Insurance sales agents work for different types of insurance agencies, such as auto insurance companies, health or dental insurance agencies, life insurance companies or property insurance
companies. They sell various insurance products to people and/or businesses. They are responsible for gathering potential clients’ pertinent information, analyzing the information and determining
any premiums that are due.
What Skills and Abilities Do Insurance Sales Agents Need to Have?
Good communication skills are necessary as an insurance agent. Basic office skills are also needed. Knowledge of advertising and promotional methods should be possessed, as well as knowledge of
good sales techniques. Leadership skills should also be possessed. Knowledge of industry specific rules and regulations is needed. Insurance sales agents may also need a background in finance .
Good verbal and written skills should be possessed. The ability to make good decisions and think quickly is also necessary.
How Much Do Insurance Sales Agents Make?
Statistics show that in May 2017, the average annual income was $66,990 for insurance sales agents.
In May 2016, the average annual income was $67,760.
What’s in Store for Insurance Sales Agents?
According to statistics, a growth of 9.9 percent was expected between 2016 and 2026 for insurance sales agents.
How Many Insurance Sales Agents are Self-Employed?
In 2016, according to statistics 18.4 percent of insurance sales agents were self-employed.
What Training or Experience Do Insurance Sales Agents Need?
Some on-the-job training can be expected for insurance sales agents. Some states may require formal training and licencing.
By Kimberly Hodgkins
All written content has been contributed by Kimberly Hodgkins, Author of Careers That Pay Up To $150,000 Per Year With No Degree.
All rights reserved. No part or content of this article may be reproduced, copied or transmitted by any means or any form, including digitally, electronically, information storage systems, mechanically, photocopying, retrieval systems scanning, recording or any other type of sharing device without the written permission and consent of the author.
All content on this website is written for informational purposes only. It may be possible that it could contain errors or exclusions. The author, editors, publishers and any person(s) who was directly related in producing any content is not engaged in rendering any legal, financial or any other type of advice by publishing this website. Nothing contained in this website is intended to substitute or replace the advice or given by any legal, financial or other professionals. It is also not intended to replace common sense when applying any information contained in this website. Any career plans or choices should be made using your own judgment and other research. The author, editors, publishers and any person(s) who was directly related in producing the content in this website, assumes no responsibility for any affects, liability, loss or risks incurred from applying any of the content contained in this website on any person(s). Individuals having questions or concerns about the content contained in this website should contact a licensed or qualified professional.
Trademarks: Any product names, brand names or company names that appear within are registered trademarks, trade names, trademarks or service marks with their respective owners or companies.
1 U.S. Department of Labor, Bureau of Labor Statistics. Occupational Employment Statistics: Occupational Employment and Wages. Retrieved from (http://www.bls.gov/oes).
2 U.S. Department of Labor, Bureau of Labor Statistics. Occupational Employment Statistics: Occupational Employment and Wages. Retrieved from (http://www.bls.gov/data) Employment Projections.