If you have a passion for helping people alongside a strong work ethic, working as a licensed sales agent might be for you. Licensed sales agents contact prospective clients to sell products from a host of lines of goods. Insurance may be marketed to individuals or businesses through registered sales agents. These brokers also offer insurance as part of the wellness group.
Usually, a bachelor's degree is needed for this role. A university degree may allow seasoned agents to transition to risk management, actuaries, or other positions requiring post-secondary education. Moreover, it can be an enormous advantage to agents to have a career in business and economics. Licensed sales agents offer various insurance types, including property, casualties, disability, and life insurance coverage.
Agents must acquire licensure for their chosen particular line. Knowing what insurance you want to sell is an important phase in your career. The duties of a licensed sales agent include calling and interviewing potential clients to build and get information about their current coverage. They also discuss the features of various policies and customize policies to suit the clients' needs.
What is a Licensed Sales Agent?
What Does a Licensed Sales Agent Do
There are certain skills that many licensed sales 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.
How To Become a Licensed Sales Agent
If you're interested in becoming a licensed sales agent, one of the first things to consider is how much education you need. We've determined that 54.6% of licensed sales agents have a bachelor's degree. In terms of higher education levels, we found that 5.5% of licensed sales agents have master's degrees. Even though most licensed sales agents have a college degree, it's possible to become one with only a high school degree or GED.
Licensed Sales Agent Career Paths
In addition to switching up your job search, it might prove helpful to look at a career path for your specific job. Now, what's a career path you ask? Well, it's practically a map that shows how you might advance from one job title to another. Our career paths are especially detailed with salary changes. So, for example, if you started out with the role of sales agent you might progress to a role such as agent eventually. Later on in your career, you could end up with the title senior sales executive.
Average Salary for a Licensed Sales Agent
What Am I Worth?
States With The Most Licensed Sales Agent Jobs
Mouse over a state to see the number of active licensed sales agent jobs in each state. The darker areas on the map show where licensed sales agents earn the highest salaries across all 50 states.
Number Of Licensed Sales Agent Jobs By State
| Rank | State | Number of Jobs | Average Salary |
|---|---|---|---|
| 1 | California | 5,190 | $34,577 |
| 2 | Texas | 3,794 | $35,114 |
| 3 | Illinois | 1,701 | $37,789 |
| 4 | Florida | 1,626 | $33,605 |
| 5 | Michigan | 1,552 | $30,155 |
| 6 | Pennsylvania | 1,452 | $33,146 |
| 7 | North Carolina | 1,426 | $34,643 |
| 8 | New Jersey | 1,401 | $35,922 |
| 9 | Arizona | 1,366 | $31,829 |
| 10 | Washington | 1,337 | $34,647 |
| 11 | Missouri | 1,319 | $36,109 |
| 12 | Ohio | 1,285 | $32,077 |
| 13 | Colorado | 1,138 | $33,951 |
| 14 | Minnesota | 1,095 | $47,060 |
| 15 | New York | 1,004 | $55,084 |
| 16 | Wisconsin | 952 | $31,557 |
| 17 | Massachusetts | 889 | $35,487 |
| 18 | South Carolina | 860 | $30,957 |
| 19 | Oregon | 780 | $31,769 |
| 20 | Georgia | 711 | $32,284 |
| 21 | Iowa | 705 | $29,814 |
| 22 | Tennessee | 612 | $33,916 |
| 23 | Virginia | 579 | $32,924 |
| 24 | Kansas | 548 | $40,554 |
| 25 | Utah | 540 | $33,452 |
| 26 | Kentucky | 525 | $34,868 |
| 27 | Nebraska | 521 | $33,971 |
| 28 | Indiana | 520 | $32,687 |
| 29 | Alabama | 497 | $29,186 |
| 30 | Maryland | 419 | $31,383 |
| 31 | Nevada | 388 | $31,346 |
| 32 | Delaware | 326 | $37,258 |
| 33 | New Mexico | 316 | $30,601 |
| 34 | Oklahoma | 311 | $32,675 |
| 35 | Arkansas | 297 | $33,171 |
| 36 | Connecticut | 289 | $34,859 |
| 37 | Louisiana | 282 | $33,451 |
| 38 | Idaho | 273 | $29,741 |
| 39 | Rhode Island | 237 | $38,465 |
| 40 | Montana | 223 | $30,260 |
| 41 | New Hampshire | 182 | $35,454 |
| 42 | Mississippi | 176 | $29,315 |
| 43 | North Dakota | 170 | $35,487 |
| 44 | Vermont | 121 | $33,573 |
| 45 | Hawaii | 117 | $33,300 |
| 46 | Wyoming | 113 | $29,330 |
| 47 | Alaska | 111 | $36,599 |
| 48 | South Dakota | 108 | $33,868 |
| 49 | West Virginia | 106 | $28,997 |
| 50 | Maine | 96 | $33,165 |
Top Colleges for Licensed Sales Agents
1. Stanford University
Stanford, CA • Private
2. University of Pennsylvania
Philadelphia, PA • Private
3. Northwestern University
Evanston, IL • Private
4. Maine Maritime Academy
Castine, ME • Private
5. University of Southern California
Los Angeles, CA • Private
6. California State University - Bakersfield
Bakersfield, CA • Private
7. SUNY at Binghamton
Vestal, NY • Private
8. Villanova University
Villanova, PA • Private
9. San Diego State University
San Diego, CA • Private
10. Bentley University
Waltham, MA • Private
Top Skills For a Licensed Sales 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, 27.4% of licensed sales agents listed real estate on their resume, but soft skills such as customer-service skills and detail oriented are important as well.
Choose From 10+ Customizable Licensed Sales Agent Resume templates
Zippia allows you to choose from different easy-to-use Licensed Sales Agent templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Licensed Sales Agent resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.
Licensed Sales Agent Demographics
Licensed Sales Agent Gender Distribution
After extensive research and analysis, Zippia's data science team found that:
- Among licensed sales agents, 54.9% of them are women, while 45.1% are men.
- The most common race/ethnicity among licensed sales agents is White, which makes up 72.9% of all licensed sales agents.
- The most common foreign language among licensed sales agents is Spanish at 83.9%.
Work Experience Programs For Licensed Sales Agents
Virtual work experience programs replicate work at top companies and help you gain the skills to be successful when applying and working there. In only a few hours, learn the relevant tools necessary to complete a typical work day at that company. Virtual work experience programs are 100% free, open-access, and self-paced. No experience or application is required!
Company: JPMorgan Chase
Cost: Free
Duration: 4.5-6 hours
Company: Accenture North America
Cost: Free
Duration: 4-5 hours
Company: MinterEllison
Cost: Free
Duration: 3-4 hours
Company: PwC Switzerland
Cost: Free
Duration: 7-8 hours
Company: Accenture North America
Cost: Free
Duration: 4 hours
Company: Australasian Society for HIV, Viral Hepatitis and Sexual Health Medicine
Cost: Free
Duration: 5-6 hours
Company: JPMorgan Chase
Cost: Free
Duration: 4-5 hours
Online Courses For Licensed Sales Agent That You May Like
B2B Sales Skill: How to Cold Call over the Phone with Purpose, Navigate through Gatekeepers and Set Client Meetings...
Best States For a Licensed Sales Agent
Some places are better than others when it comes to starting a career as a licensed sales agent. The best states for people in this position are New York, Minnesota, Kansas, and Rhode Island. Licensed sales agents make the most in New York with an average salary of $55,084. Whereas in Minnesota and Kansas, they would average $47,060 and $40,554, respectively. While licensed sales agents would only make an average of $38,465 in Rhode Island, 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. Rhode Island
$38,465
Avg. Salary
2. Kansas
$40,554
Avg. Salary
3. Minnesota
$47,060
Avg. Salary
How Do Licensed Sales Agent Rate Their Jobs?
Top Licensed Sales Agent Employers
Most Common Employers For Licensed Sales Agent
| Rank | Company | Average Salary | Hourly Rate | Job Openings |
|---|---|---|---|---|
| 1 | Assurance | $53,120 | $25.54 | 40 |
| 2 | New York Life Insurance | $51,894 | $24.95 | 17 |
| 3 | Hagerty | $51,458 | $24.74 | 24 |
| 4 | American Income Life Insurance | $45,870 | $22.05 | 13 |
| 5 | State Farm Insurance Agency | $42,587 | $20.47 | 41 |
| 6 | Aflac | $38,888 | $18.70 | 24 |
| 7 | CNO Financial Group | $38,477 | $18.50 | 56 |
| 8 | Humana | $37,656 | $18.10 | 21 |
| 9 | Combined Insurance | $36,949 | $17.76 | 14 |
| 10 | State Farm | $36,276 | $17.44 | 21 |
Licensed Sales Agent Videos
