For those who are enterprising and love to help others, a career in insurance might be for you. Keep scrolling for the details and workshops you need to know about!
If you’re looking for a career change or are just curious about the financial services industry, we’ve got the details you need to know. The key to start your journey is to be prepared for any challenges ahead! Be sure to read through this article to see if the financial services industry could be the right fit.
Do you have the traits to succeed?
Successful people are made, not born. You’d need to be a people person to get your foot in the door. Communication is key as it’s all about speaking to people, understanding their needs and offering them relevant insurance policies.
You are expected to be diligent to rise up the ranks and make a living as a successful financial advisor. It is also essential to network with fellow advisors to learn from their successful strategies, while being receptive to feedback from seniors and mentors.
A financial advisor needs to be self-motivated as there is freedom to choose your own working hours. Don’t be afraid to fail! Positive thinking will keep you going when things get challenging. It’s also important to be adaptable while communicating with potential clients.
Misconceptions about a financial services career
There are many stereotypes about financial advisors, and the experts from Win Advisors are here to debunk the myths surrounding this role. One of the misconceptions? The idea that financial advisors can easily earn a lot of money. In truth, it is hard work that determines their remuneration, and they also have to deal with a lot of rejections too!
Another misconception is that the career path lacks progression. Being a financial advisor can lead to a managerial role, leading a team of other financial advisors. There are also many self-development opportunities like leadership skills and customer service, and these continuous training will help enhance your professional skills.
It’s also not true that financial advisors are just product pushers. They are trained to do a structured fact find and analysis so as to tailor plans to individual needs. Having the right medical policies is important in the event of accidents and sickness where you will need the cash to cover your treatment expenses. They can also advise on investments, retirement and legacy planning.
Perks and rewards of the career
Financial services consultants get a whole range of benefits. You’ll enjoy flexible working hours, which means you can independently choose when and where you want to work. While you’re at it, you can travel abroad whenever you want without having to apply for leave.
You’ll also have more control over your pay as it’s dependent on how many deals you close – your hard work will pay off in the form of commissions and this will build your passive income for the years to come! And if you love meeting and interacting with people, this is the perfect job!
You’ll be networking like a boss to establish relationships with people from all walks of life and help them to build up financial protection against unforeseen circumstances, making an impact in their lives. It’s also an exciting career if you love the feeling of satisfaction that comes from setting and achieving new goals each year!
Are you an enterprising soul that wants to find out more about the financial services industry? Enrol in a series of virtual workshops by Win Advisors for an inside look at the industry and how it adds value to people’s lives. The following workshops are happening live: Understanding Investments from 7 to 8 December 2022 (9.30am to 5.00pm), Financial Planning Concepts from 13 to 14 December 2022 (9.30am to 5.00pm) and Mastering The Art of Influence from 15 to 16 December (9.30am to 5.00pm). Visit Win Advisors for more information.
If you have missed any of the workshops and still wish to enrol in any of them, you can sign up and access all the workshops’ videos! Click here to sign up.
This post is in partnership with Win Advisors.