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The differences between insurance sales agents and real estate sales associates can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate sales associate has an average salary of $92,941, which is higher than the $49,587 average annual salary of an insurance sales agent.
The top three skills for an insurance sales agent include customer service, casualty insurance and work ethic. The most important skills for a real estate sales associate are lead generation, real estate market, and commercial property.
| Insurance Sales Agent | Real Estate Sales Associate | |
| Yearly salary | $49,587 | $92,941 |
| Hourly rate | $23.84 | $44.68 |
| Growth rate | 6% | 5% |
| Number of jobs | 73,485 | 148,646 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 51% | Bachelor's Degree, 60% |
| Average age | 46 | 49 |
| Years of experience | - | - |
An insurance sales agent is an individual who helps an insurance company generate new business by contacting customers and selling one or more types of insurance. Insurance sales agents conduct interviews of prospective clients to get data about their financial resources and explain the features of the various insurance policies. They analyze the clients' existing insurance policies and customize insurance programs to suit their needs. Insurance sales agents also do other administrative tasks, such as keeping records and handling policy renewals.
A Real Estate Associate helps clients rent, buy, and sell properties. They also advertise clients properties to other realtors and potential buyers, as well as negotiate contracts with buyers and agents by acting on their behalf.
Insurance sales agents and real estate sales associates have different pay scales, as shown below.
| Insurance Sales Agent | Real Estate Sales Associate | |
| Average salary | $49,587 | $92,941 |
| Salary range | Between $30,000 And $80,000 | Between $62,000 And $139,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | Hawaii | Massachusetts |
| Best paying company | Torchmark | Greenberg Traurig |
| Best paying industry | Finance | Professional |
There are a few differences between an insurance sales agent and a real estate sales associate in terms of educational background:
| Insurance Sales Agent | Real Estate Sales Associate | |
| Most common degree | Bachelor's Degree, 51% | Bachelor's Degree, 60% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | - |
Here are the differences between insurance sales agents' and real estate sales associates' demographics:
| Insurance Sales Agent | Real Estate Sales Associate | |
| Average age | 46 | 49 |
| Gender ratio | Male, 51.5% Female, 48.5% | Male, 47.1% Female, 52.9% |
| Race ratio | Black or African American, 9.4% 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, 5.2% Unknown, 4.3% Hispanic or Latino, 13.0% Asian, 6.8% White, 70.4% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 7% | 13% |