Will “Life Insurance Salesperson” be Replaced By Robots? 🤔
92% Chance of Automation
“Life Insurance Salesperson” 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 Agent
- Licensed Insurance Sales Agent
- Insurance Underwriter, Sales
- Insurance Special Agent
- Insurance Solicitor
- Insurance Salesperson
- Insurance Salesman
- 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 “Life Insurance Salesperson”
- Plan and oversee incorporation of insurance program into bookkeeping system of company.
- Seek out new clients and develop clientele by networking to find new customers and generate lists of prospective clients.
- 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.
- Explain necessary bookkeeping requirements for customer to implement and provide group insurance program.
- Attend meetings, seminars, and programs to learn about new products and services, learn new skills, and receive technical assistance in developing new accounts.
- 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.
- Monitor insurance claims to ensure they are settled equitably for both the client and the insurer.
- Install bookkeeping systems and resolve system problems.
- Inspect property, examining its general condition, type of construction, age, and other characteristics, to decide if it is a good insurance risk.
- Confer with clients to obtain and provide information when claims are made on a policy.
- 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.
- Develop marketing strategies to compete with other individuals or companies who sell insurance.
- Select company that offers type of coverage requested by client to underwrite policy.
- Perform administrative tasks, such as maintaining records and handling policy renewals.
- Calculate premiums and establish payment method.
- Customize insurance programs to suit individual customers, often covering a variety of risks.
- 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.
Related Technology & Tools
- Desktop computers
- Pen-based computers
- Notebook computers
- Laser printers
- Laser facsimile machines
- Personal computers
- Digital cameras
- Laptop computers
- Postage meters
- Microsoft Excel
- Insurance rating software
- Insurance analysis software
- Insurance Technologies Corporation InsurancePro
- Online Database Solutions Agent Intelligence
- Healthcare common procedure coding system HCPCS
- Allstar Software Systems Kofax
- Insurance Systems WebWriter BackOffice
- North American Software Associates Eclipse
- Word processing software
- Vulcan Solutions Vulcan Insurance
- Advantage Information Systems The Agency Advantage
- Allied Financial Software Act4Advisors
- Skywire Software Policyware
- Fiserv FSC Manager
- Tritech Financial Systems General Insurance Management System GIMS
- NaviSys Front Office
- Insurance Technologies ForeSight Enterprise
- Infospectrum Quick Insure
- Spreadsheet software
- DORIS FILESERVERonline
- Results International Systems Artius Suite
- AMS Services AMS Sagitta
- FINEOS Insure
- Medical procedure coding software
- Microsoft Word
- irs-aims MARS
- Applied Systems Vision
- GBS Agency Expert
- Microsoft Outlook
- InStar Orion
- Adobe Systems Adobe AfterEffects
- LIDP Consulting Services The Administrator
- Cygnus Software IncomeMax
- QuickQuote QuickFile Agency Management System
- CPU Tracker Software CPU Tracker
- E-Z Data SmartOffice
- United Systems and Software Individual Life and Health Administration System
- CoVirt VirtGate
- Terrace Consulting AgencyInsight
- Hoffman Computer Systems Amsoft
- Underwriting software
- Benefits Technology Group SalesLogix
- G2X Agility:Insurance
- MI-Assistant MI Management System
- Web browser software
- AMS Services AMS 360
- Applied Systems The Agency Manager
- Tangle S Creations Your Insurance Office
- Microsoft PowerPoint
- Insurance Technology Consultants WOW
- Agency management software
- Agency Software AgencyPro
- Agency Master
- Special Agent
- YouTube
- Microsoft Office
- Scheduling software