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Insurance producer vs sales producer

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 vs sales producer overview

Insurance ProducerSales Producer
Yearly salary$65,112$51,287
Hourly rate$31.30$24.66
Growth rate6%6%
Number of jobs44,92241,951
Job satisfaction--
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 60%
Average age4646
Years of experience--

What does an insurance producer do?

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.

What does a sales producer do?

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 producer vs sales producer salary

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

Insurance ProducerSales Producer
Average salary$65,112$51,287
Salary rangeBetween $45,000 And $93,000Between $24,000 And $107,000
Highest paying CityMadison, WIArlington, MA
Highest paying stateWisconsinMassachusetts
Best paying companyDahl ConsultingCochrane & Company
Best paying industryReal Estate-

Differences between insurance producer and sales producer education

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

Insurance ProducerSales Producer
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 60%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Insurance producer vs sales producer demographics

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

Insurance ProducerSales Producer
Average age4646
Gender ratioMale, 51.9% Female, 48.1%Male, 53.2% Female, 46.8%
Race ratioBlack 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 Percentage7%7%

Differences between insurance producer and sales producer duties and responsibilities

Insurance producer example responsibilities.

  • Used consultative upselling techniques to provide leads
  • Facilitate communications between doctors, hospitals, third party insurance companies and patients to obtain and verify patient billing information.
  • Deliver on the GEICO promise to customers by solving problems and giving competent insurance advice in a courteous and proficient manner.

Sales producer example responsibilities.

  • Sell auto, home, boat, motorcycle and other specialty lines via leads, telemarketing, walk-ins, etc.
  • Generate production and leads through telemarketing sales.
  • Offer to clients annuities and other insurance products.
  • Learned and sell diverse health, life and Medicare insurance product line
  • Produce client's needs analysis and financial planning for retirement and annuities.
  • Help explain to potential prospects there rights and entitlements when electing a Medicare supplement.
  • Show more

Insurance producer vs sales producer skills

Common insurance producer skills
  • Casualty Insurance, 7%
  • Customer Service, 7%
  • Develop Leads, 6%
  • Health Insurance, 6%
  • Financial Services, 5%
  • Phone Calls, 5%
Common sales producer skills
  • Insurance Products, 13%
  • Strong Work Ethic, 10%
  • Business Relationships, 8%
  • Insurance Sales, 6%
  • Cross-Selling, 5%
  • Lead Generation, 5%