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Commercial lines insurance agent vs insurance sales representative

The differences between commercial lines insurance agents and insurance sales representatives can be seen in a few details. Each job has different responsibilities and duties. Additionally, an insurance sales representative has an average salary of $61,386, 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 sales representative are customer service, excellent time management, and work ethic.

Commercial lines insurance agent vs insurance sales representative overview

Commercial Lines Insurance AgentInsurance Sales Representative
Yearly salary$55,459$61,386
Hourly rate$26.66$29.51
Growth rate6%6%
Number of jobs84,539201,879
Job satisfaction--
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 59%
Average age4646
Years of experience--

Commercial lines insurance agent vs insurance sales representative salary

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

Commercial Lines Insurance AgentInsurance Sales Representative
Average salary$55,459$61,386
Salary rangeBetween $35,000 And $87,000Between $38,000 And $97,000
Highest paying City-Washington, DC
Highest paying state-New York
Best paying company-FFL Partners
Best paying industry-Finance

Differences between commercial lines insurance agent and insurance sales representative education

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

Commercial Lines Insurance AgentInsurance Sales Representative
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 59%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Commercial lines insurance agent vs insurance sales representative demographics

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

Commercial Lines Insurance AgentInsurance Sales Representative
Average age4646
Gender ratioMale, 33.6% Female, 66.4%Male, 53.9% Female, 46.1%
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, 9.4% Unknown, 3.6% Hispanic or Latino, 16.2% Asian, 4.9% White, 65.8% American Indian and Alaska Native, 0.1%
LGBT Percentage7%7%

Differences between commercial lines insurance agent and insurance sales representative 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 sales representative example responsibilities.

  • Used consultative upselling techniques to provide leads
  • Translate and assign diagnosis and medical procedures into CPT, ICD-9 and ICD-10 codes.
  • Lead rep for major payer.
  • Monitor the performance of each account rep.
  • Educate physicians and clinic staff on current ICD 9 and CPT coding regulations.
  • Comply with company policy, procedures, and pertinent laws and regulation such a HIPAA.
  • Show more

Commercial lines insurance agent vs insurance sales representative 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 sales representative skills
  • Customer Service, 17%
  • Excellent Time Management, 16%
  • Work Ethic, 12%
  • Strong Customer Service, 11%
  • Strong Work Ethic, 11%
  • Lead Generation, 4%