Insurance consultant demographics and statistics in the US
On this page
Insurance consultant demographics by:
Insurance consultant gender statistics
45.6% of insurance consultants are women and 54.4% of insurance consultants are men.
- Male, 54.4%
- Female, 45.6%
Insurance consultant gender ratio
| Gender | Percentages |
|---|---|
| Male | 54.4% |
| Female | 45.6% |
Insurance consultant gender pay gap
Women earn 92¢ for every $1 earned by men
Male income
$69,364
Female income
$63,772
Insurance consultant gender ratio over time
This data breaks down the percentage of men and women in insurance consultant positions over time. Currently, 45.6% of insurance consultants are female.
Insurance consultant gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 57.00% | 43.00% |
| 2011 | 57.21% | 42.79% |
| 2012 | 55.17% | 44.83% |
| 2013 | 58.31% | 41.69% |
| 2014 | 55.74% | 44.26% |
| 2015 | 57.27% | 42.73% |
| 2016 | 56.44% | 43.56% |
| 2017 | 56.48% | 43.52% |
| 2018 | 56.04% | 43.96% |
| 2019 | 54.29% | 45.71% |
| 2020 | 52.97% | 47.03% |
| 2021 | 54.39% | 45.61% |
Insurance consultant related jobs gender ratio
We compared insurance consultants 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 Consultant | 54% | 46% |
| 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 consultant demographics by race
The most common ethnicity among insurance consultants is White, which makes up 65.7% of all insurance consultants. Comparatively, 16.2% of insurance consultants are Hispanic or Latino and 9.5% of insurance consultants are Black or African American.
- White, 65.7%
- Hispanic or Latino, 16.2%
- Black or African American, 9.5%
- Asian, 4.9%
- Unknown, 3.6%
- American Indian and Alaska Native, 0.1%
Insurance consultant race
| Insurance consultant race | Percentages |
|---|---|
| White | 65.7% |
| Hispanic or Latino | 16.2% |
| Black or African American | 9.5% |
| Asian | 4.9% |
| Unknown | 3.6% |
| American Indian and Alaska Native | 0.1% |
Insurance consultant race and ethnicity over time
See how insurance consultant racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Insurance consultant race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 74.13% | 8.07% | 3.87% | 12.73% |
| 2011 | 73.69% | 8.06% | 3.98% | 13.01% |
| 2012 | 72.79% | 8.44% | 4.12% | 12.98% |
| 2013 | 71.91% | 9.06% | 4.22% | 13.12% |
| 2014 | 71.34% | 8.66% | 4.23% | 14.12% |
| 2015 | 69.67% | 9.47% | 4.07% | 14.98% |
| 2016 | 70.63% | 9.08% | 4.11% | 14.10% |
| 2017 | 69.31% | 9.36% | 4.67% | 14.73% |
| 2018 | 70.19% | 8.10% | 4.58% | 15.26% |
| 2019 | 68.86% | 8.77% | 4.38% | 16.25% |
| 2020 | 67.11% | 7.87% | 5.01% | 15.98% |
| 2021 | 65.67% | 9.46% | 4.92% | 16.23% |
Insurance consultant wage gap by race
According to our data, white insurance consultants have the highest average salary compared to other ethnicities. Black or african american insurance consultants have the lowest average salary at $65,427.
| Ethnicity | Salary |
|---|---|
| Unknown | $69,868 |
| White | $72,905 |
| Black or African American | $65,427 |
| Asian | $70,387 |
| Hispanic or Latino | $68,453 |
Average insurance consultant age
See how the average age of insurance consultants varies based on ethnicity and gender.
Male
Female
Insurance consultant 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 consultant age breakdown
The average age of insurance consultants is 40+ years years old, representing 66% of the insurance consultant population.
Insurance consultant age breakdown
| Insurance Consultant Years | Percentages |
|---|---|
| 40+ years | 66% |
| 30-40 years | 23% |
| 20-30 years | 11% |
Insurance consultant educational attainment
The most common degree for insurance consultants is bachelor's degree, with 61% of insurance consultants earning that degree. The second and third most common degree levels are associate degree degree at 17% and associate degree degree at 10%.
- Bachelor's, 61%
- Associate, 17%
- Master's, 10%
- High School Diploma, 7%
- Other Degrees, 5%
Insurance consultants by degree level
| Insurance consultant degree | Percentages |
|---|---|
| Bachelor's | 61% |
| Associate | 17% |
| Master's | 10% |
| High School Diploma | 7% |
| Other Degrees | 5% |
Insurance consultant jobs you might like
Insurance consultant wage gap by degree level
According to the data, insurance consultants with a Bachelor's degree earn more than those without, at $77,677 annually. With a Master's degree, insurance consultants earn a median annual income of $77,516 compared to $72,765 for insurance consultants with an Doctorate degree.
| Education | Salary |
|---|---|
| Master's Degree | $77,516 |
| High School Diploma or Less | $63,751 |
| Bachelor's Degree | $77,677 |
| Doctorate Degree | $72,765 |
| Some College/ Associate Degree | $63,532 |
Insurance consultant employment statistics
Most insurance consultants work for a private in the insurance industry.
Company size where insurance consultants work
Below, you can see the size of companies where insurance consultants work.
Insurance consultant jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 6% |
| 50 - 100 employees | 18% |
| 100 - 500 employees | 17% |
| 500 - 1,000 employees | 10% |
| 1,000 - 10,000 employees | 22% |
| > 10,000 employees | 26% |
Insurance consultant jobs by company type
Employees with the insurance consultant job title have their preferences when it comes to working for a company. For instance, most insurance consultants prefer to work at private companies over public companies.
Insurance consultant jobs by sector
| Company type | Percentages |
|---|---|
| Education | 1% |
| Public | 24% |
| Private | 72% |
| Government | 3% |
Insurance consultant jobs by industry
The most common industries for insurance consultants are insurance, finance and professional.
Insurance consultant industry statistics
| Industry | Percentages |
|---|---|
| Insurance | 29% |
| Finance | 12% |
| Fortune 500 | 12% |
| Professional | 10% |
| Technology | 7% |
| Health Care | 6% |
| Media | 3% |
| Government | 3% |
| Manufacturing | 3% |
| Retail | 3% |
| Hospitality | 2% |
| Automotive | 2% |
| Construction | 2% |
| Internet | 1% |
| Transportation | 1% |
| Telecommunication | 1% |
| Real Estate | 1% |
| Education | 1% |
Insurance consultant turnover and employment statistics
Insurance consultant unemployment rate over time
The unemployment rate for insurance consultants between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Insurance consultant unemployment rate by year
| Year | Insurance consultant 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 consultant tenure
The average insurance consultant stays at their job for 1-2 years, based on the 1,822 insurance consultants resumes in Zippia's database.
Insurance consultant tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 22% |
| 1-2 years | 33% |
| 3-4 years | 13% |
| 5-7 years | 15% |
| 8-10 years | 7% |
| 11+ years | 11% |
Insurance consultant LGBT ratio compared to similar jobs
Review the percent of insurance consultants 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 |
|---|---|---|
| Senior Account Executive/Team Leader | 5.13% | 167,878 |
| Airport Sales Agent | 5.67% | 41,045 |
| Insurance Consultant | 6.79% | - |
| Advertising Coordinator | 9.53% | 26,449 |
| Traveler | 17.39% | 3,649 |
Similar insurance consultant jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Senior Account Executive/Team Leader | 5.13% | 167,878 |
| Airport Sales Agent | 5.67% | 41,045 |
| Advertising Coordinator | 9.53% | 26,449 |
| Traveler | 17.39% | 3,649 |
Foreign languages spoken by insurance consultants
The most common foreign language among insurance consultants is Spanish at 59.7%. The second-most popular foreign language spoken is French at 6.9% and Portuguese is the third-most popular at 2.8%.
- Spanish, 59.7%
- French, 6.9%
- Portuguese, 2.8%
- Hindi, 2.8%
- Chinese, 2.8%
- Other, 25.0%
Insurance consultant languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 59.7% |
| French | 6.9% |
| Portuguese | 2.8% |
| Hindi | 2.8% |
| Chinese | 2.8% |
| Other | 25.0% |
