Will “Insurance Salesman” be Replaced By Robots? 🤔
92% Chance of Automation
“Insurance Salesman” will probably be replaced by robots.
This job is ranked #565 out of #702. A higher ranking (i.e., a lower number) means the job is less likely to be replaced.
Care to share? Click for Facebook, Twitter, LinkedIn, or XING. 👍
Job Description
Sell life, property, casualty, health, automotive, or other types of insurance. May refer clients to independent brokers, work as an independent broker, or be employed by an insurance company.
Job Details
- The SOC (Standard Occupational Classification) code is 41-3021.00
- The Mean Annual Wage in the U.S. is $ 67,760.00
- The Mean Hourly Wage is $ 32.00
- Currently, there are 385,700 people on this job
☝️ Information based on the reference occupation “Insurance Sales Agents”.
Also Known As…
- Insurance Sales Agents
- Underwriting Sales Representative
- Sales Representative
- Sales Agent
- Producer
- Insurance Sales Agent
- Insurance Broker
- Insurance Agent
- Agent
- Account Manager
- Account Executive
- Surety Bond Agent
- Strategic Account Executive
- Solicitor
- Service Representative
- Selling Underwriter
- Sales Specialist
- Sales Special Agent
- Sales Associate
- Representative
- Policy Writer, Sales
- Placer
- Pension Agent
- Outside Sales Representative
- Organizer
- Network Contractor
- Life Insurance Salesperson
- Life Insurance Agent
- Licensed Insurance Sales Agent
- Insurance Underwriter, Sales
- Insurance Special Agent
- Insurance Solicitor
- Insurance Salesperson
- Insurance Representative
- Inside Sales Representative
- Home Office Representative
- Health Insurance Specialist
- Health Insurance Sales Agent
- Group Leader
- Group Insurance Specialist
- Group Insurance Special Agent
- Financial Representative
- Field Service Representative
- Field Representative
- Field Marketing Representative
- Estate Planner
- Enrollment Specialist
- District Sales Coordinator
- District Agent
- Debit Agent
- Customer Service Representative (CSR)
- Contact Worker
- Contact Person
- Compensation Agent
- Commercial Lines Insurance Agent
- Business Account Leader
- Burial Agent
- Broker
- Bond Writer
- Accounts Executive
- Account Specialist
- Account Representative
- Account Leader
Tasks for “Insurance Salesman”
- Select company that offers type of coverage requested by client to underwrite policy.
- Develop marketing strategies to compete with other individuals or companies who sell insurance.
- Inspect property, examining its general condition, type of construction, age, and other characteristics, to decide if it is a good insurance risk.
- Plan and oversee incorporation of insurance program into bookkeeping system of company.
- Explain necessary bookkeeping requirements for customer to implement and provide group insurance program.
- Perform administrative tasks, such as maintaining records and handling policy renewals.
- Monitor insurance claims to ensure they are settled equitably for both the client and the insurer.
- Interview prospective clients to obtain data about their financial resources and needs, the physical condition of the person or property to be insured, and to discuss any existing coverage.
- Ensure that policy requirements are fulfilled, including any necessary medical examinations and the completion of appropriate forms.
- Contact underwriter and submit forms to obtain binder coverage.
- Customize insurance programs to suit individual customers, often covering a variety of risks.
- Explain features, advantages, and disadvantages of various policies to promote sale of insurance plans.
- Call on policyholders to deliver and explain policy, to analyze insurance program and suggest additions or changes, or to change beneficiaries.
- Install bookkeeping systems and resolve system problems.
- Sell various types of insurance policies to businesses and individuals on behalf of insurance companies, including automobile, fire, life, property, medical and dental insurance, or specialized policies, such as marine, farm/crop, and medical malpractice.
- Confer with clients to obtain and provide information when claims are made on a policy.
- Attend meetings, seminars, and programs to learn about new products and services, learn new skills, and receive technical assistance in developing new accounts.
- Calculate premiums and establish payment method.
- Seek out new clients and develop clientele by networking to find new customers and generate lists of prospective clients.
Related Technology & Tools
- Personal computers
- Notebook computers
- Pen-based computers
- Laptop computers
- Laser printers
- Desktop computers
- Laser facsimile machines
- Postage meters
- Digital cameras
- InStar Orion
- Hoffman Computer Systems Amsoft
- YouTube
- QuickQuote QuickFile Agency Management System
- Advantage Information Systems The Agency Advantage
- NaviSys Front Office
- LIDP Consulting Services The Administrator
- GBS Agency Expert
- Benefits Technology Group SalesLogix
- Insurance Technologies Corporation InsurancePro
- Adobe Systems Adobe AfterEffects
- Healthcare common procedure coding system HCPCS
- Allied Financial Software Act4Advisors
- Agency management software
- Spreadsheet software
- Results International Systems Artius Suite
- Agency Software AgencyPro
- North American Software Associates Eclipse
- Medical procedure coding software
- Microsoft Word
- Online Database Solutions Agent Intelligence
- United Systems and Software Individual Life and Health Administration System
- Insurance Technology Consultants WOW
- Fiserv FSC Manager
- Insurance Technologies ForeSight Enterprise
- Scheduling software
- Vulcan Solutions Vulcan Insurance
- Microsoft Excel
- Microsoft Outlook
- Terrace Consulting AgencyInsight
- E-Z Data SmartOffice
- Microsoft Office
- Tangle S Creations Your Insurance Office
- Allstar Software Systems Kofax
- AMS Services AMS 360
- Agency Master
- Web browser software
- AMS Services AMS Sagitta
- Tritech Financial Systems General Insurance Management System GIMS
- Microsoft PowerPoint
- Infospectrum Quick Insure
- Insurance rating software
- Insurance analysis software
- Applied Systems Vision
- Word processing software
- CoVirt VirtGate
- irs-aims MARS
- Cygnus Software IncomeMax
- Skywire Software Policyware
- G2X Agility:Insurance
- Special Agent
- MI-Assistant MI Management System
- DORIS FILESERVERonline
- CPU Tracker Software CPU Tracker
- Applied Systems The Agency Manager
- FINEOS Insure
- Underwriting software
- Insurance Systems WebWriter BackOffice