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Insurance solicitor vs licensed sales producer

The differences between insurance solicitors and licensed sales producers can be seen in a few details. Each job has different responsibilities and duties. Additionally, an insurance solicitor has an average salary of $46,251, which is higher than the $38,353 average annual salary of a licensed sales producer.

The top three skills for an insurance solicitor include endorsements, direct calls and . The most important skills for a licensed sales producer are customer service, financial products, and life insurance.

Insurance solicitor vs licensed sales producer overview

Insurance SolicitorLicensed Sales Producer
Yearly salary$46,251$38,353
Hourly rate$22.24$18.44
Growth rate6%6%
Number of jobs36,34340,137
Job satisfaction--
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 54%
Average age4646
Years of experience--

Insurance solicitor vs licensed sales producer salary

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

Insurance SolicitorLicensed Sales Producer
Average salary$46,251$38,353
Salary rangeBetween $30,000 And $69,000Between $28,000 And $52,000
Highest paying City-Madison, WI
Highest paying state-Wisconsin
Best paying company-Oracle
Best paying industry-Manufacturing

Differences between insurance solicitor and licensed sales producer education

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

Insurance SolicitorLicensed Sales Producer
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 54%
Most common majorBusinessBusiness
Most common collegeBoston UniversityUniversity of Pennsylvania

Insurance solicitor vs licensed sales producer demographics

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

Insurance SolicitorLicensed Sales Producer
Average age4646
Gender ratioMale, 39.5% Female, 60.5%Male, 39.2% Female, 60.8%
Race ratioBlack or African American, 7.2% Unknown, 3.5% Hispanic or Latino, 11.4% Asian, 4.2% White, 73.6% American Indian and Alaska Native, 0.1%Black or African American, 9.3% Unknown, 3.6% Hispanic or Latino, 15.9% Asian, 4.9% White, 66.2% American Indian and Alaska Native, 0.1%
LGBT Percentage7%7%

Differences between insurance solicitor and licensed sales producer duties and responsibilities

Insurance solicitor example responsibilities.

  • Cold-Cal to generate leads for individual life and disability insurance and annuities.
  • Contact police officers for additional information need, sort fingerprint reports, maintain monthly files, and notarize subpoenas of officers.
  • Ensure all require documents are sign, file and fax appropriately and follow all compliance guidelines and procedures by Allstate.

Licensed sales producer example responsibilities.

  • Generate production and leads through telemarketing sales.
  • Provide quotes, bound coverage for insurance products through Allstate and its brokered affiliates for new business and cross sell campaigns.
  • Directly-Assist agency owner in developing new market strategies to solicit new business and increase cross-selling to existing book of business.
  • Used consultative upselling techniques to provide leads

Insurance solicitor vs licensed sales producer skills

Common insurance solicitor skills
  • Endorsements, 51%
  • Direct Calls, 49%
Common licensed sales producer skills
  • Customer Service, 34%
  • Financial Products, 9%
  • Life Insurance, 6%
  • Product Knowledge, 3%
  • Policy Changes, 3%
  • Outbound Calls, 3%