Insurance Agent Salary First Year
According to the bls the largest employer of insurance agents was insurance agencies which employed 231 940 agents.
Insurance agent salary first year. Salary ranges can vary widely depending on the city and many other important factors including education certifications additional skills the number of years you have spent in your profession. Starting agents at agencies could make a salary in line with the 25th percentile at 33 050 or the 10th at 25 450. This may take 1 year to 2 years.
The best paid 25 percent made 77 930 that year while the lowest paid 25 percent made 36 040. The average salary for a entry level insurance agent with 2 to 3 years of experience bachelor degree and 3 selected qualifications is 52 718 per year in the united states. Filter by location to see insurance agent salaries in your area.
Insurance sales agents made a median salary of 50 600 in 2018. The average salary for a insurance agent is 75 591 per year in pittsburgh pa. The average insurance agent salary in california is 57 136 as of july 27 2020 but the range typically falls between 52 182 and 64 452.
The national average salary for a insurance agent is 40 000 in united states. Learn about salaries benefits salary satisfaction and where you could earn the most. Each company has its own commission schedule.
Some products like term insurance may pay 45 of first year premium other products range from 6 on up to 80 commission. Insurance carriers ranked second with 76 380 agents. An entry level insurance agent with less than 1 year experience can expect to earn an average total compensation includes tips bonus and overtime pay of 34 200 based on 346 salaries.
The average insurance agent salary in the united states is 51 151 as of july 27 2020 but the range typically falls between 46 716 and 57 701. Salary estimates are based on 2 231 salaries submitted anonymously to glassdoor by insurance agent employees. 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.
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