By: Globe Life Staff
June 15, 2024
Still serving. Still protecting.
Carry the Mission Forward
At Globe Life Family Heritage Division, we value the discipline, leadership, and commitment veterans bring to the table. Here, your mission continues, but this time it’s to help protect families while building your future. We offer a career path where your service mindset continues to help Make Tomorrow Better.
Your New Career
As a veteran, transitioning from military service to the civilian sector might feel daunting. What is the best approach to matching the skills and knowledge you learned in the military to a civilian workplace?
There are many options, but slipping easily into a new career may take time. It may require going back to school or competing with people in a career who have more of the hands-on experience many employers seek.
A career in insurance sales can be a great opportunity for you to consider when leaving the military. Starting in sales can help level the playing field since everyone typically starts in the same place as an insurance agent. Your success is dependent on the time and effort you are willing to invest in learning and growing.
As an insurance agent, you may be part of an agency. Within the agency, you are likely to have leaders who understand the early days of selling and its challenges. These leaders can help lead and point you in the right direction when you need it most.
Reputable insurance companies often provide ongoing support for career growth. This includes access to webinars, in-person training, and sales schools focused on sales and leadership development.
Seize the Opportunity
In addition to initial commissions from policy sales, you may also qualify for renewal commissions. This means earning a percentage of the premium each time the policy renews, as long as it remains active and premiums are paid.
Some insurance companies have additional incentives and awards for meeting and surpassing company business goals. Some insurance companies host annual conventions in exciting destination locations for qualifying agents. To attend the convention, these companies may require the agents to meet certain qualifications, such as a minimum amount of business sold within the qualifying period.
""A career in insurance sales provides a great opportunity for veterans exiting the military and looking for something new.""
Utilize Your Skills
Ethics, problem solving, leadership, and time management are skills veterans bring to the civilian workforce.1
The insurance industry can be a good fit for veterans because veterans generally:
-
Understand structure and discipline
-
Realize the importance of helping others
-
Have developed habits for a mindset of tenacity and persistence
-
Understand the importance of learning systems and following them
-
Adapt and pivot when plans change
-
Understand what it means to be part of a team
-
Know what being prepared means and the effort and training to accomplish the goal/mission
Deploy Your Potential
Tips for a successful transition from military to civilian life include creating a support system and a daily routine.2
As an insurance agent, you generally set your own hours. Creating structure and sticking to a work routine may be hard for some people. However, those with military experience understand the importance of this type of structure and discipline.
Veterans understand putting in the hours and sacrifices required to achieve their goals. The benefits of discipline and tenacity can be extremely rewarding.
Lead the Way
Veterans understand the value of strong leadership. A career in insurance offers the opportunity to continue developing those skills. Leadership is a valued strength so it’s wise to look for insurance companies that promote and provide training for leadership skills.
While in the military and as a veteran, you understand service to others more than most. Entering the civilian world is an adjustment. Choosing a career where you can help protect families and their financial future could be seen as an extension of your former service. You can also help families by selling them the most appropriate insurance policy for them and answering any questions they may have about their policy.
How to Begin
Exploring begins with finding the right insurance company and becoming a licensed insurance agent:
-
Review different insurance companies. Then contact the one(s) that resonates with you. Be ready with your questions. Gather information about the company and the steps required to become a licensed insurance agent.
-
If you are given an interview, that is your opportunity to ask questions and explore if you and the company’s culture, commission structure, and provided training are a good fit.
-
To sell insurance you need a license. Some states require training or a certified pre-licensing education course before taking the insurance exam.
-
In addition to passing the insurance licensing exam, the state may require you to provide identity verification or fingerprints and may run a background check on you. After you have met all of the state's requirements, you can apply for a license.
-
When you receive your license, you are now ready to sell insurance products. If you are appointed by an insurance company, the company might offer you additional training to help prepare you for selling.
Sources:
-
Region-five.org, 5 Tips for a Smooth Transition Into Civilian Life, Accessed 2024
-
Lawforveterans.org, Employment Issues Facing Returning Veterans, Accessed 2024
Globe Life Staff
Globe Life articles are researched, written, and edited by multiple members of the Globe Life staff including Marketing, Content, Product, Legal, and Compliance Professionals.