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Commissions are better, no question. Billyard Insurance just got a new chief operating officer, Cody Douma, and will be more tech-driven. I feel like firms will suffer for not incorporating tech in operations.
How much one can make in commission in first year at a brokerage? Any idea
Were you offered these choices? Which one are you choosing? I'd work on commission.
Yes I’m working at Intact- started in Feb though. However I discovered working at brokerage will get you more money. At intact, we just have to answer calls we receive so there is not much of aspect of selling insurance per say.
And in future if I have to go to brokerage I’ll anyway have to start from scratch so might as well start now. But just wanted to get an insight. Any idea how much one can make in commission at a brokerage in their first year?
Working as a sales associate at a larger company like Intact can offer more stability and the potential for more structured career growth. However, you may have less flexibility in your work schedule and potentially a lower commission structure, which can impact your earning potential.
Well my last job was working as business consultant earning 65K at EY and was fired for no cause in October 2022 so tbh, I don’t think it matters anymore.
Had to take a pay cut for 20K and now working at intact but I feel if I can get more money by commission then why not. But I wanted to get an insight of selling insurance. I am good at communication with people but have never been in sales career tbh.