Insurance Representative demographics and statistics in the US
Insurance representative demographics research summary. Zippia estimates insurance representative demographics and statistics in the United States by using a database of 30 million profiles. Our insurance representative estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about insurance representatives after extensive research and analysis:
- There are over 154,252 insurance representatives currently employed in the United States.
- 70.2% of all insurance representatives are women, while 29.8% are men.
- The average insurance representative age is 46 years old.
- The most common ethnicity of insurance representatives is White (65.9%), followed by Hispanic or Latino (16.1%), Black or African American (9.4%) and Asian (4.9%).
- Insurance representatives are most in-demand in Phoenix, AZ.
- The finance industry is the highest-paying for insurance representatives.
- 7% of all insurance representatives are LGBT.
On This Page
Insurance Representative demographics by:
Insurance Representative gender statistics
70.2% of insurance representatives are women and 29.8% of insurance representatives are men.
- Female, 70.2%
- Male, 29.8%
Insurance Representative gender ratio
| Gender | Percentages |
|---|---|
| Female | 70.2% |
| Male | 29.8% |
Insurance Representative gender pay gap
Women earn 96¢ for every $1 earned by men
Male Income
$36,138
Female Income
$34,659
Insurance Representative gender ratio over time
This data breaks down the percentage of men and women in insurance representative positions over time. Currently, 70.2% of insurance representatives are female.
Insurance Representative gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 32.03% | 67.97% |
| 2011 | 32.22% | 67.78% |
| 2012 | 30.44% | 69.56% |
| 2013 | 33.21% | 66.79% |
| 2014 | 30.93% | 69.07% |
| 2015 | 32.27% | 67.73% |
| 2016 | 31.54% | 68.46% |
| 2017 | 31.57% | 68.43% |
| 2018 | 31.19% | 68.81% |
| 2019 | 29.69% | 70.31% |
| 2020 | 28.60% | 71.40% |
| 2021 | 29.78% | 70.22% |
Insurance Representative related jobs gender ratio
We compared insurance representatives with similar job titles to see how gender ratios vary. As you can see, proprietary trader and floor trader have the biggest gender ratio gaps.
| Job Title | Male | Female |
|---|---|---|
| Insurance Follow Up Representative | 11% | 89% |
| Insurance Verification Specialist | 11% | 89% |
| Commercial Lines Account Manager | 13% | 87% |
| Insurance Representative | 30% | 70% |
| Futures Trader | 94% | 6% |
| Floor Trader | 95% | 5% |
| Proprietary Trader | 96% | 4% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Insurance Representative demographics by race
The most common ethnicity among insurance representatives is White, which makes up 65.9% of all insurance representatives. Comparatively, 16.1% of insurance representatives are Hispanic or Latino and 9.4% of insurance representatives are Black or African American.
- White, 65.9%
- Hispanic or Latino, 16.1%
- Black or African American, 9.4%
- Asian, 4.9%
- Unknown, 3.6%
- American Indian and Alaska Native, 0.1%
Insurance Representative Race
| Insurance Representative Race | Percentages |
|---|---|
| White | 65.9% |
| Hispanic or Latino | 16.1% |
| Black or African American | 9.4% |
| Asian | 4.9% |
| Unknown | 3.6% |
| American Indian and Alaska Native | 0.1% |
Insurance Representative race and ethnicity over time
See how insurance representative racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
- White
- Asian
- Hispanic or Latino
- Black or African American
Insurance Representative race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 74.36% | 8.00% | 3.85% | 12.59% |
| 2011 | 73.91% | 7.99% | 3.96% | 12.87% |
| 2012 | 73.01% | 8.38% | 4.10% | 12.84% |
| 2013 | 72.13% | 9.00% | 4.20% | 12.98% |
| 2014 | 71.57% | 8.60% | 4.21% | 13.98% |
| 2015 | 69.90% | 9.40% | 4.05% | 14.84% |
| 2016 | 70.86% | 9.01% | 4.09% | 13.96% |
| 2017 | 69.53% | 9.29% | 4.65% | 14.59% |
| 2018 | 70.42% | 8.03% | 4.56% | 15.12% |
| 2019 | 69.09% | 8.71% | 4.36% | 16.11% |
| 2020 | 67.34% | 7.81% | 4.99% | 15.84% |
| 2021 | 65.90% | 9.39% | 4.90% | 16.10% |
Insurance Representative wage gap by race
According to our data, white insurance representatives have the highest average salary compared to other ethnicities. Black or african american insurance representatives have the lowest average salary at $35,103.
| Ethnicity | Salary |
|---|---|
| Unknown | $36,268 |
| White | $37,043 |
| Black or African American | $35,103 |
| Asian | $36,402 |
| Hispanic or Latino | $35,901 |
Average insurance representative age
See how the average age of insurance representatives varies based on ethnicity and gender.
Male
Female
Insurance Representative age by race and gender
| Race | Male Age | Female Age |
|---|---|---|
| Unknown | 44 | 42 |
| White | 47 | 49 |
| Black or African American | 46 | 46.5 |
| Asian | 46 | 41 |
| Hispanic or Latino | 41 | 39 |
Insurance Representative age breakdown
The average age of insurance representatives is 40+ years years old, representing 66% of the insurance representative population.
Insurance Representative age breakdown
| Insurance Representative Years | Percentages |
|---|---|
| 40+ years | 66% |
| 30-40 years | 23% |
| 20-30 years | 11% |
Insurance Representative educational attainment
The most common degree for insurance representatives is bachelor's degree, with 45% of insurance representatives earning that degree. The second and third most common degree levels are associate degree degree at 21% and associate degree degree at 17%.
- Bachelor's, 45%
- Associate, 21%
- High School Diploma, 17%
- Diploma, 6%
- Other Degrees, 11%
Insurance Representatives by degree level
| Insurance Representative Degree | Percentages |
|---|---|
| Bachelor's | 45% |
| Associate | 21% |
| High School Diploma | 17% |
| Diploma | 6% |
| Other Degrees | 11% |
Insurance Representative Jobs You Might Like
Insurance Representative wage gap by degree level
According to the data, insurance representatives with a Bachelor's degree earn more than those without, at $38,229 annually. With a Master's degree, insurance representatives earn a median annual income of $38,190 compared to $37,008 for insurance representatives with an Doctorate degree.
| Education | Salary |
|---|---|
| Master's Degree | $38,190 |
| High School Diploma or Less | $34,653 |
| Bachelor's Degree | $38,229 |
| Doctorate Degree | $37,008 |
| Some College/ Associate Degree | $34,594 |
Insurance Representative employment statistics
Most insurance representatives work for a private in the health care industry.
Company size where insurance representatives work
Below, you can see the size of companies where insurance representatives work.
Insurance Representative jobs by employer size
| Company Size | Percentages |
|---|---|
| < 50 employees | 5% |
| 50 - 100 employees | 16% |
| 100 - 500 employees | 16% |
| 500 - 1,000 employees | 9% |
| 1,000 - 10,000 employees | 27% |
| > 10,000 employees | 28% |
Insurance Representative jobs by company type
Employees with the insurance representative job title have their preferences when it comes to working for a company. For instance, most insurance representatives prefer to work at private companies over public companies.
Insurance Representative jobs by sector
| Company Type | Percentages |
|---|---|
| Education | 1% |
| Public | 27% |
| Private | 70% |
| Government | 3% |
Insurance Representative jobs by industry
The most common industries for insurance representatives are health care, insurance and finance.
Insurance Representative industry statistics
| Industry | Percentages |
|---|---|
| Health Care | 23% |
| Insurance | 22% |
| Fortune 500 | 15% |
| Finance | 12% |
| Professional | 7% |
| Technology | 6% |
| Media | 2% |
| Government | 2% |
| Manufacturing | 2% |
| Retail | 2% |
| Pharmaceutical | 1% |
| Hospitality | 1% |
| Automotive | 1% |
| Utilities | 1% |
| Agriculture | 1% |
| Start-up | 1% |
| Non Profits | 1% |
| Real Estate | 1% |
| Education | 1% |
| Energy | 1% |
Insurance Representative turnover and employment statistics
Insurance Representative unemployment rate over time
The unemployment rate for insurance representatives between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
- Unemployment rate
Insurance Representative unemployment rate by year
| Year | Insurance Representative Unemployment Rate |
|---|---|
| 2010 | 5.09% |
| 2011 | 4.31% |
| 2012 | 4.18% |
| 2013 | 3.95% |
| 2014 | 3.23% |
| 2015 | 2.63% |
| 2016 | 2.47% |
| 2017 | 2.35% |
| 2018 | 1.88% |
| 2019 | 2.06% |
| 2020 | 3.05% |
| 2021 | 3.58% |
Average insurance representative tenure
The average insurance representative stays at their job for 1-2 years, based on the 5,889 insurance representatives resumes in Zippia's database.
Insurance Representative tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 28% |
| 1-2 years | 35% |
| 3-4 years | 13% |
| 5-7 years | 13% |
| 8-10 years | 5% |
| 11+ years | 7% |
Insurance Representative LGBT ratio compared to similar jobs
Review the percent of insurance representatives that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job Title | LGBT | Job Openings |
|---|---|---|
| Business To Business Sales Consultant | 5.13% | 134,216 |
| Finance & Sales Representative | 5.67% | 175,031 |
| Insurance Representative | 6.79% | - |
| Advertising Agent | 9.53% | 31,287 |
| Traveling Representative | 17.39% | 50,378 |
Similar insurance representative jobs LGBT demographics
| Profession | Percentages of LGBT | Job Openings |
|---|---|---|
| Business To Business Sales Consultant | 5.13% | 134,216 |
| Finance & Sales Representative | 5.67% | 175,031 |
| Advertising Agent | 9.53% | 31,287 |
| Traveling Representative | 17.39% | 50,378 |
Foreign languages spoken by insurance representatives
The most common foreign language among insurance representatives is Spanish at 71.1%. The second-most popular foreign language spoken is French at 6.5% and Portuguese is the third-most popular at 4.0%.
- Spanish, 71.1%
- French, 6.5%
- Portuguese, 4.0%
- Italian, 3.5%
- Chinese, 2.5%
- Other, 12.4%
Insurance Representative languages spoken
| Foreign Language | Percentages |
|---|---|
| Spanish | 71.1% |
| French | 6.5% |
| Portuguese | 4.0% |
| Italian | 3.5% |
| Chinese | 2.5% |
| Other | 12.4% |
