What is a Licensed Agent?

The title 'licensed agent' can refer to many job positions, such as real estate agents, insurance agents, and financial agents. But in general, a licensed agent is someone who has the authorization to act on behalf of a private individual or organization in selling a property, product, or service.

The duties of a licensed agent vary depending on the industry they work in. For example, a licensed real estate agent is responsible for helping sellers sell their properties and buyers find their dream homes. Insurance agents, on the other hand, provide various insurance products to their clients and help them select the right one depending on their needs and objectives.

Most jobs that require one to be a licensed agent also require at least an associate's or bachelor's degree. In terms of work experience, however, employer requirements vary widely between industries. For instance, real estate agents may need to have prior work experience to qualify for a job position, while insurance agents may start fresh from graduation. The salary of a licensed agent is also different for each industry. But generally, a licensed agent earns a base salary and makes additional income from commissions.

What Does a Licensed Agent Do

There are certain skills that many licensed agents have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed customer-service skills, detail oriented and math skills.

Learn more about what a Licensed Agent does

How To Become a Licensed Agent

If you're interested in becoming a licensed agent, one of the first things to consider is how much education you need. We've determined that 52.2% of licensed agents have a bachelor's degree. In terms of higher education levels, we found that 7.1% of licensed agents have master's degrees. Even though most licensed agents have a college degree, it's possible to become one with only a high school degree or GED.

Learn More About How To Become a Licensed Agent

Top Licensed Agent Jobs Near You

Licensed Agent Career Paths

As you move along in your career, you may start taking on more responsibilities or notice that you've taken on a leadership role. Using our career map, a licensed agent can determine their career goals through the career progression. For example, they could start out with a role such as account executive, progress to a title such as account manager and then eventually end up with the title senior account manager.

Average Salary for a Licensed Agent

Licensed Agents in America make an average salary of $42,315 per year or $20 per hour. The top 10 percent makes over $62,000 per year, while the bottom 10 percent under $28,000 per year.

Average Licensed Agent Salary

$42,315 Yearly

$20.34 hourly

$28,00010%

$42,000Median

$62,00090%

See More Salary Information

What Am I Worth?

Roles and Types of Licensed Agent

There are several types of licensed agent, including:

Agent

Role:

So long to the days of claiming you don't know where you want to go for lunch because, as an agent, you have a lot of decision-making power in your hands. Be prepared to use it.

Agents help clients by acting as their liasion. They negotiate terms of contracts, particularly on a financial level. The more money you make your client, the more money you'll be able to collect. So you'll want to work on your negotiation and persuasion skills.

Agents work in a variety of industries, so you can have your pick of opportunities. Some work in the entertainment industry, while others are in the financial scene. Wherever you end up, you'll most likely be working a full-time job. Although, some client meetings can be done outside of normal work hours. This means you might want to prepare yourself for some late nights.

Average Salary: $37,864
Degree: Bachelor's Degree

Overview Job Description Jobs

Insurance Agent

Role:

Well, insurance agents are salespeople, they have a very specific industry that they work in. Sometimes they may only sell one type of insurance, but many sell lots of different insurances. This includes car, rental and health.

While, you can get a job as an insurance agent with just a high school degree, many agents have a bachelor's degree. In addition, you need to be licensed in the state where you'll be working. But the learning doesn't stop there. Insurance agent learn a lot through their on-the-job training. Here's to learning something new every day!

Average Salary: $51,936
Degree: Bachelor's Degree

Overview How To Become Job Description Jobs

Sales Agent

Role:

With an average salary of $41,574 per year and a job growth rate of 4%, entering the career world as a Sales Agent is a good start. Not only will you have a stable job, but you also have the chance to explore other careers related to your professional path. You can be an Agent, an Account Executive, a Regional Sales Manager, and a National Sales Manager.

As a Sales Agent, also known as a sales representative, you will offer clients goods and services. Since you are selling or offering goods to existing and potential clients, you need to be knowledgeable about the product of the company in order to be able to assist the customers when they have concerns.

When it comes to skills and traits, you need to be creative and detail-oriented. You also need to have good math skills since you are doing business. Lastly, excellent customer service skills are needed as a Sales Agent; you need to know what your customer needs and provide them with appropriate goods and services.

Average Salary: $45,217
Degree: Bachelor's Degree

Overview How To Become Job Description Jobs

States With The Most Licensed Agent Jobs

Mouse over a state to see the number of active licensed agent jobs in each state. The darker areas on the map show where licensed agents earn the highest salaries across all 50 states.

Average Salary: Job Openings:

Number Of Licensed Agent Jobs By State

Rank	State	Number of Jobs	Average Salary
1	California	5,098	$47,791
2	Texas	3,766	$42,974
3	Illinois	1,958	$38,220
4	Florida	1,590	$40,863
5	Michigan	1,553	$33,772
6	North Carolina	1,401	$40,615
7	Pennsylvania	1,400	$37,129
8	New Jersey	1,395	$43,887
9	Arizona	1,348	$44,460
10	Washington	1,315	$57,941
11	Missouri	1,307	$38,071
12	Ohio	1,299	$36,908
13	Colorado	1,123	$40,471
14	New York	978	$48,144
15	Wisconsin	938	$52,008
16	Massachusetts	893	$53,210
17	South Carolina	839	$39,390
18	Iowa	793	$39,939
19	Oregon	769	$51,186
20	Georgia	742	$36,903
21	Tennessee	600	$39,151
22	Kansas	589	$38,313
23	Virginia	563	$30,263
24	Kentucky	549	$37,794
25	Utah	534	$36,660
26	Indiana	521	$40,694
27	Nebraska	520	$44,847
28	Alabama	476	$50,065
29	Minnesota	413	$45,201
30	Louisiana	403	$40,189
31	Maryland	400	$38,413
32	Nevada	382	$38,458
33	Delaware	320	$41,326
34	New Mexico	311	$36,444
35	Oklahoma	306	$36,212
36	Idaho	299	$41,701
37	Arkansas	291	$39,951
38	Connecticut	274	$45,022
39	Rhode Island	234	$51,230
40	Montana	220	$49,125
41	Mississippi	185	$41,216
42	New Hampshire	181	$56,123
43	North Dakota	179	$51,603
44	Hawaii	132	$43,264
45	Vermont	122	$47,619
46	Wyoming	113	$46,952
47	Alaska	110	$67,002
48	South Dakota	110	$51,937
49	West Virginia	105	$33,536
50	Maine	91	$49,347

Licensed Agent Education

Licensed Agent Majors

Business

34.1 %

Psychology

5.4 %

Marketing

5.4 %

Licensed Agent Degrees

Bachelors

52.2 %

Associate

20.6 %

High School Diploma

12.4 %

Top Colleges for Licensed Agents

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition

$55,584

Enrollment

10,764

2. Boston University

Boston, MA • Private

In-State Tuition

$53,948

Enrollment

17,238

3. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-State Tuition

$14,760

Enrollment

31,451

4. Howard University

Washington, DC • Private

In-State Tuition

$26,756

Enrollment

6,166

5. SUNY College at Oswego

Oswego, NY • Private

In-State Tuition

$8,440

Enrollment

7,039

6. Stanford University

Stanford, CA • Private

In-State Tuition

$51,354

Enrollment

7,083

7. Baylor University

Waco, TX • Private

In-State Tuition

$45,542

Enrollment

14,159

8. University of Louisiana at Lafayette

Lafayette, LA • Private

In-State Tuition

$9,912

Enrollment

14,245

9. Ball State University

Muncie, IN • Private

In-State Tuition

$9,896

Enrollment

15,529

10. Butler University

Indianapolis, IN • Private

In-State Tuition

$41,120

Enrollment

4,553

Top Skills For a Licensed Agent

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 30.8% of licensed agents listed hipaa on their resume, but soft skills such as customer-service skills and detail oriented are important as well.

HIPAA, 30.8%

Customer Service, 11.4%

Inbound Calls, 9.0%

Casualty Insurance, 5.9%

Life Insurance Products, 5.8%

Other Skills, 37.1%

Choose From 10+ Customizable Licensed Agent Resume templates

Zippia allows you to choose from different easy-to-use Licensed Agent templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Licensed Agent resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

Licensed Agent diversity

Licensed Agent Gender Distribution

Female

59%

Male

41%

After extensive research and analysis, Zippia's data science team found that:

Among licensed agents, 58.7% of them are women, while 41.3% are men.

The most common race/ethnicity among licensed agents is White, which makes up 66.4% of all licensed agents.

The most common foreign language among licensed agents is Spanish at 69.6%.

Online Courses For Licensed Agent That You May Like

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Best States For a Licensed Agent

Some places are better than others when it comes to starting a career as a licensed agent. The best states for people in this position are Alaska, Washington, New Hampshire, and Massachusetts. Licensed agents make the most in Alaska with an average salary of $67,002. Whereas in Washington and New Hampshire, they would average $57,941 and $56,123, respectively. While licensed agents would only make an average of $53,210 in Massachusetts, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Washington

Total Licensed Agent Jobs: 1,315

Highest 10% Earn:

$80,000

Location Quotient:

1.28

$57,941

Avg. Salary

View 1,315 Licensed Agent Jobs In WA

2. North Dakota

Total Licensed Agent Jobs: 179

Highest 10% Earn:

$68,000

Location Quotient:

1.37

$51,603

Avg. Salary

View 179 Licensed Agent Jobs In ND

3. Rhode Island

Total Licensed Agent Jobs: 234

Highest 10% Earn:

$79,000

Location Quotient:

1.37

$51,230

Avg. Salary

View 234 Licensed Agent Jobs In RI

Full List Of Best States For Licensed Agents

How Do Licensed Agents Rate Their Jobs?

Top Licensed Agent Employers

Most Common Employers For Licensed Agent

Rank	Company	Average Salary	Hourly Rate	Job Openings
1	New York Life Insurance	$54,698	$26.30	237
2	American Income Life Insurance	$49,791	$23.94	85
3	Combined Insurance	$48,116	$23.13	23
4	State Farm Insurance Agency	$44,753	$21.52	159
5	Connexion Point	$43,702	$21.01	41
6	Convey Health Solutions	$43,043	$20.69	46
7	Aflac	$42,896	$20.62	104
8	Optum	$42,523	$20.44	95
9	Humana	$42,253	$20.31	52
10	American Family Insurance	$41,913	$20.15	32

Licensed Agent Videos

Insurance Agents : How Much Money Does an Insurance Agent Earn?

A Day in the Life of a Life Insurance Agent

Updated April 6, 2023

What is a Licensed Agent?

What Does a Licensed Agent Do

How To Become a Licensed Agent

Licensed Agent Career Paths

Average Salary for a Licensed Agent

Roles and Types of Licensed Agent

Agent

Role:

Insurance Agent

Role:

Sales Agent

Role:

States With The Most Licensed Agent Jobs

Number Of Licensed Agent Jobs By State

Licensed Agent Education

Licensed Agent Majors

Licensed Agent Degrees

Top Colleges for Licensed Agents

1. University of Pennsylvania

2. Boston University

3. University of Minnesota - Twin Cities

4. Howard University

5. SUNY College at Oswego

6. Stanford University

7. Baylor University

8. University of Louisiana at Lafayette

9. Ball State University

10. Butler University

Top Skills For a Licensed Agent

Choose From 10+ Customizable Licensed Agent Resume templates

Licensed Agent diversity

Licensed Agent Gender Distribution

Online Courses For Licensed Agent That You May Like

Best States For a Licensed Agent

How Do Licensed Agents Rate Their Jobs?

Top Licensed Agent Employers

Most Common Employers For Licensed Agent

Licensed Agent Videos

Licensed Agent Related Careers

Licensed Agent Related Jobs

What Similar Roles Do

Resume For Related Jobs