Summary
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Quick Facts: Insurance Sales Agents | |
---|---|
$50,600 per year
$24.33 per hour |
|
High school diploma or equivalent | |
None | |
Moderate-term on-the-job training | |
475,900 | |
10% (Faster than average) | |
48,300 |
What Insurance Sales Agents Do
Insurance sales agents contact potential customers and sell one or more types of insurance.
Work Environment
Most insurance sales agents work in offices, although some may spend time traveling to meet with clients. Some sales agents meet with clients during business hours and then spend evenings doing paperwork and preparing presentations to prospective clients.
How to Become an Insurance Sales Agent
Although most employers only require agents to have a high school diploma, many agents have a bachelor’s degree. Agents must be licensed in the states where they work.
Pay
The median annual wage for insurance sales agents was $50,600 in May 2018.
Job Outlook
Employment of insurance sales agents is projected to grow 10 percent from 2018 to 2028, faster than the average for all occupations. Many clients do their own research and purchase insurance online. However, agents will still be needed to help clients understand their options and choose a policy that is right for them.
State & Area Data
Explore resources for employment and wages by state and area for insurance sales agents.
Similar Occupations
Compare the job duties, education, job growth, and pay of insurance sales agents with similar occupations.
More Information, Including Links to O*NET
Learn more about insurance sales agents by visiting additional resources, including O*NET, a source on key characteristics of workers and occupations.