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The differences between insurance producers and sales producers 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 $51,287 average annual salary of a sales producer.
The top three skills for an insurance producer include casualty insurance, customer service and develop leads. The most important skills for a sales producer are insurance products, strong work ethic, and business relationships.
| Insurance Producer | Sales Producer | |
| Yearly salary | $65,112 | $51,287 |
| Hourly rate | $31.30 | $24.66 |
| Growth rate | 6% | 6% |
| Number of jobs | 44,922 | 41,951 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 53% | Bachelor's Degree, 60% |
| Average age | 46 | 46 |
| 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.
A sales producer is responsible for performing sales calls and administering all leads. You will be responsible for preparing the policies aimed at sales procedures and developing the necessary sales documents. Other responsibilities include making sure that all sales personnel adhere to all policies and procedures, coordinating with customers about policy expiration dates, and maintaining strong and long-lasting relationships with customers. As a sales producer, you will be responsible for managing prospective sale campaigns and managing all correspondence with both prospective and existing clients.
Insurance producers and sales producers have different pay scales, as shown below.
| Insurance Producer | Sales Producer | |
| Average salary | $65,112 | $51,287 |
| Salary range | Between $45,000 And $93,000 | Between $24,000 And $107,000 |
| Highest paying City | Madison, WI | Arlington, MA |
| Highest paying state | Wisconsin | Massachusetts |
| Best paying company | Dahl Consulting | Cochrane & Company |
| Best paying industry | Real Estate | - |
There are a few differences between an insurance producer and a sales producer in terms of educational background:
| Insurance Producer | Sales Producer | |
| Most common degree | Bachelor's Degree, 53% | Bachelor's Degree, 60% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between insurance producers' and sales producers' demographics:
| Insurance Producer | Sales Producer | |
| Average age | 46 | 46 |
| Gender ratio | Male, 51.9% Female, 48.1% | Male, 53.2% Female, 46.8% |
| 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, 9.5% Unknown, 3.6% Hispanic or Latino, 16.2% Asian, 4.9% White, 65.7% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 7% | 7% |