Salary for Insurance Sales Agents
Also known as: Health Insurance Sales Agent, Insurance Agent, Insurance Broker, Life Insurance Agent, Life Insurance Salesperson, Pension Agent
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SEE MORE SALARIES FOR FINANCE PROFESSIONALSInsurance sales agents market and reach out to clients in an effort to sell and provide a variety of insurance policies. Policies may include health, property, casualty, automotive or home coverage that could aid businesses and individuals alike. Insurance sales agents work between policy holders and company management to determine plans that meet client needs, interests and budgets. They aide clients in calculating policy estimates and maintain detailed records of all policy transactions. They quickly and efficiently answer client questions concerning policies, comparisons and scenarios leading to the need for insurance coverage. In general, a four year university degree is required for employment in this professional post.
An Insurance Sales Agent receives a compensation in a range of 48000 to 72000 based on seniority. Insurance Sales Agents earn a pay level of Sixty Two Thousand Six Hundred dollars annually.
Insurance Sales Agents can get the best pay in Rhode Island, where they receive an average job salary of approximately $80280. This group of people can make the most money in Health Care and Social Assistance, where they can receive average pay levels of $67820.
The annual compensation for this career has gone up since 2004. Salaries have increased by an average of 12.34 percent nationwide in that time.
Insurance Sales Agents tend to make the most in the following industries:
In general, they earn less within the industries below: