Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between licensed sales producers and insurance sales representatives can be seen in a few details. Each job has different responsibilities and duties. Additionally, an insurance sales representative has an average salary of $61,386, which is higher than the $38,353 average annual salary of a licensed sales producer.
The top three skills for a licensed sales producer include customer service, financial products and life insurance. The most important skills for an insurance sales representative are customer service, excellent time management, and work ethic.
| Licensed Sales Producer | Insurance Sales Representative | |
| Yearly salary | $38,353 | $61,386 |
| Hourly rate | $18.44 | $29.51 |
| Growth rate | 6% | 6% |
| Number of jobs | 40,137 | 201,879 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 59% |
| Average age | 46 | 46 |
| Years of experience | - | - |
Licensed sales producers and insurance sales representatives have different pay scales, as shown below.
| Licensed Sales Producer | Insurance Sales Representative | |
| Average salary | $38,353 | $61,386 |
| Salary range | Between $28,000 And $52,000 | Between $38,000 And $97,000 |
| Highest paying City | Madison, WI | Washington, DC |
| Highest paying state | Wisconsin | New York |
| Best paying company | Oracle | FFL Partners |
| Best paying industry | Manufacturing | Finance |
There are a few differences between a licensed sales producer and an insurance sales representative in terms of educational background:
| Licensed Sales Producer | Insurance Sales Representative | |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 59% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between licensed sales producers' and insurance sales representatives' demographics:
| Licensed Sales Producer | Insurance Sales Representative | |
| Average age | 46 | 46 |
| Gender ratio | Male, 39.2% Female, 60.8% | Male, 53.9% Female, 46.1% |
| Race ratio | 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% | Black or African American, 9.4% Unknown, 3.6% Hispanic or Latino, 16.2% Asian, 4.9% White, 65.8% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 7% | 7% |