What is an Insurance Producer

Insurance producers are responsible for implementing marketing strategies to develop a strong network of prospective clients. They develop leads and contact them via phone and face to face to market insurance products. They also service existing clients, conduct annual reviews, and seek opportunities to present products to enhance their insurance portfolios. Insurance producers earn an average salary of $46,000 annually or $22 per hour.

Insurance producers are true professionals who are passionate about what they do. They maintain knowledge on all commercial products, monitor all insurance policies from inception to closing, and generate demands for all products. They also assist in developing strategies to increase the prospective base for all clients and maintain knowledge of all new businesses. A great insurance producer needs to have excellent analytical and communication skills to succeed.

Insurance producers typically hold a bachelor's degree in business, accounting, finance, or other related fields. Although, some employers may accept a high school diploma or GED. They are expected to have past sales experience or any similar role. Some employers prefer candidates with an insurance license.

There is more than meets the eye when it comes to being an insurance producer. For example, did you know that they make an average of $35.38 an hour? That's $73,592 a year!

Between 2018 and 2028, the career is expected to grow 10% and produce 48,300 job opportunities across the U.S.

What Does an Insurance Producer Do

There are certain skills that many insurance producers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, communication skills and initiative.

Learn more about what an Insurance Producer does

How To Become an Insurance Producer

If you're interested in becoming an insurance producer, one of the first things to consider is how much education you need. We've determined that 53.0% of insurance producers have a bachelor's degree. In terms of higher education levels, we found that 6.8% of insurance producers have master's degrees. Even though most insurance producers have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become an insurance producer. When we researched the most common majors for an insurance producer, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on insurance producer resumes include high school diploma degrees or master's degree degrees.

You may find that experience in other jobs will help you become an insurance producer. In fact, many insurance producer jobs require experience in a role such as customer service representative. Meanwhile, many insurance producers also have previous career experience in roles such as sales associate or cashier.

What is the right job for my career path?

Tell us your goals and we'll match you with the right jobs to get there.

Average Salary
$73,592
Average Salary
Job Growth Rate
10%
Job Growth Rate
Job Openings
40,454
Job Openings
resume document icon

Don't Have A Professional Resume?

0 selections

Insurance Producer Career Paths

Insurance Producer Jobs You Might Like

What is the right job for my career path?

Tell us your goals and we'll match you with the rights job to get there.

Create The Perfect Resume

Our resume builder tool will walk you through the process of creating a stand-out Insurance Producer resume.

resume icon

Average Salary for an Insurance Producer

Insurance Producers in America make an average salary of $73,592 per year or $35 per hour. The top 10 percent makes over $82,000 per year, while the bottom 10 percent under $65,000 per year.
Average Salary
$73,592
Find Your Salary Estimate
How much should you be earning as an Insurance Producer? Use Zippia's Salary Calculator to get an estimation of how much you should be earning.
See More Salary Information

Calculate your salary

Use Zippia's Salary Calculator to see how your pay matches up.

Insurance Producer Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming an Insurance Producer. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

Learn How To Write an Insurance Producer Resume

At Zippia, we went through countless Insurance Producer resumes and compiled some information about how to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Insurance Producer Resume Examples And Templates

Insurance Producer Demographics

Insurance Producer Gender Statistics

male

48.6 %

female

46.8 %

unknown

4.5 %

Insurance Producer Ethnicity Statistics

White

70.8 %

Hispanic or Latino

14.4 %

Black or African American

8.3 %

Insurance Producer Foreign Languages Spoken Statistics

Spanish

53.5 %

French

7.9 %

Korean

3.5 %
Job Openings

Find the best Insurance Producer job for you

0 selections
0 selections
Show More Insurance Producer Demographics

Create The Perfect Resume

Our resume builder tool will walk you through the process of creating a stand-out Insurance Producer resume.

resume icon

Insurance Producer Education

Insurance Producer Majors

34.1 %
5.8 %

Insurance Producer Degrees

Bachelors

53.0 %

Associate

20.5 %

High School Diploma

11.0 %

Top Colleges for Insurance Producers

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

2. Boston University

Boston, MA • Private

In-State Tuition
$53,948
Enrollment
17,238

3. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-State Tuition
$14,760
Enrollment
31,451

4. Howard University

Washington, DC • Private

In-State Tuition
$26,756
Enrollment
6,166

5. SUNY College at Oswego

Oswego, NY • Private

In-State Tuition
$8,440
Enrollment
7,039

6. Stanford University

Stanford, CA • Private

In-State Tuition
$51,354
Enrollment
7,083

7. Baylor University

Waco, TX • Private

In-State Tuition
$45,542
Enrollment
14,159

8. University of Louisiana at Lafayette

Lafayette, LA • Private

In-State Tuition
$9,912
Enrollment
14,245

9. Ball State University

Muncie, IN • Private

In-State Tuition
$9,896
Enrollment
15,529

10. Butler University

Indianapolis, IN • Private

In-State Tuition
$41,120
Enrollment
4,553
Show More Insurance Producer Education Requirements
Job Openings

Find the best Insurance Producer job for you

0 selections
0 selections

Online Courses For Insurance Producer That You May Like

Fundamentals of Insurance - 1
udemy
4.3
(478)

Fundamentals of Insurance - 1...

Excel Skills for Insurance Professionals
udemy
4.5
(250)

From Vlookups to Pivot Tables: Learn the Excel basics anyone working in the insurance industry needs to know!...

Financial Analysis of Insurance Companies Professional Certificate Examination
edX (Global)

Ready to earn a professional certificate and stand out in your field? If you've gained a clear, comprehensive understanding of the courses, your next step is to complete the Financial Analysis of Insurance Companies Professional Certificate Examination from the New York Institute of Finance. The exam comprises 24 questions, timed at one hour. To qualify for the certificate, learners must receive a grade of at least 70% or higher. Prerequisite for this exam: Earn a Verified Certificate in all...

Show More Insurance Producer Courses
Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For an Insurance Producer

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 14.0% of insurance producers listed communication on their resume, but soft skills such as analytical skills and communication skills are important as well.

12 Insurance Producer RESUME EXAMPLES

Best States For an Insurance Producer

Some places are better than others when it comes to starting a career as an insurance producer. The best states for people in this position are Massachusetts, Wisconsin, New Hampshire, and Nebraska. Insurance producers make the most in Massachusetts with an average salary of $82,518. Whereas in Wisconsin and New Hampshire, they would average $77,304 and $76,591, respectively. While insurance producers would only make an average of $75,833 in Nebraska, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Nebraska

Total Insurance Producer Jobs:
96
Highest 10% Earn:
$111,000
Location Quotient:
1.07
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Alabama

Total Insurance Producer Jobs:
244
Highest 10% Earn:
$119,000
Location Quotient:
1.37
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Wisconsin

Total Insurance Producer Jobs:
196
Highest 10% Earn:
$113,000
Location Quotient:
0.88
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Full List Of Best States For Insurance Producers

How Do Insurance Producer Rate Their Jobs?

Working as an Insurance Producer? Share your experience anonymously.
Do you work as an Insurance Producer?
Rate how you like work as Insurance Producer. It's anonymous and will only take a minute.

Top Insurance Producer Employers

We've made finding a great employer to work for easy by doing the hard work for you. We looked into employers that employ insurance producers and discovered their number of insurance producer opportunities and average salary. Through our research, we concluded that State Farm was the best, especially with an average salary of $49,506. American Income Life Insurance .. follows up with an average salary of $47,956, and then comes Farmers Insurance Group with an average of $48,113. In addition, we know most people would rather work from home. So instead of having to change careers, we identified the best employers for remote work as an insurance producer. The employers include None, None, and None

Insurance Producer Videos

Updated August 18, 2021