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What does an insurance producer do?

Updated January 8, 2025
6 min read
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.

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Insurance producer responsibilities

Here are examples of responsibilities from real insurance producer resumes:

  • 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.

Insurance producer skills and personality traits

We calculated that 7% of Insurance Producers are proficient in Casualty Insurance, Customer Service, and Develop Leads. They’re also known for soft skills such as Analytical skills, Communication skills, and Initiative.

We break down the percentage of Insurance Producers that have these skills listed on their resume here:

  • Casualty Insurance, 7%

    Licensed property and casualty insurance producer in 44 states, specializing in workers compensation insurance.

  • Customer Service, 7%

    Managed over 1500 association member accounts to ensure client satisfaction, claims customer service, renewal/retention and administrative support.

  • Develop Leads, 6%

    Develop leads and look for opportunities to sell life and health insurance as well as bank products.

  • Health Insurance, 6%

    Licensed in Property, Casualties, Life and Health Insurance, all office essentials along with assisting clients with adequate insurance.

  • Financial Services, 5%

    Offer a broad array of financial services, through our affiliated companies, to individuals and families.

  • Phone Calls, 5%

    Answered high volume of inbound phone calls from AARP members requesting insurance to meet their personal lines insurance needs.

Common skills that an insurance producer uses to do their job include "casualty insurance," "customer service," and "develop leads." You can find details on the most important insurance producer responsibilities below.

Analytical skills. The most essential soft skill for an insurance producer to carry out their responsibilities is analytical skills. This skill is important for the role because "insurance sales agents must evaluate the needs of each client to determine the appropriate insurance policy." Additionally, an insurance producer resume shows how their duties depend on analytical skills: "receive telephone calls and direct as and where necessary, make payments/remittance and manage electronic filing database. "

Communication skills. Another soft skill that's essential for fulfilling insurance producer duties is communication skills. The role rewards competence in this skill because "insurance sales agents must listen to clients and be able to clearly explain suitable policies." According to an insurance producer resume, here's how insurance producers can utilize communication skills in their job responsibilities: "learned phone etiquette learned more computer skill improved communication and customer service"

Initiative. This is an important skill for insurance producers to perform their duties. For an example of how insurance producer responsibilities depend on this skill, consider that "insurance sales agents need to actively seek out new clients in order to increase business." This excerpt from a resume also shows how vital it is to everyday roles and responsibilities of an insurance producer: "collected and presented information on customer service initiatives for national offices. ".

Self-confidence. A big part of what insurance producers do relies on "self-confidence." You can see how essential it is to insurance producer responsibilities because "insurance sales agents should be confident when contacting prospective clients." Here's an example of how this skill is used from a resume that represents typical insurance producer tasks: "associate * fireball series award * educate, enroll, and service policy holders and employers * confidentiality"

See the full list of insurance producer skills

The three companies that hire the most insurance producers are:

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Compare different insurance producers

Insurance producer vs. Geek squad agent

A geek squad agent specializes in providing various computer services such as technical and maintenance support. Their responsibilities typically revolve around communicating with clients through calls or correspondence, troubleshooting, and helping them navigate through complex operations. They may also offer products and services, process payments, arrange store appointments, perform regular maintenance checks, and provide cost estimates to clients. Furthermore, as a geek squad agent, it is essential to coordinate with staff and report sales progress or concerns to managers or supervisors.

We looked at the average insurance producer salary and compared it with the wages of a geek squad agent. Generally speaking, geek squad agents are paid $33,188 lower than insurance producers per year.Even though insurance producers and geek squad agents are distinct careers, a few of the skills required for both jobs are similar. For example, both careers require customer service, phone calls, and product knowledge in the day-to-day roles and responsibilities.

These skill sets are where the common ground ends though. The responsibilities of an insurance producer are more likely to require skills like "casualty insurance," "develop leads," "health insurance," and "team-oriented environment." On the other hand, a job as a geek squad agent requires skills like "client devices," "consumer electronics," "repair computers," and "precinct." As you can see, what employees do in each career varies considerably.

On average, geek squad agents reach similar levels of education than insurance producers. Geek squad agents are 3.5% less likely to earn a Master's Degree and 0.9% less likely to graduate with a Doctoral Degree.

Insurance producer vs. Field agent

Field agents are the ones who work and do their job not inside the four corners of the office; instead, they do the assigned task outside. They often are expected to have good communication skills so that they can get a response from the most unwilling person in the area. Besides, they must also possess good character traits and professionalism to effectively address higher-up's concerns. As the man on the field, they provide customer support more effectively.

Field agent positions earn lower pay than insurance producer roles. They earn a $27,788 lower salary than insurance producers per year.A few skills overlap for insurance producers and field agents. Resumes from both professions show that the duties of each career rely on skills like "health insurance," "life insurance products," and "insurance sales. "

Each career also uses different skills, according to real insurance producer resumes. While insurance producer responsibilities can utilize skills like "casualty insurance," "customer service," "develop leads," and "team-oriented environment," field agents use skills like "gps," "long-term care," "subpoenas," and "law enforcement agencies."

Field agents earn a lower average salary than insurance producers. But field agents earn the highest pay in the finance industry, with an average salary of $53,420. Additionally, insurance producers earn the highest salaries in the real estate with average pay of $62,146 annually.field agents earn similar levels of education than insurance producers in general. They're 1.0% less likely to graduate with a Master's Degree and 0.9% less likely to earn a Doctoral Degree.

Insurance producer vs. Lead agent

Lead agents assist with passenger-cargo acceptance and check-in and promote and sell air travel tickets to freight forwarders or the traveling public. Besides promoting safe travel and protecting the firm revenue and property, lead agents also assist distressed traveling customers. Also, lead agents interpret government rules to be observed for travel and cargo shipments. These professionals meet and dispatch aircraft within the required times and use their motor skills to complete related tasks.

On average scale, lead agents bring in lower salaries than insurance producers. In fact, they earn a $17,768 lower salary per year.By looking over several insurance producers and lead agents resumes, we found that both roles require similar skills in their day-to-day duties, such as "customer service," "product knowledge," and "inbound calls." But beyond that, the careers look very different.

The required skills of the two careers differ considerably. For example, insurance producers are more likely to have skills like "casualty insurance," "develop leads," "health insurance," and "team-oriented environment." But a lead agent is more likely to have skills like "team support," "customer care," "computer system," and "vip."

Lead agents typically earn similar educational levels compared to insurance producers. Specifically, they're 2.8% less likely to graduate with a Master's Degree, and 0.6% less likely to earn a Doctoral Degree.

Insurance producer vs. Agent

Agents are individuals who are employed by their clients to represent them in various dealings. Agents are usually employed by people in the show business industry, such as actors, writers, or directors. They meet people who are interested in dealing with their clients. They listen to the plans and vision for the project and assess if the project fits their clients' interests or public image. In the case of agents whose clients are actors, they send their clients to auditions upon review of the project details. Agents are also responsible for negotiating terms on behalf of their clients, such as salary, royalties, and set benefits, among others. They also inform the project leaders of their clients' demands on set. Agents are expected to be business-savvy and good negotiators.

Agents average a lower salary than the annual salary of insurance producers. The difference is about $27,248 per year.According to resumes from insurance producers and agents, some of the skills necessary to complete the responsibilities of each role are similar. These skills include "customer service," "health insurance," and "financial services. "Each job also requires different skills to carry out their responsibilities. An insurance producer uses "casualty insurance," "develop leads," "team-oriented environment," and "phone calls." Agents are more likely to have duties that require skills in "insurance products," "life insurance," "hr," and "real estate. "agents reach similar levels of education compared to insurance producers, in general. The difference is that they're 2.0% more likely to earn a Master's Degree, and 0.4% less likely to graduate with a Doctoral Degree.

Types of insurance producer

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.