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Life Insurance Sales Agent
Career Insights for Life / Health Insurance Sales Agent
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Scorecard
Based on Colorado data
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What they do
A Life or Health Insurance Sales Agent sells life insurance or health insurance to customers, working on behalf of an insurance company or independent insurance agent or broker. Evaluates the insurance coverage needed by a customer and proposes insurance packages and prices. Life insurance agents may sell policies or annuities, and assist clients or beneficiaries with getting insurance claims processed. Health insurance agents may negotiate rates for employers, explain plans and benefits to employees, and help clients to file or resolve health insurance claims. Life and health insurance sales agents may earn commissions for sales.
$74,829 / year median in Colorado
-16% projected decline
Job Description
Compensation:
$75,000 - $150,000+ at planned commissionResponsibilities:
Serve as an attentive listener when communicating with new and potential clients in order to accurately identify their unique needs prior to pursuing specific insurance sales Remain updated about insurance industry changes that may affect customers in your portfolio Offer personal attention when pursuing new clients through various marketing strategies to grow your existing portfolio of policyholders Collaborate with policyholders to develop insurance risk management and other profiles that specify the best policies for their evolving insurance needs Take ownership of ensuring there are accurate records of all necessary bookkeeping, client, and sales reports in order to track and communicate the status of assigned goals Implement targeted marketing strategies, including but not limited to networking and community involvement.Qualifications:
Basic computer skills including proficiency with Microsoft Office suite is required Willingness to learn about the insurance industry, insurance programs, and state and federal regulations that may impact policyholders Must be a superb communicator able to carefully analyze complex ideas like insurance programs; experience working in customer service is beneficial Experience using accounting or sales-related software is beneficial Bachelor's degree preferred; high school diploma mandatory About Company New York Life Insurance Company NYL is one of the largest and most respected mutual life insurance companies in the US. Founded in 1845, the company is owned by its policyholders, which means decisions are made with a long-term focus on financial strength, stability, and client outcomes—not shareholder pressure. New York Life provides life insurance, retirement income solutions, long-term care coverage, and investment products, helping individuals, families, and businesses build and protect their financial futures. NYLIFE SecuritiesLLC NYLIFE
Securities is the registered broker-dealer and FINRA-member subsidiary of New York Life. It allows financial professionals to offer securities products such as mutual funds, variable annuities, and managed accounts. Through NYLIFE Securities, advisors can provide comprehensive financial guidance that integrates insurance protection with investment strategies, delivering holistic solutions tailored to clients' goals.Benefits
- Dental Insurance
- Life Insurance