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The differences between insurance producers and agency managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, an insurance producer has an average salary of $65,112, which is higher than the $55,080 average annual salary of an agency manager.
The top three skills for an insurance producer include casualty insurance, customer service and develop leads. The most important skills for an agency manager are insurance products, training programs, and lead generation.
| Insurance Producer | Agency Manager | |
| Yearly salary | $65,112 | $55,080 |
| Hourly rate | $31.30 | $26.48 |
| Growth rate | 6% | 6% |
| Number of jobs | 44,922 | 91,702 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 53% | Bachelor's Degree, 65% |
| Average age | 46 | 47 |
| Years of experience | - | - |
An insurance producer is responsible for selling and buying financial services and products for an insurance company. They negotiate issues regarding health, life insurance, and other properties. Also, an insurance producer maintains a good relationship between clients and prospective clients by offering the best insurance service and ensuring that all the policies and guidelines are fully followed.
An agency manager works alongside a recruitment team to find new applicants for a company's vacancies. Agency managers typically work in companies that have both a high number of employees and a regular recruitment schedule. Creative industries, especially in film and TV productions, commonly have agency managers. An agency manager works as part of a human resource team to bring in talent that will be beneficial to a company. A keen understanding of human behavior and strong communication skills are both necessary for this position. A psychology degree could also be beneficial.
Insurance producers and agency managers have different pay scales, as shown below.
| Insurance Producer | Agency Manager | |
| Average salary | $65,112 | $55,080 |
| Salary range | Between $45,000 And $93,000 | Between $28,000 And $106,000 |
| Highest paying City | Madison, WI | New York, NY |
| Highest paying state | Wisconsin | New York |
| Best paying company | Dahl Consulting | Cadence Design Systems |
| Best paying industry | Real Estate | - |
There are a few differences between an insurance producer and an agency manager in terms of educational background:
| Insurance Producer | Agency Manager | |
| Most common degree | Bachelor's Degree, 53% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between insurance producers' and agency managers' demographics:
| Insurance Producer | Agency Manager | |
| Average age | 46 | 47 |
| Gender ratio | Male, 51.9% Female, 48.1% | Male, 59.0% Female, 41.0% |
| Race ratio | Black or African American, 9.5% Unknown, 3.6% Hispanic or Latino, 16.1% Asian, 4.9% White, 65.8% American Indian and Alaska Native, 0.1% | Black or African American, 7.6% Unknown, 4.7% Hispanic or Latino, 12.8% Asian, 9.0% White, 65.2% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 7% | 10% |