How much does a Insurance Agent make in Providence, RI?
In Providence, RI, an insurance agent can earn a solid income. The average yearly salary for insurance agents in the area stands at $79,372. This figure provides a strong foundation for those looking to pursue a career in this field. Different factors, like experience and specific skills, can affect the exact salary an individual earns.
The range of salaries for insurance agents in Providence, RI, varies widely. The bottom 10% of earners make around $38,480 each year, while the top 10% can make $125,000 or more annually. Most agents fall somewhere in between these figures, with many earning between $46,345 and $93,538 per year. This range allows for growth and advancement within the career, encouraging ongoing development and skill enhancement.
What are the highest paying cities for a Insurance Agent near Providence, RI?
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Newport, RI
Average Salary: $104,375
Working as an insurance agent in Newport offers a mix of traditional charm and modern opportunities. The area is known for its vibrant community and welcoming residents. Local companies like Newport Insurance Services and Seabury & Smith Insurance value knowledgeable and dedicated agents.
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West Warwick, RI
Average Salary: $100,000
In West Warwick, insurance agents enjoy a diverse market with many local businesses seeking reliable coverage options. Companies like State Farm and Allstate provide solid platforms for growth. The community’s strong spirit supports a collaborative work environment.
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Pawtucket, RI
Average Salary: $86,875
Pawtucket offers a bustling insurance market with a variety of clients needing personalized solutions. Working with firms like Liberty Mutual and Farmers Insurance allows agents to build strong, lasting relationships. The city’s dynamic atmosphere provides many opportunities for professional development.
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Boston, MA
Average Salary: $82,726
Boston presents a fast-paced and competitive environment for insurance agents. The city's diverse market demands innovative approaches and strong negotiation skills. Major companies like Liberty Mutual and Massachusetts Mutual Insurance Company offer extensive resources and training.
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Cranston, RI
Average Salary: $82,367
Cranston's insurance market is rich with opportunities for growth and client interaction. Local agencies like Allstate and Nationwide provide solid support. The community-focused approach here makes it easy to connect with clients on a personal level.
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Warwick, RI
Average Salary: $78,781
Warwick offers a balanced mix of urban and suburban settings, providing a versatile market for insurance professionals. Companies like USAA and Cigna offer great platforms for agents to thrive. The area’s friendly and inclusive atmosphere makes it a great place to work.
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Brockton, MA
Average Salary: $74,544
Brockton provides a supportive and engaging environment for insurance agents. The close-knit community allows for strong client relationships. Local firms like Liberty Mutual and State Farm value dedicated professionals who can meet the area’s needs.
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New Bedford, MA
Average Salary: $74,375
New Bedford offers a diverse insurance market with a focus on community and personal connections. Working with local companies like Allstate and MassMutual allows agents to build long-term relationships. The welcoming atmosphere of New Bedford supports a positive work environment.
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East Providence, RI
Average Salary: $70,535
In East Providence, insurance agents find a supportive community with a mix of urban and suburban clients. Companies like State Farm and Allstate provide valuable resources and training. The area’s diverse market offers many opportunities for growth and development.
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Mansfield, MA
Average Salary: $68,542
Mansfield offers a friendly and professional environment for insurance agents. The community’s strong support allows agents to build lasting client relationships. Working with local firms like Liberty Mutual and Geico provides solid support and resources.
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What are the best paying companies for a Insurance Agent in Providence, RI?
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Allstate Insurance
Average Salary: $92,150
Allstate Insurance offers competitive salaries for Insurance Agents in Providence, RI. They provide a comprehensive benefits package and opportunities for career growth. Allstate operates in many locations across the United States.
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Cedar Valley Exteriors
Average Salary: $90,000
Cedar Valley Exteriors pays its Insurance Agents well, with an average salary of $90,000 in Providence, RI. They focus on customer satisfaction and professional development. This company specializes in home exterior services and operates in various locations.
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New York Life
Average Salary: $85,385
New York Life offers Insurance Agents in Providence, RI an average salary of $85,385. They provide robust training and support. New York Life is one of the oldest and largest mutual insurance companies in the U.S., with offices across the country.
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Comparion Insurance Agency
Average Salary: $71,429
Comparion Insurance Agency provides Insurance Agents in Providence, RI with an average salary of $71,429. They focus on a supportive work environment and continuous learning. The agency offers a range of insurance solutions and operates in multiple locations.
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Bankers Life
Average Salary: $63,000
Bankers Life pays Insurance Agents in Providence, RI an average salary of $63,000. They emphasize a balanced work-life approach and professional development. Bankers Life is part of CNO Financial Group and operates in various states.
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AAA Northeast
Average Salary: $56,307
AAA Northeast offers Insurance Agents in Providence, RI an average salary of $56,307. They provide a supportive community and opportunities for advancement. AAA Northeast is a regional provider of auto and travel services.
What are the best paying Insurance Agent related jobs in Providence, RI?
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Underwriter
Average Salary: $106,867
Underwriters assess the risk of potential insurance clients. They analyze data to determine if someone is a good candidate for coverage. Many work with big companies like Nationwide or local firms in the city.
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Loss Control Consultant
Average Salary: $86,550
Loss control consultants help businesses lower their risk of accidents. They give advice on safety measures and policies. Companies like Travelers and local businesses hire these professionals.
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Sales Manager
Average Salary: $85,775
Sales managers lead a team of salespeople. They set goals and help the team meet their targets. They often work for insurance firms in the area, such as Allstate and local brokerages.
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Financial Advisor
Average Salary: $85,643
Financial advisors help people plan for their financial future. They offer advice on investments and insurance. Many work with firms like Fidelity or Edward Jones in Providence.
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Business Analyst
Average Salary: $85,508
Business analysts study an organization’s processes to find ways to improve them. They often work in insurance companies like Metlife and local agencies to enhance efficiency.
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Insurance Analyst
Average Salary: $67,809
Insurance analysts review data to help set policies and rates. They look at trends and market conditions. These roles are available with companies like Cigna and local insurance firms.
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Customer Service Representative
Average Salary: $42,044
Customer service reps assist clients with questions and concerns. They often handle calls and emails. Many work for major insurers like State Farm or local offices.
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Customer Service Agent
Average Salary: $41,538
Customer service agents provide support to clients. They help resolve issues and answer questions. Positions can be found with companies like Liberty Mutual or smaller local firms.
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