Insurance Sales Agent Pay
Insurance sales agents made a median salary of 50 600 in 2018.
Insurance sales agent pay. Apply to insurance agent sales representative travel agent and more. Salary estimates are based on 1 053 salaries submitted anonymously to glassdoor by insurance sales agent employees. As of jul 28 2020 the average annual pay for the life insurance sales jobs category in the united states is 86 826 a year. The median annual wage for insurance sales agents was 50 940 in may 2019.
An entry level insurance sales agent with less than 1 year experience can expect to earn an average total compensation includes tips bonus and overtime pay of c 39 657 based on 40 salaries. The national average salary for a insurance sales agent is 38 874 in united states. Salary ranges can vary widely depending on many important factors including education certifications additional skills the number of years you have spent in your profession. 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. How to become an insurance sales agent. The best paid 25 percent made 77 930 that year while the lowest paid 25 percent made. Insurance sales agents help insurance companies generate new business by contacting potential customers and selling one or more types of insurance.
As an example the cost of living index in california is 135 9 and the average pay is 76420 so our index value would be. 76 420 100 135 9 56 232 we then ranked every state on this criteria with the state with the highest salary index ranking as highest average salary for insurance agents. Filter by location to see insurance sales agent salaries in your area. Although most insurance sales agents work for insurance brokerages selling the policies of several companies some work directly for a single insurance company.
An entry level insurance sales agent with less than 1 year experience can expect to earn an average total compensation includes tips bonus and overtime pay of 33 026 based on 298 salaries. While ziprecruiter is seeing annual salaries as high as 150 500 and as low as 24 000 the majority of salaries within the life insurance sales jobs category currently range between 61 000 25th percentile to 100 000 75th percentile across the united states.
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