I applied for a claim rep position in Texas. Just received my BS degree in accounting. Any recommendations?
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Run!
Don’t know why anyone would want to get into insurance today. As an underwriter that job will be gone within five years. Claims is a beat down mentally and dealing with upset people all day long. Anyone in a general department with skills should be able to get on within a company elsewhere in today’s low unemployment. From the agency side , all power has been neutered and is not the glitz andglamour. Sf is one of the lowest commission rates payable out there.ALL and NW are offering substantially more, and offering Indy. It’s why you’re seeing an exodus of successful agents by sf standards. I am talking Chmn Circle agts bolting. Agents have become branch managers without having to punch a time clock.
With the changes implemented and shift in culture, the tipping point has been breached. The company is destined to leave its leadership perch, save for a rallying effort for the Salesforce. Most wait on the sidelines and are noncommittal because a historic marketing spend (ie, throwing money at it ) will not achieve desired effect due to systemic issues in many fronts.
Run away very fast!
Accounting? Accounting firm would be a good move. Claims not so much.
MBS. They've mastered BS.
What a coincidence. Our executives also have a degree in BS.
You got a degree in accounting? Go be an accountant for someone instead of a cubicle farm claim rep.
if you are interested in a claims job, look at sites like glass door to see what other people think. Also, check out other companies. Where does the Farm fall in the job reviews when compared to other companies? If you take a job here, do so with your eyes wide open...
Take the job. Several managers are telling us about the new perks in the benefits package in 2020. 2020 will be a great year for employees. More PTO, increased 401k match, etc.
Take the job ......keep the options open
I retired as a claim rep after 33 years. Loved the job and the company until it changed. As of right now, I would say it's a roll of the dice because it isn't what I once knew. Hope that helps.
If you have desbt, and need the income then take the job. Pay off your debt, save your money, keep your options open while gaining experience. Make sure your finances are tight so the golden handcuffs won't get you stucked should you hate the job.
If you don't have debt, and don't need the money then I would explore other options. Claims in general with any company is very stressful, no longer a stable career without shake ups. I remembered hearing nobody grew up wanting to be a claim rep, many ended up here cause the money is decent, eventually feel stuck because they got themselves on a financial treadmill which they couldn't get off.
Give it a try, spend two years here, you will learn a lot.
In about two years things will start go get on your nerves, it'd be good time to reevaluate your job with the Farm.
I did the same thing. I am still here, 15 years later. Every 6 months I ask myself a question, why am I here and are things working out for me.
For many people the answer is a no, for me, it keeps being a yes. Each career path is different and you are about to start pursuing your own.
Good luck.
Don’t waste your time at SF. Especially in claims.