How much does a Sales Representative - Medicare Products make in Chicago, IL? The average Sales Representative - Medicare Products salary in Chicago, IL is $64,485 as of February 26, 2024, but the range typically falls between $56,311 and $71,960. 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 - Medicare Products Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Sales Representative - Medicare Products Salary $48,869 Chicago,IL February 26, 2024
25th Percentile Sales Representative - Medicare Products Salary $56,311 Chicago,IL February 26, 2024
50th Percentile Sales Representative - Medicare Products Salary $64,485 Chicago,IL February 26, 2024
75th Percentile Sales Representative - Medicare Products Salary $71,960 Chicago,IL February 26, 2024
90th Percentile Sales Representative - Medicare Products Salary $78,765 Chicago,IL February 26, 2024
25% $56,311 10% $48,869 90% $78,765 75% $71,960 $64,485 50%(Median) Didn’t find job title? Click
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What skills does a Sales Representative - Medicare Products 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.

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.

Product Knowledge: Product knowledge is the ability to communicate information and answer questions about a product or service. It is considered an important knowledge area for any role that puts you in front of customers, investors or the media.

Customer Service 10.79%
Life Insurance 1.96%
Product Knowledge 1.44%
Others 85.81%

Job Description for Sales Representative - Medicare Products

Sales Representative - Medicare Products sells Medicare insurance products in person. Markets and presents Medicare products in different settings including senior group events and gatherings, healthcare locations, and individuals' homes. Being a Sales Representative - Medicare Products assists eligible seniors in the selection of appropriate Medicare plans and explains plan details. Qualifies prospects and closes or refers sales as applicable. Additionally, Sales Representative - Medicare Products understands and adheres to all CMS guidelines and policies. Typically requires a bachelor's degree or equivalent. Typically reports to a supervisor or manager. The Sales Representative - Medicare Products occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Sales Representative - Medicare Products typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Sales Representative - Medicare Products in Chicago, IL

Career Path for Sales Representative - Medicare Products

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 - Medicare Products, the first career path typically progresses to Sales Rep., Sr. (Bio-Medical Equip. & Supplies).

The second career path typically starts with a Sales Manager - Medicare Products position, and then progresses to Sales Director - Medicare Products.

The third career path typically progresses to Used Equipment Manager.

Additionally, the fourth career path typically starts with a Sales Representative III position, and then progresses to Sales Representative IV.

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Sales Representative - Medicare Products salary varies from city to city. Compared with national average salary of Sales Representative - Medicare Products, the highest Sales Representative - Medicare Products salary is in San Francisco, CA, where the Sales Representative - Medicare Products salary is 25.0% above. The lowest Sales Representative - Medicare Products salary is in Miami, FL, where the Sales Representative - Medicare Products salary is 2.9% 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
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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

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

Average Base Salary

Core compensation

 
 
 
56311
71960
64485

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
69637
115503
89728
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Sales Representative - Medicare Products in Chicago, IL. The base salary for Sales Representative - Medicare Products ranges from $56,311 to $71,960 with the average base salary of $64,485. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $69,637 to $115,503 with the average total cash compensation of $89,728.
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56311
71960

 

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About Chicago, Illinois    Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois  area prices were up 0.8% from a year ago    View the Cost of Living in Chicago, Illinois

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