Insurance Industry Core Competencies & Skills Flashcards

1
Q

what are insurance employers looking for in new employees

A
  • a good understanding of the insurance sector

- commitment

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2
Q

what are the top 5 professional skills for insurance roles?

A
  • communication & negotiation
  • problem solving
  • relationship building & customer service
  • analytical skills
  • teamwork and collaboration
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3
Q

why the need for communication & negotiation

A

need to explain complex financial matters to novices

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4
Q

why the need for problem solving

A

need for pro activity when assisting clients to overcome challenges & solve problems

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5
Q

why the need for relationship building & customer service

A

need to understand company clients and meet their needs

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6
Q

why the need for analytical skills

A

analytical skills refers the ability to collect & analyse information which is integral in insurance

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7
Q

why the need for teamwork & collaboration

A

working collaboratively is common and essential in the insurance sector

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