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Licensed sales agent vs licensed sales producer

The differences between licensed sales agents and licensed sales producers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a licensed sales producer has an average salary of $38,353, which is higher than the $36,453 average annual salary of a licensed sales agent.

The top three skills for a licensed sales agent include real estate, lead generation and customer service. The most important skills for a licensed sales producer are customer service, financial products, and life insurance.

Licensed sales agent vs licensed sales producer overview

Licensed Sales AgentLicensed Sales Producer
Yearly salary$36,453$38,353
Hourly rate$17.53$18.44
Growth rate10%6%
Number of jobs63,32440,137
Job satisfaction--
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 54%
Average age4346
Years of experience6-

Licensed sales agent vs licensed sales producer salary

Licensed sales agents and licensed sales producers have different pay scales, as shown below.

Licensed Sales AgentLicensed Sales Producer
Average salary$36,453$38,353
Salary rangeBetween $25,000 And $51,000Between $28,000 And $52,000
Highest paying CityMinnetonka, MNMadison, WI
Highest paying stateNew YorkWisconsin
Best paying companyOracleOracle
Best paying industryFinanceManufacturing

Differences between licensed sales agent and licensed sales producer education

There are a few differences between a licensed sales agent and a licensed sales producer in terms of educational background:

Licensed Sales AgentLicensed Sales Producer
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 54%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Licensed sales agent vs licensed sales producer demographics

Here are the differences between licensed sales agents' and licensed sales producers' demographics:

Licensed Sales AgentLicensed Sales Producer
Average age4346
Gender ratioMale, 45.1% Female, 54.9%Male, 39.2% Female, 60.8%
Race ratioBlack or African American, 5.9% Unknown, 4.2% Hispanic or Latino, 12.6% Asian, 9.5% White, 67.6% American Indian and Alaska Native, 0.2%Black or African American, 9.3% Unknown, 3.6% Hispanic or Latino, 15.9% Asian, 4.9% White, 66.2% American Indian and Alaska Native, 0.1%
LGBT Percentage6%7%

Differences between licensed sales agent and licensed sales producer duties and responsibilities

Licensed sales agent example responsibilities.

  • Schedule and meet individuals\groups for assign or self-generate leads, assist and enroll eligible individuals in suitable Medicare product.
  • Develop a working knowledge of the Medicaid program used to educate customers on product eligibility.
  • Demonstrate strong understanding of Comcast products, promoting and selling offerings to individual customers by knocking every door within assign territories.
  • Service Humana ACA plan members on benefits, service.
  • Comply with all regulatory guidelines as well as HIPAA and privacy guidelines, demonstrate client/customer confidentiality.
  • Handle, process and accurately record confidential financial and health customer information following all applicable HIPAA privacy laws.
  • Show more

Licensed sales producer example responsibilities.

  • Generate production and leads through telemarketing sales.
  • Provide quotes, bound coverage for insurance products through Allstate and its brokered affiliates for new business and cross sell campaigns.
  • Directly-Assist agency owner in developing new market strategies to solicit new business and increase cross-selling to existing book of business.
  • Used consultative upselling techniques to provide leads

Licensed sales agent vs licensed sales producer skills

Common licensed sales agent skills
  • Real Estate, 27%
  • Lead Generation, 24%
  • Customer Service, 7%
  • Auto Insurance, 3%
  • Medicare Advantage, 3%
  • Inbound Calls, 3%
Common licensed sales producer skills
  • Customer Service, 34%
  • Financial Products, 9%
  • Life Insurance, 6%
  • Product Knowledge, 3%
  • Policy Changes, 3%
  • Outbound Calls, 3%