Business and economics majors may find security as insurance sales agents

June 5, 2009

Business and economics majors may find security as insurance sales agents

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Outlook: Employment of insurance sales agents is expected to increase by 13 percent from 2006 to 2016. In addition, Allstate recently launched a recruitment campaign in Washington to attract new agents.

Pay: The 2,860 insurance sales agents in the Seattle-Bellevue-Tacoma area earned a median wage of $52,700 in 2007.

The job: Insurance sales agents help individuals, families and businesses select insurance policies that provide the best protection for their lives, health and property. Agents sell one or more types of insurance, such as property and casualty, life, health, disability and long-term care.

Training, licensing: Many companies and independent agencies prefer to hire college graduates, especially those who have majored in business or economics. High school graduates may be hired if they have proven sales ability or have been successful in other types of work.

Source: U.S. Bureau of Labor Statistics

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