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Commercial lines insurance agent vs agent

The differences between commercial lines insurance agents and agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a commercial lines insurance agent has an average salary of $55,459, which is higher than the $37,864 average annual salary of an agent.

The top three skills for a commercial lines insurance agent include insurance carriers, insurance products and insurance quotes. The most important skills for an agent are insurance products, customer service, and life insurance.

Commercial lines insurance agent vs agent overview

Commercial Lines Insurance AgentAgent
Yearly salary$55,459$37,864
Hourly rate$26.66$18.20
Growth rate6%6%
Number of jobs84,539184,325
Job satisfaction-2
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 44%
Average age4646
Years of experience--

Commercial lines insurance agent vs agent salary

Commercial lines insurance agents and agents have different pay scales, as shown below.

Commercial Lines Insurance AgentAgent
Average salary$55,459$37,864
Salary rangeBetween $35,000 And $87,000Between $19,000 And $72,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Latham & Watkins
Best paying industry--

Differences between commercial lines insurance agent and agent education

There are a few differences between a commercial lines insurance agent and an agent in terms of educational background:

Commercial Lines Insurance AgentAgent
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 44%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Commercial lines insurance agent vs agent demographics

Here are the differences between commercial lines insurance agents' and agents' demographics:

Commercial Lines Insurance AgentAgent
Average age4646
Gender ratioMale, 33.6% Female, 66.4%Male, 50.5% Female, 49.5%
Race ratioBlack or African American, 9.5% Unknown, 3.6% Hispanic or Latino, 16.4% Asian, 4.1% White, 66.3% American Indian and Alaska Native, 0.1%Black or African American, 9.2% Unknown, 3.6% Hispanic or Latino, 15.8% Asian, 4.9% White, 66.4% American Indian and Alaska Native, 0.1%
LGBT Percentage7%7%

Differences between commercial lines insurance agent and agent duties and responsibilities

Commercial lines insurance agent example responsibilities.

  • Work with people in retirement helping manage their health and life insurance, also help structure their 401k's into annuities.
  • Provide unparallele brokerage services, specifically focusing on a thorough analysis of business risk and comprehensive options for clients.
  • Act as a retention specialist for Cigna Healthspring during AEP.

Agent example responsibilities.

  • Schedule and meet individuals\groups for assign or self-generate leads, assist and enroll eligible individuals in suitable Medicare product.
  • Verify documentation and coding using CPT and ICD-9 correct coding standards.
  • Assist TANF customers with obtaining employment.
  • Direct compliance with all CPT and Medicare guidelines.
  • Train BDC representatives on phone skills and CRM use.
  • Bill appropriate ICD-9 codes to the correct insurance companies.
  • Show more

Commercial lines insurance agent vs agent skills

Common commercial lines insurance agent skills
  • Insurance Carriers, 30%
  • Insurance Products, 26%
  • Insurance Quotes, 13%
  • Insurance Policies, 6%
  • Professional Customer Service, 6%
  • AMS, 5%
Common agent skills
  • Insurance Products, 11%
  • Customer Service, 10%
  • Life Insurance, 8%
  • HR, 6%
  • Inbound Calls, 6%
  • Financial Services, 6%