ExploreChief.com | Finance and insurance – Services, jobs, and courses

Finance and insurance services include banking, insurance, and investment offered for individuals, small and big businesses, and corporations. They manage the money, help make a profit through investments, and advise one on managing assets and liabilities. They also assist individuals and businesses in tax planning and wealth management. It is a thriving sector with average pay higher than the national median salary. Read on to learn more about the services and job roles.

Important services offered by financial and insurance services
Financial service organizations include banks, lenders, finance, insurance, investment, credit card, and brokerage firms. A qualified and experienced financial advisor manages an individual’s or a company’s finance on their behalf. They use financial products like stocks, loans, bonds, real estate, and insurance policies to manage clients’ finances and earn a profit for their clients.

The important services offered by financial services are:

Personal banking
Retirement and legacy planning
Insurance
Mortgage services
Investment advisory
Securities
Wealth management
Brokerage

Insurance services are a segment of financial services where a company offers to compensate a policyholder for any loss to their health, life, or property. The policyholder pays the insurance company a periodic fee or premium for these services. The popular services offered by insurance services are:

Auto insurance
Health insurance
Accident insurance
Homeowners insurance
Life insurance
Liability insurance
Workers compensation insurance
Finance and insurance courses

Leading finance and insurance companies
A company’s market share speaks volumes about its reliability and trust. You should also consider their history, financial standing, ability to bear unexpected losses, and asset under management. Compare their products and services prices with similar companies, fees, and expenses. Research a little and look for any pending litigations for fraud under their name. When you look for a good insurance company, check the average time they take for claim settlement and read through customer reviews.

Some of the leading financial service companies include:

JP Morgan Chase & Co
Wells Fargo & Co
Capital One Financial
Morgan Stanley
Goldman Sachs
American Express

Some of the leading insurance companies include:

Farmers Insurance Group
Nationwide Mutual Insurance
Liberty Mutual
All State
Travelers Group
The Hartford

Job opportunities in the financial and insurance sectors
The finance and insurance sectors offer various jobs for entry-level, mid, and senior-level professionals across private, government, and corporate sectors. Some of the in-demand jobs in financial services include:

Accountants
Auditors
Financial managers
Financial analysts
Financial advisors
Investment advisors
Portfolio managers
Investment bankers
Equity associates
Chief financial officers
Stockbrokers
Venture capitalist

Some of the in-demand jobs in insurance services

Insurance agents and brokers
Insurance advisors
Tax lawyers
Underwriters
Actuaries
Claims adjusters
Data analysts
Risk analyst

Advanced courses for jobs in finance and insurance services
The demand and competition for jobs in finance and insurance companies are high as they pay some of the best salaries, and there is a good and quick growth prospect. While degrees in economics, math, finance, business, taxation, and insurance may be basic criteria for a job, you can also enroll in specialized areas of these sectors to have an advantage over other candidates.

Some of the popular financial and insurance courses are: