Working as a Licensed Insurance Agent

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 $32.85 an hour? That's $68,329 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 analytical skills, math skills and self-confidence.

When it comes to the most important skills required to be a licensed insurance agent, we found that a lot of resumes listed 36.3% of licensed insurance agents included insurance sales, while 12.5% of resumes included customer service, and 5.8% of resumes included insurance products. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the licensed insurance agent job title. But what industry to start with? Most licensed insurance agents actually find jobs in the technology and professional industries.

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 39.3% of licensed insurance agents have a bachelor's degree. In terms of higher education levels, we found that 7.7% of licensed insurance agents have master's degrees. Even though some 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.

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Average Salary$68,329
Job Growth Rate10%

Licensed Insurance Agent Jobs

Licensed Insurance Agent Career Paths

Top Careers Before Licensed Insurance Agent
Cashier8.7 %
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Top Careers After Licensed Insurance Agent
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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 $68,329 per year or $33 per hour. The top 10 percent makes over $96,000 per year, while the bottom 10 percent under $48,000 per year.
Average Salary
$68,329

Best Paying Cities

City
Average Salary

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Licensed Medicare Insurance Agent Sign-Up Bonus, Work When &
Licensed Medicare Insurance Agent Sign-Up Bonus, Work When &
Assurance Independent Agents
Assurance Independent Agents
07/31/2020
07/31/2020
$80,00007/31/2020
$80,000
Licensed Insurance Agent
Licensed Insurance Agent
Greenstate Credit Union
Greenstate Credit Union
07/31/2020
07/31/2020
$34,24807/31/2020
$34,248
Licensed Life Insurance-IUL Experienced
Licensed Life Insurance-IUL Experienced
Asurea Insurance Services
Asurea Insurance Services
07/30/2020
07/30/2020
$50,00007/30/2020
$50,000
Licensed Insurance Customer Service Agent-WE Pay of Licensing Costs
Licensed Insurance Customer Service Agent-WE Pay of Licensing Costs
Teleperformance
Teleperformance
07/28/2020
07/28/2020
$31,30507/28/2020
$31,305
Work From Home Licensed Insurance Agent-Life & Health Bonus!
Work From Home Licensed Insurance Agent-Life & Health Bonus!
Sitel
Sitel
07/22/2020
07/22/2020
$35,47907/22/2020
$35,479
See More Recent Salaries

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Licensed Insurance Agent Demographics

Gender

Female

59.3 %

Male

36.4 %

Unknown

4.3 %
Ethnicity

White

64.1 %

Hispanic or Latino

14.5 %

Black or African American

12.7 %
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Foreign Languages Spoken

Spanish

66.3 %

French

8.3 %

Russian

2.8 %
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Licensed Insurance Agent Education

Schools

Kaplan University

10.7 %

Ashford University

9.5 %

Strayer University

8.6 %

University of South Florida

8.2 %
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Majors

Business

32.9 %

Insurance

7.8 %

Psychology

5.6 %

Accounting

5.2 %
Show More
Degrees

Bachelors

39.3 %

Associate

19.5 %

High School Diploma

18.1 %

Masters

7.7 %
Show More

Entry Level Jobs For Becoming A Licensed Insurance Agent

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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, 36.3% of licensed insurance agents listed insurance sales on their resume, but soft skills such as analytical skills and math skills 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, Washington, New Jersey, and Arizona. Licensed insurance agents make the most in New York with an average salary of $73,899. Whereas in Washington and New Jersey, they would average $72,287 and $71,232, respectively. While licensed insurance agents would only make an average of $69,470 in Arizona, 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. Maine

Total Licensed Insurance Agent Jobs:
96
Highest 10% Earn:
$115,000
Location Quotient:
1.97
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. Arizona

Total Licensed Insurance Agent Jobs:
324
Highest 10% Earn:
$111,000
Location Quotient:
1.39
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. Nevada

Total Licensed Insurance Agent Jobs:
148
Highest 10% Earn:
$108,000
Location Quotient:
1.68
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
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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.

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

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 best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

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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 $48,043. Allstate follows up with an average salary of $50,024, and then comes State Farm with an average of $48,235. 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 GLOBE LIFE INSURANCE, Red Ventures, and Aerotek

1. GEICO
4.4
Avg. Salary: 
$48,043
Licensed Insurance Agents Hired: 
683+
2. Allstate
4.7
Avg. Salary: 
$50,024
Licensed Insurance Agents Hired: 
491+
3. State Farm
4.7
Avg. Salary: 
$48,235
Licensed Insurance Agents Hired: 
374+
4. American Income Life Insurance ...
4.6
Avg. Salary: 
$47,049
Licensed Insurance Agents Hired: 
206+
5. Aflac
4.6
Avg. Salary: 
$69,840
Licensed Insurance Agents Hired: 
204+
6. Connextions
3.8
Avg. Salary: 
$34,929
Licensed Insurance Agents Hired: 
159+

Licensed Insurance Agent Videos

Recently Added Licensed Insurance Agent Jobs

Updated October 2, 2020