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Underwriting sales representative vs life insurance agent

The differences between underwriting sales representatives and life insurance agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a life insurance agent has an average salary of $62,552, 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 life insurance agent are health insurance, life insurance license, and life insurance sales.

Underwriting sales representative vs life insurance agent overview

Underwriting Sales RepresentativeLife Insurance Agent
Yearly salary$25,493$62,552
Hourly rate$12.26$30.07
Growth rate6%6%
Number of jobs102,96468,781
Job satisfaction--
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 53%
Average age4646
Years of experience--

Underwriting sales representative vs life insurance agent salary

Underwriting sales representatives and life insurance agents have different pay scales, as shown below.

Underwriting Sales RepresentativeLife Insurance Agent
Average salary$25,493$62,552
Salary rangeBetween $15,000 And $42,000Between $39,000 And $99,000
Highest paying City-Anchorage, AK
Highest paying state-Alaska
Best paying company-AIG
Best paying industry-Insurance

Differences between underwriting sales representative and life insurance agent education

There are a few differences between an underwriting sales representative and a life insurance agent in terms of educational background:

Underwriting Sales RepresentativeLife Insurance Agent
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 53%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Underwriting sales representative vs life insurance agent demographics

Here are the differences between underwriting sales representatives' and life insurance agents' demographics:

Underwriting Sales RepresentativeLife Insurance Agent
Average age4646
Gender ratioMale, 48.2% Female, 51.8%Male, 53.7% Female, 46.3%
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, 9.4% Unknown, 3.6% Hispanic or Latino, 16.0% Asian, 4.9% White, 66.0% American Indian and Alaska Native, 0.1%
LGBT Percentage7%7%

Differences between underwriting sales representative and life insurance agent 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

Life insurance agent example responsibilities.

  • Used consultative upselling techniques to provide leads
  • License in state of VA to sell life insurance, annuities, disability income, Medicare supplements, and LTC.
  • Use of a variety of tools to help employers compile the best possible life insurance or annuity packages to retain employees.
  • Market life insurance and annuity products
  • Maintain knowledge of states insurance laws and HIPPA compliance.
  • Examine doors, windows and gates to ensure that they are secure.
  • Show more

Underwriting sales representative vs life insurance agent skills

Common underwriting sales representative skills
  • Customer Service, 36%
  • Credit Decisions, 23%
  • Life Insurance, 21%
  • Origination, 20%
Common life insurance agent skills
  • Health Insurance, 24%
  • Life Insurance License, 16%
  • Life Insurance Sales, 14%
  • Work Ethic, 10%
  • Lead Generation, 8%
  • Develop Leads, 5%