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Bonding agent vs licensed sales agent

The differences between bonding agents and licensed sales agents can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a bonding agent and a licensed sales agent. Additionally, a licensed sales agent has an average salary of $36,453, which is higher than the $35,360 average annual salary of a bonding agent.

The top three skills for a bonding agent include bonds, data entry and customer service. The most important skills for a licensed sales agent are real estate, lead generation, and customer service.

Bonding agent vs licensed sales agent overview

Bonding AgentLicensed Sales Agent
Yearly salary$35,360$36,453
Hourly rate$17.00$17.53
Growth rate10%10%
Number of jobs28,06863,324
Job satisfaction--
Most common degreeHigh School Diploma, 34%Bachelor's Degree, 55%
Average age4343
Years of experience66

Bonding agent vs licensed sales agent salary

Bonding agents and licensed sales agents have different pay scales, as shown below.

Bonding AgentLicensed Sales Agent
Average salary$35,360$36,453
Salary rangeBetween $22,000 And $55,000Between $25,000 And $51,000
Highest paying City-Minnetonka, MN
Highest paying state-New York
Best paying company-Oracle
Best paying industry-Finance

Differences between bonding agent and licensed sales agent education

There are a few differences between a bonding agent and a licensed sales agent in terms of educational background:

Bonding AgentLicensed Sales Agent
Most common degreeHigh School Diploma, 34%Bachelor's Degree, 55%
Most common majorBusinessBusiness
Most common collegeCalifornia State University - BakersfieldStanford University

Bonding agent vs licensed sales agent demographics

Here are the differences between bonding agents' and licensed sales agents' demographics:

Bonding AgentLicensed Sales Agent
Average age4343
Gender ratioMale, 31.7% Female, 68.3%Male, 45.1% Female, 54.9%
Race ratioBlack or African American, 5.9% Unknown, 4.2% Hispanic or Latino, 12.4% Asian, 9.0% White, 68.3% American Indian and Alaska Native, 0.2%Black or African American, 5.9% Unknown, 4.2% Hispanic or Latino, 12.6% Asian, 9.5% White, 67.6% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between bonding agent and licensed sales agent duties and responsibilities

Bonding agent example responsibilities.

  • Manage for multiple medical clients performing tasks such as medical billing, submitting insurance and verifying insurance including Medicare and Medicaid.
  • Work daily in QuickBooks, Microsoft word and excel
  • Manage for multiple medical clients performing tasks such as medical billing, submitting insurance and verifying insurance including Medicare and Medicaid.
  • Travele to municipalities to sign bond agreements between facility and company of representation.
  • Conduct investigations and prepare reports with recommendation for bond or custody of individuals charge with illegal entry.
  • Conduct presentations regarding all policy information offer through AFLAC

Licensed sales agent example responsibilities.

  • Schedule and meet individuals\groups for assign or self-generate leads, assist and enroll eligible individuals in suitable Medicare product.
  • Develop a working knowledge of the Medicaid program used to educate customers on product eligibility.
  • Demonstrate strong understanding of Comcast products, promoting and selling offerings to individual customers by knocking every door within assign territories.
  • Service Humana ACA plan members on benefits, service.
  • Comply with all regulatory guidelines as well as HIPAA and privacy guidelines, demonstrate client/customer confidentiality.
  • Handle, process and accurately record confidential financial and health customer information following all applicable HIPAA privacy laws.
  • Show more

Bonding agent vs licensed sales agent skills

Common bonding agent skills
  • Bonds, 28%
  • Data Entry, 18%
  • Customer Service, 15%
  • Court Dates, 12%
  • Phone Calls, 5%
  • Local Law Enforcement, 4%
Common licensed sales agent skills
  • Real Estate, 27%
  • Lead Generation, 24%
  • Customer Service, 7%
  • Auto Insurance, 3%
  • Medicare Advantage, 3%
  • Inbound Calls, 3%