Do Insurance Companies Pay Well?

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Date: November 23, 2009, 02:09 AM
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Author Topic: Do Insurance Companies Pay Well?  (Read 1052 views)
akt
Do Insurance Companies Pay Well?
« on: January 30, 2006, 02:42 PM »

 i want to know if insurance is a worthwhile career to pursue in nigeria
dejiolowe (m)
Re: Do Insurance Companies Pay Well?
« #1 on: January 31, 2006, 06:56 PM »

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.
Icon (m)
Re: Do Insurance Companies Pay Well?
« #2 on: February 01, 2006, 10:37 PM »

Very true. Insurance is not the way to go at all. Why don't you try asset management or banking?
hayo (m)
Re: Do Insurance Companies Pay Well?
« #3 on: February 02, 2006, 05:47 PM »

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 Smiley
dejiolowe (m)
Re: Do Insurance Companies Pay Well?
« #4 on: February 03, 2006, 07:40 AM »

Quote from: Icon on February 01, 2006, 10:37 PM
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.
Eggyloo
Re: Do Insurance Companies Pay Well?
« #5 on: August 20, 2009, 11:22 PM »

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. 
YOKIP (m)
Re: Do Insurance Companies Pay Well?
« #6 on: August 24, 2009, 03:33 PM »

African Re Insurance is not a bad idea
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