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Consultation agent vs insurance broker

The differences between consultation agents and insurance brokers can be seen in a few details. Each job has different responsibilities and duties. Additionally, an insurance broker has an average salary of $94,006, which is higher than the $32,727 average annual salary of a consultation agent.

The top three skills for a consultation agent include customer service, phone calls and troubleshoot. The most important skills for an insurance broker are customer service, life insurance products, and lead generation.

Consultation agent vs insurance broker overview

Consultation AgentInsurance Broker
Yearly salary$32,727$94,006
Hourly rate$15.73$45.20
Growth rate6%6%
Number of jobs28,80138,403
Job satisfaction--
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 64%
Average age4646
Years of experience--

Consultation agent vs insurance broker salary

Consultation agents and insurance brokers have different pay scales, as shown below.

Consultation AgentInsurance Broker
Average salary$32,727$94,006
Salary rangeBetween $20,000 And $52,000Between $62,000 And $141,000
Highest paying City-Birmingham, AL
Highest paying state-Washington
Best paying company-Liberty Mutual Insurance
Best paying industry-Insurance

Differences between consultation agent and insurance broker education

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

Consultation AgentInsurance Broker
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 64%
Most common majorComputer ScienceBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Consultation agent vs insurance broker demographics

Here are the differences between consultation agents' and insurance brokers' demographics:

Consultation AgentInsurance Broker
Average age4646
Gender ratioMale, 81.9% Female, 18.1%Male, 62.5% Female, 37.5%
Race ratioBlack or African American, 9.4% Unknown, 3.6% Hispanic or Latino, 16.2% Asian, 4.9% White, 65.7% American Indian and Alaska Native, 0.1%Black or African American, 9.3% Unknown, 3.6% Hispanic or Latino, 15.9% Asian, 4.9% White, 66.2% American Indian and Alaska Native, 0.1%
LGBT Percentage7%7%

Differences between consultation agent and insurance broker duties and responsibilities

Consultation agent example responsibilities.

  • Manage an android application using java with eclipse and android SDK tools.
  • Perform general repairs and tune-ups on a variety of devices including PCs, tablets, and phones.
  • Retrieve data from non-functional internal or external HDD's and other storage devices.
  • Assist clients with technical problems relate to devices such as PCs, printers, etc.
  • Ring customers up using POS for external hard drives, flash drives or other in-store purchases.
  • Train newly transfer service department manager on all POS and repair systems relate to service line environment.
  • Show more

Insurance broker example responsibilities.

  • Used consultative upselling techniques to provide leads
  • Work as an independent financial planner selling life insurance and annuities to individuals and families
  • 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.

Consultation agent vs insurance broker skills

Common consultation agent skills
  • Customer Service, 12%
  • Phone Calls, 10%
  • Troubleshoot, 9%
  • Computer Issues, 7%
  • Tablets, 6%
  • Windows XP, 4%
Common insurance broker skills
  • Customer Service, 11%
  • Life Insurance Products, 8%
  • Lead Generation, 8%
  • Financial Resources, 8%
  • Annuities, 8%
  • Insurance Carriers, 6%