Insurance Agent Salary in Newark, NJ
How much does a Insurance Agent make in Newark, NJ?
An Insurance Agent in Newark, NJ, has the opportunity to earn a competitive salary. On average, these professionals make around $75,086 per year. This figure can vary based on experience, skills, and the specific company they work for. The range of salaries can be quite broad, with some agents earning as little as $46,000 and others reaching up to $162,500 annually. This range reflects the potential for growth and advancement in the field.
Several factors influence the salary of an Insurance Agent in Newark. Experienced agents with a strong client base often earn higher salaries. Additionally, those who specialize in high-demand areas, such as health or life insurance, may see better compensation. Networking and building strong relationships with clients also play a crucial role in increasing earning potential. For those who are dedicated and proactive, the salary can be quite rewarding.
What are the highest paying cities for a Insurance Agent near Newark, NJ?

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New York, NY
Average Salary: $145,909
In New York, NY, professionals can find diverse opportunities in the insurance sector. With major companies like AXA and MetLife, agents can work in a dynamic environment. The city offers a competitive market with many clients seeking comprehensive insurance solutions.
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Montclair, NJ
Average Salary: $97,645
Montclair, NJ, provides a vibrant community for insurance agents. Working with local firms, agents can build strong relationships with clients. The area's growing population offers a steady stream of potential customers.
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Elizabeth, NJ
Average Salary: $90,105
Elizabeth, NJ, is a bustling city with many opportunities for insurance agents. Companies like Prudential and Allstate are present, offering a range of insurance products. The city's diverse population makes for a varied client base.
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Morristown, NJ
Average Salary: $72,282
In Morristown, NJ, insurance agents can enjoy a professional and supportive work environment. With companies such as Chubb and The Hartford, agents have access to excellent resources. The area's affluent residents seek high-quality insurance services.
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Paterson, NJ
Average Salary: $63,165
Paterson, NJ, offers a dynamic setting for insurance professionals. Working with local and national firms, agents can cater to a diverse clientele. The city's growth provides many opportunities for career advancement.
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Linden, NJ
Average Salary: $62,526
Linden, NJ, is a great place for insurance agents to thrive. The area offers a mix of residential and commercial clients, providing a steady flow of business. Local companies offer support and training to help agents succeed.
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Bayonne, NJ
Average Salary: $62,500
Bayonne, NJ, presents a promising environment for insurance agents. With companies like Allstate and GEICO, agents can offer a variety of insurance products. The city's growing population creates many opportunities for growth.
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Newark, DE
Average Salary: $61,890
Newark, DE, offers a stable market for insurance professionals. Working with firms like Nationwide and State Farm, agents can build a strong client base. The city's diverse economy provides many opportunities for insurance services.
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Bridgewater, NJ
Average Salary: $58,500
Bridgewater, NJ, is an ideal location for insurance agents. The area's affluent residents seek comprehensive insurance solutions. Working with local and national companies, agents can offer a wide range of services.
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Jersey City, NJ
Average Salary: $53,598
Jersey City, NJ, provides a vibrant setting for insurance professionals. With major companies like MetLife and Prudential, agents have access to excellent resources. The city's diverse population offers many opportunities for business.
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What are the best paying companies for a Insurance Agent in Newark, NJ?

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Advocate Health Advisors
Average Salary: $85,625
Advocate Health Advisors offers competitive salaries for Insurance Agents in Newark, NJ. They focus on providing health insurance solutions. The company operates in Newark, NJ, and other locations.
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Aflac
Average Salary: $69,987
Aflac provides a solid salary for Insurance Agents in Newark, NJ. They specialize in supplemental insurance. Aflac operates in Newark, NJ, and other areas.
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Turf Pros Solution
Average Salary: $62,500
Turf Pros Solution offers a good salary for Insurance Agents in Newark, NJ. They focus on insurance for turf management. The company operates in Newark, NJ, and other locations.
What are the best paying Insurance Agent related jobs in Newark, NJ?

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Actuary
Average Salary: $159,354
This role involves assessing risk and uncertainty. They work with companies to manage financial risks. Actuaries use math, statistics, and financial theory. They often work in insurance, pensions, and investments.
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Underwriter
Average Salary: $137,712
Underwriters assess risk for insurance companies. They decide if a policy should be issued. They review applications and determine the terms. Underwriters ensure the company takes on manageable risks.
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Loss Control Consultant
Average Salary: $102,232
These professionals help businesses reduce risks. They develop safety plans and training programs. They work with companies to prevent accidents and losses. They aim to lower insurance costs for clients.
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Business Analyst
Average Salary: $101,000
Business analysts study company operations. They identify areas for improvement. They work with management to implement solutions. They often focus on improving efficiency and reducing costs.
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Sales Manager
Average Salary: $80,910
Sales managers lead sales teams. They set sales goals and develop strategies. They train and motivate their team. They analyze sales data to improve performance.
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Network Contractor
Average Salary: $80,082
Network contractors install and maintain communication systems. They work with businesses to set up networks. They ensure the systems run smoothly. They troubleshoot and fix any issues.
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Financial Advisor
Average Salary: $78,157
Financial advisors help people manage their money. They provide advice on investments, savings, and retirement. They work with individuals to create financial plans. They aim to help clients achieve their financial goals.
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Insurance Analyst
Average Salary: $60,000
Insurance analysts study market trends. They assess risks for insurance companies. They analyze data to make informed decisions. They help set premiums and policies.
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Customer Service Agent
Average Salary: $41,411
Customer service agents help clients with their needs. They answer questions and solve problems. They work in various industries, including insurance. They aim to provide excellent service to customers.
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Customer Service Representative
Average Salary: $36,378
Customer service representatives assist clients with inquiries. They handle complaints and provide support. They work in many sectors, including insurance. They strive to ensure customer satisfaction.
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