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Debit agent vs licensed insurance producer

The differences between debit 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 $34,583 average annual salary of a debit agent.

The top three skills for a debit agent include debit cards, insurance products and professional customer service. The most important skills for a licensed insurance producer are work ethic, lead generation, and annuities.

Debit agent vs licensed insurance producer overview

Debit AgentLicensed Insurance Producer
Yearly salary$34,583$66,026
Hourly rate$16.63$31.74
Growth rate6%6%
Number of jobs47,19754,872
Job satisfaction--
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 57%
Average age4646
Years of experience--

Debit agent vs licensed insurance producer salary

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

Debit AgentLicensed Insurance Producer
Average salary$34,583$66,026
Salary rangeBetween $21,000 And $55,000Between $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 debit agent and licensed insurance producer education

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

Debit AgentLicensed Insurance Producer
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 57%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Debit agent vs licensed insurance producer demographics

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

Debit AgentLicensed Insurance Producer
Average age4646
Gender ratioMale, 45.7% Female, 54.3%Male, 39.2% Female, 60.8%
Race ratioBlack or African American, 9.3% Unknown, 3.6% Hispanic or Latino, 15.9% Asian, 4.9% White, 66.3% 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 debit agent and licensed insurance producer duties and responsibilities

Debit agent example responsibilities.

  • Assist with atm card investigation and resolution, account write off
  • Operate remote telecommunications using applications and secure computer communications to troubleshoot and resolve issues on customer Samsung devices.
  • Deliver on the GEICO promise to customers by solving problems and giving competent insurance advice in a courteous and proficient manner.

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.
  • Show more

Debit agent vs licensed insurance producer skills

Common debit agent skills
  • Debit Cards, 44%
  • Insurance Products, 18%
  • Professional Customer Service, 16%
  • Health Insurance, 8%
  • Life Insurance, 8%
  • Outbound Calls, 6%
Common licensed insurance producer skills
  • Work Ethic, 51%
  • Lead Generation, 13%
  • Annuities, 8%
  • Customer Service, 6%
  • Insurance Sales, 6%
  • Auto Insurance, 3%