Life as an independent insurance agent just starting out can be full of unknowns. This may be the first time you start a business, act as your own boss and set up your schedule. You deal with licensing, contracts, marketing, sales presentations, and more. There is a lot to learn when it comes to running a successful Medicare insurance sales agency, and having a network of experienced Medicare sales insurance agents can make the difference in your peace of mind and success past year one.
Why do I need a mentor for Medicare insurance sales?
Mentors in any field can help boost the career prospects and skills of a more junior worker. In Medicare insurance sales, both captive and independent insurance agents could use mentors.
Captive insurance agents are those who are employed by an insurance company to sell only their products. These agents have the advantage of earning a salary, plus commission and benefits, and their businesses also benefit from the company’s direct-to-consumer marketing, which does a lot of their work for them in terms of finding qualified leads.
Independent insurance agents go through the same licensing training and exam as captive agents, but they instead choose to contract with multiple insurance companies and offer a majority of the available insurance products in their region. These insurance agents do not have the luxury of a reliable salary, but they also have the ability to sell a wider variety of Medicare plans, which increases the chances that they will have a solution that fits their client’s needs.
Medicare sales mentors can be extremely helpful to any licensed insurance agent in that field, provided they are ready and willing to help the mentee assess their skills and the state of their business.
What can a Medicare sales mentor help me with?
Established Medicare sales insurance agents will have experience putting together a marketing plan and building a book of business. If you are lucky, you might find a mentor in your region who can offer insight into the Medicare market in your area.
How do I find mentorship in the world of Medicare insurance sales?
To join a network of licensed Medicare sales agents, speak with the team at Magellan Healthcare Partners today. It’s growing assembly of independent insurance agents provides the mentorship connections to help you learn from the mistakes of others and further the success of your business. Learn more about this and the resources available to agents when you Contact Us.
