How much does a Sales Representative I - Licensed make in Memphis, TN? The average Sales Representative I - Licensed salary in Memphis, TN is $44,464 as of May 28, 2024, but the range typically falls between $40,490 and $49,537. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Sales Representative I - Licensed Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Sales Representative I - Licensed Salary $36,872 Memphis,TN May 28, 2024
25th Percentile Sales Representative I - Licensed Salary $40,490 Memphis,TN May 28, 2024
50th Percentile Sales Representative I - Licensed Salary $44,464 Memphis,TN May 28, 2024
75th Percentile Sales Representative I - Licensed Salary $49,537 Memphis,TN May 28, 2024
90th Percentile Sales Representative I - Licensed Salary $54,155 Memphis,TN May 28, 2024
25% $40,490 10% $36,872 90% $54,155 75% $49,537 $44,464 50%(Median) Didn’t find job title? Click
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What skills does a Sales Representative I - Licensed need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.

Insurance Sales: Insurance sales involves selling various types of insurance to customers, including home, life, health and auto insurance. Primary goal is to get information about clients' needs and match them with insurance policies they offer.

3.

Pharmaceutical Sales: Pharmaceutical Sales refers to informing and selling clinicians about the medical benefits of dosing patients with their company's product. Liaising with and persuading targeted doctors to prescribe our products utilizing effective sales skills.

Customer Service 10.82%
Insurance Sales 1.96%
Pharmaceutical Sales 1.43%
Others 85.79%
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Job Description for Sales Representative I - Licensed

Sales Representative I - Licensed conducts business development and sales activities with existing consumer banking customers and new prospects to increase sales of financial products and expand the customer base. Develops leads with customer profile development, telemarketing, and promotional events. Being a Sales Representative I - Licensed maintains a broad understanding and detailed knowledge of the current financial product offerings. Assesses customer needs, explains each product's characteristics and benefits, and makes recommendations that align with the customer's financial objectives. Additionally, Sales Representative I - Licensed may require a bachelor's degree. Completion of the FINRA Series 6 Investment Company Products/Variable Contract Limited Representative qualification exam and any required state licensing is required. Also requires completion of the FINRA Series 63 Uniform Securities Agent State Law Examination and any state licensing. Typically reports to a supervisor or manager. The Sales Representative I - Licensed work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Sales Representative I - Licensed typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Sales Representative I - Licensed in Memphis, TN
  • ​* In order to be considered, applicants must have an active Health Insurance license. . Work remotely from your home (must work from your license resident...
    - 4 Days Ago
  • ​* In order to be considered, applicants must have an active Health Insurance license. . Work remotely from your home (must work from your license resident...
    - 4 Days Ago
  • ​* In order to be considered, applicants must have an active Health Insurance license. . Work remotely from your home (must work from your license resident...
    - 4 Days Ago
  • AmeriPro Roofing, one of the largest residential roofing contractors in the nation is immediately Hiring. Outside Sales Representatives in the Nashville me...
    - 2 Days Ago
  • Build your best future with the Johnson Controls team. . As a global leader in smart, healthy and sustainable buildings, our mission is to reimagine the pe...
    - 2 Days Ago

Career Path for Sales Representative I - Licensed

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Sales Representative I - Licensed, the upper level is Sales Representative II - Licensed and then progresses to Sales Representative III - Licensed.

Those that have already made the climb...
Patrick J. Haveron, Co-Chief Executive Officer and Chief Financial Officer
Maiden Holdings, Ltd., through its subsidiaries, provides property and casualty reinsurance solutions to regional and specialty insurers in Europe, the United States, and internationally. It operates in two segments, Diversified Reinsurance and AmTrust Reinsurance. The company writes treaties on a quota share basis and... More
Fiscal Year Ended in 2022
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Sales Representative I - Licensed salary varies from city to city. Compared with national average salary of Sales Representative I - Licensed, the highest Sales Representative I - Licensed salary is in San Francisco, CA, where the Sales Representative I - Licensed salary is 25.0% above. The lowest Sales Representative I - Licensed salary is in Miami, FL, where the Sales Representative I - Licensed salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Sales Representative I - Licensed, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
40490
49537
44464

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
43457
54750
47528
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Sales Representative I - Licensed in Memphis, TN. The base salary for Sales Representative I - Licensed ranges from $40,490 to $49,537 with the average base salary of $44,464. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $43,457 to $54,750 with the average total cash compensation of $47,528.
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How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

40490
49537

 

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How much should you be paid?

About Memphis, Tennessee    Memphis is a city located along the Mississippi River in southwestern Shelby County, Tennessee, United States. The 2017 city population was 652,236, m....More

Memphis, Tennessee  area prices were up 1.3% from a year ago    View the Cost of Living in Memphis, Tennessee

Sales Representative I - Licensed Salary in popular cities: NashvilleKnoxvilleChattanooga

Skills associated with Sales Representative I - Licensed: Banking Products, Needs Based Selling, Financial Needs Assessment, Business Development ...More

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