Insurance Sales Representative in Chicago, Illinois Salary

An Insurance Sales Representative in Chicago, Illinois earns an average salary of $27,800 per year. People in this job generally don't have more than 10 years' experience.

$20,426 - $73,404
$20K
$29K
$73K
MEDIAN: $28,707
10%
50%
90%

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$11.96 - $16.89
$12
$15
$17
MEDIAN: $15.11
10%
50%
90%

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$0$73K
Salary $20,426 - $73,404
Bonus $507 - $16,768
Commission $10,174
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).
)
$26,054 - $61,825
  • Country: United States
  • Currency: USD
  • Updated: 18 Jan 2018
  • Individuals Reporting: 12
Hourly Data $0$16
Hourly Rate $11.96 - $16.89
Overtime $16.00
Annual Data $0$61K
Bonus $507 - $16,768
Commission $10,174
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).
)
$26,054 - $61,825
  • Country: United States
  • Currency: USD
  • Updated: 18 Jan 2018
  • Individuals Reporting: 13

Job Description for Insurance Sales Representative

The insurance sales representative takes on the responsibility of communicating with new and existing clients for the purpose of selling insurance policies, advising clients, and gathering information. These representatives are tasked not only with selling a policy to clients, but also with developing strong working relationships by getting to know clients' needs, resources, and property or persons to be insured. As many insurance agencies offer many different types of insurance, the insurance sales representative must know all available policies and remain up to date on organizational practices and requirements.

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Insurance Sales Representative 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.

About Chicago, Illinois

Cook County, Illinois
2,720,556
Male:
1,320,015 (48.5%)
Female:
1,400,541 (51.5%)
Chicago (/ʃᵻˈkɑːɡoʊ/ or /ʃᵻˈkɔːɡoʊ/), officially the City of Chicago, is the third-most populous city in the United States. With over 2.7 million residents, it is the most populous city in the state of Illinois and the Midwestern United States, and the county seat of Cook County. The Chicago metropolitan area, often referred to as Chicagoland, has nearly 10 million people and is the third-largest in the U.S. Chicago was incorporated as a city in 1837, near a portage between the Great Lakes and the Mississippi River watershed, and grew rapidly in the mid-nineteenth century. The city is an international hub for finance, commerce, industry, technology, telecommunications, and transportation: O'Hare International Airport is the second-busiest airport in the world when measured by aircraft traffic; the region also has the largest number of U.S. highways and rail road freight. In 2012, Chicago was listed as an alpha global city by the Globalization and World Cities Research...
Chicago:
$50,702
Illinois:
$59,588
$985
Chicago:
$238,500
Illinois:
$180,300
6.3%

Insurance Sales Representative Job Listings

Key Stats for Insurance Sales Representative

Gender

Female
58 %
Male
42 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 7 votes.
Less than 1 year
12%
1-4 years
56%
5-9 years
32%

Experience Affects Insurance Sales Representative Salaries

Mid-Career
▲5%

National Average
$34,000

▼2%

Skills That Affect Insurance Sales Representative Salaries

Sales
▼0%

National Average
$34,000

Insurance
▼2%

Customer Service
▼3%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 7 votes.

Gender

Female
58 %
Male
42 %

Years of Experience

Less than 1 year
12%
1-4 years
56%
5-9 years
32%

Common Health Benefits

medical benefits
Medical: 53%
dental benefits
Dental: 41%
vision benefits
Vision:
no benefits
None: 41%