There is more than meets the eye when it comes to being a licensed insurance producer. For example, did you know that they make an average of $35.55 an hour? That's $73,946 a year!
Between 2018 and 2028, the career is expected to grow 10% and produce 48,300 job opportunities across the U.S.
There are certain skills that many licensed insurance producers 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, initiative and communication skills.
When it comes to the most important skills required to be a licensed insurance producer, we found that a lot of resumes listed 34.2% of licensed insurance producers included insurance sales, while 8.4% of resumes included customer service, and 6.0% of resumes included auto insurance. 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 producer job title. But what industry to start with? Most licensed insurance producers actually find jobs in the insurance and retail industries.
If you're interested in becoming a licensed insurance producer, one of the first things to consider is how much education you need. We've determined that 41.5% of licensed insurance producers have a bachelor's degree. In terms of higher education levels, we found that 8.8% of licensed insurance producers have master's degrees. Even though most licensed insurance producers 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 producer. When we researched the most common majors for a licensed insurance producer, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on licensed insurance producer 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 producer. In fact, many licensed insurance producer jobs require experience in a role such as customer service representative. Meanwhile, many licensed insurance producers also have previous career experience in roles such as administrative assistant or sales associate.