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Last updated: November 10, 2024
Insurance Agent Salary
in Scotland, United Kingdom
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
£44,171 (GBP)
Average Salary
£21/hr
Average Hourly
£6,179
Average Bonus
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Last updated: November 10, 2024
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Salary Recap
The average pay for an Insurance Agent is £44,171 a year and £21 an hour in Scotland, United Kingdom. The average salary range for an Insurance Agent is between £25,266 and £54,728. On average, a High School Degree is the highest level of education for an Insurance Agent. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Scotland, United Kingdom.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
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Education and Skills
Education and Skills
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Salary Potential
Salary Potential
Estimated salary in 2029:
£48,631
5 Year Change:
10 %
Shift Differentials
Shift Differentials
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Shift differentials are used to adjust the compensation of an employee due to the time of day or the day of the week that the employee worked.
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About Scotland, United Kingdom
Scotland Cost of Living Score:
Description:
Scotland (Scots: Scotland; Scottish Gaelic: Alba) is a country that is part of the United Kingdom. It contains nearly one-third of the United Kingdom's land area, consisting of the northern part of the island of Great Britain and more than 790 adjacent islands, principally in the archipelagos of the Hebrides and the Northern Isles. To the south-east, Scotland has its only land border, which is 96 miles (154 km) long and shared with England; the country is surrounded by the Atlantic Ocean to the north and west, the North Sea to the north-east and east, and the Irish Sea to the south. The population in 2022 was 5,439...
Job Summary
Description:
- Sells insurance to new and current clients.
- Compiles lists of prospective clients to provide leads for additional business.
- Calls prospective clients and explains features and merits of policies offered.
- Proposes amount and type of coverage based on analysis of prospect's circumstances, and utilizing persuasive sales techniques.
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Salary Recap
The average pay for an Insurance Agent is £44,171 a year and £21 an hour in Scotland, United Kingdom. The average salary range for an Insurance Agent is between £25,266 and £54,728. On average, a High School Degree is the highest level of education for an Insurance Agent. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Scotland, United Kingdom.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
Powered by ERI's Database
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsTake the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
About Scotland, United Kingdom
Scotland Cost of Living Score:
Description:
Scotland (Scots: Scotland; Scottish Gaelic: Alba) is a country that is part of the United Kingdom. It contains nearly one-third of the United Kingdom's land area, consisting of the northern part of the island of Great Britain and more than 790 adjacent islands, principally in the archipelagos of the Hebrides and the Northern Isles. To the south-east, Scotland has its only land border, which is 96 miles (154 km) long and shared with England; the country is surrounded by the Atlantic Ocean to the north and west, the North Sea to the north-east and east, and the Irish Sea to the south. The population in 2022 was 5,439...
Job Summary
Description:
- Sells insurance to new and current clients.
- Compiles lists of prospective clients to provide leads for additional business.
- Calls prospective clients and explains features and merits of policies offered.
- Proposes amount and type of coverage based on analysis of prospect's circumstances, and utilizing persuasive sales techniques.
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsTake the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
You May Also Like
White Papers
National Compensation Forecast October 2024
ERI examines compensation trends and changes for the upcoming year to provide guidance on the expected salary increase for the upcoming year.
Read More
Remote Work, AI, and Compensation Best Practices Survey Results - Spring 2024
Learn how remote work and artificial intelligence changes how organizations approach labor and compensation practices.
Read More
Planning Global Compensation Budgets for 2025
Learn about current global salary trends and salary increases in 2024 to strategically inform your financial planning decision for the upcoming year.
Read More