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Commercial lines insurance agent vs insurance producer

The differences between commercial lines insurance agents and insurance producers can be seen in a few details. Each job has different responsibilities and duties. Additionally, an insurance producer has an average salary of $65,112, which is higher than the $55,459 average annual salary of a commercial lines insurance 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 insurance producer are casualty insurance, customer service, and develop leads.

Commercial lines insurance agent vs insurance producer overview

Commercial Lines Insurance AgentInsurance Producer
Yearly salary$55,459$65,112
Hourly rate$26.66$31.30
Growth rate6%6%
Number of jobs84,53944,922
Job satisfaction--
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 53%
Average age4646
Years of experience--

Commercial lines insurance agent vs insurance producer salary

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

Commercial Lines Insurance AgentInsurance Producer
Average salary$55,459$65,112
Salary rangeBetween $35,000 And $87,000Between $45,000 And $93,000
Highest paying City-Madison, WI
Highest paying state-Wisconsin
Best paying company-Dahl Consulting
Best paying industry-Real Estate

Differences between commercial lines insurance agent and insurance producer education

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

Commercial Lines Insurance AgentInsurance Producer
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 53%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Commercial lines insurance agent vs insurance producer demographics

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

Commercial Lines Insurance AgentInsurance Producer
Average age4646
Gender ratioMale, 33.6% Female, 66.4%Male, 51.9% Female, 48.1%
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, 9.5% Unknown, 3.6% Hispanic or Latino, 16.1% Asian, 4.9% White, 65.8% American Indian and Alaska Native, 0.1%
LGBT Percentage7%7%

Differences between commercial lines insurance agent and insurance producer 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.

Insurance producer example responsibilities.

  • Used consultative upselling techniques to provide leads
  • Facilitate communications between doctors, hospitals, third party insurance companies and patients to obtain and verify patient billing information.
  • Deliver on the GEICO promise to customers by solving problems and giving competent insurance advice in a courteous and proficient manner.

Commercial lines insurance agent vs insurance producer 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 insurance producer skills
  • Casualty Insurance, 7%
  • Customer Service, 7%
  • Develop Leads, 6%
  • Health Insurance, 6%
  • Financial Services, 5%
  • Phone Calls, 5%