The past decade has been challenging for new college graduates and those looking to change careers. You may know from your own experience that finding a good job without much work experience can be difficult. Forbes reported in December 2016 that the millennial unemployment rate was 12.8 percent, as compared to a national average of less than five percent. But one job that offers outstanding rewards – and doesn’t require a lot of prior work experience – is health insurance sales.
Being a health insurance broker offers you some valuable perks: 1) you get to work independently and set your own schedule; 2) you are able to help others find the right health insurance plan to match their individual or family needs; and 3) you have the ability to make a really good income. (Click here to use our Salary Calculator to find out just what you can earn.)
Of course, if you want to become a health insurance broker, you are required to first earn a license. In California and Nevada, before you take your license exam, you need to do some required pre-license training. (Click here for a related article on pre-exam training and preparation.)
WE’LL PAY YOU BACK!
If you choose to become a broker with Word & Brown, because we believe so much in our future partnership, we’ll reimburse you – up to $500 – when you follow these steps.
- Study and complete your pre-license training and exam
- Take and pass your state-required license exam
- Partner with Word & Brown as your General Agent
- Prospect for new business and write your first small business Major Medical policy with us
- Earn reimbursement for your licensing costs through our scholarship program
MORE WAYS WE HELP YOU
In addition to helping you earn reimbursement on your licensing costs, we also make it easier to get started because we pair you with a Word & Brown mentor – who will help you learn the ins and outs of the health insurance business.
Your ongoing partnership with us you means you have access to people, products, tools, technology, and training to help you succeed in your new career:
UNMATCHED SALES SUPPORT
We’re here for you – whenever and however you need us. Our dedicated team of insurance professionals offers you support in-person, online, and on the phone. We are committed to making your life easier as a new broker. If you have questions about products, underwriting, sales, enrollment, medical providers, claims, billing, or anything else, we’re standing by to assist you.
CUSTOM PROPOSALS AND RESEARCH FOR YOUR CLIENTS
We offer customized presentation-ready proposals for your client meetings – plus tailored reports for your clients on what providers are included and what prescription drugs are covered by each of the health plans they are considering. We’ll help ensure they get access to the doctors and medications they want when selecting their new coverage.
We’re ready – whenever you need us – to assist with your client presentations and enrollment meetings. We even have multilingual presenters and enrollers available to assist you.
UNLIMITED QUOTE ASSISTANCE
We developed the industry’s first multi-carrier quoting system for small business brokers in the 1980s. Today, we offer the industry’s only guaranteed accurate quote. It includes side-by-side plan comparisons and highlighted plan differences, so it’s easy for you to zero in on details like co-pays, prescription drug benefits, or other features especially important to your clients and their employees.
You can get a quote on your own, or we’ll do it for you. It’s your choice. We’re here to assist you whenever you want help – every time or just occasionally.
With Word & Brown as your partner, you’re sure to find just what your customers are looking for. Our carrier roster and product portfolio include top insurers, products, and services to address virtually any client need. You can write coverage for Small Groups (employers with 1-100 employees), Large Groups (clients with 100+ employees), or Individual & Family Plan (IFP) products.
TOOLS TO HELP YOU SELL MORE
You’ll appreciate everything we do to help you speed up your enrollments and enhance your customer relations. That includes great technology like EaseCentral’s online enrollment and HR tools for your clients plus Word & Brown’s own WBMedID mobile app, which offers clients and their employees access to their Medical ID Card information on their smartphones.
We also offer you round-the-clock access to the most-up-to-date insurance carrier forms, sales and marketing collateral, and exclusive Word & Brown tools and resources. And it’s all available online, 24/7, whenever you need it.
ONGOING EDUCATION AND INDUSTRY NEWS
Stay informed on our ever-changing industry with in-person Word & Brown events and online education – all at no cost. Many of our events and courses offer Continuing Education (CE) Credits, which you’ll need to maintain your license. As a Word & Brown broker, you’ll also have access to our on-demand webinars and podcasts – plus email updates and posts to our broker Newsroom. You can also follow us on social media and subscribe to our J&R Report for health care and health reform updates.
HELP FINDING NEW BUSINESS AND STAYING COMPLIANT
We’ll help you find new business and keep the business you write. We deliver the valuable tools and resources you need to better serve your clients – plus a dedicated team to provide answers to clients’ questions on compliance and employer reporting or your questions on business development, retention, and much more.
There’s a lot to figure out when you’re first getting started. It doesn’t have to be a challenge, when you partner with us. As your broker concierge, Word & Brown is committed to your success – in the short- and long-term. That’s why we created the new broker scholarship and mentor program.
Let’s join forces. Visit our new broker web page: wordandbrown.com/future-broker, or contact the Word & Brown regional office nearest to you.
Health Insurance Broker
2020 Salary Guide
For a sneak peek at what you can expect to earn as an insurance agent, get a copy of our “Insurance Broker Salary Guide.”