In the insurance service, you support the operational processes of an insurance company, including the processing of insurance policies, communication with customers and distribution partners, and the processing of claims.
In Germany, employees in the insurance industry can expect an average annual salary of between €40,000 and €48,000 gross. Entry-level employees expect about €34,000 to €44,000 per year, while an internal service leader can expect a salary of about €5,000 per year. Salaries vary greatly depending on location and professional experience. For example, the average salary in Stuttgart is about €4,300 per year and after ten years of professional experience can rise to about €43,000 per year.
A career in insurance is usually based on commercial training, ideally in the field of insurance or financial services. Additional qualifications and further training, in particular in insurance law and customer consultancy, are an advantage.
In the insurance industry, you have many career opportunities, such as becoming a team leader or a specialist in damage management or customer service, as well as the opportunity to move up in management or to work in adjacent fields such as field service or product development.