1. University of Pennsylvania
Philadelphia, PA • Private
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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 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.
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.
As you move along in your career, you may start taking on more responsibilities or notice that you've taken on a leadership role. Using our career map, an insurance producer can determine their career goals through the career progression. For example, they could start out with a role such as account executive, progress to a title such as account manager and then eventually end up with the title senior account manager.
What Am I Worth?
The role of an insurance producer includes a wide range of responsibilities. These responsibilities can vary based on an individual's specific job, company, or industry.Here are some general insurance producer responsibilities:
There are several types of insurance producer, including:
So long to the days of claiming you don't know where you want to go for lunch because, as an agent, you have a lot of decision-making power in your hands. Be prepared to use it.
Agents help clients by acting as their liasion. They negotiate terms of contracts, particularly on a financial level. The more money you make your client, the more money you'll be able to collect. So you'll want to work on your negotiation and persuasion skills.
Agents work in a variety of industries, so you can have your pick of opportunities. Some work in the entertainment industry, while others are in the financial scene. Wherever you end up, you'll most likely be working a full-time job. Although, some client meetings can be done outside of normal work hours. This means you might want to prepare yourself for some late nights.
Well, insurance agents are salespeople, they have a very specific industry that they work in. Sometimes they may only sell one type of insurance, but many sell lots of different insurances. This includes car, rental and health.
While, you can get a job as an insurance agent with just a high school degree, many agents have a bachelor's degree. In addition, you need to be licensed in the state where you'll be working. But the learning doesn't stop there. Insurance agent learn a lot through their on-the-job training. Here's to learning something new every day!
Producers work for the entertainment industry. They secure resources and coordinate logistical arrangements for the making of a film, television show, or theatre performance. They make sure production expenses do not go over the budget, that deliverables are ready on time, and the finished products meet the expectations of investors.
They are responsible for hiring staff, coordinating creative work, preparing and presenting funding applications, monitoring and approving post-production work, and performing managerial tasks such as scheduling, planning work phases, and taking care of the marketing of the completed product.
If you want to be a producer, you should start with a college education in film or theatre or cultural management. It is not obligatory, though. Being a producer is all about finding creative ways to get something done, and there is never one path that always works. Many actors, writers, or other creative people who are now producers just started working on their own personal projects and discovered the know-how along the way.
Mouse over a state to see the number of active insurance producer jobs in each state. The darker areas on the map show where insurance producers earn the highest salaries across all 50 states.
|Rank||State||Number of Jobs||Average Salary|
Philadelphia, PA • Private
Boston, MA • Private
Minneapolis, MN • Private
Washington, DC • Private
Oswego, NY • Private
Stanford, CA • Private
Waco, TX • Private
Lafayette, LA • Private
Muncie, IN • Private
Indianapolis, IN • Private
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, 7.3% of insurance producers listed casualty insurance on their resume, but soft skills such as analytical skills and communication skills are important as well.
Zippia allows you to choose from different easy-to-use Insurance Producer templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Insurance Producer resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.
After extensive research and analysis, Zippia's data science team found that:
1. Risk Management in Personal Finance
This course is primarily aimed at those who want to understand more about how they can protect their finances from unexpected events. Taught by a CERTIFIED FINANCIAL PLANNER™ Professional, this course covers the role insurance plays into your financial plan, including what kinds of insurance to explore, how to determine how much insurance you need, and how different kinds of insurance works. The course includes life insurance, health insurance, disability insurance, homeowners insurance,...
2. Fundamentals of Insurance - 2
3. Fundamentals of Insurance - 1
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 Wisconsin, Massachusetts, New Hampshire, and Alaska. Insurance producers make the most in Wisconsin with an average salary of $77,783. Whereas in Massachusetts and New Hampshire, they would average $77,365 and $76,996, respectively. While insurance producers would only make an average of $76,654 in Alaska, 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. South Dakota
|Rank||Company||Average Salary||Hourly Rate||Job Openings|
|2||Mutual of Omaha||$76,347||$36.71||8|
|3||New York Life Insurance||$74,814||$35.97||15|
|4||World Financial Group||$72,513||$34.86||15|
|5||American Family Insurance||$70,401||$33.85||24|
|6||American Income Life Insurance||$69,757||$33.54||132|
|7||National Agents Alliance||$68,503||$32.93||7|