Insurance Sales Agents

SOC: 41-3021 O*NET: 41-3021.00
Median Salary
$60,370
per year
Job Growth
➑️ 3.7%
Average (2024-2034)
Annual Openings
47
projected jobs/year
Education Level
Bachelor's degree or higher
Job Zone 4

Sell life, property, casualty, health, automotive, or other types of insurance. May refer clients to independent brokers, work as an independent broker, or be employed by an insurance company.

Overview

Sell life, property, casualty, health, automotive, or other types of insurance. May refer clients to independent brokers, work as an independent broker, or be employed by an insurance company.

Compensation & Benefits

Salary Distribution by Percentile

Understanding where you might fall in the salary range based on experience and location.

10th
$36,222
25th
$48,296
50th (Median)
$60,370
75th
$72,444
90th
$90,555

Percentile Explained: If you're in the 75th percentile, you earn more than 75% of workers in this occupation. Entry-level positions typically fall in the 10th-25th percentile range, while experienced professionals often reach the 75th-90th percentile.

Typical Benefits Package

Health & Wellness

  • βœ“Health Insurance
  • βœ“Dental Insurance
  • βœ“Vision Insurance
  • βœ“Mental Health Support
  • βœ“Wellness Programs

Financial Benefits

  • βœ“401(k) Retirement Plan
  • βœ“Employer Match (typically 3-6%)
  • βœ“Profit Sharing
  • βœ“Stock Options
  • βœ“Performance Bonuses

Work-Life Balance

  • βœ“Paid Time Off (15-25 days)
  • βœ“Paid Sick Leave
  • βœ“Flexible Work Arrangements
  • βœ“Remote Work Options
  • βœ“Parental Leave

Professional Development

  • βœ“Tuition Reimbursement
  • βœ“Professional Certifications
  • βœ“Conference Attendance
  • βœ“Training Programs
  • βœ“Mentorship Opportunities

Note: Benefits vary widely by employer, company size, and location. Large corporations and tech companies often offer more comprehensive packages, while small businesses may offer fewer benefits but more flexibility. Always review the complete compensation package, not just base salary.

Job Market Intelligence

Job Market Intelligence

Medium Demand
Market demand
Medium Risk
Automation risk

Current Employment

National Employment:568,800

10-Year Outlook

Growth Rate:+3.7%
Annual Openings:47,000

Employment Projections

2024 (Current)568,800
Current
2034 (Projected)589,800
+3.7%
+21,100
Employment Change
+3.7%
Growth Rate
10
Year Projection

Growth Category: As fast as average

Key Growth Factors

  • β€’Average growth expected

Top Skills

βœ“
Reading Comprehension
Reading Comprehension
βœ“
Active Listening
Active Listening
βœ“
Speaking
Speaking
βœ“
Critical Thinking
Critical Thinking
βœ“
Persuasion
Persuasion
βœ“
Writing
Writing
βœ“
Time Management
Time Management
βœ“
Service Orientation
Service Orientation
βœ“
Negotiation
Negotiation
βœ“
Social Perceptiveness
Social Perceptiveness

Key Knowledge Areas

βœ“
Customer and Personal Service
βœ“
Sales and Marketing
βœ“
English Language
βœ“
Mathematics
βœ“
Law and Government
βœ“
Transportation
βœ“
Administration and Management
βœ“
Education and Training
βœ“
Communications and Media

Education & Training

Education Required

Bachelor's degree or higher

Experience Required

A considerable amount of work-related skill, knowledge, or experience needed

Job Training

Significant preparation with related work experience