Insurance adviser demographics and statistics in the US
Insurance adviser demographics research summary. Zippia estimates insurance adviser demographics and statistics in the United States by using a database of 30 million profiles. Our insurance adviser estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about insurance advisers after extensive research and analysis:
- There are over 9,743 insurance advisers currently employed in the United States.
- 45.4% of all insurance advisers are women, while 54.6% are men.
- The average insurance adviser age is 46 years old.
- The most common ethnicity of insurance advisers is White (65.9%), followed by Hispanic or Latino (16.1%), Black or African American (9.4%) and Asian (4.9%).
- In 2022, women earned 92% of what men earned.
- 7% of all insurance advisers are LGBT.
- Insurance advisers are 77% more likely to work at private companies in comparison to public companies.
On this page
Insurance adviser demographics by:
Insurance adviser gender statistics
45.4% of insurance advisers are women and 54.6% of insurance advisers are men.
- Male, 54.6%
- Female, 45.4%
Insurance adviser gender ratio
| Gender | Percentages |
|---|---|
| Male | 54.6% |
| Female | 45.4% |
Insurance adviser gender pay gap
Women earn 92¢ for every $1 earned by men
Male income
$67,500
Female income
$61,991
Insurance adviser gender ratio over time
This data breaks down the percentage of men and women in insurance adviser positions over time. Currently, 45.4% of insurance advisers are female.
Insurance adviser gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 57.23% | 42.77% |
| 2011 | 57.45% | 42.55% |
| 2012 | 55.41% | 44.59% |
| 2013 | 58.54% | 41.46% |
| 2014 | 55.98% | 44.02% |
| 2015 | 57.50% | 42.50% |
| 2016 | 56.68% | 43.32% |
| 2017 | 56.71% | 43.29% |
| 2018 | 56.28% | 43.72% |
| 2019 | 54.53% | 45.47% |
| 2020 | 53.21% | 46.79% |
| 2021 | 54.63% | 45.37% |
Insurance adviser related jobs gender ratio
We compared insurance advisers with similar job titles to see how gender ratios vary. As you can see, proprietary trader and floor trader have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Insurance Follow Up Representative | 11% | 89% |
| Insurance Verification Specialist | 11% | 89% |
| Commercial Lines Account Manager | 13% | 87% |
| Insurance Adviser | 55% | 45% |
| Futures Trader | 94% | 6% |
| Floor Trader | 95% | 5% |
| Proprietary Trader | 96% | 4% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Insurance adviser demographics by race
The most common ethnicity among insurance advisers is White, which makes up 65.9% of all insurance advisers. Comparatively, 16.1% of insurance advisers are Hispanic or Latino and 9.4% of insurance advisers are Black or African American.
- White, 65.9%
- Hispanic or Latino, 16.1%
- Black or African American, 9.4%
- Asian, 4.9%
- Unknown, 3.6%
- American Indian and Alaska Native, 0.1%
Insurance adviser race
| Insurance adviser race | Percentages |
|---|---|
| White | 65.9% |
| Hispanic or Latino | 16.1% |
| Black or African American | 9.4% |
| Asian | 4.9% |
| Unknown | 3.6% |
| American Indian and Alaska Native | 0.1% |
Insurance adviser race and ethnicity over time
See how insurance adviser racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Insurance adviser race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 74.33% | 8.01% | 3.85% | 12.61% |
| 2011 | 73.88% | 8.00% | 3.97% | 12.89% |
| 2012 | 72.98% | 8.39% | 4.10% | 12.86% |
| 2013 | 72.10% | 9.01% | 4.20% | 13.00% |
| 2014 | 71.54% | 8.60% | 4.22% | 14.00% |
| 2015 | 69.87% | 9.41% | 4.05% | 14.86% |
| 2016 | 70.83% | 9.02% | 4.09% | 13.98% |
| 2017 | 69.50% | 9.30% | 4.66% | 14.61% |
| 2018 | 70.39% | 8.04% | 4.56% | 15.14% |
| 2019 | 69.06% | 8.72% | 4.36% | 16.13% |
| 2020 | 67.31% | 7.81% | 4.99% | 15.86% |
| 2021 | 65.87% | 9.40% | 4.91% | 16.11% |
Insurance adviser wage gap by race
According to our data, white insurance advisers have the highest average salary compared to other ethnicities. Black or african american insurance advisers have the lowest average salary at $63,621.
| Ethnicity | Salary |
|---|---|
| Unknown | $67,997 |
| White | $70,991 |
| Black or African American | $63,621 |
| Asian | $68,509 |
| Hispanic or Latino | $66,602 |
Average insurance adviser age
See how the average age of insurance advisers varies based on ethnicity and gender.
Male
Female
Insurance adviser age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Unknown | 44 | 42 |
| White | 47 | 49 |
| Black or African American | 46 | 46.5 |
| Asian | 46 | 41 |
| Hispanic or Latino | 41 | 39 |
Insurance adviser age breakdown
The average age of insurance advisers is 40+ years years old, representing 66% of the insurance adviser population.
Insurance adviser age breakdown
| Insurance Adviser Years | Percentages |
|---|---|
| 40+ years | 66% |
| 30-40 years | 23% |
| 20-30 years | 11% |
Insurance adviser educational attainment
The most common degree for insurance advisers is bachelor's degree, with 58% of insurance advisers earning that degree. The second and third most common degree levels are associate degree degree at 15% and associate degree degree at 9%.
- Bachelor's, 58%
- Associate, 15%
- Master's, 9%
- High School Diploma, 8%
- Other Degrees, 10%
Insurance advisers by degree level
| Insurance adviser degree | Percentages |
|---|---|
| Bachelor's | 58% |
| Associate | 15% |
| Master's | 9% |
| High School Diploma | 8% |
| Other Degrees | 10% |
Insurance adviser jobs you might like
Insurance adviser wage gap by degree level
According to the data, insurance advisers with a Bachelor's degree earn more than those without, at $75,700 annually. With a Master's degree, insurance advisers earn a median annual income of $75,542 compared to $70,853 for insurance advisers with an Doctorate degree.
| Education | Salary |
|---|---|
| Master's Degree | $75,542 |
| High School Diploma or Less | $61,969 |
| Bachelor's Degree | $75,700 |
| Doctorate Degree | $70,853 |
| Some College/ Associate Degree | $61,755 |
Insurance adviser employment statistics
Most insurance advisers work for a private in the insurance industry.
Company size where insurance advisers work
Below, you can see the size of companies where insurance advisers work.
Insurance adviser jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 4% |
| 50 - 100 employees | 18% |
| 100 - 500 employees | 20% |
| 500 - 1,000 employees | 9% |
| 1,000 - 10,000 employees | 25% |
| > 10,000 employees | 23% |
Insurance adviser jobs by company type
Employees with the insurance adviser job title have their preferences when it comes to working for a company. For instance, most insurance advisers prefer to work at private companies over public companies.
Insurance adviser jobs by sector
| Company type | Percentages |
|---|---|
| Education | 3% |
| Public | 19% |
| Private | 77% |
| Government | 2% |
Insurance adviser jobs by industry
The most common industries for insurance advisers are insurance, finance and health care.
Insurance adviser industry statistics
| Industry | Percentages |
|---|---|
| Insurance | 30% |
| Finance | 14% |
| Fortune 500 | 13% |
| Health Care | 9% |
| Professional | 8% |
| Retail | 4% |
| Technology | 4% |
| Media | 3% |
| Manufacturing | 3% |
| Hospitality | 2% |
| Education | 2% |
| Internet | 1% |
| Government | 1% |
| Utilities | 1% |
| Construction | 1% |
| Start-up | 1% |
| Non Profits | 1% |
Insurance adviser turnover and employment statistics
Insurance adviser unemployment rate over time
The unemployment rate for insurance advisers between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Insurance adviser unemployment rate by year
| Year | Insurance adviser unemployment rate |
|---|---|
| 2010 | 5.09% |
| 2011 | 4.31% |
| 2012 | 4.18% |
| 2013 | 3.95% |
| 2014 | 3.23% |
| 2015 | 2.63% |
| 2016 | 2.47% |
| 2017 | 2.35% |
| 2018 | 1.88% |
| 2019 | 2.06% |
| 2020 | 3.05% |
| 2021 | 3.58% |
Average insurance adviser tenure
The average insurance adviser stays at their job for 1-2 years, based on the 1,089 insurance advisers resumes in Zippia's database.
Insurance adviser tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 26% |
| 1-2 years | 32% |
| 3-4 years | 12% |
| 5-7 years | 17% |
| 8-10 years | 6% |
| 11+ years | 6% |
Insurance adviser LGBT ratio compared to similar jobs
Review the percent of insurance advisers that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job title | LGBT | Job openings |
|---|---|---|
| Check Writer Sales Person | 5.13% | 42,816 |
| Finance Representative | 5.67% | 124,645 |
| Insurance Adviser | 6.79% | - |
| Account Executive, Advertising & Sales | 9.53% | 132,711 |
| Certified Travel Counselor | 17.39% | 64,668 |
Similar insurance adviser jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Check Writer Sales Person | 5.13% | 42,816 |
| Finance Representative | 5.67% | 124,645 |
| Account Executive, Advertising & Sales | 9.53% | 132,711 |
| Certified Travel Counselor | 17.39% | 64,668 |
Foreign languages spoken by insurance advisers
The most common foreign language among insurance advisers is Spanish at 45.5%. The second-most popular foreign language spoken is French at 9.1% and Chinese is the third-most popular at 6.8%.
- Spanish, 45.5%
- French, 9.1%
- Chinese, 6.8%
- Portuguese, 4.5%
- German, 4.5%
- Other, 29.6%
Insurance adviser languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 45.5% |
| French | 9.1% |
| Chinese | 6.8% |
| Portuguese | 4.5% |
| German | 4.5% |
| Other | 29.6% |
