How insurance professionals and financial planners kicked off their careers has been revealed by a poll of CII and Personal Finance Society members.
Almost two thousand (1,949) members took part in a poll on social media in July 2021 to pinpoint how people join the profession.
The data showed that most individuals (47%) in the insurance profession enter the sector straight after education.
This encouraging statistic suggests that lots of young graduates see insurance as a promising sector to kickstart their career in.
The data shows a similar pattern for the financial services sector. Four out of 10 financial advisers stated they had entered the profession straight after education.
There are also many who join the sector after their original career. Nearly half of financial advisers who took part in the survey switched to the profession later on in their lives (47%), suggesting that many decide to take up the career with more life experience.
These financial advisers are able to use their own personal experiences and lessons learnt to help their clients succeed financially.
Roughly a third (35%) of insurance professionals had entered the sector after previously embarking on a different career.
Apprenticeships or a trainee scheme were currently the entry route to the profession for just 8% of insurance professionals and 5% of financial advisers.
