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Life Insurance Commission Jobs in Park Ridge, IL

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Financial Professional, New York Life Insurance Company

Chicago, IL · On-site

$66K - $150K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Insurance Agent, New York Life Insurance Company The New York Life Insurance Agent's role is all ... You have the power to determine your own income with our commission-based compensation. In 2022 ...

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Life Insurance Commission information

See Park Ridge, IL salary details

$17.7K

$87.5K

$142.7K

How much do life insurance commission jobs pay per year?

As of Aug 20, 2026, the average yearly pay for life insurance commission in Park Ridge, IL is $87,545.00, according to ZipRecruiter salary data. Most workers in this role earn between $56,600.00 and $120,000.00 per year, depending on experience, location, and employer.

What is a life insurance commission?

A life insurance commission is the payment that insurance agents or brokers receive from an insurance company when they sell a life insurance policy. The commission is typically a percentage of the policy's premium and can vary depending on the type of policy, the insurance company, and the agent's agreement. The initial commission is usually higher for the first year and may decrease for subsequent years if the policyholder continues to renew the policy. This system incentivizes agents to sell policies and maintain good relationships with their clients.

What are the key skills and qualifications needed to thrive as a life insurance commission agent?

To thrive as a Life Insurance Commission Agent, you need strong sales abilities, in-depth knowledge of insurance products and regulations, and generally a relevant license issued by your state. Familiarity with customer relationship management (CRM) software, quoting tools, and insurance underwriting systems is typically required. Exceptional interpersonal skills, integrity, and the ability to build trust are soft skills that set top agents apart. These competencies are essential for effectively matching clients with suitable policies, ensuring compliance, and building a successful, client-focused practice.

What are the typical challenges faced by professionals working on a life insurance commission basis?

Working on a life insurance commission basis often involves building and maintaining a client base, which can be challenging for those new to the industry. Professionals must proactively generate leads, manage follow-ups, and handle rejections while maintaining a high level of customer service. Additionally, income can fluctuate based on sales performance, especially in the early stages before a steady stream of renewals is established. Success in this role usually requires strong networking skills, persistence, and the ability to adapt to client needs and market changes.

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

AspectLife Insurance CommissionLife Insurance Agent
RolePayment structure for salesLicensed professional selling policies
CredentialsCommission-based earnings, licensing requiredLicensing, certifications vary by region
Work EnvironmentCommission-based, independent or agency settingClient meetings, sales presentations
Industry UsagePayment method for agentsSalesperson selling insurance policies

In summary, Life Insurance Commission refers to the earnings structure for Life Insurance Agents, who are licensed professionals selling policies. The commission is the payment they receive for each sale, whereas the agent is the individual performing the sales. Understanding this distinction helps clarify roles and compensation in the insurance industry.

Is it hard to get hired as a life insurance commission?

Getting hired as a life insurance agent or broker typically requires obtaining a license, which involves passing a state exam and completing pre-licensing education. Success depends on sales skills, industry knowledge, and building a client base, but entry barriers are generally manageable for those willing to meet licensing requirements and develop their network.

Is it worth it to become a life insurance agent?

A life insurance agent's income depends on commissions from policy sales, which can vary based on experience, sales skills, and client base. The role often requires licensing, ongoing training, and building a network to succeed financially. Whether it is worth it depends on individual sales ability and career goals in the insurance industry.

Is there a demand for life insurance agents?

The demand for life insurance agents remains steady due to ongoing consumer need for life insurance products and financial planning services. Success in this role often depends on strong sales skills, industry knowledge, and the ability to build client relationships, with opportunities available in both traditional and digital sales environments.

Why do most life insurance agents quit?

Most life insurance agents quit due to the challenging nature of sales, high rejection rates, and the need for persistent prospecting. Success often requires strong communication skills, self-motivation, and the ability to build client relationships over time, which can be demanding and lead to high turnover.

What are the most commonly searched types of Life Insurance jobs in Park Ridge, IL?

The most popular types of Life Insurance jobs in Park Ridge, IL are:

What are popular job titles related to Life Insurance Commission jobs in Park Ridge, IL?

For Life Insurance Commission jobs in Park Ridge, IL, the most frequently searched job titles are:

What job categories do people searching Life Insurance Commission jobs in Park Ridge, IL look for?

The top searched job categories for Life Insurance Commission jobs in Park Ridge, IL are:

What cities near Park Ridge, IL are hiring for Life Insurance Commission jobs?

Cities near Park Ridge, IL with the most Life Insurance Commission job openings:

Infographic showing various Life Insurance Commission job openings in Park Ridge, IL as of August 2026, with employment types broken down into 1% As Needed, 69% Full Time, 25% Part Time, 4% Contract, and 1% Nights. Highlights an 89% Physical, 1% Hybrid, and 10% Remote job distribution, with an average salary of $87,545 per year, or $42.1 per hour.

(Remote) Licensed Life Insurance Sales Representative

Fidelity Life

IL • Remote

$15/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 21 days ago


Job description

Licensed Life Insurance Sales Representative
Sales | Full-time | Remote within Arizona, Illinois, or Texas

Are you a licensed life insurance professional looking for consistent inbound lead flow, uncapped earning potential, and the ability to sell without cold calling or self-generated prospecting?

eFinancial is seeking motivated, performance-driven licensed agents who thrive in a high-volume phone sales environment and want the opportunity to ramp quickly in a proven direct-to-consumer sales model. This role is ideal for agents with prior telesales, final expense, inbound insurance, or call-center sales experience who are ready to focus on closing business instead of chasing leads.

 Who we are:

Since 1896, Fidelity Life has been redefining the life insurance industry by applying new technologies and processes to make it easier, faster, and more affordable for today’s families to get the coverage they need. Our long track record of innovation, revolution, and leadership includes: One of the first groups to sell life insurance policies to both women and men The first company to deploy technology to bring agent/client/underwriter together at point-of-sale (POS) Pioneered the use of predictive analytics to streamline the new business process and revolutionize the speed with which policies can be issued eFinancial, an online and call-center-based insurance agency with a proven direct-to-consumer life insurance model, was acquired by Fidelity Life in 2009.

By blending life insurance, sales, and technology, we have become a fast-growing organization offering exciting remote opportunities! Our growing organization wants people that can be a culture fit and a culture add. We value the diversity of thought and the inclusion of everyone that plays a part in our success. If you value putting people first, operating with excellence, being a passionate team player, and making a difference, consider joining our innovative, revolutionary, and leading team.

In this role, you will connect with individuals using our advanced auto-dialing system. Your primary goal will be to provide individuals and families across the nation with peace of mind through the sale of eFinancial’s innovative life insurance products, delivering a seamless purchasing experience. Our team members are known for their result-driven approach, empathy, and commitment to ethical business practices.

What You’ll Do:

In this role, you will work directly with inbound warm leads through our advanced dialing technology to help individuals and families secure life insurance coverage that fits their needs. You’ll guide customers through the sales process, overcome objections, build trust quickly, and deliver an efficient purchasing experience while operating in a fast-paced, metrics-driven environment. 

Why Licensed Agents Choose eFinancial: 

  • 100% inbound warm leads — no cold calling or self-generated prospecting
  • Remote work environment with company-provided support
  • High-volume sales environment with consistent opportunity flow
  • Faster ramp opportunities for licensed agents
  • Uncapped commission structure with strong earning potential
  • Proven direct-to-consumer sales model
  • Paid training and onboarding support
  • W2 benefits including PTO, medical, dental, vision, and 401(k)
  • Career growth opportunities into advanced sales roles

 What Sets Us Apart:

  • Inbound Lead Flow: Focus on selling, not finding customers
  • Remote Flexibility: Work from home while being part of a collaborative sales organization
  • Performance-Based Earnings: Compensation includes hourly base pay plus uncapped commission opportunities
  • Growth Opportunity: Licensed agents who perform successfully may become eligible for promotion opportunities
  • High-Earning Potential: In 2025, our average starting account executive earned over $107,000
  • Comprehensive Benefits: Medical, dental, vision, PTO, paid holidays, 401(k), and more
  • Meaningful Work: Help families across the country secure financial protection and peace of mind

What We’re Looking For:

  • Active Life Insurance License preferred
  • Prior insurance telesales, final expense, inbound insurance sales, or call-center sales experience strongly preferred
  • Strong phone presence and objection-handling skills
  • Ability to thrive in a fast-paced, high-volume sales environment
  • Comfortable working in a metrics-driven and performance-focused role
  • Strong communication and rapport-building abilities
  • Coachable mindset with willingness to adapt and improve
  • Comfortable navigating multiple systems and technology platforms simultaneously
  • Dependable, self-motivated, and results-oriented

Compensation

Compensation includes hourly base pay of $15 an hour plus bonus and uncapped commission opportunities. Licensed agents with prior high-volume insurance sales experience often ramp more quickly and maximize earning potential earlier in the role. 

Benefits: We believe in taking care of our employees and their families. We offer a comprehensive benefits package designed to support your health, well-being, and financial future. Here’s a look at what we provide:  

  • Medical Insurance: Choose from a variety of plans to fit your healthcare needs.
  • Dental Insurance: Coverage for preventive, basic, and major dental services.
  • Employer-Paid Vision: Comprehensive eye care coverage at no cost to you.
  • Employer-Paid Basic Life and AD&D Insurance: Peace of mind and additional protection.
  • Employer-Paid Short-Term and Long-Term Disability Insurance: Financial support in case of illness or injury.
  • 401(k) Plan: Save for your future with a company match to help you grow your retirement savings.
  • PTO and Sick Time accrue each pay period: Take time off when you need it

 Equal Opportunity:

 Efinancial LLC and Fidelity Life Association are equal-opportunity employers. We value diversity and make employment decisions based on qualifications, without regard to race, color, religion, sex, sexual orientation, national origin, citizenship, gender identity, marital status, age, disability, or any other legally protected status.

 If you're driven by excellence, teamwork, and a commitment to making a difference, consider joining our innovative and leading team. Your potential at our company is limited only by your capabilities and aspirations.

 Apply Now to Begin Your Journey!

 EEOC/OTHER

Efinancial LLC, Fidelity Life Association, its parents subsidiaries and affiliates (collectively “The Company”) are equal employment opportunity employers. We adhere to a policy of making employment decisions without regard to race, color, religion, sex, sexual orientation, national origin, citizenship, gender identity, marital status, age, disability or any status protected by law. We assure you that your opportunity for employment with this Company depends solely on your qualifications.

Disclaimer: This position requires obtaining a life insurance license in addition to our standard background check. The licensing process can involve a more in-depth background review. If you have prior criminal record this may impact licensure.

Remote work is not available in the following States:  Alabama, Alaska, Arkansas, California, Colorado, Connecticut, Hawaii, Idaho, Kentucky, Maine,  Massachusetts, Minnesota, Montana, Nebraska, Nevada, New Jersey, New Mexico, New York, North Dakota, Oklahoma, Oregon, Rhode Island, South Dakota, Utah, Vermont, Virginia, West Virginia, Washington, Washington DC, Wyoming

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