Insurance Agent at State Farm Insurance Company with Customer Service Skills Salary

The average pay for an Insurance Agent at State Farm Insurance Company with Customer Service skills is $13.97 per hour. Most people move on to other jobs if they have more than 20 years' experience in this field.

$18,246 - $46,400
$18K
$30K
$46K
MEDIAN: $29,731
10%
50%
90%

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$10.34 - $17.94
$10
$14
$18
MEDIAN: $13.76
10%
50%
90%

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$0$46K
Salary $18,246 - $46,400
Bonus $100 - $9,000
Profit Sharing $1,500
Commission $1,000 - $20,000
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).
)
$23,077 - $46,634
  • Country: United States
  • Currency: USD
  • Updated: 14 Jan 2018
  • Individuals Reporting: 72
Hourly Data $0$23
Hourly Rate $10.34 - $17.94
Overtime $23.00
Annual Data $0$46K
Bonus $100 - $9,000
Commission $1,000 - $20,000
Profit Sharing $1,500
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).
)
$23,077 - $46,634
  • Country: United States
  • Currency: USD
  • Updated: 14 Jan 2018
  • Individuals Reporting: 66

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 policies from several different insurance companies, while those hired by an insurance company serve as salespeople for their company's products.

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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.

Insurance Agent Job Listings

Pay by Experience Level for Insurance Agent

Pay by Experience for an Insurance Agent has a positive trend. An entry-level Insurance Agent with less than 5 years of experience can expect to earn an average total compensation of $30,000 based on 65 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Insurance Agent with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $33,000 based on 7 salaries. An experienced Insurance Agent which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $35,000 based on 12 salaries. An Insurance Agent with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $47,000 based on 8 salaries.

Key Stats for Insurance Agent

Gender

Female
75 %
Male
25 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 32 votes.
Less than 1 year
9%
1-4 years
54%
5-9 years
12%
10-19 years
19%
20 years or more
6%

Experience Affects Insurance Agent Salaries

Late-Career
▲48%

Experienced
▲13%

Mid-Career
▲4%

National Average
$31,000

Entry-Level
▼6%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 32 votes.

Gender

Female
75 %
Male
25 %

Years of Experience

Less than 1 year
9%
1-4 years
54%
5-9 years
12%
10-19 years
19%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 21%
dental benefits
Dental: 14%
vision benefits
Vision: 11%
no benefits
None: 78%