Entry-Level Insurance Producer at State Farm Insurance Company Salary

Entry-Level Insurance Producers at State Farm Insurance Company aren't exactly in the most profitable line of business; these folks earn a belt-tightening average of $26K per year. Job satisfaction for Entry-Level Insurance Producers at State Farm Insurance Company is high. Female Entry-Level Insurance Producers at State Farm Insurance Company far outnumber their male contemporaries among survey respondents. Medical and dental coverage is claimed by less than 10 percent, and less than two percent earn vision coverage. The data in this summary comes from the PayScale salary survey.

$20,294 - $35,375
$20K
$26K
$35K
MEDIAN: $26,378
10%
50%
90%

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$10.12 - $16.55
$10
$13
$17
MEDIAN: $12.99
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$13K$26K$39K
Salary
$20,294 - $35,375  
   
Bonus
$0.00 - $7,149  
Commission
$608 - $11,693  
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).
)
$22,021 - $38,868  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 39
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$7$14$21
Hourly Rate
$10.12 - $16.55  
   
Overtime
$14.75  
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$14K$28K$42K
Bonus
$0.00 - $7,149  
   
Commission
$608 - $11,693  
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).
)
$22,021 - $38,868  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 26

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Key Stats for Insurance Producer

Gender

Female
80 %
Male
20 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 19 votes.
Less than 1 year
14%
1-4 years
82%
5-9 years
5%
Location:
Years in Fields/Career:
United States (change)

Skills That Affect Insurance Producer Salaries

Customer Relations
▲1%

National Average
$30,000

Insurance
▼1%

Sales
▼1%

Customer Service
▼2%

Customer Relationship Management (CRM)
▼4%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 19 votes.

Gender

Female
80 %
Male
20 %

Common Health Benefits

medical benefits
Medical: 8%
dental benefits
Dental: 10%
vision benefits
Vision: 2%
no benefits
None: 90%