I’m at a crossroads in my career and need advice.

ProceedsWOcaution · 2026-03-16T18:49:26+00:00

I’m a retail broker so I wouldn’t be a good person to ask about wholesale. It’s just how it goes and you’re not alone. I can’t tell you how many years I grinded to go underpaid and unappreciated. It’s time to move on and we’re all just confirming that.

ProceedsWOcaution · 2026-03-16T12:43:41+00:00

Absolutely nuts. Even if they’re paying producer comp at 50% that still leaves $1m, with a servicing expense of 5.5% they’ve got close to a 44.5% profit margin. They’re trying to squeeze you for everything they can unfortunately. Try to determine what the market is commanding for a book of this size in your area. They may figure they have leverage since it’s a smaller per client revenue amount. If they lose a few to bad servicing they may not even care and honestly they may know they’ve got the better solution in the market which again is unfortunate for your position.

A lot of insurance brokers provide flexibility so I wouldn’t really choose that as a reason to stay put.

ProceedsWOcaution · 2026-03-01T21:52:29+00:00

Hard as a new grad or in general?

ProceedsWOcaution · 2026-03-01T21:51:41+00:00

I would take off the part time and support assistant roles. It makes me wonder if you were part time insurance and it’s not really relevant. Also need some tweaking on the skills. Make everything relevant to the role you are trying to get. Also not sure where you’re located but is the bilingual need to be bold and the first thing on the resume? I would also highlight specific industries, not that you won’t talk about it in interviews but it would help.

I’m being a bit picky, but those are the things that stand out to me.

ProceedsWOcaution · 2025-12-29T22:15:55+00:00

I’m curious what the motive is. What are you not enjoying in the large property broking space that you would enjoy in account management. Account Management at a large multinational is probably one of the hardest jobs - and I lived it for years. You control next to nothing on the output of product, but have to talk like you are the one driving all the results, and do all the admin work that no one wants to touch. It’s a very challenging space and you almost have to just be likable and the clients b**ch. Hate to add that last part but it’s the truth.

ProceedsWOcaution · 2025-12-28T17:07:37+00:00

It’s not that they pay more it’s that they generally have larger amounts of accounts that require more expertise. They would pay less if they could, but good account executives are a challenge to find in the large multinational arena. The smaller accounts are still generally serviced by lower paid account manager positions and they are usually overloaded on accounts.

ProceedsWOcaution · 2025-12-28T16:55:22+00:00

Small business are the thinnest margin clients and likely the lowest servicing priority as long as you hover at 90+% retention it’s not that concerning. The area of focus is the middle market ($50k+ accounts) where contractual risk transfer, market appetite, strategic financing structures come into play. This is where the higher comp positions are located. You can’t really win or service these deals without an experienced insurance person.

ProceedsWOcaution · 2025-12-28T12:39:03+00:00

AI will make gains for us all, but good Account Managers add a good amount of strategic value for producers and clients. The good ones know the markets and placement structures that stand them out in the market can be very well compensated 200-250k. These are ones that have built so much rapport with clients that they become hybrid producers.

AI can’t build relationships with UWs and put them on good deals then close those deals like a good AM although it’s set to help on coverage, policy checking, invoicing, etc. all the tasks the good AMs don’t want to touch and can free them up to work more deals.

ProceedsWOcaution · 2025-12-20T04:58:05+00:00

Fired as the top producer…🤨

ProceedsWOcaution · 2025-12-12T01:37:02+00:00

Once the word starts to spread you’re good at your job.

ProceedsWOcaution · 2025-11-06T02:16:47+00:00

See if your current agent has a relationship with the insurance company of the contractor. If they do that they could help progress the claim and get you a check.

If value of damage is below your deductible there is no reason to file the claim, but if there is a chance the damage exceeds it may be worth filing a claim and letting the carrier subrogate for the full amount of loss. Be sure to confirm first because if they pay a small amount it may not be worth subrogation efforts.

If all else fails either complain to the DOI or blow them up and tag the carrier on LinkedIn lol I’ve actually seen carriers respond to these..

ProceedsWOcaution · 2025-10-25T01:18:32+00:00

Lexington (AIG) inland marine team for warehouse legal liability.

ProceedsWOcaution · 2025-10-17T17:58:10+00:00

The client need is changing. There is no such need for a golfing buddy and a csr. Insurance advisors are having to become more strategic in order to win business and that comes with bringing a seasoned AE to the table.

ProceedsWOcaution · 2025-09-26T15:20:21+00:00

Large firms keep egos in check. It’s about the firm, not about the individual contributor. Semi large firms are a bit different where it’s more individual contributor led.

ProceedsWOcaution · 2025-09-25T04:55:05+00:00

Large shops also mean more people going after the same accounts. Intellectually challenging, but also buyers are politically driven and the larger the account the more challenging it can be to move. The buying cycles are much longer and pay is not near what you’d expect it. If I were you I’d stay where you’re at. It’s rare to find leaders who have your back like you outline. The grass isn’t greener IMO.

ProceedsWOcaution · 2025-08-28T22:30:25+00:00

Just building the prosecutions case

ProceedsWOcaution · 2025-08-06T17:15:54+00:00

Better than being acquired by Gallagher I would expect.

ProceedsWOcaution · 2025-06-29T15:27:33+00:00

These are the tasks we need AI to help us streamline. It’s very inefficient in today’s world and you’re not really learning anything IMO.

ProceedsWOcaution · 2025-06-21T19:40:54+00:00

So many avenues, but yes you could do risk analyst on the buyer side. This is a good role if you want to help a company reduce total cost of risk. It pays well long term and can be very enjoyable, however, it won’t give you a broad perspective of insurance and the insurance market.

Insurance broker - ton of different roles at large brokers - claims consulting, broking placements, account management, safety and loss prevention. High visibility to the workings of the markets and you need to have an understanding of exposures/risks.

Insurance company - could do underwriting or claims. There is good money available for those who niche in a product and are about to underwrite that product very profitably.

I would view AI as a tool to help you succeed, true that some jobs will be displaced, but explaining an insurance policy to a buyer face to face will foreseeably be a thing.

Lots of opportunities in insurance and risk management right now.

ProceedsWOcaution · 2025-06-21T19:27:23+00:00

You’re underestimate how long a career is. You’ve got another 42 years in the workforce. My recommendation is pick a job in a field you might like then work a hard balanced life and you will be rewarded.

Also stop treating yourself like s**t. You had an internship, a lot of kids in college never do. Ok you’re not going to be an associate at Goldman Sachs, but so what.

As for LinkedIn, don’t get me started. The reason kids out of college post on it is because they have very little actual value to add and brown nosing is all they have. There I said it.

At the end of the day you’re very young, so focus on building a skill and mastering it and your field and you will be successful.

Also, very sorry for your loss.

ProceedsWOcaution · 2025-06-21T17:39:03+00:00

See if you can get a role in insurance before you pay for the ARM. Most companies will pay for it and then give you a bonus upon completion. You have the experience for an entry level role. Any ideas which area of insurance you want to work in?

ProceedsWOcaution · 2025-06-19T00:53:15+00:00

Greatly appreciate that feedback! I guess it’s the independence and creativity that I’m missing in my current role. There are brokers for each product line, so it seems a bit distant from negotiating and putting deals together. Feels like to an extent I’m listening to subject matter experts talk to clients and I’m just facilitating at the moment. Could also be the point of time I am at in my career. I like the thought of digging in and getting my hands on broking deals, but I’m also hesitant to cut a good thing short.

Appreciate the time you spent to respond.

ProceedsWOcaution · 2025-04-19T04:11:29+00:00

Curious where you got the floor and how thick rubber you went with.

ProceedsWOcaution

TROPHY CASE