level marketing jobs, then you have come to the right place! A marketing career attracts artistic and encouraging individuals. This career path in entry level marketing jobs is demanding as well as satisfying due to high salary rewards. A career potential in marketing is unlimited because it is used in every industry and company. A company requires an individual who can understand the marketing industry well and help them in the growth of their business. Marketing Job Description - Duties & Responsibilities A marketer is an individual who promotes products and services on behalf of a company. They are also responsible for boosting the company’s promotional efforts and increasing return on investment. Marketers create a message that describes the benefits of the company’s products and services to their target audience, and it directly affects sales. Now, let’s discuss the top duties and responsibilities of a marketer. Analyzing the results of the campaigns and reviewing the progress by making adjustments. Researching the past successful campaigns in order to understand what is working and vice versa. Conducting marketing research to understand the target audience’s needs, interests, habits, wants, and other factors used in targeted marketing campaigns. Meeting with clients to discuss goals, budget, and brand guidelines. Helping team leads set, allocate, and control the budget of every project. Creating a style for the brand that captures the attention of the target audience. Collaborating with advertising, marketing, and sales team members in order to plan promotional marketing campaigns. Specifying a company’s target audience based on market research. Skills Required To Become A Marketer The major part of a marketing career is that you need to understand the needs, preferences, and limitations that describe the target group of consumers. This is usually done by the marketing research team. Besides, there are some skills that are required to succeed as a marketer, and this includes the following: Research skills Problem-solving skills Writing skills Analytical skills Communication skills 9 Best Entry Level Marketing Jobs [Updated] If you are choosing marketing as your career path, then you need to understand this industry in depth. You also need to build a portfolio, engage in conversions, and stay updated with all the marketing data. The best entry-level marketing jobs depend upon your skills and interests. The job will allow you to showcase your skills and improve the same by working on them. At the same time, you can use those to reach your career goals. To reduce your time and efforts, we have listed the top 9 entry-level marketing jobs that will boost your career path. 1. Marketing Assistant A marketing assistant supports a company’s marketing team in tracking, executing, and planning the achievement of marketing campaigns and programs. The major responsibilities of a marketing assistant include the following: Organizing marketing events Creating marketing materials Assisting the marketing team on projects Analyzing data to monitor campaigns Creating and managing the production of marketing collateral Providing project-specific administrative support Producing content for all social media platforms 2. Content Marketer Content marketers help in the planning and the development of the organization’s content and strategy. They create content not only for the company’s website but also for the social platforms to increase the visibility and conversions of the business. The major job responsibilities of a content marketer are as follow: Working with clients to edit and modify the copy to meet the content expectations. Collaborating with PR and marketing departments Proposing copy concepts in an interesting way for clients Researching the organization’s audience and market trends Helping SEO individuals Contributing to content strategy and planning Creating engaging contents 3. Media Assistant Another best entry-level marketing job is media assistant. They work closely with the media team and help in the planning of advertising campaigns across broadcast media channels and digital print. The major job duties and responsibilities of a media assistant include: Developing and maintaining a strong relationship with media outlets. Performing administrative duties Researching audiences and media channels Pulling and analyzing media reports Using media software to track the performance Obtaining and analyzing media. Monitoring media for the appropriate placement of ads 4. SEO Specialist A Search Engine Optimization (SEO) specialist optimizes the performance of the organization’s online content and web pages. They focus on the target keywords and make sure it appears on the top pages of Google. The major job duties and responsibilities of an SEO specialist include the following: Collaborating with blog writers and content creators. Conduct keyword research for the company and clients Improving the ranking of the website Developing a strong SEO strategy and tracking keyword trends Analyzing the search engine’s performance Implement link building strategy Track and report website’s analytics and PPC campaigns. 5. Sales Representatives A Sales Representative recognizes and pursues new customers and clients for the company. They are responsible for selling the company’s products by educating the prospects and identifying leads. The major job duties and responsibilities of a sales representative include the following: Providing customer support Meeting sales objectives Building relationships with prospects Tracks all the sales activities in the company Schedule meetings and presentations Generating leads for customers Coordinate with other team members to improve sales effort 6. Account Coordinator Account Coordinator is one of the best entry-level marketing jobs in 2021. These individuals are a part of the advertising agency and help to manage client accounts and campaigns. Thus, they provide day-to-day administrative support to account executives. The major job duties and responsibilities of an Account Coordinator include the following: Creating work schedules and project plans Managing account budgets Helping managers create promotional events for the organization Assembling promotional materials Addressing client queries and solving issues regarding the same Serving clients regularly Drafting sales proposals 7. Digital Marketing Coordinator A Digital Marketing Coordinator devises and implements marketing campaigns on online platforms. They help to create content and build the presence of an organization effectively. The primary responsibilities of a digital marketing coordinator include the following: Analyzing results of the digital marketing campaigns Building strong website presence on social platforms Identifying business opportunities for growth and development Organizing social media sites and creating online content Manage email campaigns Tracks website analytics and other reports. 8. Marketing Analyst Marketing Analyst is one of the top marketing jobs for the entry level position. They conduct research, analyze data, and boost marketing efforts. The top job duties and responsibilities for the marketing analyst are as follow: Create specific research methods Interpret data and formulate reports Utilize online marketing research and catalog findings to databases Develop research proposals and create reports to present data findings Understand the marketing trends in-depth and community with other team members. Measuring and reporting on marketing performance campaigns 9. Public Relations Public Relations specialists build and maintain a positive public image for an organization. They create a press release or media that shapes public opinions of the company in order to increase brand awareness. In short, Public Relations specialists are responsible for maintaining a positive image of the company. The top job duties and responsibilities for Public Relations are as follow: Tracking press opportunities and speaking engagements Works with managers to identify trends and group interests Updating and maintaining web content Preparing and editing organizational publications Understanding the organization’s objectives Planning the development of programs Establishing and maintaining relationships with consumers The Final Thoughts The above-listed entry level marketing jobs may lead you to a job in product management in which you would be responsible for the success of the brand. A marketing career is very rewarding and interesting in the long run. Thus, you can make your career in this field and enjoy high pay. Besides, let me know your doubts in the comment section below regarding marketing-level jobs. READ ALSO: Career Options after 12th Science 8 Useful Tips for Personal Career Development Is Real Estate Investment Trusts A Good Career Path? 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What are the Advantages of Pursuing a Full-Time Master’s?

With your bachelor’s degree in the bag, you will be faced with yet another big life decision: should you pursue a Masters full-time program or head into the labor market? There are many different reasons why individuals choose to study for a Masters. For the most part, though, the hope is that it improves your career prospects, and ultimately your wage premium. Whatever your motivations may be, you might be torn at the prospect of halting your career hunt to pursue yet another degree. While there are certainly more than a few considerations that should go into this decision, we’ve provided some of the advantages of deciding in its favor. Employability: One of the most important reasons why you might choose to consider studying a full-time Masters is to improve your employability. If you are gunning for an academic role, a Masters degree is an important next step. A Masters is also an important step if you are looking to switch career paths or accelerate your career progress. Wage Premium: Higher educational qualifications generally necessitate higher wage premiums in different career environments. With a Master’s degree comes added qualification and skill set, positioning you for even more responsibilities in your work environment. It is important to note that some Master Degree holders enjoy parity with holders of bachelor’s degrees in higher-paying fields. However, your focus should be on your career of choice. Deeper Knowledge: Postgraduate programs, such as full-time masters programs, are mostly specialized in nature. If you have a genuine interest in your field and desire to gain even more theoretical and practical knowledge in this course of study, a master’s program will be beneficial. Specialization also improves your chances of career progression and improved wage premium. Real World Knowledge and Networking: One of the more specific advantages of pursuing a full-time Master’s program, not just a Master’s program, is the real world scenarios it prepares you for. Many schools send their postgraduate students out into the field for studies and invaluable work experience, exposing them to the real world work environment. This allows students at this level to gain practical skills applicable to the real world environment, while also providing you with a chance to build your network for the future. Program Speed: Yet another benefit of a full-time program is the speed of completion. Going part-time, whether in a physical institution or through an online course, may allow you to pursue the program according to your pace, but it also does well to ensure the program lingers and drags on. A full-time study for masters is usually completed between 1 – 2 years, accelerating your goal to acquire relevant knowledge and certification. The question of whether you should pursue a master’s program is a very personal one. It is generally a cost-intensive venture, which means that you may be short on budget. Otherwise, you might be skeptical of committing such amounts without any assurances. However, programs like the BBS full-time master’s program ensure that you ultimately get great value for your financial, material and time commitments. Read Also: How Studying Abroad Can Benefit Your Career Upcoming Educational Trends In 2017 4 Emerging Trends In The Education Sector

Is Property-Casualty Insurers A Good Career Path?

Is property-casualty insurers a good career path? Our world is changing so quickly that the insurance industry is just growing and looking for new methods to shield people from any type of harm. Property-casualty insurance actually can be a wonderful career choice for you if you love working with customers and assisting others. Therefore, if you want to pursue a career as Property-Casualty Insurer, then read this guide till the end. Here, I have explained why this career choice is a good one, along with what the highest-paying jobs are. Why Is Property-Casualty Insurers A Good Career Path? Why is property casualty insurers is a good career path because: 1. Highly Flexible Job You will have a lot of freedom to choose the kind of work you do when you work in this industry. Property-casualty insurance provides a wide range of different options, from underwriting through sales. 2. A Sense Of Entrepreneurship Image Source It's usual for agents to leave their employer after gaining credibility to either being their very own venture of a modest firm as a division of a bigger insurance company or in order to become an independent insurance. 3. Negligible Entry Barriers The barriers to entry are pretty less compared to other industries. This is because you only need to pass a licensing exam, and that's it. As soon as you pass the exam, you can full-fledged become a Property-casualty Insurer. Best Jobs In Property-Casualty Insurance Property-Casualty insurance providers must adapt to changes, which is why there is significant demand and high compensation for these positions. To understand why is property-casualty insurers a good career path, it’s because you can earn lots of money by becoming: 1. Landlord Insurance Agent Agents for landlord insurance assist owners of rental properties. This particular type of insurance mostly covers both property and liability, protecting the landlord from different types of monetary damages. This can vary from the actual home to additional buildings or personal items required to maintain the rental. Agents may earn more money by working in prosperous locations. Additionally, you should be driven to follow up with clients and possess excellent people skills. For individuals who are new to the industry, this might be a wonderful chance as the majority of landlords want to preserve their assets and interests. 2. Homeowners Insurance Agent In the event that something threatens the customers' safety, homeowner's insurance helps safeguard their houses and any assets. Theft and fire may be examples of this. Agents that deal with home insurance, always are knowledgeable about liability insurance and can best safeguard their customers. Homeowners Insurance Agents will earn more money if they work in a prosperous city like New York, California, San Francisco, or Norwalk. In this sort of employment, it is indeed critical to be affable and have strong salesmanship as you will be working with clients the majority of the time. 3. Property And Casualty Insurance Agent An individual who provides insurance for houses, personal belongings, cars, and commercial assets against legal judgement or physical harm is known as a property casualty agent. In an usual customer-facing position, you would speak with potential customers to learn about their insurance requirements. You must posses strong customer service and sales abilities, as well as excellent organization and attention to detail in case you wish to become successful as a Property Casualty agent. This work includes a hefty amount of information pieces gathering and determining fair prices. This implies that you'll spend most of your time working from your home desktop. 4. Insurance Entrepreneur Becoming an insurance entrepreneur is a terrific option for starting a small business. These people run a firm that is often affiliated with a bigger organization and offer insurance to their neighborhood by forming alliances with nearby businesses. Making a living off of your own business is a lot of work, so be sure you're up for the challenge. These might range from employee training to sales, budgeting, and customer service. You must either look after all these duties all by yourself or you can appoint somebody who can. 5. Condo Insurance Agent Selling and promoting insurance products and services to clients is the main duty of condo insurers. Condo insurance specialists are knowledgeable about the industry and can provide clients with the practical advice and direction they need to select the best coverage. It's critical to comprehend all the alternatives you may provide your consumers and to clearly communicate them if you want to be successful in the condo insurance industry. Here, sales abilities are crucial. There are several choices for condo insurance agents, depending on where you reside. This employment is frequently in great demand if you work in a city. How To Start Your Career In Property-Casualty Insurance? To become a property-casualty insurer, you must: 1. First, Pass The State's License Test In order to sell insurance, you must be licensed in the state where you want to work. As with the minimum passing score and the overall pass rate, the licensing procedure differs by state. 2. Passing The Property And Casualty This test can be attempted with 35–40 hours of preparation. Instead of cramming everything into one week, it is advised to study over a few weeks. 3. Use Practice Tests There are many Property and Casualty practice tests accessible. These might assist you in determining how effectively you are learning the material you are studying. 4. Take A Test Preparation Course To earn the Property and Casualty license, it is advised to attend an insurance certification course, even though not all jurisdictions mandate it. Frequently Asked Questions (FAQs): The answers to some questions regarding why is property-casualty insurers a good career path are: Q1. What Are The Biggest Risks Facing Property Casualty Insurers? Ans: The biggest risks that a property-casualty insurer faces are:➊ Increasing competition in this profession.➋ Technological advancements lead to the constant change in the field.➌ Operational costs are increasing every day.➍ The technology used and its infrastructure are outdated to current insurers.➎ Engagements with customers are becoming more complex. Q2. What Is The Largest Property And Casualty Insurance Company In The US? Ans: In the USA, the biggest Property-Casualty Insurance company is State Farm. Financial reports in 2021 indicated that this firm has $71 billion in bonds, along with a 9% market share. Q3. How Property And Casualty Insurers Make Money? Ans: They have the option of making money via investments, underwriting, or both. If you have a closer look at an insurer's assets, the majority of them are financial holdings. They are usually in the form of listed shares, corporate bonds, government bonds, and commercial real estate. So Do You Want To Pursue A Career In Property-Casualty Insurance? Is Property-Casualty Insurers a good career path? Yes. Indeed! A career in property-casualty insurance is a smart choice. The market for property and casualty insurance is expanding. In this vast industry, there are many employment positions that call for a range of skills and abilities. Many people find that working in this setting is the ideal career because it can be both satisfying and lucrative for employees. Read Also: How to Start Your Career as a Financial Advisor? Are Commercial Banks A Good Career Path In 2022? The Top 3 Reasons That You MUST Get Equipment Insurance Before Starting Your Job

6 Common Myths busted for the insurance agent exam

General myths regarding insurance agent exam:

Followings are the common myths about the insurance agent exam:

Need for high educational qualification:

The requirement of a good command in English:

It is better to belong from a commerce background:

Cracking the exam depends upon luck:

Self-study is not sufficient:

People with higher IQs can get through the exam:

Career Options after 12th Science

Possible Reasons Why Your Employees Aren’t Too Productive and What to Do About It

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Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

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9 Best Entry Level Marketing Jobs When Starting Your Career

What are the Advantages of Pursuing a Full-Time Master’s?

Is Property-Casualty Insurers A Good Career Path?

6 Common Myths busted for the insurance agent exam

General myths regarding insurance agent exam:

Followings are the common myths about the insurance agent exam:

Need for high educational qualification:

The requirement of a good command in English:

It is better to belong from a commerce background:

Cracking the exam depends upon luck:

Self-study is not sufficient:

People with higher IQs can get through the exam:

Share this Article

Career Options after 12th Science

Possible Reasons Why Your Employees Aren’t Too Productive and What to Do About It

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

Leave a Reply

Popular

Follow Us

Recent

Related