Good Evening fellow agents and brokers;
I appreciate these discussion threads! Thank you for sharing on so many topics! They have been a big help to me. I opened my own agency last year with a focus on P&C commercial accounts. I am at the point where I need an Account Manager to take over more of the renewal process (obtaining quotes, creating renewal proposals, prepping and binding quotes, etc.). Everyone I hear from in CA (where I am based) is saying "Don't hire! You'll have to pay Work Comp! It will cost a fortune!" I am wondering if that's true. If it would save me time and I could focus on more long-term new accounts, than it's worth it. Anyone out there have experience with the is decision? What does an Account Manager make in CA? Can I try to hire part-time? (I probably don't have enough to keep him/her busy 30-40 hours a week yet). Open to suggestions on handling these growing pains......
I appreciate these discussion threads! Thank you for sharing on so many topics! They have been a big help to me. I opened my own agency last year with a focus on P&C commercial accounts. I am at the point where I need an Account Manager to take over more of the renewal process (obtaining quotes, creating renewal proposals, prepping and binding quotes, etc.). Everyone I hear from in CA (where I am based) is saying "Don't hire! You'll have to pay Work Comp! It will cost a fortune!" I am wondering if that's true. If it would save me time and I could focus on more long-term new accounts, than it's worth it. Anyone out there have experience with the is decision? What does an Account Manager make in CA? Can I try to hire part-time? (I probably don't have enough to keep him/her busy 30-40 hours a week yet). Open to suggestions on handling these growing pains......