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Policy writer, sales vs insurance broker

The differences between policy writers, sales and insurance brokers can be seen in a few details. Each job has different responsibilities and duties. Additionally, an insurance broker has an average salary of $94,006, which is higher than the $72,045 average annual salary of a policy writer, sales.

The top three skills for a policy writer, sales include medicaid, subject matter experts and HIPAA. The most important skills for an insurance broker are customer service, life insurance products, and lead generation.

Policy writer, sales vs insurance broker overview

Policy Writer, SalesInsurance Broker
Yearly salary$72,045$94,006
Hourly rate$34.64$45.20
Growth rate6%6%
Number of jobs143,93838,403
Job satisfaction--
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 64%
Average age4646
Years of experience--

Policy writer, sales vs insurance broker salary

Policy writers, sales and insurance brokers have different pay scales, as shown below.

Policy Writer, SalesInsurance Broker
Average salary$72,045$94,006
Salary rangeBetween $55,000 And $93,000Between $62,000 And $141,000
Highest paying City-Birmingham, AL
Highest paying state-Washington
Best paying company-Liberty Mutual Insurance
Best paying industry-Insurance

Differences between policy writer, sales and insurance broker education

There are a few differences between a policy writer, sales and an insurance broker in terms of educational background:

Policy Writer, SalesInsurance Broker
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 64%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Policy writer, sales vs insurance broker demographics

Here are the differences between policy writers, sales' and insurance brokers' demographics:

Policy Writer, SalesInsurance Broker
Average age4646
Gender ratioMale, 47.0% Female, 53.0%Male, 62.5% Female, 37.5%
Race ratioBlack or African American, 9.2% Unknown, 3.6% Hispanic or Latino, 15.7% Asian, 4.8% White, 66.6% American Indian and Alaska Native, 0.1%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 Percentage7%7%

Differences between policy writer, sales and insurance broker duties and responsibilities

Policy writer, sales example responsibilities.

  • Achieve sales standards set for department by effectively communicating Humana campaigns to customers.
  • Prepare quality food products, process accurate register transactions, maintain general appearance and cleanliness of store premises.
  • Prepare and post advertisement on eBay for maximum sales productivity.
  • Develop and implement communication programs that target payer sales and provider relations.
  • Handle, process and accurately record confidential financial and health customer information following all applicable HIPAA privacy laws.

Insurance broker example responsibilities.

  • Used consultative upselling techniques to provide leads
  • Work as an independent financial planner selling life insurance and annuities to individuals and families
  • Facilitate communications between doctors, hospitals, third party insurance companies and patients to obtain and verify patient billing information.
  • Deliver on the GEICO promise to customers by solving problems and giving competent insurance advice in a courteous and proficient manner.

Policy writer, sales vs insurance broker skills

Common policy writer, sales skills
  • Medicaid, 19%
  • Subject Matter Experts, 18%
  • HIPAA, 17%
  • DOD, 15%
  • NYC, 9%
  • Foreign Policy, 6%
Common insurance broker skills
  • Customer Service, 11%
  • Life Insurance Products, 8%
  • Lead Generation, 8%
  • Financial Resources, 8%
  • Annuities, 8%
  • Insurance Carriers, 6%