Project your income
Insurance Career Income Simulator takes one year’s production and plays it
forward. First-year commission is the easy part; the point of the page is
everything that stacks behind it, which is renewals, bonuses, career benefit and
APF landing in years you’re no longer selling those policies.
Set your inputs
Section titled “Set your inputs”- Press
⌘Kand pickIncome projection. - Drag
Average FYC per Yearto the production you’re modelling. - Set
Annual Premium per Policy. - Fill in
Monthly EPS (Years 1-2)andAnnual PA Premium. - Give it an
Annual Growth Rateif your production is meant to climb. - Set
Years to Show.
Average FYC per Year runs from $5,000 to $200,000 in steps of $1,000 and opens
at $36,000. Annual Premium per Policy runs from $1,000 to $10,000 in steps of
$100 and opens at $2,400.
Policies Sold per Year is the one figure you can’t type. It’s worked out from
the two sliders above it, and it’s the number of policies that FYC implies at
that premium.
Annual Growth Rate starts at 0% and reaches 30%. It compounds, so 10% means each
year’s FYC is 10% above the one before it rather than 10% above the first.
Years to Show runs from 5 to 40 and opens at 11, which is far enough for APF to
have started.
Read the three summary cards
Section titled “Read the three summary cards”Total and the number of years is everything the table adds up to. Average Annual Income divides that by the same number of years. The third card names the
final year on its own, which is the closest thing on the page to a steady-state
figure.
Read the chart
Section titled “Read the chart”Income Visualization has two tabs. Income Layers stacks one bar per year out
of FYC, EPS, bonuses, renewals, career benefit, APF and PA commission, so you can
watch the bottom band shrink as a share while the bar grows.
Show Passive vs Active collapses those seven into two: what you earned by
selling this year, and what arrived from work you’d already done.
Stacking is the other tab, and it follows each year’s policies as a cohort.
Read and edit the table
Section titled “Read and edit the table”Income Breakdown by Year is the same numbers in full: FYC, EPS, SPI,
AI, SPI Rate, Renewals, Career Benefit, APF, PA Commission and
Total Income. With the passive switch on it adds Active % and Passive %.
Every cell in it can be typed over. Click one, type your figure, press Enter, and that year is pinned to your number while the rest of the table carries on from it. An overridden cell is outlined so it doesn’t disappear into the rest.
Export PDF Report writes the inputs, the table and the totals out as a file you
can hand to someone.
Where the numbers come from
Section titled “Where the numbers come from”Calculation Reference at the bottom lists every rule the table uses.
FYC is 35% of annual premium times policies sold. AI is a flat 5% of FYC. EPS
is your monthly figure times 12, in years 1 and 2 only. PA commission is 30% of
the annual PA premium times the year number, so it stacks.
Renewals pay on the five years behind each one: 15% of premium on last year’s policies, then 8%, 5%, 5% and 1.5%. Career benefit is a share of those renewals, 80% in years 3 to 5, 90% in years 6 to 8, 95% in years 9 and 10, and 100% from year 11. APF starts in year 7 at 2% of the cumulative premiums on everything older than 6 years.
SPI moves with the FYC figure itself. The reference gives new consultants 8% on
FYC between S$5,000 and S$14,999, and tiers from 14% at S$15k up to 36% at S$80k
and above.
Why can’t I change the 35%?
This page fixes it. Policies Sold per Year and the FYC line are both built on
35%, and nothing here lets you move it. For a different commission rate, use
Activity → FYC under Sales Tools instead.
What happened to the commission calculator?
It’s a tab on the same page, when your district has it. The strip at the top
offers Income Calculator and Commission Calculator, and the app remembers
which one you were last in, so that’s where the calculator opens next time.
Do my edits and slider positions come back tomorrow?
No. The page starts at its defaults every time. Export PDF Report is the way to
keep a run.
The calculator isn’t in my menu.
It’s a district module, and yours doesn’t have it switched on. District modules are switched on by the ActivityTracker team. See Why a page or tab is missing for you.