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The number of people employed in insurance sales is expected to climb 8% from 2022 to 2032, according to the U.S. Bureau of Labor Statistics – which amounts to about 42,500 more agents per year during this period. But with all of these new agents entering the market – or for those who have been in the industry for years and are looking for a change – it can be hard to know the best area to put down roots for their insurance career.
The Bureau also reports the median pay rate for insurance sales professionals is about $27.82 per hour, or $57,860. However, this varies wildly depending on the area of the United States, and the cost of living in certain states may negate seemingly higher salaries that often come along with gigs in larger cities.
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Brittney Meredith-Miller
Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected].
