Salary by Education Level
What the Data Shows
For Insurance Sales Agents positions, filings requiring a Master's degree carried an average declared salary of $72,010 versus $85,788 for those requiring a Bachelor's - a premium of -16.1%. Across all certified filings with a stated education level, 53.2% accepted a Bachelor's degree as the minimum requirement.
Education vs Salary
| Education Level | Average Salary | Filings | % of Total |
|---|---|---|---|
| Bachelor's | $85,788 | 25 | 53.2% |
| Master's | $72,010 | 1 | 2.1% |
| None | $68,348 | 8 | 17% |
| Associate's | $60,410 | 3 | 6.4% |
| High School | $36,182 | 10 | 21.3% |
Education by Top Employer
| Employer | Most Common Minimum | % Bachelor's | % Master's | Median Salary |
|---|---|---|---|---|
| WILLIS RE INC. | Bachelor's | 50% | 0% | $125,000 |
| Willis of New York, Inc. | Bachelor's | 100% | 0% | $70,000 |
| Willis Americas Administration Inc. | Bachelor's | 100% | 0% | $155,000 |
| Marsh USA LLC | N/A | N/A | N/A | $55,000 |
| PAKAP DWIN AGENCY - FARMERS INSURANCE | N/A | N/A | N/A | $62,400 |
| JLT SPECIALTY INSURANCE SERVICES | N/A | N/A | N/A | $71,250 |
| JEFFREY L. BRADSHAW DBA POWELL'S INSURANCE | N/A | N/A | N/A | N/A |
| VIVIANNA LEE, LLC | N/A | N/A | N/A | $43,264 |
| BRIAN BTESH | N/A | N/A | N/A | N/A |
| Arthur J. Gallagher Service Company, LLC | N/A | N/A | N/A | $45,000 |
| NEXT COMPANIES | N/A | N/A | N/A | $24,960 |
| SMART INSURANCE CORP | None | 0% | 0% | $52,624 |
| EURO-CENTER USA,INC | N/A | N/A | N/A | $51,450 |
| FIRST REINSURANCE SERVICES, CORP | N/A | N/A | N/A | $52,500 |
| Willis North America Inc. | N/A | N/A | N/A | $270,000 |
| SWETT & CRAWFORD | Bachelor's | 100% | 0% | $145,000 |
| Willis Towers Watson, CAC, Inc. | Bachelor's | 100% | 0% | $87,500 |
| INSURICA | N/A | N/A | N/A | $31,000 |
| John MacDonald Agency Inc | N/A | N/A | N/A | N/A |
| SCIULLO INSURANCE & FINANCIAL SERVICES, INC | N/A | N/A | N/A | N/A |