Licensed Insurance Agent Careers

A licensed insurance agent works for an insurance company and sells insurance policies to customers new and old. Licensed insurance agents usually have a caseload of current customers that they assist. They answer any questions that customers may have about their policies and use their customer service skills to resolve problems, such as issues with coverage. Licensed insurance agents also need to generate revenue for their company by finding new clients and selling additional policies to existing ones. They need to have excellent communications skills and an extensive knowledge of their company's policies in order to succeed in this position.

Licensed insurance agents need a license from their state in order to work. To get licensed, they need to take a short course on insurance then pass an exam.

There are many different paths to getting an insurance license. Some agents have a bachelor's degree, while others only have a high school diploma and experience working in customer service. Once they are licensed, insurance agents can earn an average salary of $70,610 a year.

There is more than meets the eye when it comes to being a licensed insurance agent. For example, did you know that they make an average of $30.65 an hour? That's $63,761 a year!

Between 2018 and 2028, the career is expected to grow 10% and produce 48,300 job opportunities across the U.S.

What Does a Licensed Insurance Agent Do

There are certain skills that many licensed insurance 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 communication skills, self-confidence and analytical skills.

Learn more about what a Licensed Insurance Agent does

How To Become a Licensed Insurance Agent

If you're interested in becoming a licensed insurance agent, one of the first things to consider is how much education you need. We've determined that 50.0% of licensed insurance agents have a bachelor's degree. In terms of higher education levels, we found that 5.2% of licensed insurance agents have master's degrees. Even though most licensed insurance agents have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a licensed insurance agent. When we researched the most common majors for a licensed insurance agent, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on licensed insurance agent resumes include high school diploma degrees or master's degree degrees.

You may find that experience in other jobs will help you become a licensed insurance agent. In fact, many licensed insurance agent jobs require experience in a role such as customer service representative. Meanwhile, many licensed insurance agents also have previous career experience in roles such as cashier or sales associate.

What is the right job for my career path?

Tell us your goals and we'll match you with the right jobs to get there.

Average Salary
$63,761
Average Salary
Job Growth Rate
10%
Job Growth Rate
Job Openings
85,283
Job Openings

Licensed Insurance Agent Career Paths

Top Careers Before Licensed Insurance Agent

Cashier
9.0 %

Top Careers After Licensed Insurance Agent

Licensed Insurance Agent Jobs You Might Like

What is the right job for my career path?

Tell us your goals and we'll match you with the rights job to get there.

Average Salary for a Licensed Insurance Agent

Licensed Insurance Agents in America make an average salary of $63,761 per year or $31 per hour. The top 10 percent makes over $98,000 per year, while the bottom 10 percent under $41,000 per year.
Average Salary
$63,761
Find Your Salary Estimate
How much should you be earning as an Architect? Use Zippia's Salary Calculator to get an estimation of how much you should be earning.

Best Paying Cities For Licensed Insurance Agents

City
ascdesc
Average Salarydesc
New York, NY
Salary Range65k - 103k$82k$82,285
Birmingham, AL
Salary Range57k - 108k$79k$78,930
Springfield, MA
Salary Range62k - 96k$78k$78,067
Burlington, VT
Salary Range63k - 94k$77k$77,473
Philadelphia, PA
Salary Range57k - 93k$74k$73,568
Issaquah, WA
Salary Range59k - 89k$73k$73,079
Saint Paul, MN
Salary Range58k - 90k$73k$72,626
Omaha, NE
Salary Range55k - 90k$71k$71,038
Portland, OR
Salary Range56k - 88k$71k$70,695
Baltimore, MD
Salary Range54k - 89k$70k$69,849
South Bend, IN
Salary Range53k - 87k$69k$68,697
Cheyenne, WY
Salary Range52k - 86k$67k$67,403
Fargo, ND
Salary Range54k - 82k$67k$67,124
Rapid City, SD
Salary Range53k - 82k$66k$66,151
Washington, DC
Salary Range51k - 85k$66k$66,110
Detroit, MI
Salary Range52k - 83k$66k$66,060
Cleveland, OH
Salary Range50k - 82k$65k$64,642
Jackson, MS
Salary Range44k - 87k$62k$62,196
Denver, CO
Salary Range47k - 80k$62k$61,724
Memphis, TN
Salary Range45k - 83k$62k$61,617
$44k
$108k

Recently Added Salaries

CompanyascdescCompanyascdescStart DateascdescSalaryascdesc
Licensed Insurance Agent-Customer Care-Pets Best Insurance
Synchrony Financial
08/31/2021
$43,82708/31/2021
Licensed Insurance Agent-Customer Care-Pets Best Insurance
Synchrony Financial
08/31/2021
$43,82708/31/2021
Licensed Insurance Agent-Customer Care-Pets Best Insurance
Synchrony Financial
08/31/2021
$43,82708/31/2021
Licensed Insurance Agent-Customer Care-Pets Best Insurance
Synchrony Financial
08/31/2021
$43,82708/31/2021
Licensed Insurance Agent-4K !
American National Insurance Company
08/31/2021
$100,00008/31/2021
See More Recent Salaries

Calculate your salary

Use Zippia's Salary Calculator to see how your pay matches up.

Licensed Insurance Agent Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming a Licensed Insurance Agent. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

Learn How To Write a Licensed Insurance Agent Resume

At Zippia, we went through countless Licensed Insurance Agent resumes and compiled some information about how to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Licensed Insurance Agent Resume Examples And Templates

Licensed Insurance Agent Demographics

Gender

female

59.3 %

male

36.4 %

unknown

4.3 %

Ethnicity

White

70.8 %

Hispanic or Latino

13.6 %

Black or African American

9.1 %

Foreign Languages Spoken

Spanish

66.3 %

French

8.3 %

Russian

2.8 %
Show More Licensed Insurance Agent Demographics

Licensed Insurance Agent Education

Majors

Business
34.0 %

Degrees

Bachelors

50.0 %

Associate

23.0 %

High School Diploma

13.5 %

Top Colleges for Licensed Insurance 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
Show More Licensed Insurance Agent Education Requirements

Online Courses For Licensed Insurance Agent That You May Like

The Economics of Health Care Delivery
coursera

In this course, you'll learn about the key components of health care, and the economics behind their principles and pricing strategies. Professors Ezekiel Emanuel of Penn Medicine and Guy David of the Wharton School have designed this course to help you understand the complex structure of the health care system and health insurance. Through study and analysis of providers and insurance through an economic lens, you'll learn how basic economic principles apply to both principles and payment metho...

Customer Service Mastery: Delight Every Customer
udemy
4.6
(10,016)

Master Customer Service using this practical customer care course...

Understanding the Australian Health Care System
edX (Global)

This course will enable you to understand the workings of the Australian health care system. By following in the footsteps of patient journeys, you will gain an experiential understanding of how this multi-layered system operates in the context of the geographic, social and cultural landscapes of Australia and how to successfully navigate within this system. This course will enable you to answer questions such as: Why are there multiple layers within this health care system? What are these...

Show More Licensed Insurance Agent Courses
Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For a Licensed Insurance 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, 26.0% of licensed insurance agents listed life insurance on their resume, but soft skills such as communication skills and self-confidence are important as well.

Best States For a Licensed Insurance Agent

Some places are better than others when it comes to starting a career as a licensed insurance agent. The best states for people in this position are New York, Kansas, Massachusetts, and Alabama. Licensed insurance agents make the most in New York with an average salary of $82,154. Whereas in Kansas and Massachusetts, they would average $78,090 and $78,068, respectively. While licensed insurance agents would only make an average of $77,911 in Alabama, 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. Kansas

Total Licensed Insurance Agent Jobs:
561
Highest 10% Earn:
$128,000
Location Quotient:
1.26
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Vermont

Total Licensed Insurance Agent Jobs:
133
Highest 10% Earn:
$112,000
Location Quotient:
1.18
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Nebraska

Total Licensed Insurance Agent Jobs:
538
Highest 10% Earn:
$111,000
Location Quotient:
1.64
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Full List Of Best States For Licensed Insurance Agents

How Do Licensed Insurance Agent Rate Their Jobs?

Working as a Licensed Insurance Agent? Share your experience anonymously.
Do you work as a Licensed Insurance Agent?
Rate how you like work as Licensed Insurance Agent. It's anonymous and will only take a minute.

Top Licensed Insurance Agent Employers

We've made finding a great employer to work for easy by doing the hard work for you. We looked into employers that employ licensed insurance agents and discovered their number of licensed insurance agent opportunities and average salary. Through our research, we concluded that GEICO was the best, especially with an average salary of $38,580. Allstate follows up with an average salary of $37,441, and then comes State Farm with an average of $36,860. In addition, we know most people would rather work from home. So instead of having to change careers, we identified the best employers for remote work as a licensed insurance agent. The employers include Assurance, E! Entertainment Television, and National Agents Alliance

Licensed Insurance Agent Videos

Updated August 18, 2021