General agent vs licensed insurance agent

The differences between general agents and licensed insurance agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a licensed insurance agent has an average salary of $54,118, which is higher than the $39,307 average annual salary of a general agent.

The top three skills for a general agent include health insurance products, life insurance policies and life insurance. The most important skills for a licensed insurance agent are excellent time management, work ethic, and strong customer service.

General agent vs licensed insurance agent overview

	General Agent	Licensed Insurance Agent
Yearly salary	$39,307	$54,118
Hourly rate	$18.90	$26.02
Growth rate	6%	6%
Number of jobs	94,740	78,016
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 50%
Average age	46	46
Years of experience	-	-

General agent vs licensed insurance agent salary

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

	General Agent	Licensed Insurance Agent
Average salary	$39,307	$54,118
Salary range	Between $27,000 And $55,000	Between $32,000 And $88,000
Highest paying City	-	Washington, DC
Highest paying state	-	Hawaii
Best paying company	-	Torchmark
Best paying industry	-	Finance

Differences between general agent and licensed insurance agent education

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

	General Agent	Licensed Insurance Agent
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 50%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

General agent vs licensed insurance agent demographics

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

	General Agent	Licensed Insurance Agent
Average age	46	46
Gender ratio	Male, 73.5% Female, 26.5%	Male, 39.0% Female, 61.0%
Race ratio	Black 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, 9.2% Unknown, 3.6% Hispanic or Latino, 15.7% Asian, 4.9% White, 66.5% American Indian and Alaska Native, 0.1%
LGBT Percentage	7%	7%

Differences between general agent and licensed insurance agent duties and responsibilities

General agent example responsibilities.

Increase sales of life, annuities, disability and securities from [] to []
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 insurance agent example responsibilities.

Explain and advice the customers about the insurance needs, handle objections and sale the Allstate company advantage.
Work with people in retirement helping manage their health and life insurance, also help structure their 401k's into annuities.
Used consultative upselling techniques to provide leads
Quote and sell home, mobile home, renters, auto, and motorcycle policies.
Process application on auto, homes, workers comp, trailer, motorcycle, commercial policies.
Provide financial services through life insurance, disability insurance and annuities.

General agent vs licensed insurance agent skills

Common general agent skills

Health Insurance Products, 11%
Life Insurance Policies, 10%
Life Insurance, 8%
Life Insurance Products, 7%
Long-Term Care, 7%
Disability Insurance, 6%

Common licensed insurance agent skills

Excellent Time Management, 17%
Work Ethic, 17%
Strong Customer Service, 13%
Customer Service, 13%
Insurance Sales, 11%
Financial Resources, 5%

General Agent vs. similar jobs

General Agent related careers

General Agent related jobs

What similar roles do

Zippia Careers
Sales Industry
General Agent
General Agent vs Licensed Insurance Agent

Updated January 8, 2025

Browse sales jobs