Insurance Agent Salary Bls

Anchorage and Juneau are other high paying cities for insurance agents. These within the twenty fifth percentile earned 32810 per yr.

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The Bureau of Labor Statistics BLS projects that the number of insurance agent jobs will grow 10 faster than average over the next eight years.

Insurance agent salary bls. This estimate is based upon 141 American Automobile Association AAA Insurance Agent salary reports provided by employees or estimated based upon statistical methods. According to the US. With more online real-time.

Salary ranges can vary widely depending on many important factors including education certifications additional skills the number of years you have spent in your profession. That same year the best-paid 10 of insurance agents earned more than 117830. Sell life property casualty health automotive or other types of insurance.

The base salary for Insurance Agent ranges from 47488 to 58654 with the average base salary of 51996. Hours may vary depending on the specific job or the company or broker you work for. May refer clients to independent brokers work as an independent broker or be employed by an insurance company.

The typical American Automobile Association AAA Insurance Agent salary is 50825 per year. Insurance coverage gross sales brokers contact potential clients and promote a number of sorts of insurance coverage. National estimates for Insurance Sales Agents.

Insurance Agent Salary Bls Gov. Bureau of Labor Statistics BLS the 2020 median annual salary of an insurance sales agent was 52180. With a Masters degree insurance agents earn a median annual income of 49885 compared to 43028 for insurance agents with an High School Diploma degree.

The median wage is the wage at which half the employees in an occupation earned greater than that quantity and half earned much less. Tweet this According to BLS the median annual income for agents in 2017 was 49710. Insurance Agent salaries at American Automobile Association AAA can range from 21368 - 113706 per year.

The highest 10 percent of agents earned more than 125190 while the lowest 10 percent of agents earned less than 27180. Insurance Sales Agent Salary and Outlook According to the Bureau of Labor Statistics BLS insurance sales agents earn a median annual salary of 49710. Insurance agents with a Bachelors degree earn more than those without at 50333 annually.

Some sales agents only work regular business hours while others may have a more flexible schedule. 41-3021 Insurance Sales Agents. The BLS reports that the median salary for an insurance sales agent is 50940 per year as of May 2019.

Wage estimates are primarily based on 147 salaries submitted anonymously to Certainly by insurance coverage agent workers customers and picked up from previous and current job posts on Certainly previously 36 months. In addition to high commissions some life insurance companies advance their agents six to 12 months of commission on a sold policy rather than making them take it. Again the data provided by the BLS doesnt separate pet insurance agents specifically but it covers the general insurance sales agent.

Bureau of Labor Statistics Occupational Employment Statistics The median annual wage for journey brokers was 40660 in Might 2019. Some of the companies that are hiring for insurance agents include Aflac and Farmers Insurance Group. The highest-paid workers in this role earn more than 125190 per year while the lowest-paid insurance sales agents earn less than 27180 per year.

The insurance carriers industry was the next highest paying industry where agents earned an average salary of 61210 per year the BLS reports. The total cash compensation which includes base and annual incentives can vary anywhere from 54337 to 65123 with the average total cash compensation of 54693. According to the BLS.

Insurance agents in Fairbanks make the most money. Turns out the median salary for the highest 10 of insurance agents in America is 73000. What is the average salary of an insurance agent.

Agencies brokerages and other insurance related activities was the fourth highest paying industry where insurance agents earned an average annual salary of 61660. The lowest-paid 10 earned less than 26030. The BLS indicates that insurance agents including captive agents and brokers living in the San Francisco area made an average annual salary of 109960 higher than any other metropolitan.

The average salary for Reservation Agents at companies like THE BLS COMPANY in the United States is 82345 as of June 28 2021 but the range typically falls between 72263 and 92427. Insurance Agent Salary Bls. The lowest 10 percent of agents earned around 29000 while the highest 10 percent earned more than 127480 a year.

Insurance coverage Gross sales Brokers. According to the US. BLS most insurance sales agents work full time and about one in five work more than 40 hours per week.

The median annual salary for an insurance agent was 48210 in 2013.

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