Occupational Employment Statistics

DETAILED OCCUPATION DATA

41-3021 Insurance Sales Agents

Occupational 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.

Occupational Employment Statistics(OES) Wage Data
First Quarter 2026

Geography	Employment	Emp SE*	Percentiles
Geography	Employment	Emp SE*	Mean	10th	25th	Median	75th	90th
Minnesota	10,010	721	$48.65/hr	$23.95/hr	$29.08/hr	$38.15/hr	$50.54/hr	$78.13/hr

Leading Industries for Insurance Sales Agents

Industry	OES Employment (Statewide)	OES Median Wage (Statewide)
Trade, Transportation and Utilities	110	$50.40/hr
Financial Activities	9,650	$38.06/hr
Professional and Business Services	250	$50.16/hr

Other Regional Data for Insurance Sales Agents

Geography	Employment	Median Wage	Projections % Change 2024-2034
Northeast Balance of State	120	$29.57/hr	N/A
Grand Forks ND-MN MSA	120	$30.92/hr	N/A
Mankato-North Mankato MN MSA	120	$31.64/hr	N/A
La Crosse WI-MN MSA	130	$38.96/hr	N/A
Rochester MN MSA	190	$34.13/hr	N/A
Southwest Balance of State	290	$36.92/hr	N/A
St Cloud MN MSA	300	$27.00/hr	N/A
Southeast Balance of State	310	$29.41/hr	N/A
Duluth MN-WI MSA	340	$28.57/hr	N/A
Southwest Minnesota	390	$30.74/hr	6.1%
Northeast Minnesota	390	$28.87/hr	3.4%
Southeast Minnesota	430	$30.05/hr	9.0%
Northwest Balance of State	540	$29.62/hr	N/A
Fargo ND-MN MSA	610	$34.55/hr	N/A
Northwest Minnesota	640	$29.62/hr	8.1%
Central Minnesota	700	$30.77/hr	10.1%
Seven County Mpls-St Paul, MN	6,350	$45.63/hr	7.3%
Minneapolis-St Paul-Bloomington MN-WI MSA	6,750	$41.08/hr	N/A
Minnesota	10,010	$38.15/hr	3.6%

Related Occupations

Occupations	Employment	Median Wage	Projections % Change 2024-2034
Insurance Underwriters	2,550	$39.45/hr	-3.5%
Loan Officers	6,430	$46.53/hr	-1.0%
Securities, Commodities, and Financial Services Sales Agents	8,820	$40.44/hr	2.2%
Loan Interviewers and Clerks	2,850	$25.47/hr	-5.4%
Credit Authorizers, Checkers, and Clerks	70	$30.02/hr	N/A
Credit Counselors	580	$30.39/hr	1.7%
Cargo and Freight Agents	1,380	$28.87/hr	4.7%
Tax Preparers	1,040	$28.94/hr	1.3%
New Accounts Clerks	1,160	$24.08/hr	-15.4%
Tax Examiners and Collectors, and Revenue Agents	1,150	$38.62/hr	1.6%

Task for Insurance Sales Agents

Seek out new clients and develop clientele by networking to find new customers and generate lists of prospective clients.
Call on policyholders to deliver and explain policy, to analyze insurance program and suggest additions or changes, or to change beneficiaries.
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.
Explain features, advantages, and disadvantages of various policies to promote sale of insurance plans.
Calculate premiums and establish payment method.
Monitor insurance claims to ensure they are settled equitably for both the client and the insurer.
Confer with clients to obtain and provide information when claims are made on a policy.
Explain necessary bookkeeping requirements for customer to implement and provide group insurance program.
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.
Contact underwriter and submit forms to obtain binder coverage.