In spite of economic challenges and rumors that it is cutting its agent force, Northbrook, Ill.-based Allstate is steadily moving forward, expanding both offices and staff across the country.
In 2009, more than 50 new agents opened Allstate agencies across the Southern Region. In April, Insurance Networking News reported that Allstate announced a major effort to expand in Texas with plans to open at least 130 new agencies. And earlier this month, Allstate reportedly sought to recruit about 40 Oklahomans as exclusive agents to open new Allstate offices, particularly in the Oklahoma City and Tulsa areas.
These ongoing efforts stand in stark contrast to rumors that surfaced back in February on online blogs, trade journals and in the general press of its plans to reduce its distribution network by 3,000-plus independent agents. Since early this year, the insurer has maintained its goal of seeking to work with agents who can provide “superior levels of customer service.” This goal was made evident again today with its annual virtual career fair.
The company reports that it sees an opportunity in the current economy to attract mid-career, mid-level managers with financial or sales backgrounds to own and operate their own business and represent the insurer as exclusive agents or personal financial representatives. "We're seeking people who have a combination of entrepreneurial spirit and superior customer service to represent Allstate," said Stephen Scholl, AVP of human resources for Allstate. "In our effort to attract the right people to represent the Allstate brand, our virtual career fair gives candidates the opportunity to have live chats with recruiters, set up a phone interview and submit their resumes." Allstate's online recruiting event will feature "virtual booths" representing Allstate regions across the country.
Representatives will be available for the online job fair between 10 a.m. and 4 p.m. CST to answer questions from prospective candidates about the opportunities and careers available. Allstate claims to be unique among insurers because its agents own the economic interest in their business. Agent candidates need a minimum of $50,000 of liquid capital to invest in their agency.
Allstate is also seeking experienced financial services professionals to serve as personal financial representatives. Candidates must currently have their FINRA 6 and 63 Licenses.
Register or login for access to this item and much more
All Digital Insurance content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access