There are many different mortgage insurance sales positions, and qualifications usually vary depending on the level of the position. Education is not always the key to finding a job in mortgage insurance sales but may be preferred for particular positions. Researching job descriptions with various companies will help you determine the position that you are qualified for or the steps that may need to be taken to enhance your opportunities. The most common routes to obtaining a job in this field are to acquire extensive experience in certain types of sales or pursue an education that prepares you for the field.
Field related sales experience may help you gain entry-level employment, but there is usually a licensing process required to be able to officially work as a mortgage insurance salesperson. Hiring companies may help you get your license, otherwise you will need to inquire about local licensing procedures. Preparation can usually be done online or at your local library, and reviewing all necessary material will help you receive the necessary licensing to work in mortgage insurance sales. Positions that do not require a college degree may not offer career advancement opportunities.
If you choose to further your career, you should locate an accredited four year university that has a strong business or finance program. Coursework will usually include accounting, business management, economics, finance, introduction to insurance, business law, and other finance related courses. Most universities offer internships, and you should seek a program with a firm that specializes in mortgage insurance sales. Some internships may offer permanent job placement and assistance with licensing exams. Following successful completion of the four year program, you will receive a bachelor's degree in a business related topic.
After you have acquired experience or a degree and licensing, the next step is to begin searching for a mortgage insurance sales job. The Internet and local newspapers are usually excellent job resources that generally list education requirements, job description, salary, and benefits. Before applying, you should create a resume that reflects your experience, education, and any related training. Many companies may request you to fax or e-mail your resume, and this is the main reason that resume presentation is essential.
Communication skills are extremely important because the job requires constant interaction with clients and business professionals. Other duties may include writing reports, organizing accounts, solicitation, and policy sales. In addition to education, experience, and communication skills, you should have technical writing abilities and organizational skills.