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Group insurance specialist vs insurance producer

The differences between group insurance specialists and insurance producers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a group insurance specialist has an average salary of $78,050, which is higher than the $65,112 average annual salary of an insurance producer.

The top three skills for a group insurance specialist include invoice, life insurance and group insurance. The most important skills for an insurance producer are casualty insurance, customer service, and develop leads.

Group insurance specialist vs insurance producer overview

Group Insurance SpecialistInsurance Producer
Yearly salary$78,050$65,112
Hourly rate$37.52$31.30
Growth rate6%6%
Number of jobs45,62944,922
Job satisfaction--
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 53%
Average age4646
Years of experience--

Group insurance specialist vs insurance producer salary

Group insurance specialists and insurance producers have different pay scales, as shown below.

Group Insurance SpecialistInsurance Producer
Average salary$78,050$65,112
Salary rangeBetween $63,000 And $96,000Between $45,000 And $93,000
Highest paying City-Madison, WI
Highest paying state-Wisconsin
Best paying company-Dahl Consulting
Best paying industry-Real Estate

Differences between group insurance specialist and insurance producer education

There are a few differences between a group insurance specialist and an insurance producer in terms of educational background:

Group Insurance SpecialistInsurance Producer
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 53%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Group insurance specialist vs insurance producer demographics

Here are the differences between group insurance specialists' and insurance producers' demographics:

Group Insurance SpecialistInsurance Producer
Average age4646
Gender ratioMale, 35.0% Female, 65.0%Male, 51.9% Female, 48.1%
Race ratioBlack 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%Black or African American, 9.5% Unknown, 3.6% Hispanic or Latino, 16.1% Asian, 4.9% White, 65.8% American Indian and Alaska Native, 0.1%
LGBT Percentage7%7%

Differences between group insurance specialist and insurance producer duties and responsibilities

Group insurance specialist example responsibilities.

  • Manage communication points between corporate advisers, providers and patients for medical service advisory requests.
  • Provide unparallele brokerage services, specifically focusing on a thorough analysis of business risk and comprehensive options for clients.
  • Process new and renewing business utilizing the BlueStar membership system.

Insurance producer example responsibilities.

  • Used consultative upselling techniques to provide leads
  • Facilitate communications between doctors, hospitals, third party insurance companies and patients to obtain and verify patient billing information.
  • Deliver on the GEICO promise to customers by solving problems and giving competent insurance advice in a courteous and proficient manner.

Group insurance specialist vs insurance producer skills

Common group insurance specialist skills
  • Invoice, 57%
  • Life Insurance, 8%
  • Group Insurance, 7%
  • Customer Calls, 4%
  • Mental Health, 4%
  • Group Therapy, 3%
Common insurance producer skills
  • Casualty Insurance, 7%
  • Customer Service, 7%
  • Develop Leads, 6%
  • Health Insurance, 6%
  • Financial Services, 5%
  • Phone Calls, 5%