Insurance Agent

October 30, 2016

Insurance Agent Job Description

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

Insurance Agent Salary Statistics as of 2015

Average annual salary for a Insurance Agent is $36012 based on statistics in the U.S. as of 2015. The highest salary recorded was $68136. The lowest salary reported was $22078. These figures will vary on a state to state basis as these are averages across all 50 states.

Median hourly wage for a Insurance Agent is $12.455 based on statistics in the U.S. as of 2015. The highest hourly rate recorded was $16.81. The lowest hourly rate recorded was $8.1. These figures will vary on a state to state basis as these are averages across all 50 states.

Bonuses for a Insurance Agent are based on the years of experience using statistics from the U.S. as of 2015. The average bonus recorded was $509 from people with 15+ years of experience. The average bonus recorded was $1000 from people with under 1 year of experience.

These are the highest paying states for a Insurance Agent. These numbers are based of the median annual salary as of 2015.
California – $22,301 – $100,613
Florida – $25,025 – $83,524
Georgia – $17,618 – $50,335
New York – $20,671 – $55,149
North Carolina – $21,096 – $58,723
Texas – $23,834 – $71,488
Virginia – $20,273 – $46,245

These are the highest paying cities for a Insurance Agent. These numbers are based of the median annual salary as of 2015.
Houston, Texas –
Dallas, Texas –
Tampa, Florida –
San Antonio, Texas –
Phoenix, Arizona –
Chicago, Illinois –
Des Moines, Iowa –

This chart outlines the average annual salary of a Insurance Agent from the past 5 years. In 2015 the average annual salary was $36012 while in 2007 it was just $33396.9

How To Become An Insurance Agent

Becoming an insurance agent is not difficult at all. In fact, aside from some form of a college degree, there are no other requirements to the job. Most of the early days you spend as an insurance agent will be in front of the phone. You will be calling people to drum up business, or going from business to business trying to get them interested in buying insurance. You HAVE to be a good salesman, otherwise you will fail at this job.

Job Outlook

Gender Statistics

Related Jobs

25%

75%

Based on our stats gathered across the U.S. 25% of Insurance Agents were males while 75% were females. These numbers are based on averages across all states combined. Some individual states may have a much different ratio however.

Past Jobs

Customer Service Representative (CSR)
$19,511 – $41,583
Office Manager
$24,343 – $56,605
Administrative Assistant
$21,316 – $43,559

Future Jobs

Insurance Sales Agent
$21,949 – $75,160
Administrative Assistant
$21,316 – $43,559
Branch Manager, Insurance Office
$26,810 – $106,229