what are some questions to ask a life insurance company in an interview?
filed in finance on Jan.31, 2010
What are some questions to ask a life insurance company in an interview?
A life insurance company is offering me an opportunity to run their company as a manager, although i do not have any experience in management, they were very impressed with my resume! what are some interesting questions i can ask them that would make me sound "smart and interested" so to speak?
January 31st, 2010 on 9:23 pm
Best Answer – Chosen by Voters Sorry to break it to you, but your impressive resume did not win you this offer; nor will your bubbly personality or witty responses during your interview.Insurance companies don't hesitate to offer contracts (and you are a contractor; not an employee) to anyone who meets their minimum criteria and shows even a remote potential for success. It is a numbers game, and what they shell out for recruiting and career financing is well worth the two to three percent of recruits who make it beyond the first two years.Okay; all the gloom aside, here's the answer to your question: Make sure that they are not a "captive" shop. That is, make certain that you are able to offer many products and represent any number of companies in the marketplace. You owe it to your client to be able to offer only the solution which best fits the need. Next, ensure their commitment to agent support; including adequate stipend, training, and administrative staff. If you have even the slightest doubt about their commitment to the success of both you and your clients, head to the nearest exit immediately. Somewhere in your town there exists the right place. Ending up at the wrong one will leave you bankrupt, both financially and morally. Source(s): Financial planner, agency co-owner.rob@safemoneyconcept.com
January 31st, 2010 on 9:23 pm
1) Research the company as thoroughly as possible & ask questions about recent events (mergers, in the news, etc.)2) Ask about their culture & environment3) Confirm their expectations of the manager's role4) Be ready for a behavioral interviewWhy have others failed in this position?What do you see as the toughest challenge of this position?The company’s long-range goals?What would you say makes your product/service stand out among the competition? What do you see as the future trends for the industry?What would you say is the best thing about working for this company?How would you describe your ideal candidate?, and follow-up with Have I been able to demonstrate that I will meet and exceed your expectations?What's the company's biggest challenge? How is it planning to meet that challenge? Source(s): I'm a hiring manager at an insurance company.