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Insurance Agent Base Pay Jobs in Florida (NOW HIRING)

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Insurance Agent Base Pay information

What is the base pay for an insurance agent?

The base pay for an insurance agent refers to the fixed salary or hourly wage that an agent receives, excluding commissions or bonuses. This amount can vary widely depending on the employer, location, and level of experience. In the United States, the average base salary for insurance agents typically ranges from $35,000 to $50,000 per year, though some entry-level positions may start lower and experienced agents can earn more. Many insurance agents also earn commissions based on the policies they sell, which can significantly increase their total compensation.

What is the difference between Insurance Agent Base Pay vs Insurance Broker Base Pay?

AspectInsurance Agent Base PayInsurance Broker Base Pay
Required CredentialsLicensing, state-specific insurance licensesLicensing, state-specific insurance licenses
Work EnvironmentAgency offices, direct client interactionsIndependent or agency settings, client consultations
Employer & Industry UsageInsurance companies, agenciesIndependent, brokerage firms, agencies
Common Search & ComparisonYesYes

Insurance agent base pay typically refers to the fixed salary or hourly wage earned by agents working for insurance companies or agencies. Insurance brokers, while similar, often operate independently or through brokerage firms, earning commissions alongside any base pay. The main difference lies in their employment structure and client relationships, but both roles require similar licensing and work in comparable environments.

What are some common challenges insurance agents face when working on a base pay structure?

Insurance agents working on a base pay structure often encounter challenges such as balancing the security of a consistent salary with the motivation to exceed sales targets for additional commissions. Another common challenge is managing a robust client pipeline while maintaining high-quality customer service, as performance is often closely monitored. Agents must also stay updated on changing insurance products and regulations, which can require ongoing training and adaptability. Success in the role often depends on strong interpersonal skills, persistence, and the ability to work both independently and as part of a sales team.

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

To thrive as an Insurance Agent, you need strong sales abilities, knowledge of insurance products and regulations, and often a state insurance license. Familiarity with customer relationship management (CRM) software and quoting systems is typically required. Excellent interpersonal communication, active listening, and problem-solving skills help agents build trust and tailor solutions for clients. These skills are crucial for meeting sales targets, ensuring client satisfaction, and maintaining compliance in a competitive industry.
What cities in Florida are hiring for Insurance Agent Base Pay jobs? Cities in Florida with the most Insurance Agent Base Pay job openings:
Insurance Agent (Base salary + Uncapped commissions)

Insurance Agent (Base salary + Uncapped commissions)

Comparion Insurance Agency

Tampa, FL โ€ข On-site

$100K/yr

Other

Medical, Dental, Life, Retirement, PTO

Posted 5 days ago


Job description

Licensed Sales Agent

Comparion Insurance Agency is seeking a motivated and personable Licensed Sales Agent to join our growing team in Tampa, FL. This is an in-office, client-facing role focused on building strong local relationships and serving the insurance needs of your community. Please note: This is not a remote position. You must have active Property, Casualty, and Life insurance licenses prior to employment.

Compensation:

  • Training salary: $55,000$65,000
  • $1,000 professional start bonus
  • Total first-year compensation typically ranges from $55,000$75,000 (base, bonuses, and uncapped commissions)
  • Top performers have the potential to earn $100,000+ in their first year

Build a career for yourself, not by yourself. As one of the largest personal lines insurance agencies in the U.S., Comparion Insurance Agents connect their communities with customized insurance solutions, including Auto, Home, and Life products from leading national and regional carriers.

What We're Looking For: Success in this role hinges on your ability to develop a strong local network and foster lasting, in-person relationships. If the traits below sound like you, we encourage you to apply!

  • Highly Self-Motivated: You have a strong work ethic, resilience, and excel independently once trained.
  • Gritty and Adaptable: You thrive under pressure, embrace change, and take ownership of results.
  • Coachable: You're a team player, receptive to feedback, and committed to continuous learning and improvement.
  • Results-Oriented: You're competitive, driven by achievement, and go above and beyond to meet goals.
  • Charismatic: You're a true people person who enjoys helping others and easily builds rapport within your community.

What We Offer:

  • Uncapped earnings: base salary, bonuses, and renewal commissions that grow with you
  • Recognition through prizes, awards, and global travel opportunities
  • Paid training, mentorship, and licensing support
  • Sales support, including commissions on leads closed by teammates
  • Comprehensive benefits from day one: health and dental insurance, 401(k) with company match, company-paid pension, paid time off, student loan and tuition assistance, family-building support, and more
External Qualifications

Qualifications:

  • Licenses: Active state licenses in Property & Casualty and Life insurance (required)
  • Experience: Prior sales or customer service experience preferred, but not required

Skills:

  • Excellent written and verbal communication and presentation abilities
  • Strong persuasion, negotiation, and relationship-building skills
  • Effective time management and organizational abilities
  • Quick learner with the ability to understand insurance coverage and underwriting guidelines
  • Experience with lead generation and customer base growth preferred
About Us

Pay Philosophy: The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.

In 2022, Comparion Insurance Agency was created to transition former Liberty Mutual exclusive agents to an agency that delivers a unique value proposition to carriers with over 2,000 agents in approximately 180 cities in 44 states. We offer customers 50 insurance companies with product breadth including auto, home, life, pet, renters, umbrella, jewelry and much more. We use our scale to deliver a first-rate customer experience through consultative insurance experts located in their communities.

Our Leadership team has over 200 years of cumulative insurance experience. At Comparion, we have a philosophy of staying close to our customers and agents, so sales leadership is located throughout the country in our larger storefronts. Comparion is owned and backed by Liberty Mutual Group, a Fortune 100 company, founded in 1912.

Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law. Fair Chance Notices: California, Los Angeles Incorporated, Los Angeles Unincorporated, Philadelphia, San Francisco