Insurance Producer Salary
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How much does an Insurance Producer make? The average Insurance Producer salary is $94,383 as of June 27, 2024, but the salary range typically falls between $81,383 and $115,293. 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.
Salary range for an Insurance Producer
$81,383 to $115,293
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What does an Insurance Producer do?
Common responsibilities of an Insurance Producer
Support policy holders by responding to inquiries regarding insurance availability, eligibility, coverages, policy changes, transfers, claim submissions and billing clarification.
December 28, 2022
Develop and acquire new business revenue through sales to new and existing clients with emphasis on individuals and businesses with high revenue.
January 02, 2023
Assist account managers with the negotiation of new and renewal business opportunities.
February 16, 2023
Meet sales goals and retain relationships with key stakeholders after prospects become clients with an eye toward cross-sell and round-out opportunities.
February 21, 2023
Required to obtain the appropriate state licensing with 90 days of hire.
March 03, 2023
Provide work direction as appropriate to new business specialists to ensure all aspects of client on-boarding are completed properly and in a timely manner.
March 15, 2023
Follow the company HR Policy, the Code of Business Conduct and all subsidiary and department policies and procedures, including protecting confidential company information, attending work punctually and regularly, and following good safety practices in all activities.
April 20, 2023
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Explore JobArchitectInsurance Producer Salary in Major Cities
This chart shows the salary comparison for Insurance Producer between major cities. San Francisco City consistently ranks #1 as of June 27, 2024. Click on the chart to see the detail salary data for Insurance Producer in each city.
Insurance Producer Salary by State
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- District of Columbia
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- Nevada
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
Insurance Producer Salary by City
Click to see the salary for Insurance Producer in these major U.S. cities.
| City Name | Average Salary |
|---|---|
| San Francisco, CA | $117,978 |
| Washington, DC | $105,048 |
| Miami, FL | $91,079 |
| Chicago, IL | $99,007 |
| Boston, MA | $105,803 |
| New York, NY | $110,239 |
| Dallas, TX | $93,156 |
If you'd like know Insurance Producer Salary in other cities, then please select a city in
Average Salary Range for Insurance Producer
Average Base Salary
Core compensation
81383
115293
Average Total Cash Compensation
Includes base and annual incentives
What is the average salary for Insurance Producer in 2024?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Producer in the United States. The base salary for Insurance Producer ranges from $81,383 to $115,293 with the average base salary of $94,383. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $84,464 to $123,475 with the average total cash compensation of $99,308.
View Average Salary for Insurance Producer as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $94,383 | $81,383 - $115,293 |
| Bonus | $4,925 | $3,081 - $8,182 |
| Total Pay | $99,308 | $84,464 - $123,475 |
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.
Estimate Salary for Insurance Producer online for free
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Please enter the following pay factors for Insurance Producer, to get a real-time salary target.
If you want to get more detailed salary information, please view Professional Salary Report
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81383
115293
Similar Jobs to Insurance Producer
Comments about Insurance Producer
What's the difference between Insurance Sales Producer and Insurance Producer?
According to our latest salary estimation on June 27, 2024. The average salary of Insurance Producer is $94,383, and the average salary of Insurance Sales Producer is $48,091. The average salary of Insurance Sales Producer is lower than Insurance Producer. ( 2024-06-27 salary.com )
I am an Insurance Producer, which location’s salary is higher, Auburn, AL or Bentonville, AR?
Bentonville, AR typically sees higher pay than Auburn, AL for Insurance Producer. an Insurance Producer Salary in Bentonville, AR is $85,322 as of June 27, 2024; an Insurance Producer Salary in Auburn, AL is $83,245 as of June 27, 2024. ( 2024-06-27 salary.com )
Insurance Producer Frequently Asked Questions
Why does the salary of an Insurance Producer vary from city to city?
The cost of living is tied to salaries.
If the expenses are higher in a particular city, then the wage level will be higher as well to afford the people can opportunity to live there.
This is why you're always going to make more money in New York City for example, than in a small town. ( 2024-06-27 salary.com )
What are the Pay Factors for Insurance Producer?
Salary ranges for an Insurance Producer can vary widely, depending on the city and several other pay factors, including (but not limited to) education level, certifications, additional skills, and work experience.
Click here to view Eight Factors That Can Affect Your Pay ( 2024-06-27 salary.com )
How the Pay Factors Influence Your Pay?
Salaries are ultimately dictated by the position being applied to, and hiring company,
but there are several important pay factors that come into play based on your individual history that could impact your value to the company.
Salary.com's Personal Salary Report will analyze these factors for you to help you maximize your earning potential. ( 2024-06-27 salary.com )
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Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role
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Last Update: June 27, 2024