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Insurance consultant vs commercial lines insurance agent

The differences between insurance consultants and commercial lines insurance agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, an insurance consultant has an average salary of $68,670, which is higher than the $55,459 average annual salary of a commercial lines insurance agent.

The top three skills for an insurance consultant include insurance products, powerpoint and term care. The most important skills for a commercial lines insurance agent are insurance carriers, insurance products, and insurance quotes.

Insurance consultant vs commercial lines insurance agent overview

Insurance ConsultantCommercial Lines Insurance Agent
Yearly salary$68,670$55,459
Hourly rate$33.01$26.66
Growth rate6%6%
Number of jobs42,38384,539
Job satisfaction--
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 52%
Average age4646
Years of experience--

Insurance consultant vs commercial lines insurance agent salary

Insurance consultants and commercial lines insurance agents have different pay scales, as shown below.

Insurance ConsultantCommercial Lines Insurance Agent
Average salary$68,670$55,459
Salary rangeBetween $44,000 And $105,000Between $35,000 And $87,000
Highest paying CitySeattle, WA-
Highest paying stateWashington-
Best paying companyAIG-
Best paying industryMedia-

Differences between insurance consultant and commercial lines insurance agent education

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

Insurance ConsultantCommercial Lines Insurance Agent
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 52%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Insurance consultant vs commercial lines insurance agent demographics

Here are the differences between insurance consultants' and commercial lines insurance agents' demographics:

Insurance ConsultantCommercial Lines Insurance Agent
Average age4646
Gender ratioMale, 54.4% Female, 45.6%Male, 33.6% Female, 66.4%
Race ratioBlack or African American, 9.5% Unknown, 3.6% Hispanic or Latino, 16.2% Asian, 4.9% White, 65.7% American Indian and Alaska Native, 0.1%Black or African American, 9.5% Unknown, 3.6% Hispanic or Latino, 16.4% Asian, 4.1% White, 66.3% American Indian and Alaska Native, 0.1%
LGBT Percentage7%7%

Differences between insurance consultant and commercial lines insurance agent duties and responsibilities

Insurance consultant example responsibilities.

  • Manage civil litigation matters such as general and complex litigation.
  • Advise clients with financial planning using annuities and UL products.
  • Represent the office at Medicare and Medicaid meetings to be inform of any changes.
  • Use excellent presentation skills to conduct group sessions to eligible Medicare and Medicaid individuals.
  • Represent multiple carriers offering life, disability, mortgage protection, final expense and annuities.
  • General resource to partnership on property and casualty matters, insurance policy contract review allowing partners to successfully negotiate litigation matters.
  • Show more

Commercial lines insurance agent example responsibilities.

  • Work with people in retirement helping manage their health and life insurance, also help structure their 401k's into annuities.
  • Provide unparallele brokerage services, specifically focusing on a thorough analysis of business risk and comprehensive options for clients.
  • Act as a retention specialist for Cigna Healthspring during AEP.

Insurance consultant vs commercial lines insurance agent skills

Common insurance consultant skills
  • Insurance Products, 13%
  • PowerPoint, 12%
  • Term Care, 9%
  • Casualty Insurance, 9%
  • Customer Service, 7%
  • Health Insurance, 6%
Common commercial lines insurance agent skills
  • Insurance Carriers, 30%
  • Insurance Products, 26%
  • Insurance Quotes, 13%
  • Insurance Policies, 6%
  • Professional Customer Service, 6%
  • AMS, 5%