Insurance Sales Agents

Training Requirements for Insurance Sales Agents

Insurance sales agents need a high school diploma or equivalent and moderate-term on-the-job training.

Degrees for Insurance sales agents
Percent
Less than High School 1.5
High School 14.4
Some College 27.0
Associates Degree 10.0
Bachelors Degree 38.4
Masters Degree 7.0
Doctorate or Professional Degree 1.6

Employment Outlook for Insurance Sales Agents

This represents about 466,000 people in the United States.

Over the next 10 years there will be aproximately 43,000 more insurance sales agents but, because of expected growth and replacement needs in the United States, we will need 165,000 more.

Typical Income for Insurance Sales Agents

Hourly Income

On average,insurance sales agents make $32.58 per hour.

Bottom 10% Bottom 25% Median Top 75% Top 90%
Insurance sales agents $13.19 $17.07 $24.03 $37.09 $61.57
Sales and related occupations $8.72 $9.72 $12.78 $22.23 $37.65
Sales representatives, services $12.69 $17.28 $25.29 $39.27 $64.26
National Average $9.27 $11.60 $17.81 $28.92 $45.45

Annual Salaries

On average, insurance sales agents make $67,760 per year.

Bottom 10% Bottom 25% Median Top 75% Top 90%
Insurance sales agents $27,430 $35,500 $49,990 $77,140 $128,070
Sales and related occupations $18,150 $20,210 $26,590 $46,230 $78,300
Sales representatives, services $26,400 $35,950 $52,600 $81,680 $133,660
National Average $19,290 $24,140 $37,040 $60,150 $94,540

This data is from the U.S. Bureau of Labor Statistics, Occupational Employment Statistics

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