The average salary for a Life Insurance Agent is $40,484.
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What Do Life Insurance Agents Do?
Life insurance agents help families plan for the future and protect their assets. They must not only be skilled salespeople, but also possess skills in analyzing financial clients' needs, assessing risk, and understanding which organizational offerings will match clients' desires.
Life insurance agents primarily works with prospective clients to help assess the extent of their needs. They look at salaries, retirement funds, and other inputs, as well as talk directly with potential customers to …Read more
Job Satisfaction for Life Insurance Agent
Popular Employer Salaries for Life Insurance Agent
Explore the most common career paths for Life Insurance Agent. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner
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Customer Service Representative (CSR)
Software Quality Assurance (SQA) Tester
Somewhat common (8 - 20%)
Life Insurance Agent Job Listings
What Are Popular Skills for Life Insurance Agents?
Skills in Insurance and Customer Relations are correlated to pay that is above average. Skills that pay less than market rate include Presentation, Customer Service and Sales.
What is the Pay by Experience Level for Life Insurance Agents?
An entry-level Life Insurance Agent with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $39,380 based on 30 salaries. An early career Life Insurance Agent with 1-4 years of experience earns an average total compensation of $48,539 based on 67 salaries. A mid-career Life Insurance Agent with 5-9 years of experience earns an average total compensation of $39,531 based on 24 salaries. An experienced Life Insurance Agent with 10-19 years of experience earns an average total compensation of $35,610 based on 11 salaries. In their late career (20 years and higher), employees earn an average total compensation of $50,000.
Pay Difference by Location
Employees with Life Insurance Agent in their job title in Houston, Texas earn an average of 48.2% more than the national average. These job titles also find higher than average salaries in New York, New York (48.2% more). The lowest salaries can be found in Dallas, Texas (13.5% less).
Years of Experience
This data is based on 144 survey responses.