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Life Insurance Sales Representative Salary

$51,202 (USD)

Average Salary

$25/hr

Average Hourly

$6,564

Average Bonus

Last updated: December 10, 2019

The average pay for a Life Insurance Sales Representative is $51,202 a year and $25 an hour in the United States. The average salary range for a Life Insurance Sales Representative is between $30,159 and $64,278. On average, a Bachelor's Degree is the highest level of education for a Life Insurance Sales Representative. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in the United States.

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.

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Description:
  • Sells life insurance policies to new or existing customers in assigned area or territory.
  • Creates prospect list and new accounts.
  • Calls on and interacts directly with new and existing customers or clients to explain features and merits of policies offered, recommending amount and type of coverage based on analysis of prospect's circumstances, and utilizing persuasive sales techniques.
  • Requires license to sell life insurance.
Life Insurance Sales Representative Job Prevalence in the United States

Job family: Insurance Sales Agents

Job family population: 393,830

Estimated population of Life Insurance Sales Representative jobs: 141,172

Rate of error: 1.1%

Estimated salary in 2024:
$59,357
5 Year Change:
16 %
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About United States

United States Cost of Living Score:

Description: The United States of America (USA), commonly known as the United States (U.S. or US) or simply America, is a country comprising 50 states, a federal district, five major self-governing territories, and various possessions. At 3.8 million square miles (9.8 million km2), it is the world's third or fourth largest country by total area and is slightly smaller than the entire continent of Europe. Most of the country is located in central North America between Canada and Mexico. With an estimated population of over 327 million people, the U.S. is the third most populous country. The capital is Washington, D.C., and the...

Life Insurance Sales Representative Job Listings for United States

Life Insurance Agent/Outside Sales Representative
Dec 10
Savannah, GA, USA
Family First Life
Life Insurance Agents & Field Underwriters Needed TOP PAY - NO CONTRACTS! Family First Life - Coastal Agency Compensation $50,000 - $300,000 ++ Annually At Family First Life, we believe every sales ...
Outside Sales Representative/Work from Home/Life Insurance
Dec 4
Tucson, AZ, USA
The Fine Agency
We are seeking an Outside Sales Representative to join our team! Looking for people to partner with ... insurance agents and agency builders across the country. By focusing on a more balanced ...
Sales Representative
Nov 21
Kings Park, United States
New York Life Insurance Company
If so, you owe it to yourself to consider a career with New York Life Insurance Company as your ... Strong sales, leadership and communication skills. Ability to work in a team based environment
Life Insurance Sales Representative
Oct 7
Fremont, CA, USA
The Keator Alliance
Sales Representative If you have ever been in sales or just looking to get into sales then SEARCH ... The state requires our representatives to have all current Life & Health insurance license . If you ...
Life Insurance Sales Representative
Oct 18
Seattle, WA, USA
The ABN Financial Group
They already want life insurance. We meet with them to help them find the right product among 15 different carriers that we represent. HELP! Stats based on following our sales system exactly

The average pay for a Life Insurance Sales Representative is $51,202 a year and $25 an hour in the United States. The average salary range for a Life Insurance Sales Representative is between $30,159 and $64,278. On average, a Bachelor's Degree is the highest level of education for a Life Insurance Sales Representative. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in the United States.

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.

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Life Insurance Sales Representative
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Similar Job Titles

Life Insurance Sales Representative
Life Insurance Sales Representative
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Life Insurance Agent/Outside Sales Representative
Dec 10
Savannah, GA, USA
Family First Life
Life Insurance Agents & Field Underwriters Needed TOP PAY - NO CONTRACTS! Family First Life - Coastal Agency Compensation $50,000 - $300,000 ++ Annually At Family First Life, we believe every sales ...
Outside Sales Representative/Work from Home/Life Insurance
Dec 4
Tucson, AZ, USA
The Fine Agency
We are seeking an Outside Sales Representative to join our team! Looking for people to partner with ... insurance agents and agency builders across the country. By focusing on a more balanced ...
Explore our most popular jobs
View our most popular salary searches and other resources