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Underwriting sales representative vs licensed sales producer

The differences between underwriting sales representatives and licensed sales producers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a licensed sales producer has an average salary of $38,353, which is higher than the $25,493 average annual salary of an underwriting sales representative.

The top three skills for an underwriting sales representative include customer service, credit decisions and life insurance. The most important skills for a licensed sales producer are customer service, financial products, and life insurance.

Underwriting sales representative vs licensed sales producer overview

Underwriting Sales RepresentativeLicensed Sales Producer
Yearly salary$25,493$38,353
Hourly rate$12.26$18.44
Growth rate6%6%
Number of jobs102,96440,137
Job satisfaction--
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 54%
Average age4646
Years of experience--

Underwriting sales representative vs licensed sales producer salary

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

Underwriting Sales RepresentativeLicensed Sales Producer
Average salary$25,493$38,353
Salary rangeBetween $15,000 And $42,000Between $28,000 And $52,000
Highest paying City-Madison, WI
Highest paying state-Wisconsin
Best paying company-Oracle
Best paying industry-Manufacturing

Differences between underwriting sales representative and licensed sales producer education

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

Underwriting Sales RepresentativeLicensed Sales Producer
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 54%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Underwriting sales representative vs licensed sales producer demographics

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

Underwriting Sales RepresentativeLicensed Sales Producer
Average age4646
Gender ratioMale, 48.2% Female, 51.8%Male, 39.2% Female, 60.8%
Race ratioBlack or African American, 9.4% Unknown, 3.6% Hispanic or Latino, 16.0% Asian, 4.9% White, 66.0% 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 Percentage7%7%

Differences between underwriting sales representative and licensed sales producer duties and responsibilities

Underwriting sales representative example responsibilities.

  • Manage Facebook and patient communication programs.
  • Perform duties relating to the origination of residential first, second and equity credit lines on mortgage loans.
  • Provide merchandising assistance to customers by building displays, negotiating placement, replenishing permanent secondary displays and using POS materials effectively.
  • Work as an integral part of a national sales team that specializes in focusing on new business for Amica.
  • Used consultative upselling techniques to provide leads

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

Underwriting sales representative vs licensed sales producer skills

Common underwriting sales representative skills
  • Customer Service, 36%
  • Credit Decisions, 23%
  • Life Insurance, 21%
  • Origination, 20%
Common licensed sales producer skills
  • Customer Service, 34%
  • Financial Products, 9%
  • Life Insurance, 6%
  • Product Knowledge, 3%
  • Policy Changes, 3%
  • Outbound Calls, 3%