1. University of Pennsylvania
Philadelphia, PA • Private
In-State Tuition
$55,584
Enrollment
10,764
What is a Licensed Sales Producer?
There is more than meets the eye when it comes to being a licensed sales producer. For example, did you know that they make an average of $18.44 an hour? That's $38,353 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 Sales Producer Do
There are certain skills that many licensed sales 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 communication skills, self-confidence and analytical skills.
How To Become a Licensed Sales Producer
If you're interested in becoming a licensed sales producer, one of the first things to consider is how much education you need. We've determined that 54.1% of licensed sales producers have a bachelor's degree. In terms of higher education levels, we found that 3.8% of licensed sales producers have master's degrees. Even though most licensed sales producers have a college degree, it's possible to become one with only a high school degree or GED.
Licensed Sales Producer Career Paths
As you move along in your career, you may start taking on more responsibilities or notice that you've taken on a leadership role. Using our career map, a licensed sales producer can determine their career goals through the career progression. For example, they could start out with a role such as account executive, progress to a title such as account manager and then eventually end up with the title senior account manager.
Licensed Sales Producer
Senior Account Manager
7 Years
National Sales Manager
9 Years
Sales Vice President
12 Years
Sales And Marketing Manager
6 Years
Sales Account Manager
6 Years
Territory Manager
7 Years
Show More
Average Salary for a Licensed Sales Producer
Licensed Sales Producers in America make an average salary of $38,353 per year or $18 per hour. The top 10 percent makes over $52,000 per year, while the bottom 10 percent under $28,000 per year.
Average Licensed Sales Producer Salary
$38,353 Yearly$18.44 hourly
What Am I Worth?
Roles and Types of Licensed Sales Producer
The role of a licensed sales producer includes a wide range of responsibilities. These responsibilities can vary based on an individual's specific job, company, or industry.Here are some general licensed sales producer responsibilities:
- Prospect, generate leads, market appropriate products
- Achieve sales goals through various methods of prospecting potential clients, including responding to direct marketing leads, follow-up from referrals, birthday letters
- Cross-selling existing customers with other allstate products prospecting
There are several types of licensed sales producer, including:
Sales Consultant
Role:
A sales consultant is responsible for meeting with existing and new clients in a sales approach. Your goal as a sales consultant is to effectively sell products. Well, in a way.
The clients you meet with will come to you with certain problems concerning their business, your job is to figure out how to sell those products or services in a way that increases the company's sales as a whole.
To become a sales consultant, you'll want to earn a bachelor's degree. Generally speaking, an advanced degree will help you in the long run, especially when it comes to meeting sales goals. And everyone knows that more sales means more money.
- Average Salary: $60,135
- Degree: Bachelor's Degree
Insurance Agent
Role:
Well, insurance agents are salespeople, they have a very specific industry that they work in. Sometimes they may only sell one type of insurance, but many sell lots of different insurances. This includes car, rental and health.
While, you can get a job as an insurance agent with just a high school degree, many agents have a bachelor's degree. In addition, you need to be licensed in the state where you'll be working. But the learning doesn't stop there. Insurance agent learn a lot through their on-the-job training. Here's to learning something new every day!
- Average Salary: $51,936
- Degree: Bachelor's Degree
Inside Sales Representative
Role:
An inside sales representative is responsible for generating sales. As opposed to outside salespeople, who travel to broker sales on location and face-to-face, an inside sales rep works remotely.
Inside sales reps typically communicate with potential clients over the phone or via email. They research and identify leads and do their best to create hype for a product, all while building fruitful relations with customers. They also contribute to creating marketing strategies.
Inside sales reps generally work for commission, so the more you work, the more you make, and working hours are pretty much up to you. This is a job that can be done from home, which may or may not result in higher productivity.
Your salary will vary significantly, though, depending on where you work, what industry you work for, and whether you have that sales DNA or not. Or call it skills. It is up to your temperament, whichever makes you feel more comfortable.
- Average Salary: $44,413
- Degree: Bachelor's Degree
States With The Most Licensed Sales Producer Jobs
Mouse over a state to see the number of active licensed sales producer jobs in each state. The darker areas on the map show where licensed sales producers earn the highest salaries across all 50 states.
Average Salary: Job Openings:
Number Of Licensed Sales Producer Jobs By State
| Rank | State | Number of Jobs | Average Salary |
|---|---|---|---|
| 1 | California | 3,543 | $45,653 |
| 2 | Texas | 2,933 | $41,932 |
| 3 | Illinois | 1,406 | $42,129 |
| 4 | North Carolina | 1,324 | $37,717 |
| 5 | Michigan | 1,135 | $37,652 |
| 6 | Washington | 950 | $52,137 |
| 7 | Missouri | 798 | $34,109 |
| 8 | Arizona | 724 | $39,676 |
| 9 | Colorado | 719 | $39,135 |
| 10 | Alabama | 704 | $44,351 |
| 11 | Iowa | 687 | $35,827 |
| 12 | Wisconsin | 591 | $54,769 |
| 13 | Florida | 574 | $36,773 |
| 14 | Oregon | 526 | $40,714 |
| 15 | New York | 491 | $44,067 |
| 16 | Kansas | 487 | $36,486 |
| 17 | Georgia | 391 | $35,261 |
| 18 | Pennsylvania | 370 | $38,250 |
| 19 | Tennessee | 354 | $34,744 |
| 20 | Ohio | 299 | $37,961 |
| 21 | Louisiana | 271 | $36,896 |
| 22 | Utah | 265 | $35,087 |
| 23 | New Mexico | 264 | $34,567 |
| 24 | Minnesota | 247 | $41,040 |
| 25 | Nevada | 245 | $36,251 |
| 26 | Virginia | 226 | $34,220 |
| 27 | Delaware | 224 | $38,488 |
| 28 | Massachusetts | 214 | $43,845 |
| 29 | Idaho | 184 | $33,648 |
| 30 | Mississippi | 168 | $38,538 |
| 31 | South Carolina | 162 | $38,741 |
| 32 | New Jersey | 161 | $41,947 |
| 33 | Maryland | 161 | $37,254 |
| 34 | Indiana | 160 | $38,342 |
| 35 | Rhode Island | 139 | $43,423 |
| 36 | Montana | 131 | $37,541 |
| 37 | Kentucky | 123 | $36,026 |
| 38 | Connecticut | 111 | $41,633 |
| 39 | Arkansas | 111 | $37,146 |
| 40 | Alaska | 102 | $50,731 |
| 41 | Oklahoma | 100 | $34,954 |
| 42 | Hawaii | 77 | $39,773 |
| 43 | Nebraska | 72 | $41,772 |
| 44 | South Dakota | 50 | $42,364 |
| 45 | New Hampshire | 45 | $43,116 |
| 46 | West Virginia | 45 | $32,132 |
| 47 | Wyoming | 44 | $38,043 |
| 48 | Maine | 40 | $37,115 |
| 49 | Vermont | 39 | $36,942 |
| 50 | North Dakota | 35 | $40,687 |
Top Colleges for Licensed Sales Producers
2. Boston University
Boston, MA • Private
In-State Tuition
$53,948
Enrollment
17,238
3. University of Minnesota - Twin Cities
Minneapolis, MN • Private
In-State Tuition
$14,760
Enrollment
31,451
4. Howard University
Washington, DC • Private
In-State Tuition
$26,756
Enrollment
6,166
5. SUNY College at Oswego
Oswego, NY • Private
In-State Tuition
$8,440
Enrollment
7,039
6. Stanford University
Stanford, CA • Private
In-State Tuition
$51,354
Enrollment
7,083
7. Baylor University
Waco, TX • Private
In-State Tuition
$45,542
Enrollment
14,159
8. University of Louisiana at Lafayette
Lafayette, LA • Private
In-State Tuition
$9,912
Enrollment
14,245
9. Ball State University
Muncie, IN • Private
In-State Tuition
$9,896
Enrollment
15,529
10. Butler University
Indianapolis, IN • Private
In-State Tuition
$41,120
Enrollment
4,553
Top Skills For a Licensed Sales Producer
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, 34.0% of licensed sales producers listed customer service on their resume, but soft skills such as communication skills and self-confidence are important as well.
Choose From 10+ Customizable Licensed Sales Producer Resume templates
Zippia allows you to choose from different easy-to-use Licensed Sales Producer templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Licensed Sales Producer resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.
Licensed Sales Producer diversity
Licensed Sales Producer Gender Distribution
Female
61%
Male
39%
After extensive research and analysis, Zippia's data science team found that:
- Among licensed sales producers, 60.8% of them are women, while 39.2% are men.
- The most common race/ethnicity among licensed sales producers is White, which makes up 66.2% of all licensed sales producers.
- The most common foreign language among licensed sales producers is Spanish at 77.6%.
Online Courses For Licensed Sales Producer That You May Like
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This course is the first in the Customer Insights and New Product Development (CIPD) specialization. It will introduce learners to the tools and process of gathering customer insights for identifying and developing new product opportunities. Through an integrated set of five modules and hands-on project experiences, learners will acquire the knowledge and skills to turn their ideas gained from understanding customer needs into innovative new products...
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3. Customer Service
How to Approach New Customers and Maintain Existing Ones...
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Best States For a Licensed Sales Producer
Some places are better than others when it comes to starting a career as a licensed sales producer. The best states for people in this position are Wisconsin, Washington, Alaska, and California. Licensed sales producers make the most in Wisconsin with an average salary of $54,769. Whereas in Washington and Alaska, they would average $52,137 and $50,731, respectively. While licensed sales producers would only make an average of $45,653 in California, 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. Washington
Total Licensed Sales Producer Jobs: 950
Highest 10% Earn:
$72,000
Location Quotient:
1.59
$52,137
Avg. Salary
2. Alaska
Total Licensed Sales Producer Jobs: 102
Highest 10% Earn:
$62,000
Location Quotient:
1.5
$50,731
Avg. Salary
3. Wisconsin
Total Licensed Sales Producer Jobs: 591
Highest 10% Earn:
$76,000
Location Quotient:
1.31
$54,769
Avg. Salary
How Do Licensed Sales Producers Rate Their Jobs?
Top Licensed Sales Producer Employers
Most Common Employers For Licensed Sales Producer
| Rank | Company | Average Salary | Hourly Rate | Job Openings |
|---|---|---|---|---|
| 1 | Coughlin Insurance | $42,829 | $20.59 | 2 |
| 2 | New York Life Insurance | $42,514 | $20.44 | 2 |
| 3 | Stephens | $42,268 | $20.32 | 2 |
| 4 | COUNTRY Financial | $40,888 | $19.66 | 3 |
| 5 | AAR | $40,127 | $19.29 | 2 |
| 6 | Red Ventures | $40,093 | $19.28 | 2 |
| 7 | RIOS | $39,943 | $19.20 | 5 |
| 8 | State Farm Insurance Agency | $38,744 | $18.63 | 34 |
| 9 | GEICO | $38,123 | $18.33 | 5 |
| 10 | American Family Insurance | $38,071 | $18.30 | 11 |
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