Insurance Broker Resume: Sample & Guide (Entry Level & Senior Jobs)

Are you looking for a new position as an insurance broker? Look no further! Our Insurance Broker Resume Example article will help you craft a strong resume that showcases your skills and experience in the insurance industry. Whether you're an experienced professional or just starting in the field, our resume example will guide you in creating a resume that stands out to potential employers and helps you land your next job.

We will cover:

How to write a resume, no matter your industry or job title.
What to put on a resume to stand out.
The top skills employers from every industry want to see.
How to build a resume fast with our professional Resume Builder.
Why you should use a resume template

Plus, we will provide expert resume writing tips and professional examples to inspire you.

What does an Insurance Broker do?

Assess the insurance needs of individuals or businesses
Research and find suitable insurance policies for clients
Provide advice on various insurance options and help clients make informed decisions
Negotiate with insurance companies on behalf of clients to secure the best coverage and rates
Assist clients with claims and ensure they receive fair and timely settlements
Stay updated on insurance industry trends and regulations to provide the most current information to clients
Build and maintain relationships with clients and insurance companies

We’re about to begin, but first, here are some other Insurance Broker related resume examples:

What are some responsibilities of an Insurance Broker?

Provide clients with suitable insurance options based on their specific needs and risk factors.
Communicate effectively with insurance companies to negotiate terms and coverage for clients.
Assist clients with understanding the terms and conditions of their insurance policies.
Stay updated on trends and changes in the insurance industry to provide clients with accurate information.
Help clients with filing and managing insurance claims.
Follow ethical and legal guidelines in all insurance transactions and communications.

Sample Insurance Broker Resume for Inspiration

Insurance Broker Resume Resume

Name: John Smith

Email: john.smith@email.com

Phone: 123-456-7890

Summary

John Smith is an experienced insurance broker with a proven track record of building and maintaining strong client relationships. He is passionate about helping individuals and businesses find the right insurance solutions to protect their assets and loved ones.

Work Experience

Insurance Broker at ABC Insurance Agency (2018-present): Responsible for prospecting and acquiring new clients, analyzing their insurance needs, and presenting tailored insurance solutions. Generated over $1 million in new business premiums in the past year.
Insurance Agent at XYZ Insurance Company (2015-2018): Cultivated relationships with clients to ensure their insurance needs were met, processed policy changes and claims, and consistently exceeded sales targets.

Education

Bachelor's Degree in Finance from University of City (2015)

Skills

Strong sales and negotiation abilities
Excellent communication and interpersonal skills
Proficient in insurance industry software and technology
Ability to analyze and assess client needs
Detail-oriented and organized

Certifications

Licensed Insurance Broker in the state of City
Chartered Property Casualty Underwriter (CPCU)

Languages

English (Native), Spanish (Proficient)

Resume tips for Insurance Broker

Creating a perfect, career-launching resume is no easy task. Following general writing rules can help, but it is also smart to get advice tailored to your specific job search. When you’re new to the employment world, you need Insurance Broker resume tips.
We collected the best tips from seasoned Insurance Broker - Check out their advice to not only make your writing process easier but also increase your chances of creating a resume that piques the interest of prospective employers.

Highlight your sales and customer service experience
Showcase your expertise in insurance products and services
Include any relevant certifications or licenses
Emphasize your ability to build and maintain strong client relationships
Demonstrate your knowledge of industry regulations and compliance standards

Insurance Broker Resume Summary Examples

A well-crafted resume summary or objective for an insurance broker can effectively highlight your key qualifications, skills, and experience. It provides a brief, focused overview of your professional background and career goals, making it easier for hiring managers to quickly identify your suitability for the role. By including a summary or objective, you can grab the reader's attention and create a strong first impression, increasing your chances of landing an interview for the position.

For Example:

Experienced insurance broker with 10+ years of industry knowledge
Proven track record of achieving sales targets and exceeding client expectations
Strong understanding of various insurance products and policies
Skilled in building long-lasting relationships with clients and insurance providers
Proficient in utilizing insurance software and CRM systems

Build a Strong Experience Section for Your Insurance Broker Resume

The experience section is crucial for an insurance broker resume because it showcases the candidate's relevant skills and expertise in the industry. A strong experience section will demonstrate the candidate's success in driving sales, managing client relationships, and navigating complex insurance policies. It also gives employers an insight into the candidate's achievements and contributions, making them more likely to consider the candidate for the position.

For Example:

Successfully managed a portfolio of 200+ clients, resulting in a 30% increase in overall revenue
Developed and maintained strong relationships with insurance carriers to negotiate the best rates and coverage for clients
Provided personalized insurance solutions for clients based on their individual needs and risk profiles
Consistently met and exceeded sales targets by actively prospecting and securing new clients
Effectively communicated complex insurance products and policies to clients, ensuring they fully understood their coverage
Coordinated claims processing and resolution on behalf of clients, ensuring a smooth and seamless experience
Collaborated with underwriters and actuaries to analyze and assess risk factors for clients
Conducted regular policy reviews and updates with clients to ensure their coverage remained adequate and up to date
Assisted clients with the renewal process, providing guidance and support to ensure a seamless transition
Maintained accurate and up-to-date client records and documentation for compliance and regulatory purposes

Insurance Broker resume education example

An Insurance Broker typically needs a bachelor's degree in finance, economics, business administration, or a related field. Additionally, they may need to obtain state licensure by passing a series of exams. Some employers may prefer candidates with a master's degree or professional certifications such as the Chartered Property and Casualty Underwriter (CPCU) or Certified Insurance Counselor (CIC). Ongoing education and training in the insurance industry is also important for staying current with industry regulations and best practices.

Here is an example of an experience listing suitable for a Insurance Broker resume:

Bachelor of Business Administration in Insurance Risk Management - University of Texas, Austin, TX (2010-2014)
Associate of Science in Insurance Sales - Community College of Philadelphia, Philadelphia, PA (2008-2010)
License in Property and Casualty Insurance - State of Texas (2014)
License in Life and Health Insurance - State of Texas (2015)

Insurance Broker Skills for a Resume

Adding skills to an insurance broker resume is important because it demonstrates an individual's capability to perform the necessary duties effectively, such as sales, customer service, and risk assessment. It also highlights their expertise in navigating insurance policies and regulations, which is crucial in providing knowledgeable advice and support to clients. Additionally, including skills on a resume can help an applicant stand out in a competitive job market.

Soft Skills:

Communication skills
Customer service
Problem-solving
Adaptability
Negotiation skills
Teamwork
Time management
Emotional intelligence
Interpersonal skills
Attention to detail

Hard Skills:

Risk assessment
Policy analysis
Underwriting expertise
Insurance regulations
Claims processing
Actuarial analysis
Sales proficiency
Data analysis
Financial modeling
Negotiation skills

Common Mistakes to Avoid When Writing an Insurance Broker Resume

In this competitive job market, employers receive an average of 180 applications for each open position. To process these resumes, companies often rely on automated applicant tracking systems, which can sift through resumes and eliminate the least qualified applicants. If your resume is among the few that make it past these bots, it must still impress the recruiter or hiring manager. With so many applications coming in, recruiters typically give each resume only 5 seconds of their attention before deciding whether to discard it. Considering this, it's best to avoid including any distracting information on your application that could cause it to be thrown away. To help make sure your resume stands out, review the list below of what you should not include on your job application.

Not including a cover letter. A cover letter is a great way to explain why you are the best candidate for the job and why you want the position.
Using too much jargon. Hiring managers do not want to read a resume full of technical terms that they do not understand.
Omitting important details. Make sure to include your contact information, educational background, job history, and any relevant skills and experiences.
Using a generic template. Take the time to customize your resume to the job you are applying for. This will show the employer that you are serious about the position.
Spelling and grammar errors. Always double-check your resume for typos, spelling mistakes, and grammar errors.
Focusing too much on duties. Make sure to include accomplishments and successes to show the employer that you are a great candidate.
Including personal information. Avoid including any personal information such as age, marital status, or religious beliefs.

Key takeaways for a Insurance Broker resume

Proven track record of increasing insurance sales
Strong knowledge of various insurance products and services
Excellent communication and negotiation skills
Client-focused approach to selling and servicing insurance
Ability to build and maintain strong relationships with clients and insurance companies
Proficient in using insurance software and technology
Licensed insurance broker in [state/province]
Ability to analyze and evaluate insurance policies for clients
Understanding of insurance regulations and laws

It's time to begin the job search. Make sure you put your best foot forward and land your next job with the help of Resumaker.ai.