Experienced Insurance Agent Salary

Earnings for Experienced Insurance Agents come in at around $40K per year on average. Including potential for bonuses and profit sharing — peaking near $10K and $11K, respectively — total cash payment to Experienced Insurance Agents can bottom out near $27K or peak near $72K depending on individual performance. Unfortunately, some people in this line of work are without benefits — more than two-fifths lack coverage. On the flip side, more than half have medical insurance and just under one in three receive dental plans. The vast majority (81 percent) of Experienced Insurance Agents who took the survey are female. Job satisfaction for Experienced Insurance Agents is high. Respondents to the PayScale salary survey provided the data for this report.

$25,820 - $69,747
(Median)
$26K
$40K
$70K
MEDIAN: $40,159
10%
50%
90%

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$11.75 - $21.49
(Median)
$12
$16
$21
MEDIAN: $15.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$24K$48K$72K
Salary
$25,820 - $69,747  
   
Bonus
$0.00 - $10,280  
Profit Sharing
$0.00 - $11,343  
Commission
$40.55 - $49,169  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$26,628 - $71,567  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 773
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$13$26$39
Hourly Rate
$11.75 - $21.49  
   
Hourly Tips
$2.06  
Overtime
$0.00 - $38.27  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$26K$52K$78K
Bonus
$0.00 - $10,280  
   
Commission
$40.55 - $49,169  
Profit Sharing
$0.00 - $11,343  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$26,628 - $71,567  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 301
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Skills That Affect Insurance Agent Salaries

Account Sales
up arrow 5%

Customer Relations
0%

National Average
$40,000

Insurance
up arrow 1%

Sales
up arrow 1%

Customer Relationship Management (CRM)
up arrow 2%

Inside Sales
up arrow 3%

Customer Service
up arrow 5%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 190 votes.

Gender

Female
81 %
Male
19 %

Common Health Benefits

medical benefits
Medical: 53%
dental benefits
Dental: 30%
medical benefits
Vision: 22%
dental benefits
None: 43%
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