This occupation has an extremely high probability of automation.

92.0% probability

of automation

9.7% growth

projected to 2026

501,400 employed

currently in the US

$67,760 annual wage

US, median ($32.58 hourly)

What they do

Sell life, property, casualty, health, automotive, or other types of insurance. May refer clients to independent brokers, work as an independent broker, or be employed by an insurance company.

Risk of automation

This occupation is 92.0% likely to be automated. It ranks 565 of 702 occupations analyzed (higher rank means higher likelihood).

People affected and economic value

In the US, 501,400 people have this job. They earn $67,760 per year on average (the mean annual wage). The occupation therefore represents $33,974,864,000 in annual economic value. The mean hourly wage for this occupation is $32.58.

Official growth forecast

This occupation is projected to grow 9.7% between 2016 and 2026. At this rate, there would be 550,000 people with this job at that time.

References and notes

This article uses data from "The Future of Employment" (PDF), a 2013 study from University of Oxford researchers, and US Bureau of Labor Statistics files including Standard Occupational Classification 2010 Definitions (XLS), May 2016 Occupational Employment Statistics (zip) and 2016-2026 Employment Projections (XLS).