There is more than meets the eye when it comes to being a life insurance agent. For example, did you know that they make an average of $40.86 an hour? That's $84,988 a year!
Between 2018 and 2028, the career is expected to grow 10% and produce 48,300 job opportunities across the U.S.
There are certain skills that many life insurance 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 analytical skills, initiative and communication skills.
When it comes to the most important skills required to be a life insurance agent, we found that a lot of resumes listed 34.3% of life insurance agents included health care, while 33.3% of resumes included life insurance, and 27.2% of resumes included income. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the life insurance agent job title. But what industry to start with? Most life insurance agents actually find jobs in the insurance and automotive industries.
If you're interested in becoming a life insurance agent, one of the first things to consider is how much education you need. We've determined that 41.2% of life insurance agents have a bachelor's degree. In terms of higher education levels, we found that 8.8% of life insurance agents have master's degrees. Even though most life insurance agents have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a life insurance agent. When we researched the most common majors for a life insurance agent, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on life insurance agent resumes include high school diploma degrees or master's degree degrees.
You may find that experience in other jobs will help you become a life insurance agent. In fact, many life insurance agent jobs require experience in a role such as customer service representative. Meanwhile, many life insurance agents also have previous career experience in roles such as cashier or sales associate.