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Bonding agent vs oil lease broker

The differences between bonding agents and oil lease brokers 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 an oil lease broker. Additionally, an oil lease broker has an average salary of $54,922, 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 an oil lease broker are real estate, financial products, and market research.

Bonding agent vs oil lease broker overview

Bonding AgentOil Lease Broker
Yearly salary$35,360$54,922
Hourly rate$17.00$26.40
Growth rate10%10%
Number of jobs28,0684,598
Job satisfaction--
Most common degreeHigh School Diploma, 34%Bachelor's Degree, 72%
Average age4343
Years of experience66

Bonding agent vs oil lease broker salary

Bonding agents and oil lease brokers have different pay scales, as shown below.

Bonding AgentOil Lease Broker
Average salary$35,360$54,922
Salary rangeBetween $22,000 And $55,000Between $34,000 And $86,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between bonding agent and oil lease broker education

There are a few differences between a bonding agent and an oil lease broker in terms of educational background:

Bonding AgentOil Lease Broker
Most common degreeHigh School Diploma, 34%Bachelor's Degree, 72%
Most common majorBusinessBusiness
Most common collegeCalifornia State University - BakersfieldStanford University

Bonding agent vs oil lease broker demographics

Here are the differences between bonding agents' and oil lease brokers' demographics:

Bonding AgentOil Lease Broker
Average age4343
Gender ratioMale, 31.7% Female, 68.3%Male, 74.6% Female, 25.4%
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, 5.8% Unknown, 4.2% Hispanic or Latino, 12.2% Asian, 9.0% White, 68.6% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between bonding agent and oil lease broker 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

Oil lease broker example responsibilities.

  • Manage, inspect, photograph, and create reports biweekly for U.S. department of HUD and Fannie Mae assign properties.
  • Solicit profitable freight brokerage business by marketing transportation capability via direct sales calls, telephone and direct mail marketing activity.
  • Broker purchases, sales and exchanges of WTI, grade trading, swaps, options, derivatives and spreads.
  • Identify and capitalize on arbitrage situations.

Bonding agent vs oil lease broker skills

Common bonding agent skills
  • Bonds, 28%
  • Data Entry, 18%
  • Customer Service, 15%
  • Court Dates, 12%
  • Phone Calls, 5%
  • Local Law Enforcement, 4%
Common oil lease broker skills
  • Real Estate, 19%
  • Financial Products, 18%
  • Market Research, 17%
  • Financial Analysis, 12%
  • Database, 10%
  • Customer Relationships, 8%