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Group insurance specialist vs insurance sales representative

The differences between group insurance specialists and insurance sales representatives 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 $61,386 average annual salary of an insurance sales representative.

The top three skills for a group insurance specialist include invoice, life insurance and group insurance. The most important skills for an insurance sales representative are customer service, excellent time management, and work ethic.

Group insurance specialist vs insurance sales representative overview

Group Insurance SpecialistInsurance Sales Representative
Yearly salary$78,050$61,386
Hourly rate$37.52$29.51
Growth rate6%6%
Number of jobs45,629201,879
Job satisfaction--
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 59%
Average age4646
Years of experience--

Group insurance specialist vs insurance sales representative salary

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

Group Insurance SpecialistInsurance Sales Representative
Average salary$78,050$61,386
Salary rangeBetween $63,000 And $96,000Between $38,000 And $97,000
Highest paying City-Washington, DC
Highest paying state-New York
Best paying company-FFL Partners
Best paying industry-Finance

Differences between group insurance specialist and insurance sales representative education

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

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

Group insurance specialist vs insurance sales representative demographics

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

Group Insurance SpecialistInsurance Sales Representative
Average age4646
Gender ratioMale, 35.0% Female, 65.0%Male, 53.9% Female, 46.1%
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, 9.4% Unknown, 3.6% Hispanic or Latino, 16.2% Asian, 4.9% White, 65.8% American Indian and Alaska Native, 0.1%
LGBT Percentage7%7%

Differences between group insurance specialist and insurance sales representative 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 sales representative example responsibilities.

  • Used consultative upselling techniques to provide leads
  • Translate and assign diagnosis and medical procedures into CPT, ICD-9 and ICD-10 codes.
  • Lead rep for major payer.
  • Monitor the performance of each account rep.
  • Educate physicians and clinic staff on current ICD 9 and CPT coding regulations.
  • Comply with company policy, procedures, and pertinent laws and regulation such a HIPAA.
  • Show more

Group insurance specialist vs insurance sales representative 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 sales representative skills
  • Customer Service, 17%
  • Excellent Time Management, 16%
  • Work Ethic, 12%
  • Strong Customer Service, 11%
  • Strong Work Ethic, 11%
  • Lead Generation, 4%