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Salary and Benefits

Licensed Insurance Agent
$48K-$58K / yr. (est.)
$48K
$53,451 / year
$59K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Licensed Insurance Agent

What does a Licensed Insurance Agent do?

As a Licensed Insurance Agent, our primary tasks include providing advice and support to clients in selecting appropriate insurance policies to meet their needs. We analyze clients' current insurance portfolios and suggest necessary changes or additional coverage. We educate clients about different types of insurance products and explain policy details to ensure they understand the coverage and benefits. We also handle the application and renewal processes, as well as assist clients with claims and policy adjustments. Furthermore, we stay updated with industry regulations and insurance legislation to ensure compliance.

Core tasks:

  • Advising clients on suitable insurance policies.
  • Analyzing and updating clients' insurance portfolios.
  • Educating clients about insurance products and benefits.
  • Assisting clients with claims and policy adjustments.
  • Staying updated with industry regulations and legislation.

Insights

How Many Years of Experience Do Professionals Need Before Becoming Licensed Insurance Agent?
On average, people work 7+ years in other positions prior to becoming a Licensed Insurance Agent.
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Licensed Insurance AgentNew York City, NY - A year ago
😠 7 years wasted when I could have been slinging insurance policies!
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Licensed Insurance AgentSeattle, WA - A year ago
Yup, it takes a lot of time to learn the ins and outs of the industry.
How Long Do Licensed Insurance Agent Employees Typically Stay in Their Roles?
On average, Licensed Insurance Agents works in this position for 3-5 years across multiple employers.
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UnderwriterHouston, TX - A year ago
Those who stay in the industry for 3-5 years have already gained ample experience. Kudos to them!
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Customer Service RepresentativeMiami, FL - A year ago
🙄 Well, the turnover rate in this industry explains why I have to deal with so many new agents all the time.
What Is the Job Hopper Score for Licensed Insurance Agent Employees?
Frequent job changes in Licensed Insurance Agent, indicating a willingness to change companies and roles more frequently.
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Licensed Insurance AgentHouston, TX - A year ago
I've hopped from one insurance company to another, and let me tell you, it's worth it! Each change has brought better opportunities and higher pay. 💸
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Licensed Insurance AgentPhiladelphia, PA - A year ago
Job changes? In the insurance industry, it's necessary to adapt and learn new skills to meet evolving customer needs. Embrace change! 🚀

Career path

Path to job

Discover a Licensed Insurance Agent's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Licensed Insurance Agent typically studied at.
Kaplan University
Texas A&M University-Texarkana

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Licensed Insurance Agent Employees?
Gender ratio in Licensed Insurance Agent position: 0.546331802283932 Male and 0.453668197716068 Female. Age ratio in Licensed Insurance Agent position: 16-20: 8%, 21-30: 49%, 31-40: 21%, 41-50: 13%, 51-60: 7%, 60+: 2%. Licensed Insurance Agent position is predominantly male (54.6%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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Licensed Insurance AgentPhoenix, AZ - A year ago
These numbers are just statistics. They can't capture the hard work and dedication I put into my career as a licensed insurance agent. 💪
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Licensed Insurance AgentMiami, FL - A year ago
As a 60+ licensed insurance agent, it's frustrating to see my age group so underrepresented. We bring wisdom and experience to the table! 🤦

Workplaces

Who Are the Top Employers for Licensed Insurance Agent?
Top employers of Licensed Insurance Agent position: Allstate, HealthMarkets, New York Life. People who work in Licensed Insurance Agent position most typically go on to work for the Allstate.
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Licensed Insurance AgentNew York City, NY - A year ago
New York Life is a prestigious company to work for. They offer excellent benefits and opportunities for career growth.
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Licensed Insurance AgentDallas, TX - A year ago
HealthMarkets has allowed me to work independently and be my own boss. It's a great option for those who want more control over their career.
Allstate
HealthMarkets
New York Life
What Industries Does Licensed Insurance Agent Typically Have Experience In?
Industry Background: The most typical industries of Licensed Insurance Agent: Finance & Insurance, Health Care, Administrative & Support, Information Technology, Real Estate / Rental / Leasing. Licensed Insurance Agent employees most likely come from a Finance & Insurance industry background.
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Licensed Insurance AgentHouston, TX - A year ago
Y'all, being a Licensed Insurance Agent in Houston is one hot ride! With all the hurricanes and flood risks, insurance is a hot topic. It's like a never-ending rollercoaster of claims and policies. 🎢
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Licensed Insurance AgentMiami, FL - A year ago
Living the life as a Licensed Insurance Agent in Miami, where the sun is shining and the insurance knowledge is sizzling hot! But watch out for the occasional hurricane threat, it can really shake things up! ☀

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Discussion about Licensed Insurance Agent

Want to know more about Licensed Insurance Agent position?
Share your thoughts and ideas about Licensed Insurance Agent position with others in our community.
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Do a lot of women work as a Licensed Insurance Agent?
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Sophie Hayes3 years ago
The women/men ratio is well balanced.
How old are people who work as a Licensed Insurance Agent?
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Sophie Hayes3 years ago
The typical age is 32.
Is a Licensed Insurance Agent considered to be a junior profession?
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Benjamin Gardner3 years ago
7 years of experience is needed on average for a Licensed Insurance Agent.
Which industries have a lot of people working in Licensed Insurance Agent roles?
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Isabella Holmes3 years ago
Finance & Insurance employs the most.
Is a degree needed to work as a Licensed Insurance Agent?
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Liam Brown3 years ago
No higher education is the typical for a Licensed Insurance Agent
Which company are you working for as a Licensed Insurance Agent?
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Benjamin Gardner3 years ago
Most people work for Allstate, HealthMarkets, New York Life, New York Life Insurance Company and State Farm
How many years of experience as a Licensed Insurance Agent is needed in average to switch to another position?
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Isabella Holmes3 years ago
On average people change after 4 years.
Is it frequent for people to switch companies and still work as a Licensed Insurance Agent?
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Liam Brown3 years ago
It’s likely to work for multiple companies while holding the same title.
What work history do people usually have before becoming a Licensed Insurance Agent?
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Isabella Holmes3 years ago
You have a good chance of becoming a Licensed Insurance Agent if you are working as Customer Service Representative, Insurance Agent or Agent
What are the typical next steps for someone working as a Licensed Insurance Agent?
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Benjamin Gardner3 years ago
Financial Services Professional, Insurance Agent or Customer Service Representative are good next steps for a Licensed Insurance Agent
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Disclaimer

informationLENSA generates certain information provided on this website by compiling and analyzing publicly available data and data from employees/former employees. All company names are the registered trademarks of their original owners. The use of any trade name or trademark does not imply any association with the third-party company. None of the information provided is endorsed in any way by any of the companies mentioned. We do not guarantee the accuracy, currency, or suitability of this information (including regarding demographics or salary estimate) and you are responsible for how you use it. ALL INFORMATION IS PROVIDED “AS IS” AND “WITH ALL FAULTS”. We are not responsible for nor endorse third party content on our website. If you notice any inaccurate information or information you think is proprietary you can email us at [email protected]. See our Terms and Conditions and Community Guidelines for more information.