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Life Insurance Wholesaler Salary in Duluth, MN

How much does a Life Insurance Wholesaler make in Duluth, MN? The salary range for a Life Insurance Wholesaler job is from $41,594 to $55,788 per year in Duluth, MN. Click on the filter to check out Life Insurance Wholesaler job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at December 01, 2024
$48,391
Per Year
The average salary for a Life Insurance Wholesaler is $48,391
per Year in Duluth, MN.
Individually reported data submitted by users of our website

HOW SHOULD YOU USE THIS DATA?

Employees: Use this as a guide for salary expectations, but be aware that responsibilities can change across companies for the same job title, so there may be differences between this data, other free site and our subscription products bought by employers.

Employers: This data could be used as reference point in your market pricing, but not the only source, due to differences across jobs locations, and sizes of companies.Consider additional sources like our Employer reported data.

Base Salary
$41,594
$48,391
Medium
$55,788

Highest Paying Cities for Life Insurance Wholesaler near Duluth, MN

We list eight cities that pay high wages to Life Insurance Wholesaler near Duluth. The salary difference may cause by many reasons, such as the cost of living. The competition will also be fiercer where wages are high. Click the city name to learn more about the Life Insurance Wholesaler pay level in these cities.

States with Higher Salaries for Life Insurance Wholesaler

Here are the top five states that pay the highest Life Insurance Wholesaler salary in the United States. District of Columbia takes first place with the highest Life Insurance Wholesaler salary is $55,754 per Year. California and New Jersey take the second and third place with $55,253 per Year and $54,903 per Year in the list. A higher average Life Insurance Wholesaler salary indicates a higher cost of living too.

How Much Do Similar Professions Get Paid in Duluth, MN?

The following job titles have similar responsibilities as a Life Insurance Wholesaler. However, the different job titles may have different salaries. Learn each job, and finger out the most suitable position with the highest wage for you in your city.
Life Insurance
Average salary
United States
$44,383
per Year
Life Insurance Agent
Average salary
United States
$41,942
per Year
Life Insurance Broker
Average salary
United States
$92,295
per Year
Life Insurance Specialist
Average salary
United States
$54,195
per Year
Life Insurance Underwriter
Average salary
United States
$55,460
per Year
Life Insurance Manager
Average salary
United States
$62,444
per Year

How Much Should You Be Earning?

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What Does a Life Insurance Wholesaler Do?

Life insurance wholesalers speak in meetings, conference with high-end brokers, attend dinners with clients and write advertising pitches.

December 14, 2021

Additionally, life insurance sales agents must be licensed in each state in which they work, which requires passing state specific exams about insurance fundamentals and state laws and completing continuing education courses every two years.

December 05, 2021

If life insurance wholesalers are inadequately trained, the staff that they will coach will not be able to know how to identify opportunities for life insurance sales.

December 02, 2021

In addition, life insurance wholesalers are responsible for guaranteeing that any information in print that is being handed out about their products passes all state and federal standards for insurance advertising.

November 29, 2021

Life insurance wholesalers also must have an understanding of financial markets, consumer needs and banking.

November 27, 2021

Most Common Benefits for Life Insurance Wholesaler

Social Security
Healthcare
401(k)
Pension
Disability
Time Off (days)

Frequently Asked Questions

Common questions about salaries for a Life Insurance Wholesaler
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Life insurance wholesalers speak in meetings, conference with high-end brokers, attend dinners with clients and write advertising pitches.
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Explore our personal salary report to know the Life Insurance Wholesaler market value in Duluth, MN. And find out if any places are having a higher Life Insurance Wholesaler salary.
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The average salary of a Life Insurance Wholesaler is $48,391 in Duluth, MN.
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