How Much Does an Insurance Agent/ Insurance Professional make?

Insurance Agent/ Insurance Professional made a median salary around $170,949 in December, 2022. The best-paid 25 percent made $229,279 probably that year, while the lowest-paid 25 percent made around $134,194. 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.
Based on HR-reported data: a national average with a geographic differential
25% $134,194 10% $100,730 90% $282,386 75% $229,279 $170,949 50%(Median)
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Best-Paying Cities for Insurance Agent/ Insurance Professional

The metropolitan areas that pay the highest salary in the Insurance Agent/ Insurance Professional profession are San Jose , San Francisco , Oakland , New York , Queens Village .
San Jose, CA $214,541
San Francisco, CA $213,687
Oakland, CA $208,558
New York, NY $200,865
Queens Village, NY $199,156

Best-Paying States for Insurance Agent/ Insurance Professional

The states and districts that pay Insurance Agent/ Insurance Professional the highest salary are Alaska (around $191,634) , California (around $190,950) , District of Columbia (around $190,147) , New Jersey (around $189,002) , and Massachusetts (around $185,993) .
Alaska $191,634
California $190,950
District of Columbia $190,147
New Jersey $189,002
Massachusetts $185,993

What is the Career Path of Insurance Agent/ Insurance Professional?

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 Insurance Agent/ Insurance Professional, the upper level is Insurance Managing Broker , and then progresses to Insurance Broker Executive
Besides, Insurance Agent/ Insurance Professional can also turn to other related jobs, including Insurance Professional , Insurance Sales Professional , Insurance Broker and Insurance Managing Broker .

Frequently Asked Questions for Insurance Agent/ Insurance Professional

Q: What is the salary range of Insurance Agent/ Insurance Professional?
A: In 2022 , the lowest-paid Insurance Agent/ Insurance Professional earned an average annual salary of $134,194 , while the highest-paid made $229,279.
Q: What is the salary for an Insurance Agent/ Insurance Professional in California?
A: Insurance Agent/ Insurance Professional employed in California earned an average salary of $190,950 in 2022.

Average Insurance Agent/ Insurance Professional Pay vs. Other Jobs

Insurance Agent/ Insurance Professional earned an average salary of $170,949 in 2022. Other jobs related to Insurance Agent/ Insurance Professional earned the following average salary in December, 2022. Insurance Professional made $39,327 , Insurance Sales Professional made $50,877 , Insurance Broker and Insurance Managing Broker made $88,473 and $225,945 respectively .

Relevant Jobs of Insurance Agent/ Insurance Professional

Insurance Professional - Average Salary $39,327
There is currently no job description for Insurance Professional, be the first to submit the job responsibilities for Insurance Professional.
Insurance Sales Professional - Average Salary $50,877
There is currently no job description for Insurance Sales Professional, be the first to submit the job responsibilities for Insurance Sales Professional.
Insurance Broker - Average Salary $88,473
Insurance Broker develops and markets customer business to different insurance carriers to obtain quotes based on an evaluation and analysis of the customer's insurance needs and requirements. Assesses and negotiates quotes from different carriers based on exposure, risk, and financing. Being an Insurance Broker develops recommendations to advises customers on the best options that will meet their needs and to place and retain the business. Requires knowledge of complex insurance products and a variety of lines such as commercial property & casualty, employee benefits, and others. Additionally, Insurance Broker requires a bachelor's degree. Requires insurance licensing. May also require professional credentials such as CPCU (Chartered Property Casualty Underwriter), CIC (Certified Insurance Counselor), or ARM (Associate in Risk Management). Typically reports to a supervisor or manager. The Insurance Broker occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be an Insurance Broker typically requires 2 -4 years of related experience.
Insurance Managing Broker - Average Salary $225,945
Insurance Managing Broker develops and markets customer business to different insurance carriers to obtain quotes based on an evaluation and analysis of the customer's insurance needs and requirements. Assesses and negotiates quotes from different carriers based on exposure, risk, and financing. Being an Insurance Managing Broker develops recommendations to advise customers on the best options that will meet their needs and to place and retain the business. Requires knowledge of complex insurance products and a variety of lines such as commercial property & casualty, employee benefits, and others. Additionally, Insurance Managing Broker requires a bachelor's degree. Requires insurance licensing. May also require professional credentials such as CPCU (Chartered Property Casualty Underwriter), CIC (Certified Insurance Counselor), or ARM (Associate in Risk Management). Typically reports to a supervisor or manager. The Insurance Managing Broker work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. To be an Insurance Managing Broker typically requires 7+ years of related experience.
Insurance Broker Executive - Average Salary $246,972
Insurance Broker Executive directs the marketing of customer business to different insurance carriers to obtain quotes based on an evaluation and analysis of the customer's insurance needs and requirements. Leads team to obtain and negotiate quotes from different carriers, meet profitability targets, drive customer satisfaction and retention. Being an Insurance Broker Executive ensures efficient operational processes. May lead the most complex accounts and deals. Additionally, Insurance Broker Executive has deep knowledge of complex insurance products and multiple lines such as commercial property & casualty, employee benefits, and others. Requires insurance licensing. May also require professional credentials such as CPCU (Chartered Property Casualty Underwriter), CIC (Certified Insurance Counselor), or ARM (Associate in Risk Management). Requires a bachelor's degree. Typically reports to senior management. The Insurance Broker Executive typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be an Insurance Broker Executive typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments.