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Life insurance agent vs lead agent

The differences between life insurance agents and lead agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a life insurance agent has an average salary of $62,552, which is higher than the $47,344 average annual salary of a lead agent.

The top three skills for a life insurance agent include health insurance, life insurance license and life insurance sales. The most important skills for a lead agent are inbound calls, customer care, and customer service.

Life insurance agent vs lead agent overview

Life Insurance AgentLead Agent
Yearly salary$62,552$47,344
Hourly rate$30.07$22.76
Growth rate6%6%
Number of jobs68,78156,112
Job satisfaction--
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 41%
Average age4646
Years of experience--

What does a life insurance agent do?

A life insurance agent is responsible for offering life insurance services for clients according to their needs and qualifications. Life insurance agents handle insurance claims of the beneficiaries, ensuring the accuracy of documents and account statements for verification. They also discuss possible options and alternatives, as well as considering the clients' long-term financial goals and objectives. A life insurance agent must be well-knowledgeable of the insurance services offered by the company, discussing policies and coverage to suit the clients' best interests.

What does a lead agent do?

Lead agents assist with passenger-cargo acceptance and check-in and promote and sell air travel tickets to freight forwarders or the traveling public. Besides promoting safe travel and protecting the firm revenue and property, lead agents also assist distressed traveling customers. Also, lead agents interpret government rules to be observed for travel and cargo shipments. These professionals meet and dispatch aircraft within the required times and use their motor skills to complete related tasks.

Life insurance agent vs lead agent salary

Life insurance agents and lead agents have different pay scales, as shown below.

Life Insurance AgentLead Agent
Average salary$62,552$47,344
Salary rangeBetween $39,000 And $99,000Between $26,000 And $85,000
Highest paying CityAnchorage, AK-
Highest paying stateAlaska-
Best paying companyAIG-
Best paying industryInsurance-

Differences between life insurance agent and lead agent education

There are a few differences between a life insurance agent and a lead agent in terms of educational background:

Life Insurance AgentLead Agent
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 41%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Life insurance agent vs lead agent demographics

Here are the differences between life insurance agents' and lead agents' demographics:

Life Insurance AgentLead Agent
Average age4646
Gender ratioMale, 53.7% Female, 46.3%Male, 54.8% Female, 45.2%
Race ratioBlack or African American, 9.4% Unknown, 3.6% Hispanic or Latino, 16.0% Asian, 4.9% White, 66.0% American Indian and Alaska Native, 0.1%Black or African American, 9.4% Unknown, 3.6% Hispanic or Latino, 16.0% Asian, 4.9% White, 66.0% American Indian and Alaska Native, 0.1%
LGBT Percentage7%7%

Differences between life insurance agent and lead agent duties and responsibilities

Life insurance agent example responsibilities.

  • Used consultative upselling techniques to provide leads
  • License in state of VA to sell life insurance, annuities, disability income, Medicare supplements, and LTC.
  • Use of a variety of tools to help employers compile the best possible life insurance or annuity packages to retain employees.
  • Market life insurance and annuity products
  • Maintain knowledge of states insurance laws and HIPPA compliance.
  • Examine doors, windows and gates to ensure that they are secure.
  • Show more

Lead agent example responsibilities.

  • Manage for multiple medical clients performing tasks such as medical billing, submitting insurance and verifying insurance including Medicare and Medicaid.
  • Line list development and route selection assistance through on-site and GIS review ensuring all landowners and property lines are identify.
  • Obtain current landowner and contact information from various courthouses and states in order to assist in FERC mandate maintenance operations.
  • Train new employees and troubleshoot Apollo computersystem.Onsite at Hewlett Packard/Agilent
  • Manage for multiple medical clients performing tasks such as medical billing, submitting insurance and verifying insurance including Medicare and Medicaid.
  • Conduct presentations regarding all policy information offer through AFLAC

Life insurance agent vs lead agent skills

Common life insurance agent skills
  • Health Insurance, 24%
  • Life Insurance License, 16%
  • Life Insurance Sales, 14%
  • Work Ethic, 10%
  • Lead Generation, 8%
  • Develop Leads, 5%
Common lead agent skills
  • Inbound Calls, 28%
  • Customer Care, 15%
  • Customer Service, 7%
  • Outbound Calls, 4%
  • Computer System, 4%
  • VIP, 3%