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”
- Attend meetings, seminars, and programs to learn about new products and services, learn new skills, and receive technical assistance in developing new accounts.
- Ensure that policy requirements are fulfilled, including any necessary medical examinations and the completion of appropriate forms.
- Monitor insurance claims to ensure they are settled equitably for both the client and the insurer.
- 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.
- Explain features, advantages, and disadvantages of various policies to promote sale of insurance plans.
- Customize insurance programs to suit individual customers, often covering a variety of risks.
- Develop marketing strategies to compete with other individuals or companies who sell insurance.
- 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.
- Contact underwriter and submit forms to obtain binder coverage.
- Install bookkeeping systems and resolve system problems.
- 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.
- Confer with clients to obtain and provide information when claims are made on a policy.
- Explain necessary bookkeeping requirements for customer to implement and provide group insurance program.
- Inspect property, examining its general condition, type of construction, age, and other characteristics, to decide if it is a good insurance risk.
- Perform administrative tasks, such as maintaining records and handling policy renewals.
- Select company that offers type of coverage requested by client to underwrite policy.
- Plan and oversee incorporation of insurance program into bookkeeping system of company.
- Calculate premiums and establish payment method.
Related Technology & Tools
- Laser printers
- Pen-based computers
- Desktop computers
- Personal computers
- Laser facsimile machines
- Laptop computers
- Notebook computers
- Postage meters
- Digital cameras
- Results International Systems Artius Suite
- Spreadsheet software
- DORIS FILESERVERonline
- E-Z Data SmartOffice
- Allied Financial Software Act4Advisors
- Microsoft Outlook
- Infospectrum Quick Insure
- Microsoft Office
- Benefits Technology Group SalesLogix
- Insurance Systems WebWriter BackOffice
- Tangle S Creations Your Insurance Office
- Microsoft PowerPoint
- United Systems and Software Individual Life and Health Administration System
- LIDP Consulting Services The Administrator
- Insurance rating software
- Applied Systems Vision
- Tritech Financial Systems General Insurance Management System GIMS
- Web browser software
- Allstar Software Systems Kofax
- Insurance Technology Consultants WOW
- CPU Tracker Software CPU Tracker
- Underwriting software
- MI-Assistant MI Management System
- Agency management software
- Microsoft Excel
- Insurance Technologies Corporation InsurancePro
- irs-aims MARS
- AMS Services AMS 360
- Word processing software
- NaviSys Front Office
- Terrace Consulting AgencyInsight
- Scheduling software
- Agency Master
- Applied Systems The Agency Manager
- Healthcare common procedure coding system HCPCS
- Adobe Systems Adobe AfterEffects
- Special Agent
- Insurance analysis software
- Hoffman Computer Systems Amsoft
- Vulcan Solutions Vulcan Insurance
- Insurance Technologies ForeSight Enterprise
- Online Database Solutions Agent Intelligence
- Cygnus Software IncomeMax
- Skywire Software Policyware
- InStar Orion
- North American Software Associates Eclipse
- Agency Software AgencyPro
- Microsoft Word
- AMS Services AMS Sagitta
- CoVirt VirtGate
- Fiserv FSC Manager
- G2X Agility:Insurance
- FINEOS Insure
- YouTube
- Medical procedure coding software
- QuickQuote QuickFile Agency Management System
- Advantage Information Systems The Agency Advantage
- GBS Agency Expert