Insurance representatives advise on and sell life, accident, automobile, liability, endowment, fire, marine and other types of insurance to new and established clients.
Skill level:
Skilled
Check your pay
- The majority of Insurance representatives earn a salary between $3,664 and $7,013 per month in 2024.
- A monthly wage for entry-level Insurance representatives ranges from $3,664 to $6,241.
- After gaining 5 years of work experience, their income will be between $4,040 and $6,630 per month.
Salary Check
Check your pay
- A Insurance Underwriter in professional, scientific and technical activities earned minimum $60,000.00 and maximum $75,000.00 per year in 2022.
Job Responsibilities
- Obtaining information about customers’ circumstances necessary to determine appropriate type of insurance and conditions
- Negotiating with customers to determine type and degree of risk for which insurance is required
- Explaining details of insurance and conditions, risk coverage premiums and benefits to customers
- Assisting clients to determine the type and level of coverage required, calculating premiums and establishing method of payment
- Negotiating and placing reinsurance contracts
- Advising on, negotiating terms for and placing insurance contracts for large or special types of projects, installations or risks