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Transportation broker vs insurance broker

The differences between transportation brokers 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 $51,127 average annual salary of a transportation broker.

The top three skills for a transportation broker include customer service, delivery appointments and logistics. The most important skills for an insurance broker are customer service, life insurance products, and lead generation.

Transportation broker vs insurance broker overview

Transportation BrokerInsurance Broker
Yearly salary$51,127$94,006
Hourly rate$24.58$45.20
Growth rate5%6%
Number of jobs9,78438,403
Job satisfaction--
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 64%
Average age4346
Years of experience--

Transportation broker vs insurance broker salary

Transportation brokers and insurance brokers have different pay scales, as shown below.

Transportation BrokerInsurance Broker
Average salary$51,127$94,006
Salary rangeBetween $34,000 And $74,000Between $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 transportation broker and insurance broker education

There are a few differences between a transportation broker and an insurance broker in terms of educational background:

Transportation BrokerInsurance Broker
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 64%
Most common majorBusinessBusiness
Most common college-University of Pennsylvania

Transportation broker vs insurance broker demographics

Here are the differences between transportation brokers' and insurance brokers' demographics:

Transportation BrokerInsurance Broker
Average age4346
Gender ratioMale, 64.1% Female, 35.9%Male, 62.5% Female, 37.5%
Race ratioBlack or African American, 5.5% Unknown, 6.6% Hispanic or Latino, 18.8% Asian, 13.4% White, 54.9% American Indian and Alaska Native, 0.7%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 Percentage11%7%

Differences between transportation broker and insurance broker duties and responsibilities

Transportation broker example responsibilities.

  • Utilize TMS to actively manage on-time performance and automation objectives
  • Bid jobs for full truck load plus LTL freight.
  • Oversee full truck load and LTL shipments across the nation.
  • Negotiate cost of hire details with hundreds of logistics carriers daily ranging from small logistics companies to global supply chain organizations.
  • Support comprehensive business development and company growth to ensure continuous bottom line success for this transportation and logistics management company.
  • Verify insurance benefits/Medicaid eligibility on refer patients.
  • Show more

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.

Transportation broker vs insurance broker skills

Common transportation broker skills
  • Customer Service, 21%
  • Delivery Appointments, 15%
  • Logistics, 12%
  • Shippers, 12%
  • Customer Accounts, 5%
  • LTL, 4%
Common insurance broker skills
  • Customer Service, 11%
  • Life Insurance Products, 8%
  • Lead Generation, 8%
  • Financial Resources, 8%
  • Annuities, 8%
  • Insurance Carriers, 6%

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