Education Requirements for Insurance Agent

Although it is only mandatory to hold a high school diploma (or equivalent) to be an insurance agent about one third of agents also hold a bachelors degree in either a commerce or business related subject. Holding a higher level degree will increase your employability. Public speaking experience is another thing the employers look for because it usually indicates good people skills which is very important when meeting with clients. If you are looking for a more managerial position it is good to have either an education in business or managerial experience.

Constantly changing tax laws, government regulations and benefits means that agents must continually educate themselves or take courses to keep up to date on the changing environment. Also because understanding most policies requires a lot of technical and legal jargon, employers look for individuals who have a firm grasp on their understanding of the terminology.

Agents in all states are also required to hold a licence. Licences may vary depending on the state in which you work and the kind of insurance you indent to sell. Each state requires separate licences for health/life insurance and property/casualty insurance. Obtaining a license involves taking a course with an exam on the topic of insurance fundamentals and state insurance laws. Most licensing authorities require licence holders to take a re-certification exam every two years to make sure you information is up to date.


As there is a growing demand for financial planning services many agents also acquire licences to sell securities and financial products (stocks, shares and mutual funds). Obtaining such a licence requires passing a national Series 6 or Series 7 exam from the Financial Industry Regularity Authority (FINRA).

Other important qualities that my effect your employability are Analytical Skills, Customer Service Skills, Initiative, self-confidence and multilingualism (this will give you a wider customer base).