Insurance Agent Salaries & Top Paying Companies in Melbourne, FL

Position

City

Salary

How much does a Insurance Agent make in Melbourne, FL?

The average salary for a Insurance Agent is $59,863 per year in Melbourne, FL.

Graph depicting the yearly salary distribution for Insurance Agent jobs in Melbourne, FL, showing an average salary of $59,863 with varying distribution percentages across salary ranges.

Graph depicting the monthly salary distribution for Insurance Agent jobs in Melbourne, FL, showing an average salary of $4,989 with varying distribution percentages across salary ranges.

Graph depicting the weekly salary distribution for Insurance Agent jobs in Melbourne, FL, showing an average salary of $1,151 with varying distribution percentages across salary ranges.

Graph depicting the hourly salary distribution for Insurance Agent jobs in Melbourne, FL, showing an average salary of $29 with varying distribution percentages across salary ranges.

In Melbourne, FL, insurance agents earn a good salary. On average, an insurance agent makes about $59,863 a year. This varies based on experience and the specific company they work for. Many agents start with salaries between $30,000 and $48,000. As they gain experience, their earnings can rise to $130,000 or more.

The income for insurance agents in Melbourne, FL, also depends on the types of policies they sell. Agents who sell more policies, like life, health, or car insurance, can earn higher commissions. This adds to their base salary, making their overall income higher. Experienced agents who build a strong client base often see the most significant increases in their earnings.

What are the highest paying cities for a Insurance Agent near Melbourne, FL?

Cities near Melbourne, FL offer good pay for insurance agents. Viera stands out with the highest average salary of $87,800. Other nearby cities, such as Cocoa Beach and Palm Bay, also provide strong earning potential for insurance professionals.

Graph displaying highest paying cities salaries for Insurance Agent jobs near Melbourne, FL, highlighting Viera, FL with the highest at $87,800 and Merritt Island, FL with the lowest at $40,379.

Viera, FL
Average Salary: $87,800
Viera offers a stable environment for those in the insurance field. With companies like State Farm and Allstate, agents here benefit from a community-focused market. The area’s strong economy and growing population create many opportunities.
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Cocoa Beach, FL
Average Salary: $83,420
Cocoa Beach provides a vibrant atmosphere for insurance professionals. The presence of local agencies allows agents to build strong client relationships. The coastal location offers a unique lifestyle, making it an attractive place to work.
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Palm Bay, FL
Average Salary: $77,618
Palm Bay is a bustling city with a lot of potential for insurance agents. The area is home to many local businesses, giving agents plenty of chances to grow. Companies such as Geico and Nationwide are present, offering solid support.
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Fort Pierce, FL
Average Salary: $76,078
Fort Pierce is a growing city with a diverse market for insurance services. Agents here find a mix of urban and suburban clients. Major firms like Liberty Mutual provide strong backing for those looking to succeed.
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Cocoa, FL
Average Salary: $75,961
Cocoa has a tight-knit community that values local businesses. Insurance agents can build lasting relationships here. The area’s laid-back atmosphere makes it a pleasant place to work.
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Rockledge, FL
Average Salary: $75,048
Rockledge offers a friendly environment for insurance professionals. The area’s smaller size means agents can connect with many clients personally. Companies such as Progressive provide a solid platform for success.
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Orlando, FL
Average Salary: $72,806
Orlando’s vibrant economy creates many opportunities for insurance agents. The city’s large population means a steady flow of clients. Major firms like Farmers Insurance offer extensive resources for agents.
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Titusville, FL
Average Salary: $66,517
Titusville provides a balanced market for insurance agents. The area’s diverse client base offers various opportunities. Companies such as Allstate and State Farm are prominent here.
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Merritt Island, FL
Average Salary: $40,379
Merritt Island is a growing area with potential for insurance agents. The community-focused environment allows for strong client relationships. The area’s proximity to major cities like Orlando offers additional opportunities.
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What are the best paying companies for a Insurance Agent in Melbourne, FL?

Aflac offers one of the highest salaries for Insurance Agents in Melbourne, FL, paying an average of $87,017 annually. Magellan Financial also provides a competitive salary, averaging around $72,000 per year. Bankers Life follows closely, offering an average of $55,625 per year for this role. These companies value skilled Insurance Agents, providing not only strong compensation but also opportunities for professional growth. With a focus on client service and industry expertise, these positions can lead to rewarding careers. Job seekers looking to maximize their earnings should consider exploring opportunities within these top-paying firms.

Graph displaying best paying company salaries for Insurance Agent jobs in Melbourne, FL, highlighting Aflac with the highest at $87,017 and Brevard Zoo with the lowest at $29,180.

Aflac
Average Salary: $87,017
Aflac offers rewarding Insurance Agent positions across various locations in Melbourne, FL. Aflac aims to deliver personalized insurance solutions. Their agents work to help individuals and families secure their future with comprehensive coverage.
Magellan Financial
Average Salary: $72,000
Magellan Financial provides Insurance Agent roles in Melbourne, FL. The company focuses on delivering financial solutions to clients. Their agents help customers with a wide range of insurance needs and financial planning.
AAA The Auto Club Group
Average Salary: $61,800
AAA The Auto Club Group has multiple Insurance Agent openings in Melbourne, FL. AAA offers extensive insurance services and membership benefits. Their agents assist members with auto, home, and life insurance, among other services.
Bankers Life
Average Salary: $55,625
Bankers Life provides Insurance Agent jobs in Melbourne, FL. The company specializes in life and health insurance products. Their agents work to provide clients with tailored insurance solutions and financial security.
Brightway Insurance
Average Salary: $52,500
Brightway Insurance offers Insurance Agent positions in Melbourne, FL. This company focuses on delivering a variety of insurance products. Their agents help clients find the right coverage to protect their assets and well-being.
Levay Mack Insurance Group, Inc.
Average Salary: $48,000
Levay Mack Insurance Group, Inc. has Insurance Agent jobs in Melbourne, FL. The company offers a range of insurance services and products. Their agents work to meet the diverse needs of clients, providing them with the right coverage options.
Brevard Zoo
Average Salary: $29,180
Brevard Zoo provides entry-level Insurance Agent jobs in Melbourne, FL. Working here, agents will gain experience in a supportive environment while contributing to the zoo's mission of wildlife conservation and education.

What are the best paying Insurance Agent related jobs in Melbourne, FL?

Actuaries and business analysts often earn the highest salaries related to insurance roles in Melbourne, FL. Actuaries can expect an average salary of $126,291, while business analysts earn around $80,639. These roles require strong analytical skills and a deep understanding of insurance products. Insurance sales managers also enjoy competitive pay, averaging $70,357. They lead teams and help businesses understand and use insurance services effectively. These jobs demand excellent communication skills and the ability to build strong client relationships.

Graph displaying best paying related job salaries for Insurance Agent jobs near Melbourne, FL, highlighting Actuary with the highest at $126,291 and Customer Service Agent with the lowest at $33,529.

Actuary
Average Salary: $126,291
Actuaries work closely with insurance companies to analyze risks and costs. They assess the financial impact of insurance policies. This role demands strong analytical skills and expertise in mathematics. In Melbourne, several top firms require actuaries to ensure policy pricing is fair and profitable.
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Business Analyst
Average Salary: $80,639
Business analysts in the insurance sector evaluate and improve processes. They work with various departments to enhance efficiency. They also analyze market trends and suggest improvements. In Melbourne, companies like ABC Insurance seek analysts to support their business strategies with solid data and insights.
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Sales Manager
Average Salary: $70,357
Sales managers lead teams to meet sales goals. They develop sales strategies and oversee sales activities. They train and motivate their team members. In Melbourne, insurance firms like XYZ Insurance rely on skilled sales managers to boost their market presence and achieve targets.
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Health Insurance Specialist
Average Salary: $69,724
Health insurance specialists help customers understand their health coverage. They explain plans and answer questions. They also assist with claims and policy changes. Many insurance companies in Melbourne, such as ABC Health, need these specialists to guide their clients effectively.
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Financial Advisor
Average Salary: $63,333
Financial advisors provide personalized advice on insurance and investments. They help clients plan for their financial future. They need excellent communication and analytical skills. In Melbourne, firms like XYZ Finance hire advisors to assist clients in making smart financial decisions.
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Underwriter
Average Salary: $61,644
Underwriters assess the risk of insuring clients. They review applications and determine policy terms. They ensure the company's financial stability. Several insurance companies in Melbourne, including ABC Insurance, depend on underwriters to manage their risk profiles effectively.
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Insurance Analyst
Average Salary: $43,392
Insurance analysts collect and analyze data to support decision-making. They create reports and present findings. They work with actuaries and underwriters to refine policies. In Melbourne, companies like XYZ Insurance look for analysts who can turn data into actionable insights.
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Customer Service Representative
Average Salary: $36,396
Customer service reps assist clients with their insurance needs. They handle inquiries and resolve issues. They ensure customer satisfaction and loyalty. Many insurance firms in Melbourne, such as ABC Insurance, need reps who can communicate clearly and compassionately.
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Customer Service Agent
Average Salary: $33,529
Customer service agents provide support to clients over the phone or online. They help with policy details and claims. They aim to resolve issues quickly and efficiently. In Melbourne, several insurance companies, including XYZ Insurance, employ agents to maintain excellent client relations.
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Insurance Agent Salary in Melbourne, FL

How much does a Insurance Agent make in Melbourne, FL?

What are the highest paying cities for a Insurance Agent near Melbourne, FL?

What are the best paying companies for a Insurance Agent in Melbourne, FL?

Currently 3,519 Insurance Agent job openings, nationwide.

How's the job market for a Insurance Agent in the US?

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