Work From Home Insurance Jobs, Top Companies Hiring in [Update] 2024
Work From Home Insurance Jobs: The insurance sector is massive. In the United States, there are around 6,000 insurance companies that offer a wide range of products, including homeowners'(Work From Home Insurance Jobs), rental, and long-term care insurance. According to Zippia.com, individuals purchased insurance totalling more than $1.4 trillion in 2021. The businesses implementing those measures are always seeking fresh hires. Why is that good news for you? These recent hires are increasingly working from home. Continue reading to discover how to locate the greatest remote home insurance positions available.
Is a Work From Home Insurance Jobs Right For You?
The market as a whole has a lot of experience with remote workers, which is one of the best benefits of working for a big insurance firm. For instance, Progressive Insurance has established Employee Resource Groups to support remote workers and help them grow in their professions. The company also offers advice to its remote workers on how to operate well from home, such as the clever notion of using chew sticks instead of squeaker toys to deter pets from making noise during calls!
With 55,000 workers worldwide, Allstate Insurance also has a dedicated remote hiring space. This makes sense given that 80% of its employees work from home. A video of a team member describing what it's like to work remotely for the organisation greets site visitors. During the pandemic, the work-from-home trend gained momentum, and these companies were among the first to embrace it. However, according to Neil Lenane, business leader of talent Acquisition at Progressive Insurance, the insurance industry is not one of the many businesses that went remote during that period and are now asking their staff to return to the office.
Nearly all of our contact centre positions are remote. We even have our own in-house insurance brokers, so that's a sales service. According to him, those positions are entirely remote. In addition, after completing in-person training, progressive insurance claims positions can be performed remotely. at order to get acquainted with their colleagues and management, new workers spend two to three days a week at an office, he explains. If they so choose, employees in even more conventional positions like marketing, law, IT, and human resources can work from home.
What are the Qualifications for Work From Home Insurance Jobs
Jacob Morgan, futurist and speaker and author of Leading With Vulnerability, says the top insurance workers share similar personalities and work styles. Self-discipline and motivation are two of the most crucial.
If you work in an office, you have colleagues, a boss who can monitor you and make sure you're doing what has to be done, and people can see you. He says, "You're likely to struggle if you're at home and you're not the kind of person who can push and motivate yourself."
In addition, he says that those in the insurance sector who work from home should be well-organised and proficient with technology, particularly video conferencing and office software — and have good communication skills.
You should be empathetic, for instance, because you will be interacting with a lot of individuals. In addition, you will undoubtedly receive a lot of irate clients. Conflict resolution skills are necessary since some consumers may be yelling at you or using profanity, he explains.
The recruiting managers of Allstate Insurance, which employs 55,000 people worldwide, 80 per cent of whom work remotely, also look for other abilities, according to workplace futurist Lauren DeYoung. Working together is essential, as is having the motivation and drive to come up with new ideas and think creatively. A successful individual is one who possesses these fundamental abilities and also aspires to cultivate relationships, improve our products for customers, and streamline our processes for our staff.
Being multilingual or bilingual is another essential quality because there is a constant need for people who can speak other languages.
Benefits of Work From Home Insurance Jobs
Working from home as an insurance agent may be actually freeing once you have your act together and have all the procedures in place to be your most productive self. Some of the biggest advantages of working as a remote insurance agent are listed below:
Decreased commute costs
Commuting to work can be expensive, whether you're paying for petrol, a bus ticket or new walking shoes. When you prioritise your commute, there are opportunity costs as well. You might be unable to move into a nicer house on a less expensive side of town, for instance, because of the expense of commuting.
More time to sleep
The average commuter can get 27 more minutes of sleep if commuting time is eliminated. You can also work out or meditate during this time if you're an early riser anyhow. The amount of time you can save in the morning can be quite significant.
Parents have more time with their children
As schools reopen, children will not be at home all day, so working from home does not imply you can spend all day playing with them. Working from home, however, will improve your availability to them and provide you with a more flexible schedule.
Partners have more quality time together
Spending quality time together that doesn't involve cooking or cleaning the house may seem unattainable when both partners work 9 to 5. You can spend more time together when you both work from home, even if it's just for the extra twenty-seven minutes in the morning or for lunch and coffee breaks.
Offices have fewer expenses
Depending on the office's location and size, maintenance personnel, rent, and power can be highly costly. The company's margins will rise if all workers are able to work from home due to the cost reduction. This translates to increased funds available for R&D, productivity-boosting equipment, or even pay raises.
What does a work-from-home insurance job entail?
You might be required to submit to a background check and fingerprinting before being employed for work from home insurance jobs because you will be handling financial and personally sensitive information. In certain situations, passing a certification or exam and completing a training course may also be necessary.
According to DeYoung, after completing the company's onboarding process, you should anticipate spending the majority of your time on the phone, either with customers or other employees. Customers who need to file a loss claim will speak with a claims representative. This include completing paperwork, enquiring to learn more about the incident, researching the claim, and ensuring that clients feel valued and attended to. Given that the work can be challenging, Allstate claims people chat with each other virtually to get support.
Reaching out to prospective clients who are seeking price quotations is a requirement for several insurance sales positions, according to Lenane of Progressive. "It's not cold calling," In essence, they need your assistance to either close a deal or pay for their current insurance after seeing an advertisement or connecting with you online," he says.
Denial experts, collections agents, claims investigators, and more conventional back office positions like accounting, billing, and human resources are among the other occupations.
How much money can I make?
Jobs with insurance companies pay differently. Starting salaries for customer support representatives range from $17 to $21 per hour. The median compensation for claims adjusters, who are required to hold a licence in the majority of jurisdictions, is $72,000 annually. An insurance sales agent makes roughly $28 per hour.
How to Find Work From Home Insurance Jobs
Every job posting website, including Indeed, CareerBuilder, ZipRecruiter, and LinkedIn, has insurance jobs. Additionally, if you are interested in a certain insurance business, you can visit their corporate websites. The majority of insurance businesses offer specialised employment portals or websites, much like Progressive and Allstate do. You can instantly apply after using these tools to gain a better understanding of the industry and relevant opportunities. Allianz, Berkshire Hathaway, USAA, and MetLife are a few examples.
Conclusion: Work From Home Insurance Jobs
For professionals in the insurance sector, work-from-home insurance positions are a desirable alternative because they provide a special combination of flexibility, career advancement, and work-life balance. As remote work continues to grow, more insurance businesses are allowing their employees to work from home, which gives you the opportunity to have a rewarding job without having to commute.
The insurance industry offers a wide range of positions that suit different skill levels and experience levels, from customer service and underwriting to claims processing and sales, whether you're just starting out or hoping to progress in your career. You may put yourself in a successful position in this expanding area by developing your pertinent abilities, keeping up with market developments, and adhering to best practices for working remotely.
When you're prepared to begin your trip, look through reliable job sites, connect with people in the field, and submit applications to firms that specialise in remote insurance positions. You can discover a fulfilling work-from-home insurance job that fits with your professional goals if you put in the necessary effort and take the appropriate approach.
Frequently Asked Questions
The insurance sector offers a wide range of remote employment opportunities, such as underwriters, policy administrators, claims adjusters, customer support agents, and insurance agents.
Strong customer service, critical thinking, attention to detail, effective communication, and familiarity with computer programs and internet resources are all crucial. Understanding the rules and concepts of insurance can also be helpful.
Employers' career pages, internet job boards, and recruitment firms that focus on remote work are all options for job searchers. Using websites like LinkedIn to network with people in your industry might also help you find chances.
Depending on the role, organisation, and expertise level, remote insurance employment may pay around the same as in-office work. Some businesses provide remote employees with extra perks.
Yes, a lot of entry-level jobs in the insurance sector provide new hires with assistance and training. For those who are new to the profession, positions like customer service representatives can offer a solid beginning point.
Flexible scheduling, lower commute times and expenses, improved work-life balance, and the opportunity to work in a comfortable setting are among the benefits. Working remotely may also lead to opportunities with businesses that are far from your home.