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Illinois Insurance Careers
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Insurance advisor
$93k-136k (estimate)
Full Time 1 Week Ago
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Illinois Insurance Careers is Hiring an Insurance advisor Near Champaign, IL

The Insurance Business Advisor is responsible for driving business growth and expansion within the insurance sector. This role involves identifying new business opportunities, developing strategic partnerships, and delivering innovative insurance solutions to clients.

The advisor will leverage their industry expertise to analyze market trends, assess competitive landscapes, and recommend strategies to achieve revenue targets.

Benefits

Annual Base Salary Commission Bonus Opportunities

Paid Time Off (PTO)

Life Insurance

Career Growth Opportunities

Flexible Schedule

Disability Insurance

Parental Leave

Retirement Plan

Evenings Off

Hands on Training

Health Insurance

Dental Insurance

Tuition Reimbursement

Mon-Fri Schedule

Vision Insurance

Responsibilities

Key Responsibilities :

Business Development :

Identify and pursue new business opportunities within the insurance industry, including insurance carriers, brokers, agencies, and other potential clients.

Develop and implement strategic business development plans to acquire new clients, penetrate existing accounts, and expand market share.

Client Acquisition and Relationship Management :

Build and maintain strong relationships with key decision-makers and influencers within target client organizations.

Conduct client needs assessments, identify pain points, and propose customized insurance solutions to address clients' specific requirements.

Solution Design and Consultation :

Collaborate with clients to understand their insurance needs, risk profiles, and business objectives.

Design tailored insurance programs, coverage solutions, and risk management strategies to meet clients' unique needs and objectives.

Market Analysis and Research :

Proposal Development and Presentation :

Prepare and deliver compelling sales presentations, proposals, and pitches to prospective clients, highlighting the value proposition and benefits of insurance solutions.

Negotiate terms, pricing, and contracts with clients to secure new business and maximize revenue opportunities.

Requirement

  • A Property & Casualty insurance license is required.
  • A Life & Health Insurance license is required.
  • Display leadership competencies, including ability to delegate, engage, and inspire others.
  • Minimum education : Associates degree in Business.
  • Strong work ethic and leadership skills.
  • Successful sales background.
  • Last updated : 2024-05-19

Job Summary

JOB TYPE

Full Time

SALARY

$93k-136k (estimate)

POST DATE

05/20/2024

EXPIRATION DATE

08/19/2024

Show more

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The job skills required for Insurance advisor include Presentation, Sales Presentation, Leadership, Work Ethic, Insurance Industry, Risk Management, etc. Having related job skills and expertise will give you an advantage when applying to be an Insurance advisor. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Insurance advisor. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Insurance advisor positions, which can be used as a reference in future career path planning. As an Insurance advisor, it can be promoted into senior positions as an Insurance Senior Broker that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Insurance advisor. You can explore the career advancement for an Insurance advisor below and select your interested title to get hiring information.

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If you are interested in becoming an Insurance Advisor, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become an Insurance Advisor for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Insurance Advisor job description and responsibilities

Insurance advisor should stay up to date with the latest products and benefits and inform clients of these offerings.

04/25/2022: Lompoc, CA

Insurance advisors complete a financial needs analysis with clients, which includes assets and liabilities, tax status, existing insurance and risk analysis.

05/07/2022: Twin Falls, ID

Insurance Advisor should offer specialized guidance and advice on areas of concern and empower people to live better lives.

05/05/2022: Knoxville, TN

The advisor needs to have a thorough understanding of the various degree programs and the necessary classes for those programs.

03/31/2022: Kansas City, MO

Financial advisors need client relationship skills to attract new clients and retain the clients they already have.

02/21/2022: Orlando, FL

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Insurance Advisor jobs

Proofread all written communication.

02/22/2022: Colorado Springs, CO

Provide High-Quality Customer Service.

02/22/2022: Fresno, CA

Read the Offer Document Carefully.

05/09/2022: Utica, NY

Complete requirements for licensure.

03/26/2022: Anaheim, CA

Understand the General Requirements.

03/16/2022: Green Bay, WI

Step 3: View the best colleges and universities for Insurance Advisor.

Butler University
Carroll College
Cooper Union
High Point University
Princeton University
Providence College