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Commission Health Insurance Jobs in Colorado (NOW HIRING)

Average annual earnings $50K - $65K through a combination of base plus sales commissions * Top ... Health Saving account * Dental, Vision, Life& AD&D Insurance along with Short-term disability and ...

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Commission Health Insurance information

What insurance pays the most commission?

In commission-based health insurance sales, plans with higher premiums, such as certain supplemental or specialized policies, often offer higher commissions. Typically, commissions are a percentage of the policy's premium, so more expensive plans tend to yield greater earnings for agents. However, commission rates vary by insurer and product type, and successful agents often focus on building client relationships and understanding product details.

How do life insurance brokers get paid with 80% commission?

Life insurance brokers typically earn commissions based on a percentage of the policy premium, with some earning up to 80% on initial sales. This high commission rate is common in the industry and incentivizes brokers to sell policies, often paid directly by the insurance companies. Ongoing renewals may generate additional commissions, depending on the broker's agreement and the policy type.

How much do health insurance agents make on commission?

Health insurance agents typically earn commissions that range from 20% to 40% of the first-year premium for new policies, with ongoing renewal commissions often lower, around 5% to 10%. Compensation varies based on the insurer, the complexity of policies, and the agent's experience and sales skills.

Do insurance workers get commission?

Many insurance agents and brokers, including those selling health insurance, earn commissions based on the policies they sell. Commission structures vary by employer and product, and some roles may also include salary or bonuses in addition to commissions. Licensing and sales skills are often required for commission-based insurance jobs.

What is the difference between Commission Health Insurance vs Insurance Agent?

AspectCommission Health InsuranceInsurance Agent
CredentialsLicensing required, often specific to health insuranceLicensing required, often includes multiple insurance types
Work EnvironmentPrimarily in health insurance sales, either independently or with agenciesSales across various insurance products, including health, auto, and life
Employer & IndustryInsurance companies, health plans, or brokers specializing in health coverageInsurance agencies, brokerages, or direct insurers

Commission Health Insurance professionals focus specifically on health insurance products, earning commissions based on sales. Insurance Agents may sell a broader range of insurance types, including health, auto, and life, often holding similar licenses. While both roles require licensing and involve sales, Commission Health Insurance specialists concentrate on health plans, making their expertise more targeted in the health insurance industry.

What are the key skills and qualifications needed to thrive as a Commission Health Insurance Agent, and why are they important?

To thrive as a Commission Health Insurance Agent, you need a thorough understanding of health insurance products, sales techniques, and must hold a valid state insurance license. Familiarity with customer relationship management (CRM) software and quoting platforms is typically required. Exceptional interpersonal skills, self-motivation, and the ability to explain complex concepts clearly help agents stand out. These skills and tools are crucial for effectively identifying client needs, building trust, and closing sales in a competitive, commission-driven market.

What are some common challenges faced by commission-based health insurance agents, and how can they be addressed?

Commission-based health insurance agents often face challenges such as income variability, client acquisition, and staying updated with frequently changing regulations. Building a strong referral network and regularly attending industry trainings can help agents maintain a steady pipeline of potential clients. Additionally, leveraging CRM tools and staying organized with follow-ups can improve client retention and satisfaction, ultimately leading to increased commissions. Proactively seeking mentorship or joining supportive agency teams can also provide valuable guidance and motivation in a competitive environment.

What are commission health insurance agents?

Commission health insurance agents are professionals who help individuals and businesses select suitable health insurance plans. They earn a commission from insurance companies for each policy they sell or renew, rather than receiving a salary from the client. These agents provide guidance on plan options, coverage details, enrollment, and claims processes. Their expertise can help clients navigate complex insurance choices, and their compensation is typically included in the cost of the policy, so clients do not pay extra for their services.
What are the most commonly searched types of Health Insurance jobs in Colorado? The most popular types of Health Insurance jobs in Colorado are:
What are popular job titles related to Commission Health Insurance jobs in Colorado? For Commission Health Insurance jobs in Colorado, the most frequently searched job titles are:
Health Insurance Sales Agent

Health Insurance Sales Agent

UnitedHealth Group

Englewood, CO • Hybrid

$50K - $65K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 4 days ago


UnitedHealth Group rating

7.6

Company rating: 7.6 out of 10

Based on 146 frontline employees who took The Breakroom Quiz

188th of 890 rated healthcare providers


Job description

UHC is seeking dedicated sales professionals to be part of our team!

Up to $3,000 SIGN ON BONUS FOR EXTERNAL & INTERNAL APPLICANTS

Guaranteed base pay + monthly sales incentive earning potential.

Realistic Job Preview video

At UnitedHealthcare, we're simplifying the health care experience, creating healthier communities and removing barriers to quality care. The work you do here impacts the lives of millions of people for the better. Come build the health care system of tomorrow, making it more responsive, affordable and equitable. Ready to make a difference? Join us to start Caring. Connecting. Growing together. 

We are growing our team in Englewood, CO and have multiple Medicare Sales Agent openings available now. In this inbound call role, you will receive a competitive base salary, and bonuses based on your sales performance. You will consult customers on their insurance needs and match the correct coverages, products, and benefits. Our training classes not only prepare you for your role, but we will pay for and provide support for you to obtain the required state insurance licenses. No license is required prior to starting in the role. During training, all new hires will be required to successfully complete the UHC Portfolio Agent New Hire training classes and demonstrate proficiency of the material.

If you reside near Englewood, CO, you will enjoy the flexibility of a hybrid-remote* role as you take on some tough challenges. 

Work Schedule:

  • Operating hours: Monday - Friday 7:00AM - 9:30PM local time; your shift will be provided during training with rotational weekend work (Saturdays/Sundays)
  • Full-time position with flexibility desired based on the seasonality of our business

Work Location:

  • Fast forward your success by participating in our onsite training program in a standard day shift for 6 - 10 weeks
  • This position offers hybrid work models after the successful completion of training and on the job nesting period.  Once completed, employees will enjoy the opportunity to work from home up to 3 business days per week

Primary Responsibilities:

  • Answer incoming phone calls from prospective members, identify the type of assistance and information the customer needs with the goal of converting caller to a qualified lead and sale
  • Follow up with members on questions or to review current or new products and services
  • Navigate multiple computer systems to document member information while maintaining active listening and engagement with members
  • Demonstrate knowledge of the product portfolio by addressing needs of members, explaining the differences between products, and assisting selection of products to best meet their needs
  • Assist in completing the enrollment application over the phone, staying consistent with product requirements and enrollment guidelines
  • Meet the goals established for the position in the areas of performance, attendance, and consumer experience
  • Meet and maintain requirements for agent licensure, appointments, and annual product certification 

Compensation & Benefits:

  • As a licensed agent, your total compensation is determined by your ability to sell and deliver a great customer experience
  • Compensation = Base pay + monthly sales incentive
  • Average annual earnings $50K - $65K through a combination of base plus sales commissions
  • Top performers can earn $80K (+)
  • 15 days accrued Paid Time Off during first year of employment plus 8 Paid Holidays
  • Sign-On Bonus up to $2,000 for unlicensed external/internal applicants
  • Sign-on Bonus up to $3,000 for licensed external/internal applicants
  • Medical Plan options along with participation in a Health Spending Account or a Health Saving account
  • Dental, Vision, Life& AD&D Insurance along with Short-term disability and Long-Term Disability coverage
  • 401(k) Savings Plan, Employee Stock Purchase Plan
  • Education Reimbursement
  • Employee Discounts
  • Employee Assistance Program
  • Employee Referral Bonus Program
  • Voluntary Benefits (pet insurance, legal insurance, LTC Insurance, etc.)
  • Fun and competitive work environment focused both on teamwork and individual success!
  • More information can be downloaded at: http://uhg.hr/uhgbenefits

You'll be rewarded and recognized for your performance in an environment that will challenge you and give you clear directions on what it takes to succeed in your role as well as provide development for other roles you may be interested in.

Required Qualifications:

  • High School Diploma/GED (or higher) OR 4+ years of customer service/sales experience
  • Within 30 days, must obtain all appropriate state insurance licenses (may be completed during training)
  • Ability to work regularly scheduled shifts, including the training period, with the flexibility to adjust daily schedule and work overtime and/or weekends as needed
  • Must live within commutable distance to our 169 Inverness Drive West, Englewood, CO office

Preferred Qualifications:

  • Previous sales experience
  • Familiarity with computer and Windows PC applications, which includes the ability to learn new and complex computer system applications
  • Flexibility to customize approach to meet all types of caller communication styles and personalities  

*All Telecommuters will be required to adhere to UnitedHealth Group's Telecommuter Policy.   

Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. In addition to your salary, we offer benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with us, you'll find a far-reaching choice of benefits and incentives. The hourly pay for this role will range from $16.00 to $24.04 per hour based on full-time employment. This role is also eligible to receive bonuses based on sales performance. We comply with all minimum wage laws as applicable. 

    

At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone-of every race, gender, sexuality, age, location, and income-deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups, and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes - an enterprise priority reflected in our mission.


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