Life Insurance Agents rake in the most money, with average earnings of $78K per year; Sales Associates come in second with average earnings amounting to about $62K, while Insurance Agents and Benefits Coordinators rank near the top as well ($44K and approximately $40K, respectively). Financial compensation for Insurance Sales Agents is rather low — on average only around $35K — relative to the rest of the company.
American Income Life Insurance Company workers in Texas earn the most — $48K annually on average.
Years of Experience
Those who have five to nine years of work experience see average salaries of $31K per year. Broken down by tenure, the largest share of American Income Life Insurance Company employees (52 percent) have one to four years of experience and earn approximately $39K annually on average.
Certifications and Degrees
Being a Licensed Insurance Agent certainly has its perks — salaries approach about $44K per year and far exceed the paychecks of those without certification. On average, salaries rise to $40K annually for accredited Licensed Life Insurance Agents. The best paid folks at American Income Life Insurance Company have a Bachelor of Business Administration (BBA), earning $42K per year.
The best-paying skill to have in this role appears to be Team Leadership; employees who claim this ability report median compensation of around $50K annually. A relatively widespread skill at American Income Life Insurance Company is Microsoft Office; slightly less than a third of employees use it for work. Customer Service, Microsoft Excel, and Insurance are also desirable skills.
Benefits and Perks
Just over two-fifths of workers set aside retirement funds in an employer-sponsored 401(k). Perks cover health insurance for a majority of respondents and dental coverage for approximately two in five workers. A few more workplace perks are flexible hours and a casual working environment.