$28,687
Avg. Salary
$14.10
Avg. Hourly Rate

Average additional compensation:

$1,015

Bonus

$4,000

Profit Sharing

$4,998

Commission

What am I worth?
How should I pay?

The average pay for an Insurance Sales Representative is $14.10 per hour.

The average pay for an Insurance Sales Representative is $28,687 per year.

10%
$10.38
10%
$14.10
50%
$19.36
90%
90%
MEDIAN $14.10
10%
$20k
10%
$29k
50%
$41k
90%
90%
MEDIAN $28,687
$19,894 - $40,950
$20K
$29K
$41K
MEDIAN: $28,687
10%
50%
90%

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$10.38 - $19.36
$10
$14
$19
MEDIAN: $14.10
10%
50%
90%

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$0$45K
Salary $19,894 - $40,950
Bonus $0.00 - $9,819
Profit Sharing $4,000
Commission $1,039 - $13,596
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).
)
$22,063 - $45,504
  • Country: United States
  • Currency: USD
  • Updated: 13 Mar 2019
  • Individuals Reporting: 144
Hourly Data $0$22
Hourly Rate $10.38 - $19.36
Overtime $17.00 - $22.70
Annual Data $0$45K
Bonus $0.00 - $9,819
Commission $1,039 - $13,596
Profit Sharing $4,000
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).
)
$22,063 - $45,504
  • Country: United States
  • Currency: USD
  • Updated: 13 Mar 2019
  • Individuals Reporting: 117

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.

Read More...
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.

Insurance Sales Representative Job Listings

Pay by Experience Level for Insurance Sales Representative

Pay by Experience for an Insurance Sales Representative has a positive trend. An entry-level Insurance Sales Representative with less than 5 years of experience can expect to earn an average total compensation of $31,000 based on 91 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Insurance Sales Representative with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $37,000 based on 31 salaries. An experienced Insurance Sales Representative which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $41,000 based on 28 salaries. An Insurance Sales Representative with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $41,000 based on 9 salaries.

Key Stats for Insurance Sales Representative

Gender

Female
73 %
Male
27 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 75 votes.
Less than 1 year
9%
1-4 years
54%
5-9 years
17%
10-19 years
16%
20 years or more
4%

Experience Affects Insurance Sales Representative Salaries

▲24%

▲22%

▲10%

National Average
$33,000

▼6%

Skills That Affect Insurance Sales Representative Salaries

▲2%


National Average
$33,000

Insurance
▼1%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 75 votes.

Gender

Female
73 %
Male
27 %

Years of Experience

Less than 1 year
9%
1-4 years
54%
5-9 years
17%
10-19 years
16%
20 years or more
4%

Common Health Benefits

medical benefits
Medical: 22%
dental benefits
Dental: 15%
vision benefits
Vision: 10%
no benefits
None: 75%