Insurance adviser, other salary

Working as an Insurance Advisor

Being an Insurance Advisor involves providing advice and selling insurance policies to individuals and businesses. The role requires a good understanding of various types of insurances and the ability to tailor recommendations to the customers' needs. The work can range from helping customers understand the terms of their current policies to advising on new insurance options they should consider.

Salary for an Insurance Advisor, miscellaneous

As an Insurance Advisor, miscellaneous, one can expect an average salary of 49 500 SEK per month. This is an increase from the previous 47 400 SEK. However, there is a significant gender gap in this profession; men earn an average of 54 000 SEK while women earn 45 000 SEK, meaning that women earn approximately 83% of what men do.

Hourly Wage and Highest/Lowest Salaries

For those working on an hourly basis, the average wage is 298 SEK per hour, based on 166 working hours per month. The highest recorded salary for a male Insurance Advisor, miscellaneous, is 64600 SEK, belonging to a privately employed executive with a post-secondary education of three years or more. For women, the highest salary is 54200 SEK. The lowest salary for women in the profession is 40700 SEK, while the lowest for men is 46300 SEK.

Education and Requirements

To become an Insurance Advisor, a high school education is usually required, but many employers prefer candidates with post-secondary education in economics, law, or related fields. Some employers also offer paid training to help new employees obtain the necessary certification and knowledge.

Working Conditions and Benefits

Working conditions for Insurance Advisors can vary depending on the employer. It is common to have the option of hybrid work, where one can work both from the office and remotely. Other benefits may include a company-paid mobile phone and subsidized further education, which can be a valuable addition for many employees.

Future Outlook and Challenges

Insurance Advisors fall under the category of "Insurance Sales Agents and Insurance Advisors," which belongs to the field of administration, economics, and law according to the SSYK code. The Swedish Public Employment Service has not made a specific assessment of job opportunities for this profession due to limited data. However, it can be challenging to strike a balance between meeting sales targets and providing excellent customer service.

Recruitment Situation

There are no specific forecasts regarding the recruitment situation for Insurance Advisors, miscellaneous. However, strong communication skills and the ability to build relationships are known to be essential for success in this role. Experience in sales or customer service can also be a significant advantage.

Considerations for Aspiring Insurance Advisors

For those considering a career as an Insurance Advisor, it is important to be prepared for a role that requires both analytical and communication skills. One should be interested in constantly updating their knowledge of insurance products and regulations, as these are constantly evolving. Additionally, being self-motivated and results-driven is advantageous for thriving and succeeding in the profession.

Summary

Insurance Advisor, miscellaneous is a profession that offers a good salary and opportunities for advancement in the insurance industry. With the right education and skills, one can build a successful career, but it is also important to be aware of the challenges that come with the role. With the right attitude and preparation, Insurance Advisors can thrive and succeed in this dynamic and customer-focused profession.