Questions about Bankers Conseco Life Insurance Company (BCLIC)?
i got an email from them after posting my resume online saying "We found your resume and are very impressed! We believe you have the qualifications we're looking for to fill our open insurance agent position"
I have few questions before going further with this…
1. is this company well known? i've read its ranked fortune 501 company. is this good place to do my internship?
2. When they say insurance agent, what would i be doing exactly?
3. whats the base salary for this position?
4. is this relevant work to my finance major?
any additional information would be appreciated.
1. Yes, they are well known.
2. Most likely, they'd want to you get a license, and sell insurance.
3. There is no base salary – it's straight commission.
4. Sort of. For insurance sales jobs, there's really high turnover. 95% of people who try, wash out within six months – they can't even make $1,000. Because it's straight commission, they have NOTHING TO LOSE by hiring 1,000 people a year, knowing that maybe 50, will still be at it by the end of the year. You do NOT need a college degree to sell insurance – however, if you want to get into management, you do, and starting in sales is a very valid way to do it.
1. Yes, they are well known.
2. Most likely, they'd want to you get a license, and sell insurance.
3. There is no base salary – it's straight commission.
4. Sort of. For insurance sales jobs, there's really high turnover. 95% of people who try, wash out within six months – they can't even make $1,000. Because it's straight commission, they have NOTHING TO LOSE by hiring 1,000 people a year, knowing that maybe 50, will still be at it by the end of the year. You do NOT need a college degree to sell insurance – however, if you want to get into management, you do, and starting in sales is a very valid way to do it.
References :
base salary is zero and anybody that could 'fog an eyeglass' would also meet their qualificatons. It's a sub par company and I'm not so sure it'd be a great place for an internship.
It's a commission only sales job. Which by itself is not a bad thing, but there are many better options.
References :