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Insurance Sales Agents

General Information

Description

Sell life, property, casualty, health, automotive, or other types of insurance. May refer clients to independent brokers, work as an independent broker, or be employed by an insurance company.

Business Breakdown

People in this career work in these sectors.

  1. Private, for profit72.29%
  2. Self-employed24.97%
  3. Private, not for profit1.98%
  4. State and local government0.38%
  5. Federal government0.23%

Workplace at a Glance

What you can expect to experience while on the job

  • Responsibility
  • Exposure to job hazards
  • Physical activity
  • Decision making
  • Repetitiveness
  • Level of competition
  • Time pressure

Industry areas

  • Finance

Job Outlook

Employment of insurance sales agents is projected to grow 6 percent from 2021 to 2031, about as fast as the average for all occupations. About 52,700 openings for insurance sales agents are projected each year, on average, over the decade. Many of those openings are expected to result from the need to replace workers who transfer to different occupations or exit the labor force, such as to retire.

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Job Outlook

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Employment of insurance sales agents is projected to grow 6 percent from 2021 to 2031, about as fast as the average for all occupations. About 52,700 openings for insurance sales agents are projected each year, on average, over the decade. Many of those openings are expected to result from the need to replace workers who transfer to different occupations or exit the labor force, such as to retire.

Similar Careers

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Salary

Average Salary

Salary

$49,840

State-by-state Salary

Gray states indicate no data available

$78,360
$30,020
No Information for this section

Education

Most Common Education Levels

People in this career achieve this level of education.

  • Bachelor's degree 39%
  • Associate's degree 15%
  • High school 14%
  • Post-secondary certificate 14%
  • Some college 8%
  • Post baccalaureate 7%
  • Master's degree 0%
  • Doctoral degree 0%
  • Less than high school 0%
  • Post-doctoral training 0%
  • Post-master's certificate 0%
  • First professional degree 0%

Related College Majors

Select major to see colleges that offer it

Knowledge

  • Customer and Personal Service
  • Sales and Marketing
  • Education and Training
  • English Language
  • Mathematics

Skills at a Glance

Skills helpful in this career

  • Verbal skills
  • Critical thinking & problem solving
  • Equipment operation & maintenance
  • Math & science skills
  • Technology design & control
  • Leadership
No Information for this section

* Military pay may be higher based on specialty pays or bonuses. Learn more about Military benefits.

Data supplied by Bureau of Labor Statistics, National Center of Education Statistics, Defense Manpower Data Center (View our update schedule). Contact any business, college or military service branch to answer additional questions.