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Life Insurance Wholesaler Salary in Illinois

How much does a Life Insurance Wholesaler make in Illinois? The salary range for a Life Insurance Wholesaler job is from $44,049 to $59,080 per year in Illinois. 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
$51,246
Per Year
The average salary for a Life Insurance Wholesaler is $51,246
per Year in Illinois.
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
$44,049
$51,246
Medium
$59,080

Highest Paying Cities for Life Insurance Wholesaler in Illinois

Here are the top eight that pay the highest Life Insurance Wholesaler salary in IL. Due to the cost of living in different locations, the Life Insurance Wholesaler salary will also be different. Chicago with the highest wage for the Life Insurance Wholesaler in Illinois has a high living wage too. Explore more salary information by clicking the city name.

States with Higher Salaries for Life Insurance Wholesaler

Life Insurance Wholesaler works in Illinois will receive the highest salary in the United States, followed by California, New Jersey. These states have more job opportunities than other places. At the same time, the competition will be fiercer too. People need to improve their competitiveness to get a job in these cities.

How Much Do Similar Professions Get Paid in Illinois?

The Life Insurance Wholesaler jobs have a lot of different directions. And, the job title can also be quite different from in diverse companies. Some job titles may not include the Life Insurance Wholesaler, while they have the Life Insurance Wholesaler responsibilities. So, here are some similar jobs and their salaries. Click the link which you are interested in to explore more data.
Life Insurance
Average salary
United States
$47,002
per Year
Life Insurance Agent
Average salary
United States
$44,416
per Year
Life Insurance Broker
Average salary
United States
$97,741
per Year
Life Insurance Specialist
Average salary
United States
$57,393
per Year
Life Insurance Underwriter
Average salary
United States
$58,733
per Year
Life Insurance Manager
Average salary
United States
$66,128
per Year

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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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Bedford Park pays the highest Life Insurance Wholesaler wage. Get personal salary report to explore more salary information in different cities.
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The Life Insurance Wholesaler salary range is $44,049 to $59,080 in IL.
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