Insurance representatives advise on and sell life, accident, automobile, liability, endowment, fire, marine and other types of insurance to new and established clients.
Skill level:
Skilled
Check your Wage
- Salary range for the majority of workers in Insurance representatives - from $2,186 to $8,812 per month - 2024.
- A Insurance representatives typically earns between $2,186 and $5,511 gross per month at the start of the job.
- After 5 years of service, this is between $2,480 and $6,352 per month for a working week of 40 hours.
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Tasks and duties
- Obtaining information about customers’ circumstances necessary to determine appropriate type of insurance and conditions
- Negotiating with customers to determine type and degree of risk for which insurance is required
- Explaining details of insurance and conditions, risk coverage premiums and benefits to customers
- Assisting clients to determine the type and level of coverage required, calculating premiums and establishing method of payment
- Negotiating and placing reinsurance contracts
- Advising on, negotiating terms for and placing insurance contracts for large or special types of projects, installations or risks
