Insurance or financial services career.

A hypertext narrative by

Antoine Jacques

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Word count: 1317

Choice count: 31

Section count: 21

Image count: 20

Error count: 0

Field Related Analysis:

Law/Paralegal-Technology : 26 matches (accident, act, agent, cheat, children, client, clients, compensation, criminal record, criminal, damage, Financial, fine, improvement, insurance broker, insurance, interest, offer, office, order, price, products, record, Sexual, underwriter, value)

Business : 19 matches (agent, broker, client, clients, damage, employee, financial, insurance, interest, money, offer, office, price, products, profitable, promotion, sell, underwriter, value)

Education : 16 matches (choice, college, colleges, compensation, don, exam, fail, failing, field, first, grade, motivation, report, teacher, training, university)

Target Structure:

dead-end job (2 matches)

internship (6 matches)

retirement (1 match)

though (1 match)

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Insurance or financial services career.

The beginning of a great career.

It's been 3 years since the beginning of your studies, you grade have been fantastic and now you have your DEC in hands. First, you need to know what interest you the most. You have two choices, you can decide if you want to work in insurance or if you want to work in a financial field.

Choice 1 : The insurance path.

Choice 2 : The financial path.

The insurance path.

You are now with a DEC in hands, wanting to work in insurance and you are wandering what your next move need to be. You can either do the AMF's exams or you can look for a job that doesn't require exams.

Choice 1 : Doing AMF's exams.

Choice 2 : Not doing AMF's exam and looking for a job.

The financial path.

You've decided that you wanted to sell financial products in your future. You can now decide if you want to go to university or work with your DEC.

Choice 1 : Go to university.

Choice 2 : Work with the DEC.

Doing AMF's exams.

Congratulation! You succeed all the exams and now you are approved by the AMF and you can sell insurance to people. Now you can do two different jobs, the first one is a damage insurance agent and the second one is a personal insurance broker.

Choice 1 : Become a damage insurance agent

Choice 2 : Become a personal insurance broker

Not doing AMF's exam and looking for a job.

You have your DEC in hand and you don't want to hear about exams and professional improvement so you start looking for a job. You have two choices, you can work as an insurance underwriter or you can look for something else.

Choice 1 : Become an insurance underwriter.

Choice 2 : Looking for something else.

Become a damage insurance agent.

Well-done! You are now a damage insurance agent and you got a job at Desjardins insurance. After 4-5 months of work, someone meets you to insure his car, he wants to put a higher price on the value of his car in order to get more compensation if an accident occurs. He tells you that if you do so, he will give you a part of the compensation. Are you Telling the man to leave your office or are you accepting his offer?

Choice 1 : Tell the man to leave.

Choice 2 : Accept the offer.

Become a personal insurance broker.

You are now a personal insurance broker. You've been working in a bank for 5 years when a woman came to increase the life insurance of her husband. She wants to make it go from $10 000 to $100 000 for no relevant reason. By talking with here a bit you realise that she wants to raise it because her husband is sick and if he dies, it will leave her with her two children and almost no money. Are you raising the life insurance of her husband or are you telling her to leave your office?

Choice 1 : Raise the life insurance of the husband.

Choice 2 : Ask the woman to leave your office.

Tell the man to leave.

The man is very angry but at least you made the right choice for your career and your next years of work have been great! You live a humble live and your colleges respect you.

Choice 1 : Start again here

Accept the offer.

You got caught and your boss fired you. Also, you now have a criminal record and there's been charges against you, you went to jail for a bit and now you struggle to get a job anywhere.

Choice 1 : Start again here

Raise the life insurance of the husband.

Even if you did something that can be viewed as a good thing, it is not legal and you got fired for it. You received a fine for your act and now you work at McDonald with a useless DEC.

Choice 1 : Start again here

Ask the woman to leave your office.

Even though it made you look like a bad guy, you did the right thing. Your career as been wonderful for the rest of your life and you didn't regret it.

Choice 1 : Start again here

Become an insurance underwriter.

You became a good insurance underwriter, you help your college in resolving insurance problems and you feel no need in doing any other exam. One day, a kid wanted to do an internship with you. Do you accept the kid and his internship or do you tell him to do his internship somewhere else?

Choice 1 : You accept the internship.

Choice 2 : You tell him to do his internship somewhere else.

Looking for something else.

Unfortunately, without your AMF's exams, you can't find a job and you end up working at McDonald with a useless DEC in hand.

Choice 1 : Start again here

You accept the internship.

You were an amazing teacher for him and it gave you motivation to continue being a good employee and your career seemed even more interesting and you got a promotion that same year.

Choice 1 : Start again here

You tell him to do his internship somewhere else.

Your boss was not happy about this one and your career slowly decrease from that point and eventually you quit because you lost interest.

Choice 1 : Start again here

Go to university.

You spent 3 years at the university for your BAC and now you have to make the IQPF exams. You didn't study for that exam, but it is really important to become a financial planner. You now have two choices. You can do the exam, fail it and retry next year or you can cheat in the exam.

Choice 1 : Failing the exam and wait one more year.

Choice 2 : Cheat on the exam.

Work with the DEC.

You applied at a bank to become a financial advisor. You've been working here for 5 years now and you have your client base. You take your time with every client and help them become wealthier and plan their retirement. One day, your boss waited until you had no client in your office and tried to abuse you sexually. Will you report this incident or will you stay quiet about it so you can keep your client and your job?

Choice 1 : Report the sexual abuse.

Choice 2 : Stay quiet to keep your clients.

Report the sexual abuse.

You got fired after exposing your boss, but you did the right thing and your clients defended you so once you got a new job, most of them followed you. At the end, you feel safer and your situation have somehow improved.

Choice 1 : Start again here

Stays quiet to keep your clients.

When your boss saw that there was no consequences of his act, he did it several other times, you were becoming very anxious and you didn't want to come to work. You eventually lost your clients because of that and got fired because you were not profitable enough.

Choice 1 : Start again here

Failing the exam and wait one more year.

You worked for one year at a dead-end job but you then done your exam et now you were working the job you liked and the last year made you more mature.

Choice 1 : Start again here

Cheat on the exam.

Fortunately, you didn't get caught for cheating. With the exam in hand, you then got a job were you understood nothing. Even with some On-the jobs training from your college, you were not able to perform correctly. It took 7 months before you got fired. And now you work at a dead-end job.

Choice 1 : Start again here

Career of a Financial planner

Financial planner

Introduction

If you have ever thought of becoming a financial planner or if you're only planning on seeing one, this article is for you.

What is it like to be financial planner?

It is very stressful, time-consuming and sometimes, it can be very touchy because some people are not comfortable to talk about their personal expenses or financial situation. In the other hand, when you are able to help your client clearing his debts and build a better situation for him and his family, it is very rewarding.

What do financial planners do?

Financial planners analyse the financial situation of their clients by dressing a picture of their objectives, current income, investment, risk tolerance, expenses, tax returns, insurance coverage, retirement programs, estate plan and the other pertinent information. This information will allow the financial planner to suggest the steps the client need to do to meet their goals.

What do financial planners do on a typical day?

A financial planner will take information about their clients and creating If you have ever thought of becoming a policeman plans that will suit their needs. Most of their time will be on advising clients about in the planning they made for them such as investment planning, retirement planning, tax planning, estate planning and risk management.

Where do financial planners work?

At the beginning of their career, financial planners will be working in banks, mutual fund companies or investment firm. Eventually, an experienced financial planner can also create is own private company.

How can I become financial planner?

In order to become a financial planner, you need to be certified by the CFP(Certified Financial Planners). To be certified, you need three years of financial planning-related experience, and completion of college-level courses in financial planning. Here in Quebec, you also have to pass an exam at the IQPF and meet the AMF standards which means other exams.

How much money do financial planners make?

There is a big gap between the entry salary and the top salaries since there is a lot of room for personal improvement. You're starting income can be $20 000, but your salary can push the $200 000 level.

What kinds of additional training do financial planners need?

Every 2 years, they have to do exams to meet AMF's standards. Also, they have to keep their information up-to-date by doing research about the all the financial products available and take notes of every change. A good financial planner will also ask question to his college to have a better understanding of every product and will accept every training that his boss proposes to him.

What are the dangers of being financial planner?

You are dealing with someone else's money and if the investment or product you proposed to your clients make them lose money or if your advice leads to a loss of capital, your client will lose his trust for you and won't come back, which pretty much means that you are fired.

What are the chances that financial planners will be replaced by robots soon?

There are already robots and software that are able to analyse someone's financial situations and help to make a plan but those robots and software are very hard to understand, so the financial planner is the one using them and interpret the information given.

What age do financial planners retire at?

Sometimes, financial planners retire because they can't handle the stress anymore, but if their clients respect him, the financial planner can work as long as he wants, so we can see financial planners retire at 60-65 years old.

Conclusion

In conclusion, if you want to become a financial planner, you will have to meet the standards of the profession and be prepare to experience a lot of stress and that you will constantly be questioned and challenge about your knowledge, but in the end, it is worth it.

More by this author

Introduction link: https://antoine-financial-services-insurance.blogspot.com/2020/08/about-me.html

Glossary link: https://antoine-financial-services-insurance.blogspot.com/2020/09/finance-and-insurance-glossary_19.html

Screencast link: https://antoine-financial-services-insurance.blogspot.com/2020/10/screencast-about-virtual-writing-tutor.html

Listicle link: https://antoine-financial-services-insurance.blogspot.com/2020/10/listicle-3-websites-you-should-know-in.html

Sources and RADARS ratings

Source: https://www.princetonreview.com/careers/176/financial-planner

Rationale: to inform or educate

Authority: recognized author

Date: still relevant

Accuracy: probably true

Relevance: relevant for this document

Sources: no sources cited

Source: https://www.investopedia.com/terms/f/financialplanner.asp

Rationale: to inform or educate

Authority: peer-reviewed wiki

Date: still relevant

Accuracy: probably true

Relevance: relevant for this document

Sources: no sources cited

Statistics

Word count: 556

Error count: 0

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Listicle: 3 websites you should know in the financial and insurance industrie

3 websites you should know in the financial and insurance industrie

There is not a lot of things that are sure about your life, but I think that there's a high a chance that you will have to manage your money and pay taxes in your future.You will have to play the games so you can only benefit from learning the rules and a thing or two about how the system works.Knowing what are the options for your money and the protection available might help to take big financial decisions.So here are 3 websites you should know if you want to get in the financial and insurance industries as a professional or as a customer.

1. Know the products available in the market

https://lautorite.qc.ca/en/general-public

The main goal of the AMF is to inform the citizens about all the financial products available in the market and all the frauds that are common with those products. The website also contains all the articles about car insurance which can be really useful if you are selling insurances or looking for one. You can also find saving plans and information about all the mortgages available.It will help you select what mortgages will fit your needs and intentions to access your goal and it will help you propose the product that will really help your client.

2. Understand how to make a claim and how to get a good insurance

https://chad.ca/en/

If you ever want to buy insurance or if you are shopping for one, you need to visit the website of CHAD.This website contains the list of all the professionals that can sell insurances. This website explains how to make a claim, where to do it and who you need to ask for. You can also find a lot of information for your home insurance and car insurance and the frauds that you need to watch out for.

3. Know how your revenue is calculated

https://www.revenuquebec.ca/en/citizens/

It is very important to know how your revenue is calculated to understand how your taxes are calculated. A good knowledge of the system will help you to optimize your situation by paying fewer taxes for the same revenue. This website can help you understand how doing a donation or putting money in your REER can make you pay fewer taxes. As a professional, you will have to advice your clients about this.

Conclusion

In conclusion, knowing the products or the industries and the surrounding frauds are very important. Understanding how to make a claim and how to have a good insurance is also important to protect yourself when shopping for an insurance or selling ones. Finally, knowing how the revenue is calculated can be very useful when you are trying to reduce your taxes.

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Error count: 1

Error density: 1%

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Screencast about The Virtual Writing Tutor

Virtual Writing Tutor Screencast

Introduction

Hi everybody, my name is Antoine Jacques and this is my screencast.

I'm currently studying insurance and financial services at Montmorency College. I have been in this program for almost 2 months now and in 2 and a half years I will be working in a bank with my clients. As a future financial advisor, my job will be to help my clients to buy the financial product they that really wants or need.

In order to do that, communication will be really important, because I need to understand the needs of my clients and make myself clear when I explain the solutions to them. Since most of this information will be exchanged by messages, it is really important for me to have good grammar and writing skills.

My goal with this video will be to show you guys how the website virtual writing tutor can help you in your future career

The Problem

Let's say you are at work and you have to write to a client or even worst, your boss. You know exactly what you are talking about, you have amazing content and your arguments are solid. The only thing that could go wrong left is your grammar. This is when the virtual writing tutor can help you.

The Quest

So basically, the first thing you have to do is to open your browser, I suggest google chrome. After that, you will type in ''Virtualwritingtutor.com'' in the address bar at the top. You can add it to your favorites if you want.

You are on the website you will see in the top left corner of the screen the logo. In the top right corner you will find icons leading to social media. Under the logo is the navigation menu. In the middle of the screen, you will see the text area.

The Solution

This is where you want to copy/paste your message. Once your message is in the text area, you will want to press the button ''Check grammar'' which is the second button in the bar above the text area. You will see that the scroll bar automatically scrolls down and a feedback box appears. The only thing left to do is use this feedback to correct the errors from your text.

The Conclusion

That'it guys, now you have a text with zero mistakes and you can send it to your clients with no worries.

I hope that this video was useful for you guys and if it were, please leave a like under this video, it really means something to me.

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Statistics

Word count: 423

Total MP3 length: 02:20

Target structure count: 11

Error count: 0

Error density: 0%

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Finance and insurance glossary.

This glossary will be about words that I can find in my field of study. As a finance and insurance student, those words will surely be part of my daily life.Every word in this glossary is related to finance and insurance .You may also find those words during your life since they are also useful for your wallet management. .

Bank

noun

A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans

Example: The options available to PCD Maltron for sources if finance are bank Loans, Venture Capitalism and Business Angels.

en: Banque

bankruptcy

noun

A legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor.

Example: Furthermore, 95 per cent of its capital had been liabilities and when the Russian bond market collapsed as consequence of a threatening bankruptcy of Russia, the prices of the bonds hold by LTCM differed further away from the fair historical values computed by complex computer programs.

en: la faillite

bond

noun

It is an instrument of indebtedness of the bond issuer to the holders. The most common types of bonds include municipal bonds and corporate bonds.

Example: An integrated capital market would also reduce the cost of equity, bond and bank finance and lead to a rise in Europe-wide GDP growth by 1.1 per cent.

en: obligation

capital

noun

Wealth in the form of money or other assets owned by a person or organization or available or contributed for a particular purpose such as starting a company or investing.

Example: FINANCE PCD Maltron needs some considerable investment capital to get at that global market and supply it.

en: capital

claim

noun

A demand or request for something considered one's due.

Example: A support for this claim is gained from the observation that the Venetians had developed an institution to govern agency relationships.

en: Réclamation

company

noun

A commercial business.

Example: The conclusions that he came to were that in individual outlets that were franchised, full time employees were paid between 1 and 2% less compared to those who worked in a company-owned outlet.

en: compagnie

contract

noun

A written or spoken agreement, especially one concerning employment, sales, or tenancy, that is intended to be enforceable by law.

Example: In a Edgeworth box the contract curve would be the diagonal if one of the countries' endowment point coincided with , implying a linear PPF.

en: contrat

creditor

noun

A person or company to whom money is owed.

Example: Of concern to us as suppliers are the higher creditor days, but from a wider perspective there are problems with sales margins, profit per employee and returns to shareholders, amongst a number of other things.

en: créancier

debt

noun

Something, typically money, that is owed or due.

Example: Similarly, the ratio of volatile capital flows (defined to include cumulative portfolio inflows and short-term debt) to reserves declined from 146.6 per cent as at end-March 1991 to 38.2 percent at end-March 2003 (International Financial Statistics, Budget reports).

en: dette

fund

noun

A sum of money saved or made available for a particular purpose.

Example: Seeing as it is more likely that PCD Maltron would be accepted by Venture Capitalists than Business Angels I recommend them to try Venture Capitalists to fund their expansion.

en: fonds

insurance

noun

A practice or arrangement by which a company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium.

Example: Foreign exchange reserves are considered as insurance in times of crisis and go a long way towards building confidence in the financial system.

en: assurance

interest

noun

Money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt.

Example: In PCD Maltron's case this is bad news; as the company is not very well established the security they can offer is quite low and so the interest charged on the loan would probably not justify taking the loan out.

en: intérêt

investment

noun

The action or process of investing money for profit or material result.

Example: A possibly worthwhile investment which should be studied further is the expansion of the firm's facilities, particularly the acquisition of larger storage tanks.

en: investissement

loan

noun

A thing that is borrowed, especially a sum of money that is expected to be paid back with interest.

Example: In PCD Maltron's case this is bad news; as the company is not very well established the security they can offer is quite low and so the interest charged on the loan would probably not justify taking the loan out.

en: prêt

market

noun

An area or arena in which commercial dealings are conducted.

Example: The benefits of and reasons for change should be clearly explained to employees (i.e. because of a tougher market place - the change will safeguard the business and employment).

en: marché

ownership

noun

The act, state, or right of possessing something.

Example: Borrowing from banks has an advantage which would seem important to the owner in that there is no effect on control ownership of the company.

en: la possession

possession

noun

The state of having, owning, or controlling something.

Example: As such, in my opinion, businesses that are in possession of such quantitative information are more able to plan and decide strategically.

en: possession

premium

noun

An amount to be paid for an insurance policy.

Example: Unfortunately the premium price charged can attract other firms to the market which happened within our industry and undermined our product.

en: prime

stock

noun

The capital raised by a business or corporation through the issue and subscription of shares.

Example: Similarly, the bottle supply for the detergents will be considered fixed and at full stock, though this may need confirming, due to possible re-ordering problems left behind from the previous management.

en: Stock

trade

noun

The action of buying and selling goods and services.

Example: There is also a clear exit route available, which the Venture Capitalist company will need to be able to see, and that it is to do a merger (trade sale) with the low cost assembler.

en: Commerce

This glossary was made with the Virtual Writing Tutor glossary maker and grammar checker.

About me

 Lundi 31 août 2020, 

Hi my name is Antoine Jacques, I'm 18 years old  and I live in laval ( Québec). I'm currently studying at Collège Montmorency in Financial services and insurance Technology. This blog will be about my experience in this program and the way I am preparing for my future job. You may be wandering what am I studying exactly. Well it is basically risk calculation for the insurance part and personal money management for the financial part. I may also speak about laws because I'm studying the law for the insurance part. Thank you for reading this blog and there is more to come.