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Insurance Agent Base Pay Jobs in Iowa (NOW HIRING)

Pitch Health Solutions LLC

Transfer Agent

Des Moines, IA · On-site +1

$25/hr

Since 2009, we've specialized in insurance lead generation - connecting interested customers with ... Why Join Us? * $15/hour base pay * Commissions & weekly bonuses - top performers average $25+/hour

The Long Agency

Life Insurance Sales Agent

Des Moines, IA · On-site +1

$30K - $160K/yr

As a Life Insurance Sales Agent with the Long Agency, you will work with individuals and families ... World class culture and leadership development Pay: * 1099 contractor; commissions only * Part-Time ...

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All JobsInsurance Agent Base Pay JobsInsurance Agent Base Pay Jobs in Iowa

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 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 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 popular job titles related to Insurance Agent Base Pay jobs in Iowa?

For Insurance Agent Base Pay jobs in Iowa, the most frequently searched job titles are:

What job categories do people searching Insurance Agent Base Pay jobs in Iowa look for?

The top searched job categories for Insurance Agent Base Pay jobs in Iowa are:

What cities in Iowa are hiring for Insurance Agent Base Pay jobs?

Cities in Iowa with the most Insurance Agent Base Pay job openings:

Insurance Agent Base Pay jobs near you

Entry Level Sales Consultant

Summit Business Group

Burlington, IA • On-site

$40K - $70K/yr

Full-time

This job post has expired today. Applications are no longer accepted.

Job description

Position: Entry Level Insurance Agent 

Company Overview: Join our dynamic team at Summit Business Group, where we empower individuals to pursue a rewarding career in sales. We believe in fostering a supportive environment where passion, determination, and a commitment to excellence drive success. As an industry leader, we provide unparalleled training and support to help you excel in the competitive world of insurance sales.

Role Summary: We are seeking motivated individuals to join our sales team. This entry-level position offers the opportunity to learn and grow in a challenging yet rewarding environment. While sales experience is a plus, it is not a requirement. We prioritize qualities such as resilience, adaptability, and a genuine desire to help others.

Ideal Candidate Profile:

  • Self-starting and confident

  • Demonstrates discipline and purpose

  • Skilled at overcoming objections and closing sales

  • Willing to commit to full-time hours

  • Track record of high performance in personal or professional endeavors

  • Passionate about making a positive impact

  • Thrives in a dynamic sales environment

Position Overview: As an insurance agent, you will be responsible for cultivating and managing your own client base. This role involves meeting with business owners and decision-makers to offer our suite of supplemental insurance products and services. You will receive comprehensive training and ongoing support to help you succeed in your assigned sales territory.

Responsibilities:

  • Respond to client inquiries via email and phone

  • Schedule and conduct client meetings to assess needs

  • Build and maintain relationships with local businesses

  • Generate new leads through cold calling and networking

  • Set and achieve monthly and quarterly sales goals

  • Collaborate with team members and managers as needed

  • Maintain accurate records of sales activities

Compensation and Benefits:

  • A competitive weekly draw pay with commission and bonuses from the start.

  • Access to quarterly and annual incentives such as trips, cash bonuses, and stock options.

  • Short sales cycle, typically less than 3 business days.

  • CRM and classroom and field training.

  • Licensing reimbursement (of state fees)

  • Extensive training and professional development opportunities

  • Opportunities for advancement and career growth

  • Supportive and inclusive company culture

Additional Qualifications:

  • Health & Life general lines license preferred (or willingness to obtain)

  • Bachelor's degree or equivalent work experience

  • Relevant sales experience considered a plus

How to Apply: If you are ready to embark on a fulfilling career in sales and make a difference in people's lives, we want to hear from you! Submit your resume and cover letter detailing your qualifications and why you are passionate about joining our team.

Summit is an equal opportunity employer committed to diversity and inclusion in the workplace. We encourage individuals of all backgrounds to apply.

Visit us at: https://www.yoursummitinsurance.com/