Les Schlais: Careers in the Insurance Industry
Les Schlais has worked in the insurance industry for over twenty years, which encompasses his most of his career. He began in the industry as a life insurance agent for Farmers Insurance Group, and has worked his way up through several different positions. He is now the co-founder and co-CEO of Syncis, which is an independent marketing organization that works with insurance companies (specifically life insurance companies) to distribute and market their products. There are many different types of careers in the insurance industry, ranging from entry-level positions to highpowered executive jobs. -
When many people think of insurance careers, they think of an insurance agent. Agents focus on the sales aspect of the business, and most of their job is spent selling insurance policies. This career path is one of the easiest in the industry to break into, especially for those who enjoy being outgoing and friendly at work.
-
Another common position in insurance is that of a claims representative. These individuals work with policy holders when they need to make a claim on their insurance, for example, if their home or vehicle has been damaged. Claims representatives answer questions about the policy and help customers determine what is and is not covered under their policy. Adjusters also work in conjunction with claims representatives. Adjusters help to determine the monetary cost of the claim and assess whether or not it is covered under the policy.
-
Those with skills in math, specifically statistics, may consider a career as an actuary. Actuaries determine how much insurance companies should charge for their policies. This job requires a relevant college degree as well as an actuary certification, which can only be obtained by taking an exam.
-
Underwriters are another important component of the insurance industry. Underwriters review applications and determine whether or not to grant policies to applicants based on a variety of factors. Underwriters may also work with actuaries to set prices for insurance policies.
-
Insurance professionals may also consider joining an independent marketing organization, such as Les Schlais’ Syncis. These organizations work with many different insurance companies to help them sell their products, and are crucial to the success of many large insurance companies.