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Nairaland Forum / Nairaland / General / Jobs/Vacancies / Do Insurance Companies Pay Salary Or It's Just Commission? (26783 Views)
A Clean Office Job Of 100k Salary Or An Unbefitting Business Of 400k? / Teaching Job Of 20k Salary Or Okada Hustle? / Why Insurance Companies Don't Pay Salary to Marketers? (2) (3) (4)
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Re: Do Insurance Companies Pay Salary Or It's Just Commission? by Mutaultope(m): 4:42pm On Jun 21, 2021 |
just talk to me and I will explain I work with MUTUAL BENEFITS ASSURANCE PLC V 1 Like |
Re: Do Insurance Companies Pay Salary Or It's Just Commission? by Temidaryour: 4:45pm On Jun 21, 2021 |
They pay for example I work with cornerstone insurance and they pay salary with commissions..it depends on the company tho.. Like AIICO.. theirs is strictly commission Chachalogo: |
Re: Do Insurance Companies Pay Salary Or It's Just Commission? by Chachalogo(m): 4:57pm On Jun 21, 2021 |
I'm speaking from experience. |
Re: Do Insurance Companies Pay Salary Or It's Just Commission? by Insuranceman(m): 5:55pm On Jun 21, 2021 |
pappy2000: JOB VACANCY CORNERSTONE INSURANCE PLC We are recruiting to fill the position below: Job Title: Insurance Sales Executive/Financial Planner We are looking for outgoing and dedicated insurance Sales Representatives who are interested in a rewarding career in insurance Sales for immediate employment. Location: Abuja Report To: The Unit Manager Employment Type: Full-time or Part-time Benefits: 1. Monthly Allowance 2. Commission on every business 3. Career growth opportunities/mentoring If interested, kindly forward your CV to kattamah@cornerstone.com.ng Best regards
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Re: Do Insurance Companies Pay Salary Or It's Just Commission? by Theoarhics: 6:16pm On Jun 21, 2021 |
shogz89: Nothing "a very small target" in insurance especially when getting the people to buy the insurance policy is very hard cos of the apathy Africans and Nigerians in particular have for insurance. Most times , u might not ever meet up the small target. |
Re: Do Insurance Companies Pay Salary Or It's Just Commission? by bash8936: 6:17pm On Jun 21, 2021 |
Emmandu: NEM pay 150k-213k for entry level permanent staff But 60k-150k for temporary staff. |
Re: Do Insurance Companies Pay Salary Or It's Just Commission? by Theoarhics: 6:19pm On Jun 21, 2021 |
BlueRayDick: Even the permanent executive marketers as u said also eared commission and allowance. It's just that as you grow u get more target and more allowances. |
Re: Do Insurance Companies Pay Salary Or It's Just Commission? by BlueRayDick: 6:32pm On Jun 21, 2021 |
Theoarhics: Sure, they do |
Re: Do Insurance Companies Pay Salary Or It's Just Commission? by girlFlavor(f): 6:33pm On Jun 21, 2021 |
Insuranceman: |
Re: Do Insurance Companies Pay Salary Or It's Just Commission? by Dynamicfort(m): 7:33pm On Jun 21, 2021 |
Re: Do Insurance Companies Pay Salary Or It's Just Commission? by ijayebonyi(f): 7:35pm On Jun 21, 2021 |
inoki247:Lol � |
Re: Do Insurance Companies Pay Salary Or It's Just Commission? by shogz89: 8:51pm On Jun 21, 2021 |
Theoarhics:I once worked as a finance staff in an insurance company for about 2 years, i was paid SALARY without any target and i also got profit sharing every 3 months based on the company's performance ,, same for my colleague in AIICO and Wapic. Only marketing staffs are given strict targets Oga. may be your company are giving you targets but most insurance don't give non marketing staffs strict target |
Re: Do Insurance Companies Pay Salary Or It's Just Commission? by Orpe7(m): 9:19pm On Jun 21, 2021 |
4teenblaq: Send your CV to Opeyemiok@tangerinelife.com They pay |
Re: Do Insurance Companies Pay Salary Or It's Just Commission? by Orpe7(m): 9:20pm On Jun 21, 2021 |
pappy2000: Send your Cv to Opeyemiok@tangerinelife.com |
Re: Do Insurance Companies Pay Salary Or It's Just Commission? by Theoarhics: 9:33pm On Jun 21, 2021 |
shogz89: I worked with AXA and first bank insurance as marketer |
Re: Do Insurance Companies Pay Salary Or It's Just Commission? by shogz89: 10:01pm On Jun 21, 2021 |
Theoarhics: As a marketer you should expect that much of your earnings will come from commissions.. The message we are trying to pass across is that not all employee in an insurance firm is paid through commission. Their are salary earners in insurance company depending on your job function. |
Re: Do Insurance Companies Pay Salary Or It's Just Commission? by 4teenblaq: 10:55pm On Jun 21, 2021 |
hardbody: Thanks a lot.. I really appreciate your effort in elaborating these things to me. |
Re: Do Insurance Companies Pay Salary Or It's Just Commission? by PlanktonX: 1:07am On Jun 22, 2021 |
inoki247: Baba gudumorning sir,abeg how much dem dey pay Kilient Serbis Ezecutife for here? |
Re: Do Insurance Companies Pay Salary Or It's Just Commission? by MikaelDare(m): 3:44am On Jun 22, 2021 |
It depends on the organisation and also department you work in. I once worked with one of the top Nigerian insurance company as a graduate intern. There are the marketers who get paid majorly commissions. Then there are the support staffs who are in other units like admin, HR, claims, receipt and payment, reinsurance etc. All these get paid salaries. And I heard from those recruited when they just came in that if you came in through their recruitment and passed through their academy, entry level pay was about #120k/#140k for support staffs. |
Re: Do Insurance Companies Pay Salary Or It's Just Commission? by oliva980: 10:47am On Jan 20, 2022 |
The Hartford offers a variety of policy types. The Business Owner's Policy provides coverage for property and liability claims. It also includes workers' compensation coverage, which pays compensation to employees in the event of an accident or injury at work. For more ideal details about general liability insurance, pop over to these guys. |
Re: Do Insurance Companies Pay Salary Or It's Just Commission? by akanbiaa(m): 8:32am On Aug 18, 2022 |
Theoarhics:What is your experience with FBN Insurance as contract marketer ? Is it advisable for someone whose family is far away and currently financially constrained to relocate for the sake of the job or manage where he is with family with little he gets from small paying jobs sufficient to at least feed family around ? |
Re: Do Insurance Companies Pay Salary Or It's Just Commission? by BlueRayDick: 8:39pm On Aug 18, 2022 |
akanbiaa: Please manage where u are for now. Relocating for an insurance marketing contract job is not advisable. U will be paid solely on what u make( except for little stipends which won't make any difference). It's actually difficult selling insurance to people in this right economy. |
Re: Do Insurance Companies Pay Salary Or It's Just Commission? by akanbiaa(m): 2:58pm On Aug 19, 2022 |
BlueRayDick:Thanks for the advice , so they just package contract marketing names under different fancy names like Bancassurance Associate. |
Re: Do Insurance Companies Pay Salary Or It's Just Commission? by BlueRayDick: 4:04am On Aug 22, 2022 |
akanbiaa: Yeah. 1 Like |
Re: Do Insurance Companies Pay Salary Or It's Just Commission? by Insuranceman(m): 8:46pm On Aug 25, 2022 |
VACANCY! VACANCY!! VACANCY!!! CORNERSTONE INSURANCE PLC We are recruiting to fill the position below: Job Title: Insurance Sales Executive/Financial Planner We are looking for job seekers, stay-at-home men & women and anyone who is interested in a rewarding career and making extra money in Insurance Sales for immediate engagement. Location : From any part of the world Employment Type : Full-time or Part-time Benefits : 1. Monthly Allowance 2. Commission on every business you bring 3. Career growth opportunities/mentoring If interested, kindly reach out via kattamah@cornerstone.com.ng or 08036048707 Kind regards
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Re: Do Insurance Companies Pay Salary Or It's Just Commission? by KingOfAKingdom: 9:14pm On Sep 28, 2022 |
Hello Boss... I saw in a post that you got into Custodian through Graduate trainee!!... How's the Organization? Are you still working there? BrizzyA: |
Re: Do Insurance Companies Pay Salary Or It's Just Commission? by BrizzyA(m): 3:29pm On Nov 06, 2022 |
KingOfAKingdom: Hey man It's a nice place to work, I'm no longer there. |
Re: Do Insurance Companies Pay Salary Or It's Just Commission? by KingOfAKingdom: 6:35pm On Nov 07, 2022 |
Thanks for the reply. But, Why are you no longer there?... Is there anything I need to know? BrizzyA: |
Re: Do Insurance Companies Pay Salary Or It's Just Commission? by BrizzyA(m): 6:49pm On Nov 08, 2022 |
KingOfAKingdom: Nah nothing, just changed companies. Tides of life |
Re: Do Insurance Companies Pay Salary Or It's Just Commission? by Ttipsy(f): 4:54pm On Jul 27, 2023 |
akanbiaa:really |
Re: Do Insurance Companies Pay Salary Or It's Just Commission? by sonofthunder: 6:25am On Jul 28, 2023 |
4teenblaq: I think they do both. If you have contacts/connections and/or you are good in sales/marketing, then I'll advise you go for it. Some of them make ridiculous money from their commission. |
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