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Insurance Producer Salary (United States)

The average pay for an Insurance Producer is $35,694 per year. Most people move on to other jobs if they have more than 20 years' experience in this career.
Insurance Producer Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$22,011 - $63,707
(Median)
22K
36K
48K
64K
MEDIAN: $35,694
10%
50%
75%
90%
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Insurance Producer Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$9.96 - $18.40
(Median)
10
11
13
16
18
MEDIAN: $13.00
10%
25%
50%
75%
90%
Add this chart to your site: 640px    300px

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$22K$44K$66K
Salary
$22,011 - $63,707  
   
Bonus
$0.00 - $10,375  
Profit Sharing
$695 - $5,872  
Commission
$0.00 - $21,674  
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).
)
$22,205 - $65,054  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 355
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$11$22$33
Hourly Rate
$9.96 - $18.40  
   
Overtime
$0.00 - $27.15  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$22K$44K$66K
Bonus
$0.00 - $10,375  
   
Commission
$0.00 - $21,674  
Profit Sharing
$695 - $5,872  
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).
)
$22,205 - $65,054  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 220
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Location:
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Job Description for Insurance Producer

Insurance producers are licensed and trained in sales and customer service, and they are responsible for selling insurance and insurance-related products to prospective clients. Additionally, insurance producers must ensure that the policies they offer comply with all insurance regulations, maintain a knowledge of all commercially available products and monitor all clients' insurance policies to be sure that the highest level of service is provided. Insurance producers must also maintain excellent relationships with current clients, which may help secure new client referrals; this includes resolving any client issues and claims quickly and efficiently.
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Insurance Producer Tasks
  • Process the paperwork to enroll customers in policies and calculate premiums.
  • Explain insurance policies to customers and help them customize policies to fit their needs.
  • Sell insurance policies to businesses or individuals.
  • Utilize referrals, phone calls, mailings, and other forms of advertising to generate new customers.

Insurance Agent Job Listings

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Popular Employer Salaries for Insurance Producer

Popular Skills for Insurance Producer

Pay by Experience Level for Insurance Producer

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference By Location

Cleveland
up arrow 79%
Seattle
up arrow 39%
Chicago
up arrow 30%
Phoenix
up arrow 14%
National Average
$35,000
Philadelphia
up arrow 8%
Denver
up arrow 28%
Larger circles over a city indicate a job is popular in that location.

Related Job Salaries

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Experience Affects Insurance Producer Salaries

National Average
$35,000

Skills That Affect Insurance Producer Salaries

Sales
up arrow 4%
Insurance
up arrow 1%
National Average
$35,000
Customer Service
up arrow 2%

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 133 votes.

Gender

Female
70%
female alumni
 
Male
30%
male alumni

Years of Experience

Less than 1 year
3%
1-4 years
43%
5-9 years
26%
10-19 years
21%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 41% dental benefits Dental: 28%
vision benefits Vision: 20% employee benefits None: 58%