How To Become An Installment Agent: What It Is and Career Path

What is an installment agent and how to become one

Updated January 8, 2025

2 min read

There is more than meets the eye when it comes to being an installment agent. For example, did you know that they make an average of $12.71 an hour? That's $26,430 a year! Between 2018 and 2028, the career is expected to grow -8% and produce -17,500 job opportunities across the U.S.

ScoreInstallment AgentUS Average

Salary

2.1

Avg. Salary $26,430

Avg. Salary $59,228

Stability level

7.9

Growth rate -8%

Growth rate 0.3%

Diversity

6.1

Race

American Indian and Alaska Native 0.50%

Asian 4.01%

Black or African American 14.10%

Hispanic or Latino 18.64%

Unknown 4.26%

White 58.50%

Gender

female 41.18%

male 58.82%

Age - 46

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 46

Stress level

7.9

Stress level is high

7.1 - high

Complexity level

4.9

Complexity level is intermediate

7 - challenging

Work life balance

7.6

Work life balance is good

6.4 - fair

Key steps to become an installment agent

Explore installment agent education requirements

Most common installment agent degrees

Bachelor's

40.5 %

Associate

29.7 %

High School Diploma

18.9 %

Start to develop specific installment agent skills

Skills	Percentages
Customer Service	32.95%
Windows	24.29%
Troubleshoot	13.54%
Inbound Calls	9.92%
Outbound Calls	9.92%

Complete relevant installment agent training and internships

Accountants spend an average of 1-3 months on post-employment, on-the-job training. New installment agents learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as an installment agent based on U.S. Bureau of Labor Statistics data and data from real installment agent resumes.

Research installment agent duties and responsibilities

Answer eligibility and coverage questions from insurance agents pertaining to Medicare advantage plans and prescription drug plans.
Book reservations verify availability and reconfirm accommodations.
Upgrade, troubleshot, repair, and setup computers in store.
Identify & troubleshot in-home network issues, virus/spyware removal, perform PC installations & repairs.

Prepare your installment agent resume

When your background is strong enough, you can start writing your installment agent resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on an installment agent resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose from 10+ customizable installment agent resume templates

Build a professional installment agent resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your installment agent resume.