Will “Account Representative” be Replaced By Robots? 🤔
92% Chance of Automation
“Account Representative” will probably be replaced by robots.
This job is ranked #565 out of #702. A higher ranking (i.e., a lower number) means the job is less likely to be replaced.
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Job Description
Sell life, property, casualty, health, automotive, or other types of insurance. May refer clients to independent brokers, work as an independent broker, or be employed by an insurance company.
Job Details
- The SOC (Standard Occupational Classification) code is 41-3021.00
- The Mean Annual Wage in the U.S. is $ 67,760.00
- The Mean Hourly Wage is $ 32.00
- Currently, there are 385,700 people on this job
☝️ Information based on the reference occupation “Insurance Sales Agents”.
Also Known As…
- Insurance Sales Agents
- Underwriting Sales Representative
- Sales Representative
- Sales Agent
- Producer
- Insurance Sales Agent
- Insurance Broker
- Insurance Agent
- Agent
- Account Manager
- Account Executive
- Surety Bond Agent
- Strategic Account Executive
- Solicitor
- Service Representative
- Selling Underwriter
- Sales Specialist
- Sales Special Agent
- Sales Associate
- Representative
- Policy Writer, Sales
- Placer
- Pension Agent
- Outside Sales Representative
- Organizer
- Network Contractor
- Life Insurance Salesperson
- Life Insurance Agent
- Licensed Insurance Sales Agent
- Insurance Underwriter, Sales
- Insurance Special Agent
- Insurance Solicitor
- Insurance Salesperson
- Insurance Salesman
- Insurance Representative
- Inside Sales Representative
- Home Office Representative
- Health Insurance Specialist
- Health Insurance Sales Agent
- Group Leader
- Group Insurance Specialist
- Group Insurance Special Agent
- Financial Representative
- Field Service Representative
- Field Representative
- Field Marketing Representative
- Estate Planner
- Enrollment Specialist
- District Sales Coordinator
- District Agent
- Debit Agent
- Customer Service Representative (CSR)
- Contact Worker
- Contact Person
- Compensation Agent
- Commercial Lines Insurance Agent
- Business Account Leader
- Burial Agent
- Broker
- Bond Writer
- Accounts Executive
- Account Specialist
- Account Leader
Tasks for “Account Representative”
- Monitor insurance claims to ensure they are settled equitably for both the client and the insurer.
- Interview prospective clients to obtain data about their financial resources and needs, the physical condition of the person or property to be insured, and to discuss any existing coverage.
- Contact underwriter and submit forms to obtain binder coverage.
- Inspect property, examining its general condition, type of construction, age, and other characteristics, to decide if it is a good insurance risk.
- Ensure that policy requirements are fulfilled, including any necessary medical examinations and the completion of appropriate forms.
- Select company that offers type of coverage requested by client to underwrite policy.
- Develop marketing strategies to compete with other individuals or companies who sell insurance.
- Confer with clients to obtain and provide information when claims are made on a policy.
- Call on policyholders to deliver and explain policy, to analyze insurance program and suggest additions or changes, or to change beneficiaries.
- Seek out new clients and develop clientele by networking to find new customers and generate lists of prospective clients.
- Explain necessary bookkeeping requirements for customer to implement and provide group insurance program.
- Perform administrative tasks, such as maintaining records and handling policy renewals.
- Sell various types of insurance policies to businesses and individuals on behalf of insurance companies, including automobile, fire, life, property, medical and dental insurance, or specialized policies, such as marine, farm/crop, and medical malpractice.
- Calculate premiums and establish payment method.
- Attend meetings, seminars, and programs to learn about new products and services, learn new skills, and receive technical assistance in developing new accounts.
- Install bookkeeping systems and resolve system problems.
- Customize insurance programs to suit individual customers, often covering a variety of risks.
- Explain features, advantages, and disadvantages of various policies to promote sale of insurance plans.
- Plan and oversee incorporation of insurance program into bookkeeping system of company.
Related Technology & Tools
- Desktop computers
- Pen-based computers
- Laser printers
- Notebook computers
- Postage meters
- Laser facsimile machines
- Digital cameras
- Personal computers
- Laptop computers
- MI-Assistant MI Management System
- Skywire Software Policyware
- Microsoft Word
- Insurance Systems WebWriter BackOffice
- North American Software Associates Eclipse
- AMS Services AMS Sagitta
- Microsoft Excel
- Agency Software AgencyPro
- Benefits Technology Group SalesLogix
- Spreadsheet software
- InStar Orion
- G2X Agility:Insurance
- Insurance Technologies Corporation InsurancePro
- Allstar Software Systems Kofax
- Microsoft PowerPoint
- DORIS FILESERVERonline
- Insurance analysis software
- Scheduling software
- Hoffman Computer Systems Amsoft
- Agency management software
- Adobe Systems Adobe AfterEffects
- Healthcare common procedure coding system HCPCS
- YouTube
- CPU Tracker Software CPU Tracker
- irs-aims MARS
- Cygnus Software IncomeMax
- QuickQuote QuickFile Agency Management System
- Word processing software
- NaviSys Front Office
- Medical procedure coding software
- Vulcan Solutions Vulcan Insurance
- Microsoft Office
- AMS Services AMS 360
- Applied Systems Vision
- Allied Financial Software Act4Advisors
- Agency Master
- Advantage Information Systems The Agency Advantage
- GBS Agency Expert
- Tritech Financial Systems General Insurance Management System GIMS
- Fiserv FSC Manager
- Tangle S Creations Your Insurance Office
- CoVirt VirtGate
- Insurance rating software
- Underwriting software
- Terrace Consulting AgencyInsight
- Insurance Technologies ForeSight Enterprise
- Online Database Solutions Agent Intelligence
- Special Agent
- LIDP Consulting Services The Administrator
- E-Z Data SmartOffice
- Applied Systems The Agency Manager
- Web browser software
- Microsoft Outlook
- Results International Systems Artius Suite
- Infospectrum Quick Insure
- FINEOS Insure
- United Systems and Software Individual Life and Health Administration System
- Insurance Technology Consultants WOW