Know your market value with insights across roles — from individual contributors to executive pay and overall company compensation trends.
Access a suite of powerful calculators to make data-driven career decisions.
Automate pay cycles, manage job architectures, and ensure pay equity with AI-powered compensation platforms.
Access validated salary benchmarks, labor market trends, and minimum wage data to stay competitive.
Participate in and purchase industry-specific salary surveys to obtain the most accurate, peer-reported pay data.
As of August 01, 2026, the average salary for a Licensed Life Insurance Agent in Maryland is $86,474 per year, which breaks down to an hourly rate of $42.
However, a Licensed Life Insurance Agent's salary can vary significantly. Here’s a look at the typical salary range:
Compensation Planning
Develop a Job Description
Pay Equity
2026 Compensation Trend
AI Onboarding
AI-Powered Talent
Licensed Life Insurance Agent Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $97,552 | $8,129 | $1,876 | $47 |
| Average | $86,474 | $7,206 | $1,663 | $42 |
| 25th Percentile | $76,088 | $6,341 | $1,463 | $37 |
New York Life - Metro DC - Bethesda, MD
TTG Wealth Collective - Rockville, MD
Emergent Financial Group - Mount Rainier, MD
Symmetry - Baltimore, MD
A Licensed Life Insurance Agent's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Licensed Life Insurance Agent's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Insurance... Level Licensed Life Insurance Agent | $63,436 |
| Licensed ... Level Licensed Life Insurance Agent | $87,196 |
| Insurance... Level Licensed Life Insurance Agent | $154,245 |
| Insurance... Level Licensed Life Insurance Agent | $208,791 |
| Insurance... Level Licensed Life Insurance Agent | $251,308 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Licensed Life Insurance Agents. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Licensed Life Insurance Agent roles, the industry you choose can impact your earning potential by as much as 25% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Insurance, offers compensation 10% above the average. Conversely, Licensed Life Insurance Agent positions in Business Services typically offer lower base pay, as this sector often view Licensed Life Insurance Agent as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Insurance | $95,122 | $46.0 | 10% |
| Financial Services | $90,798 | $44.0 | 5% |
Understanding how a Licensed Life Insurance Agent's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $97,552 | $8,129 | $1,876 | $47 |
| Average | $86,474 | $7,206 | $1,663 | $42 |
| 25th Percentile | $76,088 | $6,341 | $1,463 | $37 |
Ready to take the next step in your career? Browse thousands of current Licensed Life Insurance Agent job openings on our job board. Use the search bar below to find your perfect match.
Pope Insurance Group LLC
Hyattsville, MD
Pope Insurance Group LLC | Hyattsville, MD
Candidate must hold a valid Life Insurance Producer's License at the time of application.Team Nexa Insurance Solutions is seeking a licensed life insurance... more
5 Days Ago
Pope Insurance Group (A Senior Life Insurance Company Agency)
Baltimore, MD
Pope Insurance Group (A Senior Life Insurance Company Agency) | Baltimore, MD
Team Nexa Insurance Solutions. Are you a licensed insurance agent looking for better support, stronger commissions, and real growth opportunities. At Team ... more
2 Days Ago
Charles Baum State Farm Insurance Agnecy
Silver Spring, MD
Charles Baum State Farm Insurance Agnecy | Silver Spring, MD
Life Insurance Producer Wanted - Ignite Your Career with State Farm's Winning Team. We are ideally seeking bilingual Spanish & English-speaking producers, ... more
5 Days Ago
Licensed Agents
Brentwood, MD
Licensed Agents | Brentwood, MD
Career Opportunities with UniTrust Financial GroupA great place to work.Careers At UniTrust Financial GroupCurrent job opportunities are posted here as the... more
2 Days Ago
Myers Nogales Solutions LLC
Rockville, MD
Myers Nogales Solutions LLC | Rockville, MD
Job Description. Job Description. We are an insurance agency focused on property and casualty, health and life insurance. We are currently looking for lice... more
1 Day Ago
Colbourne Insurance Agency Inc
Salisbury, MD
Colbourne Insurance Agency Inc | Salisbury, MD
Job Description. Job Description. We are hiring licensed Property & Casualty Insurance Sales Agents to join our growing agency in Salisbury, MD. This is a ... more
5 Days Ago
Get a Salary Increase
Analyze the market and your qualifications to negotiate your salary with confidence.
Search Job Openings
Search thousands of open positions to find your next opportunity.
Adjust Employee Salary
Individualize employee pay based on unique job requirements and personal qualifications.
Price My Industry Jobs
Get the latest market price for benchmark jobs and jobs in your industry.
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.
Explore Cost of Living CalculatorSalary.com experts will help you thrive your workplaces.
Salary.com provides salary survey data for thousands of industry Jobs.
Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Salary.com's CompAnalyst platform offers:
