Insurance Producer Salary

The average pay for an Insurance Producer is $35,468 per year. Most people move on to other jobs if they have more than 20 years' experience in this career.
Read More
$21,450 - $61,112
(Median)
$21K
$35K
$61K
MEDIAN: $35,467
10%
50%
90%

Add this chart to your site: 640px    300px

$9.91 - $18.39
(Median)
$9
$13
$18
MEDIAN: $13.00
10%
50%
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$21K$42K$63K
Salary
$21,450 - $61,112  
   
Bonus
$0.00 - $11,931  
Profit Sharing
$-0.49 - $7,047  
Commission
$0.00 - $22,426  
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).
)
$21,792 - $62,342  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 512
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
$9.91 - $18.39  
   
Overtime
$0.00 - $27.81  
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 - $11,931  
   
Commission
$0.00 - $22,426  
Profit Sharing
$-0.49 - $7,047  
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).
)
$21,792 - $62,342  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 313
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

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.

Read More...

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

Search for more jobs:

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

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Insurance Producer Salaries




National Average
$35,000


Skills That Affect Insurance Producer Salaries

Sales
up arrow 2%

National Average
$35,000

Insurance
up arrow 1%

Customer Service
up arrow 3%

Customer Relationship Management (CRM)
up arrow 7%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 159 votes.

Gender

Female
70 %
Male
30 %

Years of Experience

Less than 1 year
4%
1-4 years
47%
5-9 years
21%
10-19 years
20%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 39% dental benefits Dental: 26%
vision benefits Vision: 19% employee benefits None: 60%
ADVERTISEMENT