2. $300,000. $20.43 is the 25th percentile. ZipRecruiter salary estimates, histograms, trends and comparisons are derived from both employer job postings and third party data sources. Insurance and Financial Services Position - State Farm Agent Team... Account Representative - State Farm Agent Team Member (Sales experience preferred), Remote Life Insurance Agent - Pre-Qualified Leads (License Required), ZipRecruiter, Inc. © All Rights Reserved Worldwide. Find your next high paying job as an The average Insurance Agent salary in the United States is $51,381 as of October 28, 2020, but the range typically falls between $46,927 and $57,961. Sales engineer. Highest paying cities in United States for Entry Level Insurance Agents. The follow up question, however posed a different result. Wages below this are outliers. Average Salary For Insurance Agents . When we asked random people this question on social media and on the streets of northern Virginia, 80% of those whom answered were more inclined to do business with an individual displaying letters after their name. Rosenhaus has … ... Big commissions can boost earnings for driven insurance agents. 2. 26 salaries reported. Importantly, these example jobs are paid between $3,567 (3.9%) and $29,464 (32.3%) more than the average Independent Insurance Sales Agent salary of $91,323. It’s tough to be a insurance agent nowadays, and more and more of them are losing confidence in their own profession.. Independent Insurance Sales Agent Most common benefits for Entry Level Insurance Agents. State Farm is one of the best car insurance companies for drivers who prefer to work with an agent rather than manage their policy online. Check the below Indeed career pages for the detailed pay ranges for the similar professions to entry level insurance agent here: 266 salaries reported, updated at Dec 04, 2020. Salaries above this are outliers. We’ve identified 10 cities where the typical salary for an Independent Insurance Sales Agent job is above the national average. Based on recent job postings on ZipRecruiter, the Independent Insurance Sales Agent job market in both Ashburn, VA and the surrounding area is very active. Santa Clara, CA beats the national average by $16,443 (18.0%), and Lakes, AK furthers that trend with another $18,361 (20.1%) above the $91,323 average. $53.37 is the 75th percentile. The average Insurance Agent salary in Texas is $50,531 as of November 25, 2020, but the range typically falls between $46,150 and $57,001. 17, 2019 Without fail, in surveys across basically every demographic, the number one most important aspect of a job for most people is the salary — how much do insurance agents get paid … Top-paying jobs Anesthesiologists take home a median $292,000 salary annually. Independent Insurance Sales Agent Salary Comparison by Location. Health Care Market Exchange. Your privacy is our priority. Wages above this are outliers. Aug 17, 2013 Aug 5, 2013 by Brandon Gaille. ADP is an exclusive provider of employee payroll data for ZipRecruiter. Who are the top insurance agents in the world? 7 Stats and Habits of the Highest Paid Real Estate Agents. $3,846 is the 90th percentile. For example, your job is to sell credit card processing services to … The insurance carriers industry was the next highest paying industry, where agents earned an average salary of $61,210 per year, the BLS reports. 5 salaries reported. An Independent Insurance Sales Agent in your area makes on average $92,576 per year, or $1,253 (1%) more than the national average annual salary of $91,323. per year. A Real Estate Agent’s Typical Day. 315 salaries reported. The best-paid 25 percent made $77,930 that year, while the lowest-paid 25 percent made $36,040. $16,666 is the 90th percentile. Virginia ranks number 12 out of 50 states nationwide for Independent Insurance Sales Agent salaries. ADP and the ADP logo are registered trademarks of ADP, Inc. As the numbers show, there is a wide range of possible incomes for insurance agents. 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. The top respondents for the job title Insurance Agent are from the companies State Farm Insurance Company, Allstate and Farmers Insurance Group. Salary estimates are based on 2,436 salaries submitted anonymously to Glassdoor by Insurance Agent employees. Importantly, Lakes, AK has a moderately active Independent Insurance Sales Agent job market with only a few companies currently hiring for this type of role. Wages above this are outliers. Data used to develop this report includes ADP data. This list of notable insurance agents is … Explore Entry Level Insurance Agent openings. $9,250 is the 75th percentile. With both types of insurance agents, the individual agent acts as a liaison between the customer and the insurance company. While the amount of people majoring in courses preparing people for a job as a insurance agent isn’t necessarily dropping, fewer and fewer people are applying to become insurance agents in the first place and the workforce itself is looking grim. “Letters after your name can only be good,” says Bonnie Shindelman of Falls Church, VA. To learn more about Compensation Estimates, please see our $817 is the 25th percentile. By clicking the button above, I agree to the ZipRecruiter Terms of Use and acknowledge I have read the Privacy Policy, and agree to receive email job alerts. A captive agent is an insurance agent who only works for one insurance company. Filter by location to see Insurance Agent salaries in your area. In the United States alone, there are over 390,000 (Three Hundred and Ninety Thousand) real estate agents, of which about 57% are males and 43% are females. With life insurance and annuity products, the commission paid to the selling agent is typically built into the policy. $3,541 is the 25th percentile. Highest-Paying Career Options in the Insurance Industry There are several high-paying careers in the insurance industry that make an annual median salary greater than … The widespread devastation caused by the collective disasters of the consecutive hurricanes Katrina, Rita and Wilma in… The national average salary for a Insurance Agent is $41,091 in United States. 1. Appearing back-to-back on this year’s list are two of the industry’s highest-profile agents: No. The average pay range for an Independent Insurance Sales Agent varies greatly (by as much as $68,500), which suggests there may be many opportunities for advancement and increased pay based on skill level, location and years of experience. What you’d do: Sales engineers sell complex scientific and technological products … If you know your password, you can go to the sign in page. 319+ Independent Insurance Sales Agent Jobs, Nearby Independent Insurance Sales Agent Jobs. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession. List of famous insurance agents, with photos, bios, and other information when available. If you’re unsure about what salary is appropriate for an entry level insurance agent, visit Indeed's Salary Calculator to get a free, personalized pay range based on your location, industry and experience. Waco, TX. Insurance sales agents commonly sell one or more types of insurance, such as property and casualty, life, health, and long-term care insurance. Topping the list is Lakes, AK, with San Francisco, CA and Santa Clara, CA close behind in the second and third positions. Salaries above this are outliers. The salary and employment information is computed from data published by … $2,134 is the 75th percentile. Affiliate Commissions: $40 for pay per call lead; $5 for qualified … The median annual wage for insurance agents was $48,150. Learn more: $42,500 is the 25th percentile. 1. While ZipRecruiter is seeing annual salaries as high as $201,000 and as low as $19,500, the majority of Independent Insurance Sales Agent salaries currently range between $42,500 (25th percentile) to $111,000 (75th percentile) with top earners (90th percentile) making $200,000 annually across … Other Factors Other factors that may impact a commercial insurance agent's earnings are his level of experience and if he is paid a commission or bonus. The lowest paid 10% of insurance agents earned less than $26,120 annually. Insurance Sales Agents made a median salary of $50,600 in 2018. $111,000 is the 75th percentile. According to the Bureau of Labor Statistics, the median pay for an "insurance sales agent" is $50,560 per year or $24.33 per hour as of the latest data from 2018.   If you’re qualified, getting hired for one of these related Independent Insurance Sales Agent jobs may help you make more money than that of the average Independent Insurance Sales Agent position. Insurance agents get paid for bringing in new business and ensuring existing customers renew their policies. With these 10 cities having average salaries higher than the national average, the opportunities for economic advancement by changing locations as an Independent Insurance Sales Agent appears to be exceedingly fruitful. This is the equivalent of $1,756/week or $7,610/month. Underwriters. The Payment Structure of an Insurance Agent. Annuity Agent Commissions Are Built Into the Policy . Insurance agents may be paid … The 10 States With The Highest Insurance Agent Salaries For 2019 By Chris Kolmar - May. 24 salaries reported. Every insurance policy has to be underwritten, which means looking at the person or … Allstate Insurance: Michael Lee Financial Inc, Insurance Account Position - State Farm Agent Team Member (Sales experience preferred). on ZipRecruiter today. Get better results by entering a location. We're sending you an email for you to verify and access your account. Wages above this are outliers. per year. Individuals in the lowest 10% earned up to $27,500 per year, while those in the highest 10% earned at least $125,610 annually. This includes the most prominent insurance agents, living and dead, both in America and abroad. Insurance agents, authors, credit card processing professionals, multilevel marketing participants and actors are good examples of people who often receive monthly, quarterly, semiannual or annual residual income. While ZipRecruiter is seeing annual salaries as high as $201,000 and as low as $19,500, the majority of Independent Insurance Sales Agent salaries currently range between $42,500 (25th percentile) to $111,000 (75th percentile) with top earners (90th percentile) making $200,000 annually across the United States. The Associate in Personal Insurance designation is sneaking onto our list of the top 5 insurance designations because it is only one extra exam after the CPCU® designation and it is a great way to transition into a few of the insurance designations listed above.The API™ designation is an Insurance Institute of America designation consisting of only three exams, two of which (CPCU® 555 and CPCU® 556… 100% of those whom answered had no clue what those letters stood for or meant. Anchorage, AK. While ZipRecruiter is seeing annual salaries as high as $100,000 and as low as $17,500, the majority of Insurance Agent salaries currently range between $30,500 (25th percentile) to $60,500 (75th percentile) with top earners (90th percentile) making $87,500 annually across the United States. Property and casualty insurance agents sell policies that protect people and businesses from financial loss resulting from automobile accidents, fire, theft, and other events that can damage property. When you try and find out the average salary of a life insurance agent, because of the factors above, it is very hard to say. The possibility of a lower cost of living may be the best factor to use when considering location and salary for an Independent Insurance Sales Agent role. $96.15 is the 90th percentile. Top examples of these roles include: Insurance Agencies, Life Insurance Sales Manager, and Car Insurance Agent. A captive agent is paid by that one company, usually with a … 2017 Grateful Grads Index: Top 200 Best-Loved Colleges Full List: The World's Highest-Paid Actors And Actresses 2017 Meet The Richest Self-Made Women On Wall Street 2017 Was the salaries overview information useful? Salaries above this are outliers. $64,159. Data source tooltip for average base salary. Demand for insurance agents is high and growing, making it an attractive potential career. Get an estimated calculation of how much you should be earning and insight into your career options. Wages below this are outliers. Twenty individuals with ties to the insurance industry made Forbes' list of the world's wealthiest, and include a part-owner of the Chicago Bears, a … FAQ. Finally, another factor to consider is the average salary for these top ten cities varies very little at 6% between Lakes, AK and Germantown, MD, reinforcing the limited potential for much wage advancement. Just in case you need a simple salary calculator, that works out to be approximately $43.91 an hour. Salaries below this are outliers. Insurance companies issue annuities, and if you put $100,000 into an annuity, you will see $100,000 on your statement, and $100,000 will go to work for you. Gideon du Plessis failed in the 10th standard and never went to college. As shown in the table, with an annual salary of $71,830, Massachusetts is the highest paying state for insurance sales agents. 19 Rich Paul. *Salary estimates (ZipEstimate) are not verified by employers; actual compensation can vary considerably. Dallas, TX. Salaries below this are outliers. We found at least five jobs related to the Independent Insurance Sales Agent job category that pay more per year than a typical Independent Insurance Sales Agent salary. 18 Drew Rosenhaus and No. Salaries above this are outliers. The position's pay can vary drastically, with the … Compare salaries for Entry Level Insurance Agents in different locations, Common questions about salaries for an Entry Level Insurance Agent. As of Dec 3, 2020, the average annual pay for an Independent Insurance Sales Agent in the United States is $91,323 a year. $200,000 is the 90th percentile. The highest paid 10% of insurance agents earned more than $116,940 annually. Houston, TX. Wages above this are outliers. To estimate the most accurate annual salary range for Independent Insurance Sales Agent jobs, ZipRecruiter continuously scans its database of millions of active jobs published locally throughout America. Highest paying cities in Texas for Insurance Agents. It is followed by New Hampshire (average annual salary $64,380).