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The differences between insurance account representatives and insurance producers can be seen in a few details. Each job has different responsibilities and duties. Additionally, an insurance producer has an average salary of $65,112, which is higher than the $39,881 average annual salary of an insurance account representative.
The top three skills for an insurance account representative include schedule appointments, customer service and develop leads. The most important skills for an insurance producer are casualty insurance, customer service, and develop leads.
| Insurance Account Representative | Insurance Producer | |
| Yearly salary | $39,881 | $65,112 |
| Hourly rate | $19.17 | $31.30 |
| Growth rate | 6% | 6% |
| Number of jobs | 104,895 | 44,922 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 56% | Bachelor's Degree, 53% |
| Average age | 46 | 46 |
| Years of experience | - | - |
An Insurance Account Representative manages the accounts of the clients assigned to them. They sell and make negotiations in health, life, or other insurance. They also carry out is utilizing client-centered ability and strong customer service for strong policyholder-customer relationships. Insurance Account Representatives should develop skills in scheduling appointments, customer service, and customer identification.
An insurance producer is responsible for selling and buying financial services and products for an insurance company. They negotiate issues regarding health, life insurance, and other properties. Also, an insurance producer maintains a good relationship between clients and prospective clients by offering the best insurance service and ensuring that all the policies and guidelines are fully followed.
Insurance account representatives and insurance producers have different pay scales, as shown below.
| Insurance Account Representative | Insurance Producer | |
| Average salary | $39,881 | $65,112 |
| Salary range | Between $30,000 And $51,000 | Between $45,000 And $93,000 |
| Highest paying City | Milwaukee, WI | Madison, WI |
| Highest paying state | Wisconsin | Wisconsin |
| Best paying company | Guidehouse | Dahl Consulting |
| Best paying industry | Insurance | Real Estate |
There are a few differences between an insurance account representative and an insurance producer in terms of educational background:
| Insurance Account Representative | Insurance Producer | |
| Most common degree | Bachelor's Degree, 56% | Bachelor's Degree, 53% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between insurance account representatives' and insurance producers' demographics:
| Insurance Account Representative | Insurance Producer | |
| Average age | 46 | 46 |
| Gender ratio | Male, 29.3% Female, 70.7% | Male, 51.9% Female, 48.1% |
| Race ratio | Black 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 Percentage | 7% | 7% |