Risk Management

Download Careers in Insurance and Risk Management by WetFeet PDF

By WetFeet

Coverage will not be the glitziest round, however it abounds in task percentages. if you'd like in at the undefined, you wish this consultant.

In it, you are going to learn:

* the place possibilities are and the way to utilize them
* developments within the industry
* What coverage staff do and the way the texture approximately it
* tips to release your career
* and extra!

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Additional resources for Careers in Insurance and Risk Management

Sample text

Its real moneymaker, though, is CNA Financial, a commercial propertycasualty carrier that brings in more than half of Loews’ revenues. CNA Financial used to provide life and reinsurance coverage, but Loews put both units up for sale in 2000 when a spate of tobacco lawsuits involving Lorillard, its cigarette-manufacturing subsidiary, tagged the company with severe losses. ) Affiliates such as The Continental Insurance Company and Continental Assurance still allow CNA Financial to offer life and group insurance.

In addition, compensation varies on the basis of the type of job you do. For instance, actuaries start at a higher salary than claims representatives and agents—but keep in mind that agents are typically paid on commission. Their annual salaries will fluctuate depending on performance. In addition to base salaries, many firms offer bonuses or salary increases on the basis of exams passed and certifications received. Bonuses tend to be small (less than 10 percent of total salary), but many insurance companies are expanding their incentive plans.

Lee during the Civil War, The Hartford (yes, they like to retain the “The”) can also claim another famous name: Poet Wallace Stevens, widely acknowledged as one of the most important American poets of the 20th century, may be the company’s most famous retiree. Today the firm is focusing on just that demographic: A partnership with the AARP gives The Hartford the exclusive right to provide auto and homeowner policies to the organization’s members, allowing the company enviable access to the aging—and lucrative—Baby Boomer generation.

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