I did an internship with Northwestern mutual in college, I have my L&H license, and I've done direct sales for a little over a year now. I'm looking to get back into the insurance industry and I've been "recruited" by a couple companies like State Farm and Allstate. From what I've read (I'm from Alabama) Alfa seems to be the most solid throughout and they give you somewhat of a salary the first couple years in the business and more times than not you start with a book of business. I was curious what you guys might know about Alfa or what would be the best company to start out with? Thanks, this is my first post.
Alfa, State Farm, Allstate?
- Thread starter haynes36
- Start date
- 189
you will need the salary insurance is tuff these days go back to college
trustandadvice
Expert
- 89
State Farm and Allstate have been calling everyone for a long time. I kicked the tires on both about 7 years ago. I am a 22 year veteran of the industry. In my opinion it would be a mistake to sign up with either. They have agents everywhere and their goal is for an agent to eventually make about $100,000 a year and I don't think that that is net of the expenses that you need to pay. You are primarily selling property and casualty insurance. (Your internship is with a life company). Between their commoditized product line and their having agents overlapping each other I would run from those conversations.
They are also trying to get into the investment business with a third world investment platform. It's a dud.
Their model is a lot of work on a lot of small transactions.
Get your MBA.
If you decide to do insurance find a different opportunity.
