Surety bond agent vs agent

The differences between surety bond agents and agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, an agent has an average salary of $37,864, which is higher than the $37,289 average annual salary of a surety bond agent.

The top three skills for a surety bond agent include surety, bonds and customer service. The most important skills for an agent are insurance products, customer service, and life insurance.

Surety bond agent vs agent overview

	Surety Bond Agent	Agent
Yearly salary	$37,289	$37,864
Hourly rate	$17.93	$18.20
Growth rate	6%	6%
Number of jobs	28,690	184,325
Job satisfaction	-	2
Most common degree	Bachelor's Degree, 42%	Bachelor's Degree, 44%
Average age	46	46
Years of experience	-	-

Surety bond agent vs agent salary

Surety bond agents and agents have different pay scales, as shown below.

	Surety Bond Agent	Agent
Average salary	$37,289	$37,864
Salary range	Between $22,000 And $61,000	Between $19,000 And $72,000
Highest paying City	-	New York, NY
Highest paying state	-	New York
Best paying company	-	Latham & Watkins
Best paying industry	-	-

Differences between surety bond agent and agent education

There are a few differences between a surety bond agent and an agent in terms of educational background:

	Surety Bond Agent	Agent
Most common degree	Bachelor's Degree, 42%	Bachelor's Degree, 44%
Most common major	Business	Business
Most common college	Howard University	University of Pennsylvania

Surety bond agent vs agent demographics

Here are the differences between surety bond agents' and agents' demographics:

	Surety Bond Agent	Agent
Average age	46	46
Gender ratio	Male, 53.9% Female, 46.1%	Male, 50.5% Female, 49.5%
Race ratio	Black 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, 9.2% Unknown, 3.6% Hispanic or Latino, 15.8% Asian, 4.9% White, 66.4% American Indian and Alaska Native, 0.1%
LGBT Percentage	7%	7%

Differences between surety bond agent and agent duties and responsibilities

Surety bond agent example responsibilities.

Manage employees, handle complaints, employee scheduling, and payroll.
Maintain accuracy in calculating interest and commissions on surety bonds.
Process all bonds, error free, as necessary and where power of attorney is granted.
Conduct surety education sessions for sales and production staff
Operate remote telecommunications using applications and secure computer communications to troubleshoot and resolve issues on customer Samsung devices.
Help clients with changes require to their bond in a quick and timely manner.

Agent example responsibilities.

Schedule and meet individuals\groups for assign or self-generate leads, assist and enroll eligible individuals in suitable Medicare product.
Verify documentation and coding using CPT and ICD-9 correct coding standards.
Assist TANF customers with obtaining employment.
Direct compliance with all CPT and Medicare guidelines.
Train BDC representatives on phone skills and CRM use.
Bill appropriate ICD-9 codes to the correct insurance companies.

Surety bond agent vs agent skills

Common surety bond agent skills

Surety, 39%
Bonds, 25%
Customer Service, 20%
Court Appearances, 9%
Court Dates, 7%

Common agent skills

Insurance Products, 11%
Customer Service, 10%
Life Insurance, 8%
HR, 6%
Inbound Calls, 6%
Financial Services, 6%