i want to know if insurance is a worthwhile career to pursue in nigeria

To be frank, they don't pay well at all. The marketing executives collect very low base salary and commissions which makes life to be tough.

Very true. Insurance is not the way to go at all. Why don't you try asset management or banking?

I used to work in an Insurance company before I switched to Telecoms. Anyway I was in the IT department of one of the most promising Insurance companies.
Not all Insurance companies are bad, some of them pay reasonably well...not too much but not too bad. Though the reality is most of them don't pay well at all, but you could be lucky to get one of the few good ones.
If you are in marketing, you also have a good chance of making big money. In my former company, if you bring a business you are entitled to 10-20% commission. But when you don't bring a business, you will be in trouble. Other non-marketing staff also bring businesses and collect commission too. If you can tell me the name of the Insurance company, I can tell you if they are worth it because many of them are mushroom companies

Icon:

Very true. Insurance is not the way to go at all. Why don't you try asset management or banking?

bank job are tough now. We have only 25 banks left.

Hi nairalanders, I just saw an advert from African reinsurance. Pls, I would like to know what its like to work there and their salary structure. Thanks.

African Re Insurance is not a bad idea

Hi nairalanders,

I also saw an interesting job advert from Great Nigeria Insurance few months ago. Please i would like to get your advice on whether taking up a career with a big insurance company like GNI is a good idea?

Any advise will help. Thank you in anticipation.

Icon: Very true. Insurance is not the way to go at all. Why don't you try asset management or banking?

Do insurance is not so easy to successful, now of the dispute is too much, the insurance company on the introduction of the strategy is different also, or careful it.

Please do any one know about Union commercial insurance brokers at 23 Oshifila street,Anifowoshe, Ikeja Lagos. I dont know if they pay well too. please they invited me for interview tommorow

hayo:
I used to work in an Insurance company before I switched to Telecoms. Anyway I was in the IT department of one of the most promising Insurance companies.
Not all Insurance companies are bad, some of them pay reasonably well...not too much but not too bad. Though the reality is most of them don't pay well at all, but you could be lucky to get one of the few good ones.
If you are in marketing, you also have a good chance of making big money. In my former company, if you bring a business you are entitled to 10-20% commission. But when you don't bring a business, you will be in trouble. Other non-marketing staff also bring businesses and collect commission too. If you can tell me the name of the Insurance company, I can tell you if they are worth it because many of them are mushroom companies

So do you know about Union Commercial Insurance Brokers?Please tell me more about them

hayo:
I used to work in an Insurance company before I switched to Telecoms. Anyway I was in the IT department of one of the most promising Insurance companies.
Not all Insurance companies are bad, some of them pay reasonably well...not too much but not too bad. Though the reality is most of them don't pay well at all, but you could be lucky to get one of the few good ones.
If you are in marketing, you also have a good chance of making big money. In my former company, if you bring a business you are entitled to 10-20% commission. But when you don't bring a business, you will be in trouble. Other non-marketing staff also bring businesses and collect commission too. If you can tell me the name of the Insurance company, I can tell you if they are worth it because many of them are mushroom companies

Hello, please do you have an idea how much Customer Service Officers earn monthly at Old Mutual Assurance?

Please how much does Wapic and AIICO Insurance Company pay their marketers. I got with an Outsourcing company with the former. Please I look forward to your reply, thanks.

Jaynipher22:
Please how much does Wapic and AIICO Insurance Company pay their marketers. I got with an Outsourcing company with the former. Please I look forward to your reply, thanks.

Did you later honour Aiico interview? What is their salary like pls

hayo:
I used to work in an Insurance company before I switched to Telecoms. Anyway I was in the IT department of one of the most promising Insurance companies.
Not all Insurance companies are bad, some of them pay reasonably well...not too much but not too bad. Though the reality is most of them don't pay well at all, but you could be lucky to get one of the few good ones.
If you are in marketing, you also have a good chance of making big money. In my former company, if you bring a business you are entitled to 10-20% commission. But when you don't bring a business, you will be in trouble. Other non-marketing staff also bring businesses and collect commission too. If you can tell me the name of the Insurance company, I can tell you if they are worth it because many of them are mushroom companies

pls do u have idea about old mutual Nigeria financial services (its an insurance company)

People are still going to school to study insurance, I wonder what they are insuring in this wack Nigerian system.

Lol

Please send dragnet solution @venadaniel10@gmail.com

Please does Allianz pay well?

hayo:
I used to work in an Insurance company before I switched to Telecoms. Anyway I was in the IT department of one of the most promising Insurance companies.
Not all Insurance companies are bad, some of them pay reasonably well...not too much but not too bad. Though the reality is most of them don't pay well at all, but you could be lucky to get one of the few good ones.
If you are in marketing, you also have a good chance of making big money. In my former company, if you bring a business you are entitled to 10-20% commission. But when you don't bring a business, you will be in trouble. Other non-marketing staff also bring businesses and collect commission too. If you can tell me the name of the Insurance company, I can tell you if they are worth it because many of them are mushroom companies

Insurance companies aren’t trying in Nigeria with their pay at all.

Insurance Company Jobs in Nigeria

https://www.jobsinnigeria.ng/insurance-jobs/

Of course. Insurance companies pay their staff very well. Although, your qualification, job position among other factors will determine how much you would get paid in an insurance company. Recently, I found this article about insurance company salary in Nigeria. I really think it would be helpful if you really want to know how much insurance companies pay their workers. https://www.nigeriaboom.com/2020/10/insurance-company-salary-in-nigeria.html

In Nigeria, they don't. Outside Nigeria, they do. If you have work experience and go abroad for Msc, you'll definitely get a good paying job over there.

Larryhillz28:
Please does Allianz pay well?

Hello Larryhillz.

Please, I will like to ask you some questions.

Kindly check your email.

Thank you

Pls does Allianz insurance pay Retail sales Executive well?
Pls who can help me with their salary scale