Finance and insurance – Services, jobs, and courses Finance

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:

  • Chartered Financial Analyst
  • Certified Public Accountant
  • Certified Management Accountant
  • Certified Financial Planner
  • Securities Industry Essentials Exam
  • Certified Fund Specialist
  • Certified Government Financial Manager
  • Certified International Investment Analyst
  • Certified Financial Consultant

Some popular courses for insurance jobs include

  • Certified WorkComp Adviser
  • Certified Insurance Service Representative
  • Chartered Property Casualty Underwriter
  • Associate in Claims
  • Certified Risk Manager
  • Accredited Adviser In Insurance