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The differences between insurance account representatives and insurance sales representatives can be seen in a few details. Each job has different responsibilities and duties. Additionally, an insurance sales representative has an average salary of $61,386, 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 sales representative are customer service, excellent time management, and work ethic.
| Insurance Account Representative | Insurance Sales Representative | |
| Yearly salary | $39,881 | $61,386 |
| Hourly rate | $19.17 | $29.51 |
| Growth rate | 6% | 6% |
| Number of jobs | 104,895 | 201,879 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 56% | Bachelor's Degree, 59% |
| 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 sales representative is primarily responsible for securing insurance sales by reaching out to clients through calls, correspondence, and even appointments. They are also responsible for gathering client information, discussing and recommending suitable terms, and even providing advice to meet their needs, all while building rapport to ensure customer satisfaction. There are also instances where they have to adjust existing terms, assist in filling out applications, and produce progress reports. Furthermore, it is essential to devise strategies to find new sales opportunities, as most insurance sales representatives must reach a particular sales target.
Insurance account representatives and insurance sales representatives have different pay scales, as shown below.
| Insurance Account Representative | Insurance Sales Representative | |
| Average salary | $39,881 | $61,386 |
| Salary range | Between $30,000 And $51,000 | Between $38,000 And $97,000 |
| Highest paying City | Milwaukee, WI | Washington, DC |
| Highest paying state | Wisconsin | New York |
| Best paying company | Guidehouse | FFL Partners |
| Best paying industry | Insurance | Finance |
There are a few differences between an insurance account representative and an insurance sales representative in terms of educational background:
| Insurance Account Representative | Insurance Sales Representative | |
| Most common degree | Bachelor's Degree, 56% | Bachelor's Degree, 59% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between insurance account representatives' and insurance sales representatives' demographics:
| Insurance Account Representative | Insurance Sales Representative | |
| Average age | 46 | 46 |
| Gender ratio | Male, 29.3% Female, 70.7% | Male, 53.9% Female, 46.1% |
| 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, 9.4% Unknown, 3.6% Hispanic or Latino, 16.2% Asian, 4.9% White, 65.8% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 7% | 7% |