Job Statistics for Insurance Agents
According to the U.S Bureau of Statistics, the employment of insurance agents is expected to grow faster than the average for all occupations at a rate of 5 percent from 2019 to 2029. The industries with the highest levels of employment for agents include:- Agencies, brokerages, and other insurance-related activities
- Insurance Carriers
- Management of Companies and Enterprises
- Management, Scientific, and Technical consulting services
- Credit intermediation and related activities
- Entry-level $33k
- Early-career $36k
- Mid-career $41k
- Late-career $43k
- Experienced $48k
The average salary for an Insurance Sales Agent is $39,000 (Payscale).
How to Make an Insurance Agent Resume (Even without Experience)
Most employers require something different, so it is essential to check the job description and see exactly what you need to have in your insurance agent resume. You can follow the general rules of writing a resume but constantly personalize and tailor each resume to suit the specific job you apply for. It's a serious mistake to use one resume for all your job applications. So, to personalize your resume effortlessly, just follow these tips:- Using a resume format that presents your experience and skills in the best way to the recruiting manager.
- Adding all the necessary keywords and action verbs that will help you beat the applicant tracking system.
- Adding all the crucial sections to your insurance CV, including the header, resume summary/objective, work experience, educational qualifications, skills, and an additional section (volunteer work, awards/honors, interests, languages, certifications, and computer skills.)
If you don't have experience...
In this case, follow these resume formats to organize, structure, and fill your resume. The functional resume is also known as the skill-based resume because it allows you to focus on your skills. The combination/hybrid resume mixes the best features of the functional and reverse-chronological resume formats and flawlessly shows off your expertise. The structure of your insurance agent resume should have the following sections:- Header section
- Resume summary/resume objective
- Work experience
- Educational qualifications
- Skills section
- An additional section (Certifications, interests, Awards/honors, conferences, languages, and volunteer work)
Start with the Header of the Insurance Agent Resume
The header section is the first section in your resume, and it has your full name, job title, contact information, and a link to your Linkedin profile or website. The information in this section should be accurate so that the recruiting manager can reach you. Here is an example
CORRECTAnn Carstens
Insurance Agent
512-334-784
anncarstens@gmail.com
Miami, FL
linkedin.com/in/anncarstens
Example of a bad header
Here is an example
INCORRECTAnn Carstens
Insurance Agent
512-334-784
anncarstens@gmail.com
linkedin.com/in/anncarstens
Date of birth 02/03/1997
4154 Marigold Lane
House number 44
Miami, FL
Your header section needs to be short and precise, and you should avoid putting too much personal information. The location is also optional, and you can leave it out if you are not applying for a job abroad.
Note: We do not recommend including a photo if you're applying for a job in the U.S., the U.K., Canada, Australia, and New Zealand. In these countries, managers can be accused of discriminating against candidates based on their photos, so most managers will prefer to reject them right away.
Professional Summary for a Life Insurance Agent Resume
A professional summary statement allows you to introduce your resume to the recruiting manager by summarizing your professional achievements, and experience. The short paragraph should interest the recruiting manager in reading the rest of your CV, so ensure that it is well-written.CORRECTDiligent Insurance Agent with expertise in various insurance operations. Proven ability to accurately classify, code, and rate insurance applications, maintaining high-quality control standards. Natural leader with the ability to mentor junior employees to help them achieve their sales targets every month.
INCORRECTEnergetic Insurance Sales Agent with a lot of success in marketing insurance products. Provides exceptional customer service.
A resume objective is an excellent option if you are a recent graduate or are changing careers and don’t have much experience. It allows you to talk about your career goals and how they align with the company goals. It also gives you a chance to express your passion for the job.
Demonstrate Your Experience as an Insurance Agent
The work experience section is a critical section in your resume which allows you to show your potential employer what you can do based on your employment history. Viewing a real-life sample insurance resume is always a good reference if you don't know how to add this section to your resume. You can also check out our resume builder templates. It is always better to add your relevant work experience under this section. If you don't have any relevant experience, you can add any other experience you have and mention the unique abilities you gained related to the position.You can also add three to five duties or responsibilities using bullet points and quantify them using figures and facts. This helps to show the recruiting manager the value you will bring to the company.
Experience examples for beginners/juniors
Here is an example
HUB International Limited
Insurance broker
August 2014-January 2018
Produced $10 million in annual sales by up-selling insurance company products and services.
Collaborated with car dealers, loan processors, and other insurance professionals to develop positive business relationships.
Achieved high client retention by providing quality service and follow-up, helping the sales department to get an award for the best performing department.
Examples for senior insurance agents
Here is an example
Acrisure LLC
Insurance Sales Agent
June 2015-December 2017
Worked with the claims adjuster to investigate claims and assist clients, ensuring they got the best customer service.
Supervised a team of six customer service agents in the retail office and was tasked with offering additional training every once a month.
Performing applications, cancellations, payments, corrections, and product endorsements.
Education in the Insurance Agent Resume
This section can help set you apart from the other applicants and make you the top candidate. It is not always a requirement, but it is vital to have it when applying for a position at an insurance company. If you have a high school diploma or a college degree, you will add it to this section. You don’t have to add the high school diploma if you have a Master's degree. So how to list your education correctly? When listing your educational qualifications, you will start with the name of the degree, the school's name, the location, and the years spent in school. You can add your GPA if it's impressive and will help your insurance agent resume stand out. Here is an example:
Bachelor's degree in Insurance and Risk Management
University of Hartford, Connecticut
December 2017
Skills in an Insurance Agent's Resume: What skills to Include?
Your skills are the unique abilities that help you perform your duties diligently. An insurance agent should have a particular expertise that allows them to be successful in their job. If you don't have these abilities in your insurance agent resume, you will probably not get the job. You can check the job description for some of the skills your potential employer requires and add them to your resume. Hard skills- CRM software
- Computer proficient
- Renewing Insurance policies
- Applied Systems(TAM) experience
- Cross-selling and up-selling
- Quoting and pricing policies
- Lead Development
- Client account management
- Knowledge of competitors' insurance products
- Interpersonal skills
- Detail-oriented
- Communication
- Excellent customer service
- Time management
- Listening
- Teamwork
- Decision making
- Problem-solving
