Insurance sales representative demographics and statistics in the US
Insurance sales representative demographics research summary. Zippia estimates insurance sales representative demographics and statistics in the United States by using a database of 30 million profiles. Our insurance sales 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 sales representatives after extensive research and analysis:
- There are over 154,542 insurance sales representatives currently employed in the United States.
- 46.1% of all insurance sales representatives are women, while 53.9% are men.
- The average insurance sales representative age is 46 years old.
- The most common ethnicity of insurance sales representatives is White (65.8%), followed by Hispanic or Latino (16.2%), Black or African American (9.4%) and Asian (4.9%).
- In 2022, women earned 91% of what men earned.
- 7% of all insurance sales representatives are LGBT.
- Insurance sales representatives are 74% more likely to work at private companies in comparison to public companies.
On this page
Insurance sales representative demographics by:
Insurance sales representative gender statistics
46.1% of insurance sales representatives are women and 53.9% of insurance sales representatives are men.
- Male, 53.9%
- Female, 46.1%
Insurance sales representative gender ratio
| Gender | Percentages |
|---|---|
| Male | 53.9% |
| Female | 46.1% |
Insurance sales representative gender pay gap
Women earn 91¢ for every $1 earned by men
Male income
$62,050
Female income
$56,715
Insurance sales representative gender ratio over time
This data breaks down the percentage of men and women in insurance sales representative positions over time. Currently, 46.1% of insurance sales representatives are female.
Insurance sales representative gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 56.56% | 43.44% |
| 2011 | 56.77% | 43.23% |
| 2012 | 54.72% | 45.28% |
| 2013 | 57.87% | 42.13% |
| 2014 | 55.30% | 44.70% |
| 2015 | 56.83% | 43.17% |
| 2016 | 56.00% | 44.00% |
| 2017 | 56.04% | 43.96% |
| 2018 | 55.59% | 44.41% |
| 2019 | 53.85% | 46.15% |
| 2020 | 52.52% | 47.48% |
| 2021 | 53.95% | 46.05% |
Insurance sales representative related jobs gender ratio
We compared insurance sales 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 Sales Representative | 54% | 46% |
| 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 sales representative demographics by race
The most common ethnicity among insurance sales representatives is White, which makes up 65.8% of all insurance sales representatives. Comparatively, 16.2% of insurance sales representatives are Hispanic or Latino and 9.4% of insurance sales representatives are Black or African American.
- White, 65.8%
- Hispanic or Latino, 16.2%
- Black or African American, 9.4%
- Asian, 4.9%
- Unknown, 3.6%
- American Indian and Alaska Native, 0.1%
Insurance sales representative race
| Insurance sales representative race | Percentages |
|---|---|
| White | 65.8% |
| Hispanic or Latino | 16.2% |
| Black or African American | 9.4% |
| Asian | 4.9% |
| Unknown | 3.6% |
| American Indian and Alaska Native | 0.1% |
Insurance sales representative race and ethnicity over time
See how insurance sales representative racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Insurance sales representative race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 74.27% | 8.03% | 3.86% | 12.64% |
| 2011 | 73.82% | 8.02% | 3.97% | 12.92% |
| 2012 | 72.92% | 8.40% | 4.11% | 12.89% |
| 2013 | 72.04% | 9.02% | 4.21% | 13.04% |
| 2014 | 71.48% | 8.62% | 4.22% | 14.04% |
| 2015 | 69.81% | 9.43% | 4.05% | 14.89% |
| 2016 | 70.77% | 9.04% | 4.09% | 14.02% |
| 2017 | 69.44% | 9.32% | 4.66% | 14.65% |
| 2018 | 70.33% | 8.06% | 4.57% | 15.17% |
| 2019 | 69.00% | 8.73% | 4.37% | 16.17% |
| 2020 | 67.25% | 7.83% | 4.99% | 15.89% |
| 2021 | 65.81% | 9.42% | 4.91% | 16.15% |
Insurance sales representative wage gap by race
According to our data, white insurance sales representatives have the highest average salary compared to other ethnicities. Black or african american insurance sales representatives have the lowest average salary at $58,291.
| Ethnicity | Salary |
|---|---|
| Unknown | $62,532 |
| White | $65,444 |
| Black or African American | $58,291 |
| Asian | $63,030 |
| Hispanic or Latino | $61,179 |
Average insurance sales representative age
See how the average age of insurance sales representatives varies based on ethnicity and gender.
Male
Female
Insurance sales 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 sales representative age breakdown
The average age of insurance sales representatives is 40+ years years old, representing 66% of the insurance sales representative population.
Insurance sales representative age breakdown
| Insurance Sales Representative Years | Percentages |
|---|---|
| 40+ years | 66% |
| 30-40 years | 23% |
| 20-30 years | 11% |
Insurance sales representative educational attainment
The most common degree for insurance sales representatives is bachelor's degree, with 59% of insurance sales representatives earning that degree. The second and third most common degree levels are associate degree degree at 18% and associate degree degree at 11%.
- Bachelor's, 59%
- Associate, 18%
- High School Diploma, 11%
- Master's, 5%
- Other Degrees, 7%
Insurance sales representatives by degree level
| Insurance sales representative degree | Percentages |
|---|---|
| Bachelor's | 59% |
| Associate | 18% |
| High School Diploma | 11% |
| Master's | 5% |
| Other Degrees | 7% |
Insurance sales representative jobs you might like
Insurance sales representative wage gap by degree level
According to the data, insurance sales representatives with a Bachelor's degree earn more than those without, at $70,036 annually. With a Master's degree, insurance sales representatives earn a median annual income of $69,881 compared to $65,310 for insurance sales representatives with an Doctorate degree.
| Education | Salary |
|---|---|
| Master's Degree | $69,881 |
| High School Diploma or Less | $56,694 |
| Bachelor's Degree | $70,036 |
| Doctorate Degree | $65,310 |
| Some College/ Associate Degree | $56,487 |
Insurance sales representative employment statistics
Most insurance sales representatives work for a private in the insurance industry.
Company size where insurance sales representatives work
Below, you can see the size of companies where insurance sales representatives work.
Insurance sales representative jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 5% |
| 50 - 100 employees | 16% |
| 100 - 500 employees | 20% |
| 500 - 1,000 employees | 10% |
| 1,000 - 10,000 employees | 26% |
| > 10,000 employees | 22% |
Insurance sales representative jobs by company type
Employees with the insurance sales representative job title have their preferences when it comes to working for a company. For instance, most insurance sales representatives prefer to work at private companies over public companies.
Insurance sales representative jobs by sector
| Company type | Percentages |
|---|---|
| Education | 1% |
| Public | 23% |
| Private | 74% |
| Government | 2% |
Insurance sales representative jobs by industry
The most common industries for insurance sales representatives are insurance, finance and professional.
Insurance sales representative industry statistics
| Industry | Percentages |
|---|---|
| Insurance | 34% |
| Fortune 500 | 14% |
| Finance | 12% |
| Professional | 10% |
| Health Care | 6% |
| Technology | 4% |
| Media | 2% |
| Government | 2% |
| Hospitality | 2% |
| Internet | 1% |
| Transportation | 1% |
| Telecommunication | 1% |
| Automotive | 1% |
| Construction | 1% |
| Manufacturing | 1% |
| Retail | 1% |
| Non Profits | 1% |
| Real Estate | 1% |
| Education | 1% |
| Energy | 1% |
Insurance sales representative turnover and employment statistics
Insurance sales representative unemployment rate over time
The unemployment rate for insurance sales representatives between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Insurance sales representative unemployment rate by year
| Year | Insurance sales 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 sales representative tenure
The average insurance sales representative stays at their job for 1-2 years, based on the 3,257 insurance sales representatives resumes in Zippia's database.
Insurance sales representative tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 30% |
| 1-2 years | 38% |
| 3-4 years | 11% |
| 5-7 years | 12% |
| 8-10 years | 4% |
| 11+ years | 5% |
Insurance sales representative LGBT ratio compared to similar jobs
Review the percent of insurance sales 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 |
|---|---|---|
| Associate Account Executive | 5.13% | 115,395 |
| Day Trader | 5.67% | 3,812 |
| Insurance Sales Representative | 6.79% | - |
| Media Sales Consultant | 9.53% | 143,671 |
| Travel Counselor | 17.39% | 32,840 |
Similar insurance sales representative jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Associate Account Executive | 5.13% | 115,395 |
| Day Trader | 5.67% | 3,812 |
| Media Sales Consultant | 9.53% | 143,671 |
| Travel Counselor | 17.39% | 32,840 |
Foreign languages spoken by insurance sales representatives
The most common foreign language among insurance sales representatives is Spanish at 66.9%. The second-most popular foreign language spoken is French at 7.0% and German is the third-most popular at 3.5%.
- Spanish, 66.9%
- French, 7.0%
- German, 3.5%
- Italian, 2.8%
- Mandarin, 2.8%
- Other, 17.0%
Insurance sales representative languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 66.9% |
| French | 7.0% |
| German | 3.5% |
| Italian | 2.8% |
| Mandarin | 2.8% |
| Other | 17.0% |
