Insurance adviser vs insurance producer

The differences between insurance advisers and insurance producers can be seen in a few details. Each job has different responsibilities and duties. Additionally, an insurance adviser has an average salary of $66,816, which is higher than the $65,112 average annual salary of an insurance producer.

The top three skills for an insurance adviser include insurance sales, insurance options and annuities. The most important skills for an insurance producer are casualty insurance, customer service, and develop leads.

Insurance adviser vs insurance producer overview

	Insurance Adviser	Insurance Producer
Yearly salary	$66,816	$65,112
Hourly rate	$32.12	$31.30
Growth rate	6%	6%
Number of jobs	47,713	44,922
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 58%	Bachelor's Degree, 53%
Average age	46	46
Years of experience	-	-

What does an insurance adviser do?

Insurance advisers are professionals who represent an insurance company to sell insurance products to clients and earn commission on each policy that they sell. These advisers are required to align the company's insurance policies to the financial needs of each individual so that they can sell the maximum number of policies. They must oversee whether correct information is provided by their clients while explaining to them the relevance of the different parts of the proposal form. Insurance advisers must also help their clients get their claim settlements by showing them the correct process and completing the required documents.

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 adviser vs insurance producer salary

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

	Insurance Adviser	Insurance Producer
Average salary	$66,816	$65,112
Salary range	Between $43,000 And $103,000	Between $45,000 And $93,000
Highest paying City	Madison, WI	Madison, WI
Highest paying state	Wisconsin	Wisconsin
Best paying company	Salesforce	Dahl Consulting
Best paying industry	-	Real Estate

Differences between insurance adviser and insurance producer education

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

	Insurance Adviser	Insurance Producer
Most common degree	Bachelor's Degree, 58%	Bachelor's Degree, 53%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Insurance adviser vs insurance producer demographics

Here are the differences between insurance advisers' and insurance producers' demographics:

	Insurance Adviser	Insurance Producer
Average age	46	46
Gender ratio	Male, 54.6% Female, 45.4%	Male, 51.9% Female, 48.1%
Race ratio	Black or African American, 9.4% Unknown, 3.6% Hispanic or Latino, 16.1% Asian, 4.9% White, 65.9% 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%

Differences between insurance adviser and insurance producer duties and responsibilities

Insurance adviser example responsibilities.

Manage civil litigation matters such as general and complex litigation.
Present appropriate annuities for clients to purchase that meet their specific needs, time frame, and risk tolerance
Direct the sale of life insurance policies, medical disability programs and annuities to military personnel and civilian members.
General resource to partnership on property and casualty matters, insurance policy contract review allowing partners to successfully negotiate litigation matters.
Revive AFLAC accounts previously close due to non-pay or dissatisfy customers.
Generate new business for Aflac by contacting potential customers and marketing one or more types of insurance.

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 adviser vs insurance producer skills

Common insurance adviser skills

Insurance Sales, 54%
Insurance Options, 6%
Annuities, 6%
Insurance Solutions, 6%
Insurance Coverage, 3%
Administrative Tasks, 3%

Common insurance producer skills

Casualty Insurance, 7%
Customer Service, 7%
Develop Leads, 6%
Health Insurance, 6%
Financial Services, 5%
Phone Calls, 5%

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Insurance Adviser
Insurance Adviser vs Insurance Producer

Updated January 8, 2025

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