Sales producer vs licensed sales producer

The differences between sales producers and licensed sales producers 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 $38,353 average annual salary of a licensed sales producer.

The top three skills for a sales producer include insurance products, strong work ethic and business relationships. The most important skills for a licensed sales producer are customer service, financial products, and life insurance.

Sales producer vs licensed sales producer overview

	Sales Producer	Licensed Sales Producer
Yearly salary	$51,287	$38,353
Hourly rate	$24.66	$18.44
Growth rate	6%	6%
Number of jobs	41,951	40,137
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 60%	Bachelor's Degree, 54%
Average age	46	46
Years of experience	-	-

Sales producer vs licensed sales producer salary

Sales producers and licensed sales producers have different pay scales, as shown below.

	Sales Producer	Licensed Sales Producer
Average salary	$51,287	$38,353
Salary range	Between $24,000 And $107,000	Between $28,000 And $52,000
Highest paying City	Arlington, MA	Madison, WI
Highest paying state	Massachusetts	Wisconsin
Best paying company	Cochrane & Company	Oracle
Best paying industry	-	Manufacturing

Differences between sales producer and licensed sales producer education

There are a few differences between a sales producer and a licensed sales producer in terms of educational background:

	Sales Producer	Licensed Sales Producer
Most common degree	Bachelor's Degree, 60%	Bachelor's Degree, 54%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Sales producer vs licensed sales producer demographics

Here are the differences between sales producers' and licensed sales producers' demographics:

	Sales Producer	Licensed Sales Producer
Average age	46	46
Gender ratio	Male, 53.2% Female, 46.8%	Male, 39.2% Female, 60.8%
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, 9.3% Unknown, 3.6% Hispanic or Latino, 15.9% Asian, 4.9% White, 66.2% American Indian and Alaska Native, 0.1%
LGBT Percentage	7%	7%

Differences between sales producer and licensed sales producer duties and responsibilities

Sales producer example responsibilities.

Sell auto, home, boat, motorcycle and other specialty lines via leads, telemarketing, walk-ins, etc.
Generate production and leads through telemarketing sales.
Offer to clients annuities and other insurance products.
Learned and sell diverse health, life and Medicare insurance product line
Produce client's needs analysis and financial planning for retirement and annuities.
Help explain to potential prospects there rights and entitlements when electing a Medicare supplement.

Licensed sales producer example responsibilities.

Generate production and leads through telemarketing sales.
Provide quotes, bound coverage for insurance products through Allstate and its brokered affiliates for new business and cross sell campaigns.
Directly-Assist agency owner in developing new market strategies to solicit new business and increase cross-selling to existing book of business.
Used consultative upselling techniques to provide leads

Sales producer vs licensed sales producer skills

Common sales producer skills

Insurance Products, 13%
Strong Work Ethic, 10%
Business Relationships, 8%
Insurance Sales, 6%
Cross-Selling, 5%
Lead Generation, 5%

Common licensed sales producer skills

Customer Service, 34%
Financial Products, 9%
Life Insurance, 6%
Product Knowledge, 3%
Policy Changes, 3%
Outbound Calls, 3%

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Sales Producer
Sales Producer vs Licensed Sales Producer

Updated January 8, 2025

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