Insurance Sales Agents: Salary, Job Description, How To Be One and More

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Insurance Sales Agents jobs information
pros and cons of being an Insurance Sales Agent

Insurance Sales Agents

Other names for this job might include Account Executive, Account Leader, Account Manager, Account Representative, Account Specialist, Accounts Executive, Agent, Bond Writer, Broker, Burial Agent


  • $64790
    Salary
  • 67%
    Job satisfaction
  • Quite Hard
    Becoming one
  • Medium
    Job growth
OwlGuru Rank

C+



Insurance Sales Agents: Know It All In 1 Minute


In this career summary, you will find out what the job of An Insurance Sales Agent is about and what it is like.

After reading this, you will have a good idea on what the job is about and decide if this is the right career for you.



Job description

Insurance Sales Agents sell life, property, casualty, health, automotive, or other types of insurance. May refer clients to independent brokers, work as an independent broker, or be employed by an insurance company.


    Read more about what does An Insurance Sales Agent really do at work and what is it like being and working as one.


    Become one

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    Salary

    Average salary
    $64790 per year

    Hourly wage
    $31.15 an hour


    Insurance Sales Agents with little to no experience tend to make between $26330 and $34220 while the more experienced ones make over $74320 per year.

    Top 5 paying statesHourlyAnnual
    MN$45.21$94040
    NY$39.68$82540
    MA$37.58$78160
    WI$36.78$76500
    CA$35.78$74420

    1 of the easiest ways to increase your salary as An Insurance Sales Agent is to move to a higher paying state like MN. Right now, the highest paying states for Insurance Sales Agents are MN, NY, MA, WI and CA.

    However a higher pay at MN doesn’t guarantee that you will make more because the living expenses at MN might be 2x higher than where you are currently at now.

    3 other factors that can increase your salary as An Insurance Sales Agent is the degree you hold, the industry you work in and lastly the company you work for (bigger companies like the Fortune 500 companies tend to pay more).

    Find out how much do successful Insurance Sales Agents make and if their salary is high when compared to all the other careers.


    Requirements

    Recommended degree level
    Bachelor’s Degree

    We asked other Insurance Sales Agents what degree they had when they got the job and most of them said they had a Bachelors degree followed by High School Diploma.

    Other than that we also asked them what did they major in and here are the most popular majors that came up.

    Insurance

    Another popular question from our readers is what makes An Insurance Sales Agent successful or would they be good in this career.

    Well, we found that most successful Insurance Sales Agents have these 5 skillsets.

    Active Listening
    Reading Comprehension
    Writing
    Speaking
    Critical Thinking

    In addition to that, 1 common characteristic among successful Insurance Sales Agents is they are good at Integrity. Here are the top 5 common characteristics.

    Integrity
    Attention to Detail
    Dependability
    Initiative
    Stress Tolerance
    = Hot in-demand that most employers are looking for

    Read more about what it really takes to become An Insurance Sales Agent and the degree, training and education you need


    Pros and Cons

    Here are some reasons why you should and shouldn’t choose An Insurance Sales Agent as your career.

    PROS
    Suitable for people who likes to start and carry out projects
    Suitable for people who values relationships between coworkers and customers and wants to work in a friendly noncompetitive environment
    This career is perfect for people who love to work indoors.
    Very good salary
    Normal working hours (40 hours per week)
    CONS
    Not suitable for people who likes to work with designs
    It is hard to get into this career. A considerable amount of workrelated skill, knowledge, or experience is required for this career.


    There will be pros and cons for all jobs. The point is how much do the pros outweigh the cons to you.

    A pro to you might be a con to Bob. A pro to Bob might be a con to you. We suggest reading about this career framework that can help you to find out what type of careers are right for you.



    What is the job like

    Job satisfaction
    67%

    Is this job meaningful
    48%


    Working hours
    40 hours per week

    Working schedule
    Regular (Set schedule and routine)


    On a normal working week Insurance Sales Agents work 40 hours per week.

    67% of Insurance Sales Agents said they were satisfied with their job and 48% said they feel like their job is making other people’s lives better.



    Is this right for me

    Best personality for this career
    The Persuaders and The Organizers


    You can read more about these career personality types here.

    People who are suitable for this job tends to like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business.

    They also like following set procedures and routines. They like working with data and details more than with ideas.



    How we can help

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    Rank: B+
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    Career type

    Sales and Marketing
    Insurance Services

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    Job Description
    Salary
    Requirements
    Is This Right For Me

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    Related to Insurance Sales Agents Career Information

    Insurance Sales Agents job description, Insurance Sales Agents salary, Insurance Sales Agents information, what is the job of an Insurance Sales Agent like, pros and cons about Insurance Sales Agents, colleges and universities for Insurance Sales Agents, is Insurance Sales Agents the right career for me, Quite Hard careers to get into, careers in Sales and Marketing

    Additional resources

    http://www.bls.gov/OOH/sales/insurance-sales-agents.htm
    http://www.pianet.org/
    http://www.iii.org/
    http://www.finra.org/

    OwlGuru.com
    OwlGuru.com is a career and college finder site. We help students to find a career and college that is right for them.
    Insurance Sales Agents
    Written by: Stanley Tan
    Insurance Sales Agents sell life, property, casualty, health, automotive, or other types of insurance. May refer clients to independent brokers, work as an independent broker, or be employed by an insurance company.
    3.8 / 5 stars

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