Will “Surety Bond Agent” be Replaced By Robots? 🤔
92% Chance of Automation
“Surety Bond Agent” 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
- 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 Representative
- Account Leader
Tasks for “Surety Bond Agent”
- Explain necessary bookkeeping requirements for customer to implement and provide group insurance program.
- 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.
- Inspect property, examining its general condition, type of construction, age, and other characteristics, to decide if it is a good insurance risk.
- Attend meetings, seminars, and programs to learn about new products and services, learn new skills, and receive technical assistance in developing new accounts.
- 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.
- Select company that offers type of coverage requested by client to underwrite policy.
- Customize insurance programs to suit individual customers, often covering a variety of risks.
- Ensure that policy requirements are fulfilled, including any necessary medical examinations and the completion of appropriate forms.
- Calculate premiums and establish payment method.
- Install bookkeeping systems and resolve system problems.
- Contact underwriter and submit forms to obtain binder coverage.
- Monitor insurance claims to ensure they are settled equitably for both the client and the insurer.
- Explain features, advantages, and disadvantages of various policies to promote sale of insurance plans.
- 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.
- Confer with clients to obtain and provide information when claims are made on a policy.
- Perform administrative tasks, such as maintaining records and handling policy renewals.
- Seek out new clients and develop clientele by networking to find new customers and generate lists of prospective clients.
- Plan and oversee incorporation of insurance program into bookkeeping system of company.
Related Technology & Tools
- Personal computers
- Notebook computers
- Laptop computers
- Desktop computers
- Digital cameras
- Laser printers
- Pen-based computers
- Postage meters
- Laser facsimile machines
- Online Database Solutions Agent Intelligence
- Insurance analysis software
- Scheduling software
- Insurance rating software
- Results International Systems Artius Suite
- Insurance Technologies ForeSight Enterprise
- Agency Software AgencyPro
- Spreadsheet software
- CPU Tracker Software CPU Tracker
- CoVirt VirtGate
- Web browser software
- Tangle S Creations Your Insurance Office
- Medical procedure coding software
- Agency Master
- FINEOS Insure
- YouTube
- DORIS FILESERVERonline
- Skywire Software Policyware
- Insurance Systems WebWriter BackOffice
- QuickQuote QuickFile Agency Management System
- Allied Financial Software Act4Advisors
- Terrace Consulting AgencyInsight
- Hoffman Computer Systems Amsoft
- AMS Services AMS 360
- G2X Agility:Insurance
- United Systems and Software Individual Life and Health Administration System
- Underwriting software
- AMS Services AMS Sagitta
- Insurance Technologies Corporation InsurancePro
- Benefits Technology Group SalesLogix
- Fiserv FSC Manager
- InStar Orion
- Tritech Financial Systems General Insurance Management System GIMS
- Cygnus Software IncomeMax
- Word processing software
- Applied Systems The Agency Manager
- Microsoft Outlook
- Vulcan Solutions Vulcan Insurance
- LIDP Consulting Services The Administrator
- Advantage Information Systems The Agency Advantage
- GBS Agency Expert
- Microsoft PowerPoint
- Agency management software
- irs-aims MARS
- MI-Assistant MI Management System
- Allstar Software Systems Kofax
- Insurance Technology Consultants WOW
- NaviSys Front Office
- Microsoft Excel
- North American Software Associates Eclipse
- Applied Systems Vision
- Infospectrum Quick Insure
- E-Z Data SmartOffice
- Microsoft Word
- Healthcare common procedure coding system HCPCS
- Adobe Systems Adobe AfterEffects
- Special Agent
- Microsoft Office