Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between sales producers and insurance representatives can be seen in a few details. Each job has different responsibilities and duties. Additionally, a sales producer has an average salary of $51,287, which is higher than the $35,958 average annual salary of an insurance representative.
The top three skills for a sales producer include insurance products, strong work ethic and business relationships. The most important skills for an insurance representative are customer service, patients, and health insurance.
| Sales Producer | Insurance Representative | |
| Yearly salary | $51,287 | $35,958 |
| Hourly rate | $24.66 | $17.29 |
| Growth rate | 6% | 6% |
| Number of jobs | 41,951 | 87,843 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 45% |
| Average age | 46 | 46 |
| Years of experience | - | - |
A sales producer is responsible for performing sales calls and administering all leads. You will be responsible for preparing the policies aimed at sales procedures and developing the necessary sales documents. Other responsibilities include making sure that all sales personnel adhere to all policies and procedures, coordinating with customers about policy expiration dates, and maintaining strong and long-lasting relationships with customers. As a sales producer, you will be responsible for managing prospective sale campaigns and managing all correspondence with both prospective and existing clients.
An insurance representative serves as a client's point of contact in insurance companies. Their responsibilities include researching client opportunities, reaching out to potential clients to offer products and services, discussing terms and policies, providing detailed advice, and assisting in every procedure, ensuring convenience and client satisfaction. Aside from securing sales, an insurance representative may also process applications and claims while adhering to the company's policies and regulations. Furthermore, they may also perform clerical tasks such as handling calls and correspondence, arranging appointments, and maintaining records of all transactions.
Sales producers and insurance representatives have different pay scales, as shown below.
| Sales Producer | Insurance Representative | |
| Average salary | $51,287 | $35,958 |
| Salary range | Between $24,000 And $107,000 | Between $29,000 And $44,000 |
| Highest paying City | Arlington, MA | Lacey, WA |
| Highest paying state | Massachusetts | Washington |
| Best paying company | Cochrane & Company | Santander Bank |
| Best paying industry | - | Finance |
There are a few differences between a sales producer and an insurance representative in terms of educational background:
| Sales Producer | Insurance Representative | |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 45% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between sales producers' and insurance representatives' demographics:
| Sales Producer | Insurance Representative | |
| Average age | 46 | 46 |
| Gender ratio | Male, 53.2% Female, 46.8% | Male, 29.8% Female, 70.2% |
| Race ratio | Black or African American, 9.5% Unknown, 3.6% Hispanic or Latino, 16.2% Asian, 4.9% White, 65.7% American Indian and Alaska Native, 0.1% | Black or African American, 9.4% Unknown, 3.6% Hispanic or Latino, 16.1% Asian, 4.9% White, 65.9% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 7% | 7% |