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Insurance account representative vs insurance producer

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 vs insurance producer overview

Insurance Account RepresentativeInsurance Producer
Yearly salary$39,881$65,112
Hourly rate$19.17$31.30
Growth rate6%6%
Number of jobs104,89544,922
Job satisfaction--
Most common degreeBachelor's Degree, 56%Bachelor's Degree, 53%
Average age4646
Years of experience--

What does an insurance account representative do?

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.

What does an insurance producer do?

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 representative vs insurance producer salary

Insurance account representatives and insurance producers have different pay scales, as shown below.

Insurance Account RepresentativeInsurance Producer
Average salary$39,881$65,112
Salary rangeBetween $30,000 And $51,000Between $45,000 And $93,000
Highest paying CityMilwaukee, WIMadison, WI
Highest paying stateWisconsinWisconsin
Best paying companyGuidehouseDahl Consulting
Best paying industryInsuranceReal Estate

Differences between insurance account representative and insurance producer education

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

Insurance Account RepresentativeInsurance Producer
Most common degreeBachelor's Degree, 56%Bachelor's Degree, 53%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Insurance account representative vs insurance producer demographics

Here are the differences between insurance account representatives' and insurance producers' demographics:

Insurance Account RepresentativeInsurance Producer
Average age4646
Gender ratioMale, 29.3% Female, 70.7%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 insurance account representative and insurance producer duties and responsibilities

Insurance account representative example responsibilities.

  • Manage civil litigation matters such as general and complex litigation.
  • Cold-Cal to generate leads for individual life and disability insurance and annuities.
  • Manage client relationship by presenting solutions for customers state and unstate needs while cross-selling company products.
  • Experience Licenced ACA health insurance agent.
  • Cross sell all other lines of AAA products to secure stability in clients.
  • Service clients while empowering them to participate in market gains while avoiding market losses with fix index annuities.
  • Show more

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.

Insurance account representative vs insurance producer skills

Common insurance account representative skills
  • Schedule Appointments, 11%
  • Customer Service, 11%
  • Develop Leads, 9%
  • Customer Relationships, 7%
  • Work Ethic, 5%
  • Review Process, 5%
Common insurance producer skills
  • Casualty Insurance, 7%
  • Customer Service, 7%
  • Develop Leads, 6%
  • Health Insurance, 6%
  • Financial Services, 5%
  • Phone Calls, 5%