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Surety bond agent vs health insurance agent

The differences between surety bond agents and health insurance agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a health insurance agent has an average salary of $49,934, 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 a health insurance agent are HIPAA, health insurance, and customer service.

Surety bond agent vs health insurance agent overview

Surety Bond AgentHealth Insurance Agent
Yearly salary$37,289$49,934
Hourly rate$17.93$24.01
Growth rate6%6%
Number of jobs28,690112,235
Job satisfaction--
Most common degreeBachelor's Degree, 42%Bachelor's Degree, 50%
Average age4646
Years of experience--

Surety bond agent vs health insurance agent salary

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

Surety Bond AgentHealth Insurance Agent
Average salary$37,289$49,934
Salary rangeBetween $22,000 And $61,000Between $34,000 And $72,000
Highest paying City-Tacoma, WA
Highest paying state-Alaska
Best paying company-DialAmerica
Best paying industry-Finance

Differences between surety bond agent and health insurance agent education

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

Surety Bond AgentHealth Insurance Agent
Most common degreeBachelor's Degree, 42%Bachelor's Degree, 50%
Most common majorBusinessBusiness
Most common collegeHoward UniversityUniversity of Pennsylvania

Surety bond agent vs health insurance agent demographics

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

Surety Bond AgentHealth Insurance Agent
Average age4646
Gender ratioMale, 53.9% Female, 46.1%Male, 43.5% Female, 56.5%
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, 9.2% Unknown, 3.6% Hispanic or Latino, 15.8% Asian, 4.9% White, 66.5% American Indian and Alaska Native, 0.1%
LGBT Percentage7%7%

Differences between surety bond agent and health insurance 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.
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Health insurance agent example responsibilities.

  • Manage communication points between corporate advisers, providers and patients for medical service advisory requests.
  • Sold/Enrol individuals in ACA health plans over the phone by making cold calls on a daily basses.
  • Explain healthcare benefits cover by major insurance carriers under the ACA.
  • Post CPT codes and ICD-9 codes for every patient at check-out.
  • Verify clients' eligibility and check clients' status within CMS and UHC system.
  • Initiate appeals process on behalf of members, and assist with online web portal services.
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Surety bond agent vs health insurance agent skills

Common surety bond agent skills
  • Surety, 39%
  • Bonds, 25%
  • Customer Service, 20%
  • Court Appearances, 9%
  • Court Dates, 7%
Common health insurance agent skills
  • HIPAA, 57%
  • Health Insurance, 11%
  • Customer Service, 8%
  • Health Insurance Products, 3%
  • Health Insurance Sales, 2%
  • Inbound Calls, 2%