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I knew many individuals who had earned an MBA before or during their insurance careers. They preformed in many disciplines from actuary to sales. Some became executives while others preferred to function at the individual contributor level.
What I am saying is that your personality and interests and experience will have more to do with the role that you play than a generalist advanced degree. For example, I was once the VP Marketing for a new, small insurance company that brought in a Harvard trained MBA as a consultant. I had a difficult time getting through to her that in an agency environment the independent agent was our partner. Her work experience was in a direct sales software environment and her transition to working through an intermediary was difficult. She was inclined to use all her Harvard knowledge to develop direct prospecting tools that didn't carry a message that promoted our agent.
So, where are you more comfortable, what interests you? Would you rather analyze procedures and numbers or do you want to be the hunter who beats the bushes for new business. Either path can lead to executive responsibilities if that is where you want to go.
Your question is very broad. Your MBA will not guarantee a job or a position, however, it does open many doors for you to receive a higher pay grade as well as promotion. What are you interested in doing? Do you desire a management or leadership type position? Why did you obtain a MBA degree? What are your short-term and long-term goals? These are just some of the questions that quickly came to mind with the question in which you have posed.