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Insurance consultant vs producer

The differences between insurance consultants and producers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a producer has an average salary of $72,202, which is higher than the $68,670 average annual salary of an insurance consultant.

The top three skills for an insurance consultant include insurance products, powerpoint and term care. The most important skills for a producer are work ethic, video production, and client relationships.

Insurance consultant vs producer overview

Insurance ConsultantProducer
Yearly salary$68,670$72,202
Hourly rate$33.01$34.71
Growth rate6%8%
Number of jobs42,38310,610
Job satisfaction--
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 79%
Average age4640
Years of experience-12

What does an insurance consultant do?

An insurance consultant works at insurance companies where they are primarily in charge of reviewing and assessing client requirements to match them with the insurance package that fits their needs and financial capabilities. It is also their responsibility to verify client information, conduct research and analyses, perform risk assessments, issue insurance quotations, and process insurance claims. An insurance consultant also assists clients by answering inquiries, helping them understand every procedure, recommending options, and solving issues and concerns should there be any.

What does a producer do?

A producer is an individual who is responsible for providing infrastructure, resources, and logistics in making a movie, television show, or stage production. Producers hire production staff such as director, crew, and sometimes actors to coordinate their activities throughout the production process. They support the creative team by conducting meetings to discuss the production's progress and ensure adherence to deadlines. Producers also travel often either to film on location for a movie or to tour with a theatre production.

Insurance consultant vs producer salary

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

Insurance ConsultantProducer
Average salary$68,670$72,202
Salary rangeBetween $44,000 And $105,000Between $43,000 And $120,000
Highest paying CitySeattle, WASan Francisco, CA
Highest paying stateWashingtonNevada
Best paying companyAIGMeta
Best paying industryMedia-

Differences between insurance consultant and producer education

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

Insurance ConsultantProducer
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 79%
Most common majorBusinessCommunication
Most common collegeUniversity of PennsylvaniaHarvard University

Insurance consultant vs producer demographics

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

Insurance ConsultantProducer
Average age4640
Gender ratioMale, 54.4% Female, 45.6%Male, 58.2% Female, 41.8%
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, 7.8% Unknown, 5.6% Hispanic or Latino, 14.4% Asian, 6.3% White, 65.7% American Indian and Alaska Native, 0.2%
LGBT Percentage7%14%

Differences between insurance consultant and producer 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

Producer example responsibilities.

  • Manage and augment existing budget with EP.
  • Manage production of a Sony HD motion graphics internal sales video.
  • Manage all union matters including, IASTE, DGA and AFTRA.
  • Prospect and generate new business through telemarketing leads, referrals, networking and cold leads.
  • Lead the creation of key titles including high profile X360 launch title and new NFL brand IP.
  • Manage and guide guest bloggers through the editing process, copy edit blogs and produce content in HTML.
  • Show more

Insurance consultant vs producer skills

Common insurance consultant skills
  • Insurance Products, 13%
  • PowerPoint, 12%
  • Term Care, 9%
  • Casualty Insurance, 9%
  • Customer Service, 7%
  • Health Insurance, 6%
Common producer skills
  • Work Ethic, 9%
  • Video Production, 6%
  • Client Relationships, 6%
  • Project Management, 6%
  • Cross-Selling, 6%
  • News Stories, 4%