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Consultation agent vs licensed insurance producer

The differences between consultation agents and licensed insurance producers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a licensed insurance producer has an average salary of $66,026, 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 a licensed insurance producer are work ethic, lead generation, and annuities.

Consultation agent vs licensed insurance producer overview

Consultation AgentLicensed Insurance Producer
Yearly salary$32,727$66,026
Hourly rate$15.73$31.74
Growth rate6%6%
Number of jobs28,80154,872
Job satisfaction--
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 57%
Average age4646
Years of experience--

Consultation agent vs licensed insurance producer salary

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

Consultation AgentLicensed Insurance Producer
Average salary$32,727$66,026
Salary rangeBetween $20,000 And $52,000Between $44,000 And $97,000
Highest paying City-Washington, DC
Highest paying state-Washington
Best paying company-Berkshire Hathaway
Best paying industry-Finance

Differences between consultation agent and licensed insurance producer education

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

Consultation AgentLicensed Insurance Producer
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 57%
Most common majorComputer ScienceBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Consultation agent vs licensed insurance producer demographics

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

Consultation AgentLicensed Insurance Producer
Average age4646
Gender ratioMale, 81.9% Female, 18.1%Male, 39.2% Female, 60.8%
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, 9.4% Unknown, 3.6% Hispanic or Latino, 16.1% Asian, 4.9% White, 65.9% American Indian and Alaska Native, 0.1%
LGBT Percentage7%7%

Differences between consultation agent and licensed insurance producer 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.
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Licensed insurance producer example responsibilities.

  • Used consultative upselling techniques to provide leads
  • Present AFLAC benefits packages to various company owners and employees.
  • Educate customers on products such as property-casualty, life, accident-health, and annuities.
  • Contact businesses to attempt to establish an AFLAC account as part of their benefits package.
  • Provide information on life and health insurance, medicare supplements, annuities , 401K rollovers and IRA's.
  • Facilitate communications between doctors, hospitals, third party insurance companies and patients to obtain and verify patient billing information.
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Consultation agent vs licensed insurance producer skills

Common consultation agent skills
  • Customer Service, 12%
  • Phone Calls, 10%
  • Troubleshoot, 9%
  • Computer Issues, 7%
  • Tablets, 6%
  • Windows XP, 4%
Common licensed insurance producer skills
  • Work Ethic, 51%
  • Lead Generation, 13%
  • Annuities, 8%
  • Customer Service, 6%
  • Insurance Sales, 6%
  • Auto Insurance, 3%