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Field agent vs licensed agent

The differences between field agents and licensed agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a licensed agent has an average salary of $42,315, which is higher than the $37,324 average annual salary of a field agent.

The top three skills for a field agent include GPS, long-term care and health insurance. The most important skills for a licensed agent are HIPAA, customer service, and inbound calls.

Field agent vs licensed agent overview

Field AgentLicensed Agent
Yearly salary$37,324$42,315
Hourly rate$17.94$20.34
Growth rate6%6%
Number of jobs96,06768,666
Job satisfaction--
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 52%
Average age4646
Years of experience--

What does a field agent do?

Field agents are the ones who work and do their job not inside the four corners of the office; instead, they do the assigned task outside. They often are expected to have good communication skills so that they can get a response from the most unwilling person in the area. Besides, they must also possess good character traits and professionalism to effectively address higher-up's concerns. As the man on the field, they provide customer support more effectively.

What does a licensed agent do?

Licensed Agents act as authorized brokers acting on behalf of an individual owner or organization in selling a product, service, or property. There are many different pathways a licensed agent can delve into, such as in real estate, insurance, and banking. For instance, a real estate agent uses its license to be able to sell and rent properties. Their duties include gathering property information, evaluating property estimates, marketing properties, and represent sellers in the process of negotiation. They seek prospective buyers, monitor the sale process between stakeholders, and reach a mutually agreed price.

Field agent vs licensed agent salary

Field agents and licensed agents have different pay scales, as shown below.

Field AgentLicensed Agent
Average salary$37,324$42,315
Salary rangeBetween $27,000 And $51,000Between $28,000 And $62,000
Highest paying CityBoston, MAKirkland, WA
Highest paying stateAlaskaAlaska
Best paying companySmith Seckman ReidHPOne
Best paying industryFinanceInsurance

Differences between field agent and licensed agent education

There are a few differences between a field agent and a licensed agent in terms of educational background:

Field AgentLicensed Agent
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 52%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Field agent vs licensed agent demographics

Here are the differences between field agents' and licensed agents' demographics:

Field AgentLicensed Agent
Average age4646
Gender ratioMale, 66.0% Female, 34.0%Male, 41.3% Female, 58.7%
Race ratioBlack or African American, 9.2% Unknown, 3.6% Hispanic or Latino, 15.7% Asian, 4.8% White, 66.5% American Indian and Alaska Native, 0.1%Black or African American, 9.2% Unknown, 3.6% Hispanic or Latino, 15.8% Asian, 4.9% White, 66.4% American Indian and Alaska Native, 0.1%
LGBT Percentage7%7%

Differences between field agent and licensed agent duties and responsibilities

Field agent example responsibilities.

  • Sell life insurance, long term care insurance and retirement annuities to assign members.
  • Assist senior base clients with understanding and purchasing Medicare supplements, annuities, health and life insurance products.
  • Operate remote telecommunications using applications and secure computer communications to troubleshoot and resolve issues on customer Samsung devices.
  • Help maintain Primerica as the number one source for insurance needs by directly switching accounts over to the company.

Licensed agent example responsibilities.

  • Train and manage employees and achieve significant improvements in their productivity & maintain sales go9als consistently.
  • Educate and advise in different investment products, such as life insurance and fix annuities.
  • Work with clients to satisfy financial needs offering products such as life insurance, annuities, and Medicare supplements.
  • Provide education on Medicare/ Medicaid coverage, rights and responsibilities.
  • Provide objective information pertaining to coverage and how to obtain Medicaid coverage.
  • Generate referral business and cultivate individual lead sources, using networking and prospecting techniques to grow potential sales opportunities.
  • Show more

Field agent vs licensed agent skills

Common field agent skills
  • GPS, 28%
  • Long-Term Care, 17%
  • Health Insurance, 10%
  • Annuities, 9%
  • Subpoenas, 6%
  • Life Insurance Products, 6%
Common licensed agent skills
  • HIPAA, 31%
  • Customer Service, 11%
  • Inbound Calls, 9%
  • Casualty Insurance, 6%
  • Life Insurance Products, 6%
  • Financial Services, 5%