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