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Insurance assistant vs insurance sales representative

The differences between insurance assistants 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 $35,308 average annual salary of an insurance assistant.

The top three skills for an insurance assistant include endorsements, data entry and customer service. The most important skills for an insurance sales representative are customer service, excellent time management, and work ethic.

Insurance assistant vs insurance sales representative overview

Insurance AssistantInsurance Sales Representative
Yearly salary$35,308$61,386
Hourly rate$16.98$29.51
Growth rate-3%6%
Number of jobs34,579201,879
Job satisfaction--
Most common degreeBachelor's Degree, 45%Bachelor's Degree, 59%
Average age4446
Years of experience4-

What does an insurance assistant do?

Insurance assistants work alongside insurance agents to gather information from clients, maintain insurance records, prepare documentation, handle mail and correspondence, calculate insurance premiums and awards, and recommend claim actions. Qualifications like good communication and negotiation skills, customer service orientation, research skills, and attention to detail are required for this position.

What does an insurance sales representative do?

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 assistant vs insurance sales representative salary

Insurance assistants and insurance sales representatives have different pay scales, as shown below.

Insurance AssistantInsurance Sales Representative
Average salary$35,308$61,386
Salary rangeBetween $29,000 And $42,000Between $38,000 And $97,000
Highest paying City-Washington, DC
Highest paying state-New York
Best paying company-FFL Partners
Best paying industry-Finance

Differences between insurance assistant and insurance sales representative education

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

Insurance AssistantInsurance Sales Representative
Most common degreeBachelor's Degree, 45%Bachelor's Degree, 59%
Most common majorBusinessBusiness
Most common college-University of Pennsylvania

Insurance assistant vs insurance sales representative demographics

Here are the differences between insurance assistants' and insurance sales representatives' demographics:

Insurance AssistantInsurance Sales Representative
Average age4446
Gender ratioMale, 18.8% Female, 81.2%Male, 53.9% Female, 46.1%
Race ratioBlack or African American, 13.8% Unknown, 4.3% Hispanic or Latino, 14.4% Asian, 3.9% White, 63.2% American Indian and Alaska Native, 0.5%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 Percentage11%7%

Differences between insurance assistant and insurance sales representative duties and responsibilities

Insurance assistant example responsibilities.

  • Cold-Cal to generate leads for individual life and disability insurance and annuities.
  • Analyze Medicaid models, Medicare and HIPAA transaction documents.
  • Assign ICD-9 and CPT codes to office visit and inpatient and outpatient procedures.
  • Process electronic claims, pre-existing and subrogation investigation, point of service, and PPO and HMO processing.
  • Train staff on billing software in regards to CPT codes and pricing, submission procedures, and industry regulations.
  • Perform verification of Medicare and Medicaid coverage and limits.
  • Show more

Insurance sales representative example responsibilities.

  • Used consultative upselling techniques to provide leads
  • Translate and assign diagnosis and medical procedures into CPT, ICD-9 and ICD-10 codes.
  • Lead rep for major payer.
  • Monitor the performance of each account rep.
  • Educate physicians and clinic staff on current ICD 9 and CPT coding regulations.
  • Comply with company policy, procedures, and pertinent laws and regulation such a HIPAA.
  • Show more

Insurance assistant vs insurance sales representative skills

Common insurance assistant skills
  • Endorsements, 13%
  • Data Entry, 10%
  • Customer Service, 9%
  • Insurance Policies, 8%
  • Photocopying, 5%
  • Loss Runs, 4%
Common insurance sales representative skills
  • Customer Service, 17%
  • Excellent Time Management, 16%
  • Work Ethic, 12%
  • Strong Customer Service, 11%
  • Strong Work Ethic, 11%
  • Lead Generation, 4%

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