Insurance agents and brokers have long been integral players in the insurance industry, acting as intermediaries.
Insurance Agent/Broker
Description
Selling peace of mind wrapped in contracts. Insurance Agents guide clients through policies, coverage options, and claims—with a side of empathy.
Responsibilities
- Guide customers through policies
- Sell insurance to new customers
- Find new clients
Pay range (U.S.)
- Median Wage (May 2024): $60,370/year
- 10th percentile: <$36,390 • 90th percentile: >$135,660
- Median Hourly Wage: ~$38.32 ($79,700/year)
- Percentile Annual Wages:
- 10th: $34,940
- 25th: $43,440
- 50th (median): $59,080
- 75th: $83,420
- 90th: $134,420
Requirements
- Typically you would need to pass at least one insurance exam, but often more than one. Depending on what you sell, you may need several.
Workforce Size in the United States
- Employment (2023): ~457,510 insurance sales agents
Agents don’t just broker policies—they broker trust… and sometimes caffeinated advice when claims season hits.