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Insurance agent vs lead agent

The differences between insurance agents and lead agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, an insurance agent has an average salary of $51,936, which is higher than the $47,344 average annual salary of a lead agent.

The top three skills for an insurance agent include customer service, insurance sales and health insurance. The most important skills for a lead agent are inbound calls, customer care, and customer service.

Insurance agent vs lead agent overview

Insurance AgentLead Agent
Yearly salary$51,936$47,344
Hourly rate$24.97$22.76
Growth rate6%6%
Number of jobs67,97756,112
Job satisfaction5-
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 41%
Average age4646
Years of experience--

What does an insurance agent do?

An insurance agent is responsible for inviting potential clients to the insurance company by offering different insurance services. Insurance agents must have a comprehensive knowledge of insurance types to provide the clients with the best insurance option in the market. The insurance agents should evaluate a client's long-term needs and financial goals to create individual packages as the insurance company allowed. An insurance agent also handles policy renewals and keeps customers' insurance files for reference.

What does a lead agent do?

Lead agents assist with passenger-cargo acceptance and check-in and promote and sell air travel tickets to freight forwarders or the traveling public. Besides promoting safe travel and protecting the firm revenue and property, lead agents also assist distressed traveling customers. Also, lead agents interpret government rules to be observed for travel and cargo shipments. These professionals meet and dispatch aircraft within the required times and use their motor skills to complete related tasks.

Insurance agent vs lead agent salary

Insurance agents and lead agents have different pay scales, as shown below.

Insurance AgentLead Agent
Average salary$51,936$47,344
Salary rangeBetween $30,000 And $88,000Between $26,000 And $85,000
Highest paying CityNew York, NY-
Highest paying stateHawaii-
Best paying companyZ Capital Group-
Best paying industryFinance-

Differences between insurance agent and lead agent education

There are a few differences between an insurance agent and a lead agent in terms of educational background:

Insurance AgentLead Agent
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 41%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Insurance agent vs lead agent demographics

Here are the differences between insurance agents' and lead agents' demographics:

Insurance AgentLead Agent
Average age4646
Gender ratioMale, 51.6% Female, 48.4%Male, 54.8% Female, 45.2%
Race ratioBlack or African American, 9.3% Unknown, 3.6% Hispanic or Latino, 15.8% Asian, 4.9% White, 66.4% American Indian and Alaska Native, 0.1%Black or African American, 9.4% Unknown, 3.6% Hispanic or Latino, 16.0% Asian, 4.9% White, 66.0% American Indian and Alaska Native, 0.1%
LGBT Percentage7%7%

Differences between insurance agent and lead agent duties and responsibilities

Insurance agent example responsibilities.

  • Used consultative upselling techniques to provide leads
  • Maintain personal and confidential Medicare & Medicaid customer information following all HIPAA.
  • Follow all applicable HIPPA and privacy regulations.
  • Explain medical plans to Medicare / Medicaid eligible clients to ensure best fit.
  • Identify and solicit sales prospects in agency database and in the general marketplace.
  • Develop productive business relationships with key marketplace players by identifying the right products and services.
  • Show more

Lead agent example responsibilities.

  • Manage for multiple medical clients performing tasks such as medical billing, submitting insurance and verifying insurance including Medicare and Medicaid.
  • Line list development and route selection assistance through on-site and GIS review ensuring all landowners and property lines are identify.
  • Obtain current landowner and contact information from various courthouses and states in order to assist in FERC mandate maintenance operations.
  • Train new employees and troubleshoot Apollo computersystem.Onsite at Hewlett Packard/Agilent
  • Manage for multiple medical clients performing tasks such as medical billing, submitting insurance and verifying insurance including Medicare and Medicaid.
  • Conduct presentations regarding all policy information offer through AFLAC

Insurance agent vs lead agent skills

Common insurance agent skills
  • Customer Service, 25%
  • Insurance Sales, 8%
  • Health Insurance, 6%
  • Life Insurance Products, 6%
  • Financial Resources, 6%
  • Auto Insurance, 5%
Common lead agent skills
  • Inbound Calls, 28%
  • Customer Care, 15%
  • Customer Service, 7%
  • Outbound Calls, 4%
  • Computer System, 4%
  • VIP, 3%