What do top insurance salesmen make?

How Much Does an Insurance Sales Agent Make? Insurance Sales Agents made a median salary of $52,180 in 2020. The best-paid 25 percent made $79,200 that year, while the lowest-paid 25 percent made $37,590.

Can you make a profit from insurance?

The main way that an insurance company makes a profit is by ensuring the premiums received are greater than any claims made against the policy. This is known as the underwriting profit. Insurance companies also generate additional investment income by investing in the premiums received.

What insurance sales pay the most?

  • Actuarial Analyst. …
  • Reinsurance Analyst. …
  • Claims Consultant. …
  • Reinsurance Accountant. …
  • Insurance Loss Control Surveyor. …
  • Home Insurance Agent. Salary range: $43,500-$87,500 per year. …
  • Medical Underwriter. Salary range: $44,500-$86,500 per year. …
  • Agency Manager. Salary range: $48,000-$84,000 per year.

How much do the highest paid insurance agents make?

The lowest 10% of earners in the industry made less than $29,000, and the highest 10% earned more than $127,840. One of the core reasons why insurance agents' salaries differ is commissions.

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