The Benefits of Mentoring

By November 25, 2016Blog

shutterstock_280370930.jpgWhether you’re new to the game or the top producer in your agency, mentoring and mentorship is beneficial for your career growth and success. Mentors and mentees have mutually beneficial relationships that provide immediate and long-term benefits in life and their careers. Not only that, but internal business mentorships can provide job security and increased visibility within your organization.

Mentor Benefits

Becoming a mentor is more than the transference of knowledge, advice, and insights. It’s the opportunity to share your skills and experience in the industry, as well as develop your leadership and professional skills. Additional benefits from mentoring include:

  • Recognition as a P&C expert and leader
  • The opportunity to give back to the profession
  • An influence who re-energizes your career and passion
  • An increase in your self-worth
  • The creation of a network for future endeavors

Mentee Benefits

Receiving mentorship from more seasoned P&C insurance producers or agency owners yields a ton of pluses by:

  • Increasing your self-confidence
  • Helping you to take better control of your career
  • Providing an important networking contact
  • Improving your interpersonal and sales skills
  • Offering you the chance to ask questions important to career growth and understanding
  • Giving you a sounding board for feedback and new ideas

Your Agency Can Make the Difference

Depending on your agency and its leadership, you may not have the opportunity to receive mentorship from a more experienced professional. You may also not have the time or opportunity to engage with a mentee. Entrepreneurial or lifestyle agencies encourage environments with mentoring programs. They provide benefits such as increased commissions, ownership opportunities, and more flexibility as well as access to hundreds of professionals locally and nationwide.

Becoming a producer at an entrepreneurial agency enhances your growth potential, financial future, and work-life balance. The Insurance Office of America is an example of a lifestyle agency. Watch their “Discover the IOA Difference!” to learn about different types of agencies and what great mentoring opportunities look like.

If you find you’d like to request a confidential consultation to discuss the options available to you in a lifestyle agency, click here:

 

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