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The differences between licensed insurance producers and field agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a licensed insurance producer has an average salary of $66,026, which is higher than the $37,324 average annual salary of a field agent.
The top three skills for a licensed insurance producer include work ethic, lead generation and annuities. The most important skills for a field agent are GPS, long-term care, and health insurance.
| Licensed Insurance Producer | Field Agent | |
| Yearly salary | $66,026 | $37,324 |
| Hourly rate | $31.74 | $17.94 |
| Growth rate | 6% | 6% |
| Number of jobs | 54,872 | 96,067 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 57% | Bachelor's Degree, 52% |
| Average age | 46 | 46 |
| Years of experience | - | - |
An Insurance producer, also called an insurance agent that promotes and sells insurance benefits and packages to clients. This includes life insurance, property, and health insurance that is offered by not only one company. They are responsible for promoting customer service and creates a good relationship between the company and the insurer. They also serve as a point of a contract if there are insurers that need someone who can assist them with what particular package they can get.
Field agents are the ones who work and do their job not inside the four corners of the office; instead, they do the assigned task outside. They often are expected to have good communication skills so that they can get a response from the most unwilling person in the area. Besides, they must also possess good character traits and professionalism to effectively address higher-up's concerns. As the man on the field, they provide customer support more effectively.
Licensed insurance producers and field agents have different pay scales, as shown below.
| Licensed Insurance Producer | Field Agent | |
| Average salary | $66,026 | $37,324 |
| Salary range | Between $44,000 And $97,000 | Between $27,000 And $51,000 |
| Highest paying City | Washington, DC | Boston, MA |
| Highest paying state | Washington | Alaska |
| Best paying company | Berkshire Hathaway | Smith Seckman Reid |
| Best paying industry | Finance | Finance |
There are a few differences between a licensed insurance producer and a field agent in terms of educational background:
| Licensed Insurance Producer | Field Agent | |
| Most common degree | Bachelor's Degree, 57% | Bachelor's Degree, 52% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between licensed insurance producers' and field agents' demographics:
| Licensed Insurance Producer | Field Agent | |
| Average age | 46 | 46 |
| Gender ratio | Male, 39.2% Female, 60.8% | Male, 66.0% Female, 34.0% |
| Race ratio | Black or African American, 9.4% Unknown, 3.6% Hispanic or Latino, 16.1% Asian, 4.9% White, 65.9% American Indian and Alaska Native, 0.1% | Black or African American, 9.2% Unknown, 3.6% Hispanic or Latino, 15.7% Asian, 4.8% White, 66.5% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 7% | 7% |