Will “Insurance Sales Agent” be Replaced By Robots? 🤔
92% Chance of Automation
“Insurance Sales Agent” 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.
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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 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 Salesman
- Insurance Sales Agent
- 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 Sales Agent”
- Customize insurance programs to suit individual customers, often covering a variety of risks.
- Plan and oversee incorporation of insurance program into bookkeeping system of company.
- Explain features, advantages, and disadvantages of various policies to promote sale of insurance plans.
- Inspect property, examining its general condition, type of construction, age, and other characteristics, to decide if it is a good insurance risk.
- Seek out new clients and develop clientele by networking to find new customers and generate lists of prospective clients.
- Calculate premiums and establish payment method.
- 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.
- 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.
- Call on policyholders to deliver and explain policy, to analyze insurance program and suggest additions or changes, or to change beneficiaries.
- Ensure that policy requirements are fulfilled, including any necessary medical examinations and the completion of appropriate forms.
- 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.
- Confer with clients to obtain and provide information when claims are made on a policy.
- Contact underwriter and submit forms to obtain binder coverage.
- Install bookkeeping systems and resolve system problems.
- Attend meetings, seminars, and programs to learn about new products and services, learn new skills, and receive technical assistance in developing new accounts.
- Monitor insurance claims to ensure they are settled equitably for both the client and the insurer.
Related Technology & Tools
- Laptop computers
- Laser printers
- Laser facsimile machines
- Personal computers
- Notebook computers
- Pen-based computers
- Digital cameras
- Desktop computers
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- Agency management software
- Cygnus Software IncomeMax
- Tritech Financial Systems General Insurance Management System GIMS
- Insurance Technology Consultants WOW
- Skywire Software Policyware
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- Results International Systems Artius Suite
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- MI-Assistant MI Management System
- NaviSys Front Office
- Microsoft Outlook
- YouTube
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- Microsoft Office
- Applied Systems The Agency Manager
- G2X Agility:Insurance
- irs-aims MARS
- Benefits Technology Group SalesLogix
- Insurance Systems WebWriter BackOffice
- Web browser software
- United Systems and Software Individual Life and Health Administration System
- AMS Services AMS Sagitta
- Microsoft Excel
- Allstar Software Systems Kofax
- Online Database Solutions Agent Intelligence
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- Insurance Technologies ForeSight Enterprise
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- QuickQuote QuickFile Agency Management System
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- Special Agent
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- Adobe Systems Adobe AfterEffects
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- Infospectrum Quick Insure
- Healthcare common procedure coding system HCPCS
- Tangle S Creations Your Insurance Office
- Agency Master
- Insurance Technologies Corporation InsurancePro
- CoVirt VirtGate
- FINEOS Insure
- Microsoft PowerPoint
- Microsoft Word
- Advantage Information Systems The Agency Advantage
- Scheduling software
- DORIS FILESERVERonline
- Insurance analysis software
- Applied Systems Vision
- InStar Orion
- CPU Tracker Software CPU Tracker
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- Spreadsheet software
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