The average hourly pay for an Insurance Agent at Farmers Insurance Group is $13.46.
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$10 - $19
$149 - $9,787
$546 - $8,319
$22,367 - $50,123
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Job Description for Insurance Agent
Insurance is a general term for a type of prepaid policy that provides a policy holder with a financial benefit in case of calamity. Common kinds of policies include auto insurance, health insurance, life insurance, long-term disability coverage, and property/renter's insurance. An insurance agent typically sells one or more type of policy from an office environment such as an agency, brokerage firm, or insurance company. Insurance agents who work for a brokerage firm will likely sell policie…Read more
Insurance Agent Tasks
- Sell insurance policies to businesses or individuals.
- Utilize referrals, phone calls, mailings, and other forms of advertising to generate new customers.
- 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.
Popular Employer Salaries for Insurance Agent
The top respondents for the job title Insurance Agent are from the companies State Farm Insurance Company, Allstate and Geico. Reported salaries are highest at Usaa Insurance where the average pay is $18.48. Other companies that offer high salaries for this role include Geico and AAA Insurance Company, earning around $17.59 and $16.48, respectively. Nationwide Mutual Insurance Company pays the lowest at around $12.77. Allstate Insurance Company and Allstate also pay on the lower end of the scale, paying $14.13 and $14.27, respectively.
Insurance Agent Job Listings
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Popular Skills for Insurance Agent
Avg. Hourly Rate
Skills in Insurance, Customer Service, Sales and Customer Relationship Management (CRM) are correlated to pay that is above average. Skills that pay less than market rate include Customer Relations.
Pay by Experience Level for Insurance Agent
An entry-level Insurance Agent with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $12.00 based on 7 salaries. An early career Insurance Agent with 1-4 years of experience earns an average total compensation of $12.27 based on 37 salaries. A mid-career Insurance Agent with 5-9 years of experience earns an average total compensation of $16.00 based on 17 salaries. An experienced Insurance Agent with 10-19 years of experience earns an average total compensation of $0.00 based on 8 salaries.
Years of Experience
This data is based on 69 survey responses.