Why working in insurance could unleash your inner entrepreneur

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Life as an entrepreneur can be filled with perks. You can work when you want to. You have full control over your how much you earn and you get to do what matters to you.

So it’s no surprise that there are approximately 582 million entrepreneurs across the globe, according to the Global Entrepreneurship Monitor.

Yet being an entrepreneur is also a risky endeavour. Having greater control over your life means having a greater amount of responsibility to shoulder. The stakes are higher and your salary is likely to be irregular.

But what if we told you there was a way to enjoy the benefits of being an entrepreneur without the risk?

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Take control of your income

A career in insurance can be exciting and liberating in many ways. Like entrepreneurship, it puts purpose, control and balance back into your own hands. You get to determine many aspects of your work, especially how much you earn.

At Prudential, you receive commission on new sales and renewals, along with limitless bonuses when you exceed your targets — all on top of a secure paycheck. Simply put, your income is yours to scale. This means with discipline and resilience, better prospects are always within reach.

As you chart your career development, PRUVenture, our leadership development programme, can help you accelerate it. This fast-track opportunity helps successful sales or managerial professionals outside the insurance industry to become leaders in a rapidly growing sector. We’ll help you build on your existing sales skills and give you the expertise you need to thrive in your new insurance career.

Be your own boss — without the risks

Starting your own business can be scary: 50 per cent of new businesses fail to make it past five years. This is often the result of a lack of funding, inadequate management and ineffective business planning or marketing efforts. With PRUVenture however, you get to unleash your entrepreneurial spirit without having any of the entrepreneurial worries!

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PRUVenture supports you in all the areas where entrepreneurs tend to fail. We take care of the heavy lifting, from research to marketing, customer service to infrastructure, so that you can concentrate on earning the rewards, with a proven success model.

To help you succeed, our tried and tested programme helps you to become a leader at Prudential, as well as giving you the skills you need to become a member of the Million Dollar Round Table (MDRT), which recognises leading professionals in the life insurance and financial services industry.

This means that by the time you’ve completed the programme, you are well-positioned and well-equipped to scale your income by building and leading your own team.You can even take it further by building your own business within the company, nurturing your leaders to build their own teams and helping them all to take a seat at the MDRT. Ambition has no boundaries and you can enjoy building your business all within Prudential’s organised structure. So you get to enjoy all the benefits of being your own boss without having to worry about the risks.

Make an impact as an insurance entrepreneur

Today, many people (especially the younger generation) are looking for more than just a job. They want to do work that is meaningful and has a positive impact on the world. This desire has only been amplified by the COVID-19 pandemic, as more people begin to look for roles that allow them to make a difference to the lives of others, and their own.

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That’s not the only impact the pandemic has had — it also heightened the importance of protection offered by insurance, especially in difficult times or when the unexpected happens.

Insurance offers a real chance to make a difference, not only to your own life and to the lives of others. Surprisingly, less than 4 per cent of people born between 1981 and 1997 would consider working in this sector, according to the Association for Cooperative Operations Research and Development, the global standards-setting body for the insurance and related financial services industries. The insurance industry is a growing sector, offering not only the opportunity to make an impact, but the opportunity to gain great rewards. After all, everyone will always need insurance.

If you value purpose as much as a guaranteed paycheck, PRUVenture offers the perfect opportunity for you to influence change. With many Asian consumers still under-insured, we are looking to partner with people who have the right experience that will help them establish strong relationships with customers. The more customers you connect with the right insurance products, the more people you help to enjoy financial security and peace of mind.

That sentiment of taking positive steps for improvement for our teams and our customers is a commitment that has driven Prudential for over 170 years. Amidst the current challenges we’ve found a renewed sense of purpose: to help people get the most out of life.

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Let PRUVenture bring out the best entrepreneur in you

Over the next three years, we will be recruiting 20,000 people across nine markets, through PRUVenture,forming the next generation of financial services leaders. But it’s more than learning how to lead at the forefront of the industry.

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PRUVenture is an opportunity to seize your future, to make a difference and let your entrepreneurial spirit thrive in a supportive and structured organisation. If you have the willingness to commit and the drive to succeed, PRUVenture can help unleash the inner entrepreneur in you. Join us today and become part of a growing industry, where you can make an impact. It’s an opportunity not to be missed!

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