Was the salaries overview information useful? 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. 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 … per year. 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.   We're sending you an email for you to verify and access your account. “Letters after your name can only be good,” says Bonnie Shindelman of Falls Church, VA. 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. Get better results by entering a location. 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 … Who are the top insurance agents in the world? Sales engineer. 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… To learn more about Compensation Estimates, please see our If you know your password, you can go to the sign in page. What you’d do: Sales engineers sell complex scientific and technological products … Annuity Agent Commissions Are Built Into the Policy . Wages below this are outliers. Salaries above this are outliers. 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. Dallas, TX. With life insurance and annuity products, the commission paid to the selling agent is typically built into the policy. Find your next high paying job as an This list of notable insurance agents is … Independent Insurance Sales Agent Insurance Sales Agents made a median salary of $50,600 in 2018. As the numbers show, there is a wide range of possible incomes for insurance agents. It’s tough to be a insurance agent nowadays, and more and more of them are losing confidence in their own profession.. 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. Aug 17, 2013 Aug 5, 2013 by Brandon Gaille. 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. Waco, TX. Salaries above this are outliers. 24 salaries reported. ADP is an exclusive provider of employee payroll data for ZipRecruiter. List of famous insurance agents, with photos, bios, and other information when available. As of Dec 3, 2020, the average annual pay for an Independent Insurance Sales Agent in the United States is $91,323 a year. 7 Stats and Habits of the Highest Paid Real Estate Agents. Topping the list is Lakes, AK, with San Francisco, CA and Santa Clara, CA close behind in the second and third positions. $53.37 is the 75th percentile. The position's pay can vary drastically, with the … 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. We’ve identified 10 cities where the typical salary for an Independent Insurance Sales Agent job is above the national average. $20.43 is the 25th percentile. Wages above this are outliers. The salary and employment information is computed from data published by … 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. *Salary estimates (ZipEstimate) are not verified by employers; actual compensation can vary considerably. Health Care Market Exchange. The 10 States With The Highest Insurance Agent Salaries For 2019 By Chris Kolmar - May. The follow up question, however posed a different result. 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. $64,159. 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. 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. 1. Most common benefits for Entry Level Insurance Agents. ADP and the ADP logo are registered trademarks of ADP, Inc. 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. 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. Salaries above this are outliers. 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 Wages above this are outliers. Salaries above this are outliers. 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. This is the equivalent of $1,756/week or $7,610/month. Get an estimated calculation of how much you should be earning and insight into your career options. 2. 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. Every insurance policy has to be underwritten, which means looking at the person or … 100% of those whom answered had no clue what those letters stood for or meant. Salaries below this are outliers. $3,541 is the 25th percentile. 19 Rich Paul. 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. $96.15 is the 90th percentile. 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. A captive agent is an insurance agent who only works for one insurance company. Just in case you need a simple salary calculator, that works out to be approximately $43.91 an hour. Salary estimates are based on 2,436 salaries submitted anonymously to Glassdoor by Insurance Agent employees. Filter by location to see Insurance Agent salaries in your area. Houston, TX. 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