In personal lines, most average CSRs handle
between $75,000 and $120,000 in
commission. High-performing CSRs are in the $105,000 to $180,000 range, again based on size of account.
How much should a commercial lines CSR handle?
Some commercial lines CSRs can handle only 250 to 300 accounts and others handle 500 to 750? Although it will vary greatly, the average commercial lines CSR will handle
around $400,000 of commission revenue
.
What is a Personal Lines CSR?
Personal Lines Customer Service Representative. Mission of the Personal Lines Customer Service Representative. To serve the customer base so extraordinarily that clients tell their friends and family about the agency.
How many clients should an insurance agent have?
At any one time, an average agent that's been building their list over 4 – 5 years or more might have
between 30 and 40 active clients
. (But who those active clients are could/will change over time.)
What does a commercial insurance CSR do?
A commercial insurance customer service representative works in the commercial unit of an insurance provider. In this position, you
assist business customers with policy quotes, needs analysis, insurance applications, and coverage renewals
.
How much do insurance CSR make?
| Annual Salary Hourly Wage | Top Earners $46,000 $22 | 75th Percentile $39,500 $19 | Average $35,414 $17 | 25th Percentile $28,500 $14 |
|---|
How many clients do State Farm agents have?
Our more than 55,000 employees and more than 19,000 independent contractor agents service
83 million policies
and accounts throughout the U.S.
How many policies does an insurance agent sell per month?
About on average 25 to 40 per month.
2.5 policies per month
is the Official Number from the financial reports.
How many clients do acting agents have?
Now let's dig deeper. The average talent agent—a guy like me—represents anywhere from
125 to 150 clients
. A manager's list is smaller. The best ones work with fewer than 20 actors.
What do commercial lines processors do?
Initiate any type of change request and send to carrier to make policy changes, issue certificates, auto ID cards
, and any/all other insurance documents customary to commercial lines processes.
Is a customer service representative a good job?
A job as a customer service representative is an
excellent option for individuals who enjoy working with the public and being of service
. It is also a good choice for people who are interested in a broad range of subjects, as positions are available in almost every sector of the public and private industry.
How much do commercial insurance account managers make?
How much does a Commercial Insurance Account Manager make in California? The average Commercial Insurance Account Manager salary in California is
$58,547
as of August 27, 2021, but the range typically falls between $53,471 and $66,044.
Who is Jake from State Farm?
Who Is The New ‘Jake From State Farm' Actor? In 2020, State Farm revived the popular “State of Unrest” campaign, but with an updated twist. The role of Jake was re-cast by
professional actor Kevin Mimms
.
How do I prepare for a State Farm interview?
Before applying for a position, spend
some time learning about State Farm
. Also research the job you've applied for and be prepared to tell us why your experience and skills make you the best candidate for the job. If you haven't viewed our Success for Digital Interviewing video, consider doing that.
What is the biggest insurance company?
| Ranking Insurance Company Name Domicile | 1 UnitedHealth Group Incorporated (1) United States | 2 Ping An Ins (Group) Co of China Ltd. China | 3 AXA S.A. France | 4 China Life Insurance (Group) Company China |
|---|
Why do insurance agents quit?
26.2% voted a
lack of money for leads
as their primary reason why they quit. Less important reasons agents quit selling insurance include running out of prospects, personal issues like health problems, and discovering the business wasn't a right fit.
