The Future Compensation Model for Insurance Advisors at a Swiss Insurance Company

In a time of increasing demands, this thesis examines how the compensation system for client advisors at a Swiss insurance company can be made future-proof in order to sustainably strengthen motivation, fairness, and long-term customer relationships.

Aline Gautschi, 2025

Art der Arbeit Bachelor Thesis
Auftraggebende A Swiss Insurance company
Betreuende Dozierende Hirsiger, Marcel
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Client advisors play a critical role, not only in selling products, but also in building long-term customer relationships and strengthening the company’s position within the Swiss insurance market. In an increasingly dynamic and competitive environment, employee motivation, satisfaction, and performance have become just as important as the product offering itself. A well-designed, transparent, and performance-oriented compensation system can significantly contribute to higher motivation and quality of advice, directly influencing customer satisfaction and business success.
The thesis combines an extensive literature review with qualitative interviews conducted with client advisors, general agents, and members of the executive management at a Swiss insurance company. First, the requirements of modern compensation systems in advisory roles were analyzed and compared to the existing model. In the second phase, the interviews identified concrete needs, experiences, and areas for improvement. Based on these findings, key areas for action and recommendations for further development of the compensation model were formulated
The analysis shows that the company's current compensation system demonstrates strengths for performance-driven employees, but also reveals structural weaknesses in fostering long-term motivation, fairness, and comprehensive customer advisory services. The findings point towards several promising directions for further development: First, a greater differentiation of contract models appears useful to better address different role profiles and responsibilities. Second, a target system is recommended that more strongly supports long-term development and customer loyalty. Third, comprehensive and time-intensive customer consultations should be explicitly recognized and compensated to sustainably increase both advisor motivation and customer satisfaction. Overall, the study provides a solid foundation for how the compensation system can be further developed to ensure future viability, transparency, and balance.
Studiengang: Business Administration International Management (Bachelor)
Keywords Insurance, Compensation Model, Client Advisor
Vertraulichkeit: vertraulich
Art der Arbeit
Bachelor Thesis
Auftraggebende
A Swiss Insurance company, Zürich
Autorinnen und Autoren
Aline Gautschi
Betreuende Dozierende
Hirsiger, Marcel
Publikationsjahr
2025
Sprache der Arbeit
Englisch
Vertraulichkeit
vertraulich
Studiengang
Business Administration International Management (Bachelor)
Standort Studiengang
Olten
Keywords
Insurance, Compensation Model, Client Advisor