Licensed Insurance Agent Salary at Plico Inc BETA

How much does a Plico Inc Licensed Insurance Agent make?

As of January 2025, the average annual salary for a Licensed Insurance Agent at Plico Inc is $71,203, which translates to approximately $34 per hour. Salaries for Licensed Insurance Agent at Plico Inc typically range from $62,322 to $85,107, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

PLICO Inc Overview

Website:
plico.com
Size:
<25 Employees
Revenue:
$10M - $50M
Industry:
Insurance

PLICO, Inc. provides professional liability coverage and risk solutions for physicians, hospitals, and other healthcare providers and facilities. The company offers solutions for risks associated with medical directorships, consulting, and administrative services. It offers medical professional liability, hospital professional liability, and errors and omissions coverages, as well as solutions for privacy and cyber liability, and medical billing risks. The company also provides risk management services. PLICO, Inc. was formerly known as Physicians Liability Insurance Company and changed its name to PLICO, Inc. in June 2014. The company was founded in 1979 and is based in Oklahoma City, Oklahoma. As of September 1, 2015, PLICO, Inc. operates as a subsidiary of Medical Protective Insurance Services, Inc.

See similar companies related to Plico Inc

What Skills Does a person Need at Plico Inc?

At Plico Inc, specify the abilities and skills that a person needs in order to carry out the specified job duties. 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. 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.
  2. Life insurance: Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period
  3. Presentation: Presentation conveys information from a speaker to an audience. Presentations are typically demonstrations, introduction, lecture, or speech meant to inform, persuade, inspire, motivate, build goodwill, or present a new idea/product.
  4. Health insurance: Health insurance is a type of insurance coverage that pays for health and medical expenses. Health insurance covers some or all of the costs of routine care, emergency care, and treatment for chronic illnesses.
  5. Networking: Ability to maintain, build and expand a personal and business contact list to grow one's career and business opportunities.

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Check more jobs information at Plico Inc

Job Title Average Plico Inc Salary Hourly Rate
2 Administrative Assistant $41,098 $20
3 Assistant Controller $128,641 $62
4 Office Manager $65,266 $31
5 Vice President, Information Technology $226,173 $109
6 Accountant $69,417 $33
7 Director, Outreach & Education $102,844 $49
8 Field Sales Specialist $36,461 $18
9 Vice President, Risk Management $124,468 $60
10 Vice President, Technology $233,599 $112
11 Associate Underwriter $72,808 $35
12 Chief Operating Officer $379,959 $183

Hourly Pay at Plico Inc

The average hourly pay at Plico Inc for a Licensed Insurance Agent is $34 per hour. The location, department, and job description all have an impact on the typical compensation for Plico Inc positions. The pay range and total remuneration for the job title are shown in the table below. Plico Inc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $71,203 look to you?

FAQ about Salary and Jobs at Plico Inc

1. How much does Plico Inc pay per hour?
The average hourly pay is $34. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Plico Inc?
According to the data, the highest approximate salary is about $85,107 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Plico Inc?
According to the data, the lowest estimated salary is about $62,322 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.