Insurance Agent

Insurance Sales Agent

Insurance sales agents act as intermediaries between insurance companies and insurance buyers, including individuals and business. They advise customers on the insurance policies that best suit their needs. The primary task of an insurance sales agent is selling his or her product to interested parties. To accomplish this task, insurance agents must be active in seeking out new clients and explaining types of coverage they may find helpful. In order to sell their product they must also understand it by keeping abreast of the rates and policies that various insurers offer.

Additionally, insurance sales must fill-out and submit applications, issue quotes, maintain client records and prepare reports. In the event of a claim, agents help their customers file and receive financial compensation for their loss.

Essential duties and responsibilities include : attending meetings, seminars and programs to learn about new products and services, learning new skills, and receiving technical assistance in developing new accounts; calculating premiums and establishing payment method; calling on policyholders to deliver and explain policy, to analyze insurance program and suggest additions or changes, or to change beneficiaries; conferring with clients to obtain and provide information when claims are made on a policy; contacting underwriter and submitting forms to obtain binder coverage; developing marketing strategies to compete with other individuals or companies who sell insurance; ensuring that policy requirements are fulfilled, including any necessary medical examinations and the completion of appropriate forms; explaining features, advantages and disadvantages of various policies to promote sale of insurance plans; interviewing prospective clients to obtain data about their financial resources and needs, the physical condition of the person or property to be insured, and to discuss any existing coverage; monitoring insurance claims to ensure they are settled equitably for both the client and the insurer; performing administrative tasks, such as maintaining records and handling policy renewals; seeking out new clients and developing clientele by networking to find new customers and generate lists of prospective clients; selling various types of insurance policies to businesses and individuals on behalf of insurance companies, including automobile, fire, life, property, medical and dental insurance or specialized policies such as marine, farm / crop, and medical malpractice; and performing any other related duties as required or assigned.

Qualifications include high school or GED, plus specialized schooling and / or on the job education in a specific skill area; e.g. data processing, clerical / administrative, equipment operation, etc, plus 12 to 18 months related experience and / or training, or equivalent combination of education and experience. Required certificates, licenses, registrations include life & health insurance license; property & casualty insurance license.

EEO Statement

Arkansas Federal Credit Union is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, gender, gender identity, sexual orientation, age, status as a protected veteran, among other things, or status as a qualified individual with disability.