Finding Your Sense of Purpose Anew

September 30, 2001 at 08:00 PM
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By now, youve read plenty about the terrorist attacks on the World Trade Center and the Pentagon, the insurance issues these devastating events have raised, and the insurance industrys various responses to the crisis.

Youve seen videos of firefighters, policemen and emergency workers working tirelessly amidst the rubble, youve heard the plaintive voices of grieving families, and youve donated blood, food, money and/or volunteer service in hopes this will help bring healing, solace and strength.

All of that, and more, will no doubt continue for many weeks and months. Even so, people in the insurance and financial services sector must turn their thoughts and efforts back to the business of everyday business.

That is harder to do than to say. Many people calling into NUs products desk, presumably to talk about insurance products, say they are having a hard time focusing on work, much less promoting new products. In comparison to the horrific drama unfolding in New York and Washington, they say, their work seems insignificant.

How, they ask, do we present products against such a terrible backdrop? Where do we go from here?

Following are a few suggestions, offered in hopes that they will spark good solutions in agencies, companies, third party firms, and regulatory offices countrywide.

Surely, the questions go to the heart of purposethe reason you are working in the insurance and financial services sector, and your understanding of how your work fits into the economic fiber of America.

On a superficial level, you may think the reason you're in your line of work is because of the paycheck–that its just a job that pays the bills.

But if you dig a little deeper, you may find you are also in the business for its dynamic link to the human heartbeat. That is, it enables you to fulfill deeply held beliefs about human service and connectedness.

If this is so, once the shock and grief settle down a little more, you may find you can pick up your financial product banner once againperhaps with even more conviction than you had in the past.

Let me illustrate: One of my mentors, now deceased, was a card-carrying philosopher. We enjoyed many good conversations, but he positively hated the fact that I make my living by writing about insurance and financial services.

"How could you waste your writing talent that way?" he demanded of me on many occasions. "How could you write about something so dry and lifeless, so devoid of human values?"

When I answered that financial products are vitally essential anchors of security for most modern Americans, he grudgingly agreed. But when I added that people who work with such products encounter virtually every passion, need and value of human existence, he was flabbergasted. And when I said I believe that writing about such people and products enables me to be of genuine assistance, he was downright angry.

We never settled this dispute, and finally agreed to disagree on the point.

But the heated exchanges really helped me solidify my own purpose, my own reason for doing the work I do.

This is something that may happen to you, as you wrestle with the impact of recent events on your work life. If you allow it, these challenging times may lead you to discover or rediscover the true reasons for your involvement in the insurance and financial services business.

You may find you 1) like the people aspects of your work; 2) appreciate how the products you sell contribute to your customers financial stability; and 3) value how the business has responded to the crisis (through dedicated hotlines, fast-response teams, rapid pay plans, special contribution funds, office sharing, proof of death waiver plans, and the like).

Indeed, you may find something that has been living inside of you only at subterranean levels until now: Your sense of business purpose.

Here are a few thoughts on how you might speed this discovery process along:

Remember the customer. If, in light of the recent tragedy, a product you are developing or considering selling seems to gray out before your eyes, remind yourself of the people who need and will benefit from it. Remember its purpose in their lives.

Look again. Use your freshly reawakened emotions to "see" the product in a new way. Perhaps you will find parts of the product that are very consumer-friendly but that you have failed to bring out in your design or marketing; use this as your chance to improve the presentation. Conversely, you may find features or statements that are less consumer-friendly than you would like; use this insight to revise your approach.

Discuss. Fess up to your dejected mood with fellow staffers and associates. Put it on the table as a point of discussion. Ask, what are we doing with this product and why? Does it meet the needs of the buying public in view of recent developments?

Address the public mood. If some of your marketing language now seems out of touch with the current mood, ask yourself what adjustments you can make.

Be prudent in this inquiry. After all, you dont want to do anything that will make your firm seem as if it is using scare tactics to sell policies or deliberately instilling fear in clients, especially those who are old, frail, and/or traumatized by recent events.

However, you certainly do want to remember your highest purposes, and to align your product messages and business practices with them.

Sensitive, intelligent, and responsive service, born of commitment to your products, industry, and sound business practices, will do much to help restore the sense of security clients so desperately need.

As bad as things are now, do not forget that people will return to tending to their financial affairs. Your presence, conduct, and commitment are needed far more than you may realize to help them do what needs to be done.


Reproduced from National Underwriter Life & Health/Financial Services Edition, October 1, 2001. Copyright 2001 by The National Underwriter Company in the serial publication. All rights reserved.Copyright in this article as an independent work may be held by the author.


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