24% Recruitment Increase Marks the Best First Half in the Company’s 152 Year History
NEW YORK--(BUSINESS WIRE)-- The Guardian Life Insurance Company of America (Guardian) today announced that it has recruited 446 new financial representatives in the first half of 2012, the most ever for this time period in the company’s 152-year history. The 24% year over year increase puts the Company well ahead of its stated goal of adding 840 new financial representatives in 2012. Guardian Financial representatives also typically lead the insurance industry with a success rate 2.5x the industry average1.
“Our record breaking recruitment numbers speak volumes about Guardian’s unique value proposition that serves as the main driver for our financial representatives’ success,” said Scott Rich, Field Vice President, Financial Representative Recruiting for Guardian Life. “The outstanding recruitment results we have experienced for the third consecutive year is evidence of the attractiveness of the financial representative career, which, in addition to being potentially financially lucrative, has the added benefit of being recession proof.”
The Guardian financial representative role continues to be a magnet for highly motivated, entrepreneurial individuals who, in most cases, are changing careers. In the first half of 2012, the company hired a significant number of new entrants to the career from fields ranging from law, sales, finance, technology, education and corporate America. A financial representative career is ideal for anyone who is self-motivated, has a desire to make a difference in people’s lives, be rewarded directly for their efforts, and wants the personal autonomy of running their own practice.
“We expect our hiring momentum to continue at a healthy pace as we head into the second half of the year,” added Rich. “Our financial representatives are needed now more than ever with a still recovering economy, and uncertainty looming for social security and retirement benefits. Proper planning is more important in difficult economic times, and we provide guidance to allow people to stay on track to achieve their short and long term financial objectives. In many ways, there has never been a better time to enter the financial representative career.”
A mutual insurer founded in 1860, The Guardian Life Insurance Company of America and its subsidiaries are committed to protecting individuals, business owners and their employees with life insurance, disability income insurance, dental insurance products, and offer funding vehicles for 401(k) plans, annuities and other financial products. Guardian operates one of the largest dental networks in the United States, and protects more than six million employees and their families at 115,000 companies. The company has approximately 5,000 employees in the United States and a network of over 3,000 financial representatives in more than 80 agencies nationwide.
For more information about Guardian, please visit: http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.GuardianLife.com&esheet=50351744&lan=en-US&anchor=www.GuardianLife.com&index=1&md5=e1cf93630a4178d2cd5443c86f140e1b
1 LIMRA Agent Production and Retention Report 2010
Kwittken & Co
Cindy Stoller, 646-747-0143
Source: The Guardian Life Insurance Company of America
Copyright Business Wire 2012