What do you do if you're asked "Why do you want to work in the insurance industry? (2024)

Last updated on Apr 14, 2024

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1

Know your motivation

2

Show your passion

3

Highlight your skills

4

Avoid these mistakes

5

Practice your answer

Be the first to add your personal experience

6

Here’s what else to consider

Be the first to add your personal experience

If you're applying for a job in the insurance industry, you might face this common question: Why do you want to work in the insurance industry? Your answer can make or break your chances of getting hired, so you need to prepare a convincing and sincere response. In this article, we'll share some tips on how to craft your answer and avoid some pitfalls.

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  • Funmi Ogunbiyi FIIN and CAMS certified Head of Technical at Stanbic IBTC || Insurance || Underwriting || Business Operations || Claim…

    What do you do if you're asked "Why do you want to work in the insurance industry? (3) 4

  • Mohammad Jafari Product manager | Business developer | Insurtech mentor | enthusiastic learner

    What do you do if you're asked "Why do you want to work in the insurance industry? (5) What do you do if you're asked "Why do you want to work in the insurance industry? (6) 4

  • What do you do if you're asked "Why do you want to work in the insurance industry? (8) 2

What do you do if you're asked "Why do you want to work in the insurance industry? (9) What do you do if you're asked "Why do you want to work in the insurance industry? (10) What do you do if you're asked "Why do you want to work in the insurance industry? (11)

1 Know your motivation

Before you go to the interview, think about what attracted you to the insurance industry in the first place. Was it the opportunity to help people protect their assets and recover from losses? Was it the variety and challenge of working with different clients and products? Was it the potential for growth and development in a dynamic and evolving sector? Whatever your reason, make sure you can explain it clearly and relate it to the specific role and company you're applying for.

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  • When answering why you want to work in a specific insurance company in an interview, you can highlight aspects such as the company's reputation, values, growth opportunities, creative products/services, or alignment with your career goals.

  • Mohammad Jafari Product manager | Business developer | Insurtech mentor | enthusiastic learner

    People who work in the insurance industry can have the following motivations:1- Helping to protect people's property2- Help to eliminate poverty3- Help with crisis management4- Gaining financial benefits5- Gaining fame6- Taking people's rights in claims

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    What do you do if you're asked "Why do you want to work in the insurance industry? (29) What do you do if you're asked "Why do you want to work in the insurance industry? (30) 4

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  • I'm keen to address this question from multiple perspectives:- Personal Connection: Reflecting on personal experiences that resonate with the insurance industry- Long-Term Career Prospects: I envision a fulfilling and enduring career in the insurance sector due to its dynamic nature and continuous evolution- Skills Alignment: My skills and expertise align seamlessly with the diverse demands of the insurance industry- Desire for Impact: Recognizing the transformative trends shaping the insurance landscape

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    What do you do if you're asked "Why do you want to work in the insurance industry? (39) 2

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  • ⦿ Drawn to the industry's vital mission of security and risk protection for people and businesses⦿ $6.6 trillion in net premiums written globally in 2022⦿ Intellectual challenges of modeling and quantifying risks appeal to me⦿ U.S. insurers employed over 120,000 actuaries and analysts in 2021⦿ Stability of an essential service with consistent demand⦿ Insurance premiums grew 3.7% annually from 2017-2022⦿ Opportunities from emerging risks like cybersecurity⦿ Cyber insurance premiums projected to hit $22.5B by 2025⦿ Desire to have a positive impact through a service-driven industry

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  • Isaac Adissi Diretor Executivo na Aliansce Total Corretora de Seguros

    Ao responder por que você quer trabalhar em uma seguradora específica em uma entrevista, você pode destacar aspectos como a reputação da empresa, valores, oportunidades de crescimento, produtos/serviços criativos ou alinhamento com seus objetivos de carreira.

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2 Show your passion

Don't just say you want to work in the insurance industry because it's stable or lucrative. Show some enthusiasm and passion for the field and its impact on society. You can mention how insurance contributes to economic development, social security, and risk management. You can also share some examples of how insurance has helped you or someone you know in a personal or professional situation. Demonstrate that you have a genuine interest and curiosity in learning more about the industry and its trends.

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  • To an extent, nearly everything you do or touch is related to insurance (your car, your house, your health...) so it will be easy to find a concrete example to get passionate about. The insurance industry is an exciting industry to work in and showcasing a genuine interest will make a positive impression.

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3 Highlight your skills

Another way to answer the question is to emphasize how your skills and abilities match the requirements and expectations of the insurance industry. You can mention some of the key skills that insurance professionals need, such as communication, problem-solving, analytical, and customer service skills. You can also showcase some of the relevant experience or education you have in the insurance field or related areas. For instance, you can talk about how you handled a complex claim, negotiated a policy, or completed a certification.

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  • Remember transferable skills! You might be coming from another industry (like many insurance professionals, actually) but this doesn’t mean you don’t have the skills to do the job and willingness to learn how to apply them in this new context.

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4 Avoid these mistakes

While answering the question, make sure you avoid some common mistakes that can undermine your credibility and impression. Don't say you want to work in the insurance industry because you don't have any other options or because you think it's easy. Don't be vague or generic in your answer, such as saying you like insurance or you want to help people. Don't be negative or critical about other industries or employers. And don't lie or exaggerate about your motivation, passion, or skills.

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  • Leave the stereotypes out and show some passion for the insurance industry and your future role...it might looks boring from the outside but you could be surprised to see how much fun it could be to work in such industry!

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    What do you do if you're asked "Why do you want to work in the insurance industry? (82) What do you do if you're asked "Why do you want to work in the insurance industry? (83) 2

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5 Practice your answer

Finally, don't forget to practice your answer before the interview. You can write down your main points and rehearse them aloud. You can also ask a friend or a mentor to give you feedback and suggestions. Try to keep your answer concise and focused, ideally no longer than two minutes. And remember to be confident and positive in your tone and body language.

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6 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

Add your perspective

Help others by sharing more (125 characters min.)

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What do you do if you're asked "Why do you want to work in the insurance industry? (2024)

FAQs

What do you do if you're asked "Why do you want to work in the insurance industry? ›

Another way to answer the question is to emphasize how your skills and abilities match the requirements and expectations of the insurance industry. You can mention some of the key skills that insurance professionals need, such as communication, problem-solving, analytical, and customer service skills.

How to answer why you want to work for an insurance company? ›

Sample Answer: I've always been interested in helping people and making sure that they are protected. Insurance is a great way to do that. I want to help people understand how insurance works and why it's important to have it. Question: What was your role in your previous job?

Why are you interested in the insurance industry? ›

Despite its reputation, insurance offers a variety of rewarding aspects including helping others, job security, engaging work, transferable skills, and the opportunity to connect your career with your passions.

What's a good answer for why do you want to work here? ›

Explain why the company is a good fit for your career goals. Express enthusiasm for the company's product or service. List specific reasons why the role interests you. Tell them how your skills and experience can contribute to business goals.

What makes you right fit for an insurance advisor job? ›

When interviewing insurance advisors, the most suitable candidate will demonstrate a compelling personality with outstanding communication skills, and in-depth knowledge of policies, regulations, and products. Be wary of candidates who lack analytical and interpersonal skills.

How to ace an insurance interview? ›

What are the best interview preparation tips for the insurance industry?
  1. Research the company. Be the first to add your personal experience.
  2. Review your resume. ...
  3. Practice common questions. ...
  4. Prepare your own questions. ...
  5. Dress professionally. ...
  6. Be confident and courteous. ...
  7. Here's what else to consider.
Oct 11, 2023

What is insurance in simple words for interview? ›

Insurance is a contract, represented by a policy, in which a policyholder receives financial protection or reimbursem*nt against losses from an insurance company. The company pools clients' risks to make payments more affordable for the insured.

Why should we hire you? ›

A: When answering, focus on your relevant skills, experience, and achievements that make you the best fit for the role.You should hire me because I am a hard worker who wants to help your company succeed. I have the skills and experience needed for the job, and I am eager to learn and grow with your team .

What value will you bring to our company? ›

How to answer the question 'What can you bring to the company?' The simple answer to this question is you: you bring all of your skills, qualities, values, interests, academic knowledge, internships and life experience to the company.

Why do you want to work at example? ›

I see this opportunity as a way to contribute to an exciting/forward-thinking/fast-moving company/industry, and I feel I can do so by/with my …” “I feel my skills are particularly well-suited to this position because …” “I believe I have the type of knowledge to succeed in this role and at the company because …”

How do you answer why you want to do this job? ›

'This opportunity is really exciting for me as I will be able to…' 'I see the role as a way of developing my career in a forward-thinking/well-established company/industry as…' 'I feel I will succeed in the role because I have experience in/softs skills that demonstrate/ I've taken this course…'

Why am I interested in this job? ›

Why are you interested in the position answer? I am interested in this position because it aligns perfectly with my skills, experiences, and career aspirations. I am excited about the opportunity to contribute my expertise to [Company Name] and make a meaningful impact in [specific area or industry].

What makes you a good fit for this job position? ›

I am a good candidate for this position, as I have experience working in different work environments of varying team and company sizes, often in a fast paced environment. My excellent communication skills allow me to create working relationships based on trust and mutual respect.

How to answer tell me about yourself? ›

The best way to answer "Tell me about yourself" is with a brief highlight-summary of your experience, your education, the value you bring to an employer, and the reason you're looking forward to learning more about this next job and the opportunity to work with them.

Why am I the right fit for the job? ›

“I believe I'm the best fit for this job because of the skills and expertise I've gained in [FIELD/INDUSTRY] over the past [NUMBER] years. I think my solid foundation of skills coupled with my passion for learning and innovating, can help me thrive in this role and benefit [COMPANY NAME] at the same time.

What makes you a good fit for this insurance customer service representative position? ›

Great candidates for your customer service role may also have sales experience, the ability to multitask effectively and the availability to work weekends, holidays and/or overnight.

Why do you want this job sample answer? ›

"I am excited about this job because it allows me to be part of a company culture that values teamwork, collaboration, and open communication. During my research about [company name], I was impressed by the positive work environment and the emphasis on fostering creativity and diversity of thought.

Why do I want to work in insurance sales? ›

Strong earning potential

A career selling insurance can be a good way to make money. It provides many opportunities to earn a high income with strong potential for growth. Because your income will mostly come from commissions, there can be no limit to how much you earn.

Why do you want to work in healthcare answer? ›

Your response should show your dedication to the field, your willingness to learn and grow, and why the healthcare industry is exactly where you belong. Maybe you chose health care to be of service to others and make a difference in their lives. Or maybe you want to make the whole system better.

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