To become an insurance agent, a person must have a minimum of a high school education, but a bachelor's degree can help to improve job prospects. Education in economics, business and finance may also be helpful in becoming an insurance agent.
Most of the training to become an insurance agent takes place on the job, working under other agents. Shadowing is common in the industry, and employers place a lot of emphasis on continuing education. This helps an agent keep up on changes in the law, new programs and how other regulations may affect clients. Many employers also recommend that potential insurance agents take classes in selling or attend seminars designed by organizations in the insurance industry.
Once training and education has been complete, an agent has to be licensed through the state. There are different licenses to sell different products, however. In most cases, a license is only given to those who have completed the right courses and who have passed the state licensing exams. It is also required by most states that an agent take continuing education courses for credit and to keep a license in good standing. Many insurance agents also take courses and become licensed to sell financial products such as mutual funds and general securities.