Life Insurance Sales Representative Salary in Colorado - State Average

To get your salary data, use the search bar below or browse by job, city, or state.
loading...

Job title is required

loading...

Job location is required.

Average Salary for Life Insurance Sales Representative in Colorado - State Average

The average salary of a(n) Life Insurance Sales Representative in Colorado - State Average is $49,126.

The average hourly rate of a(n) Life Insurance Sales Representative in Colorado - State Average is $23.62.

The average bonus of a(n) Life Insurance Sales Representative in Colorado - State Average is $6,298.00.

Job Description:

Sells life insurance policies to new or existing customers in assigned area or territory. Creates prospect list and new accounts. Calls on and interacts directly with new and existing customers or clients to explain features and merits of policies offered, recommending amount and type of coverage based on analysis of prospect's circumstances, and utilizing persuasive sales techniques. Requires license to sell life insurance. Describes life insurance policies and emphasizes the best applications and saleable features. Answers all questions concerning products, with appropriate referrals where required. Calculates and quotes premium rates for recommended policies. Analyzes and determines customers’ needs and recommends appropriate life insurance policies to meet those needs. Prepares forms or agreements, closes transactions, and secures sales. Establishes professional customer relationships with appropriate customer personnel. Submits time and expense reports to management. Analyzes and interprets records of present and past sales, trends and costs, estimated and realized revenue, administrative commitments, and obligations incurred for management. Keeps informed of new products and product changes that might affect product sales. Keeps informed of company contract procedures and product prices. May work with appropriate internal departments to obtain support and assistance in meeting customers' needs. May offer clients advice on minimizing risk and comprehensive financial planning services, including retirement planning, estate planning, and assistance in setting up pension plans for businesses. May also be licensed to sell mutual funds, annuities, and other securities. Less

Sells life insurance policies to new or existing customers in assigned area or territory. Creates prospect list and new accounts. Calls on and interacts directly with new and existing customers or clients to explain features and merits of policies offered,... More

How helpful is this page?

Are you a(n) Life Insurance Sales Representative?

Get a more personalized salary report now. Get Report

Average Salaries for Similar Jobs in Colorado - State Average

View Salaries for Life Insurance Sales Representative in Other Cities in Colorado - State Average

Job Openings by Indeed job search

Results for Life Insurance Sales Representative in Colorado - State Average

Insurance and Financial Services Producer - Lakewood, CO

Justin Aller State Farm

Sales experience (outside sales or inside sales representative, retail sales associate, or telemarketing) preferred....

View job on Indeed.com

Route Sales Representative-Colorado Springs CO - Colorado

Deli Express

Medical, Dental, Vision, Disability and Life Insurance. The Route Sales Representative sells our Deli Express brand of products, orders (using handheld...

View job on Indeed.com

Field Supvr. - Denver, CO

Denver Water

Denver Water offers excellent benefits that include a pension plan, a 401K Plan with 3% match, a 457 Deferred Compensation Plan, Health and Dental coverage,...

View job on Indeed.com

Experienced Sales Representative-10 Weeks Paid Training - Fort Collins, CO

Liberty Mutual

As an Experienced Sales Representative, you will build and develop client relationships within local communities to promote Liberty Mutual Insurance products...

View job on Indeed.com

Sales Internship Program - Colorado - Highlands Ranch, CO

Liberty Mutual

Assist Sales Representatives, who sell Auto, Home, Life, and other insurance products. As a Liberty Mutual Insurance Personal Markets Sales Intern, you will...

View job on Indeed.com

Discover How Much You
Should Be Paid

Work in Compensation or HR?    x