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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 | Insurance Broker | |
| Yearly salary | $32,727 | $94,006 |
| Hourly rate | $15.73 | $45.20 |
| Growth rate | 6% | 6% |
| Number of jobs | 28,801 | 38,403 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 48% | Bachelor's Degree, 64% |
| Average age | 46 | 46 |
| Years of experience | - | - |
Consultation agents and insurance brokers have different pay scales, as shown below.
| Consultation Agent | Insurance Broker | |
| Average salary | $32,727 | $94,006 |
| Salary range | Between $20,000 And $52,000 | Between $62,000 And $141,000 |
| Highest paying City | - | Birmingham, AL |
| Highest paying state | - | Washington |
| Best paying company | - | Liberty Mutual Insurance |
| Best paying industry | - | Insurance |
There are a few differences between a consultation agent and an insurance broker in terms of educational background:
| Consultation Agent | Insurance Broker | |
| Most common degree | Bachelor's Degree, 48% | Bachelor's Degree, 64% |
| Most common major | Computer Science | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between consultation agents' and insurance brokers' demographics:
| Consultation Agent | Insurance Broker | |
| Average age | 46 | 46 |
| Gender ratio | Male, 81.9% Female, 18.1% | Male, 62.5% Female, 37.5% |
| Race ratio | Black 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 Percentage | 7% | 7% |