Insurance Broker Executive Salary in Tontitown, Arkansas

Insurance Broker Executive Salary in Tontitown, AR

How much does an Insurance Broker Executive make in Tontitown, AR? The average Insurance Broker Executive salary in Tontitown, AR is $234,985 as of April 24, 2024, but the range typically falls between $194,138 and $288,156. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

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Insurance Broker Executive Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Insurance Broker Executive Salary $156,949 Tontitown,AR April 24, 2024
25th Percentile Insurance Broker Executive Salary $194,138 Tontitown,AR April 24, 2024
50th Percentile Insurance Broker Executive Salary $234,985 Tontitown,AR April 24, 2024
75th Percentile Insurance Broker Executive Salary $288,156 Tontitown,AR April 24, 2024
90th Percentile Insurance Broker Executive Salary $336,566 Tontitown,AR April 24, 2024
25% $194,138 10% $156,949 90% $336,566 75% $288,156 $234,985 50%(Median) Didn’t find job title? Click
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Check out Insurance Broker Executive Job Openings in Tontitown, Arkansas

Remote - Insurance Broker

Thompson Agency - Little Rock, AR

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Executive Broker

Coldwell Banker Harris McHaney & Faucette Real Estate - Rogers, AR

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Freight Broker

NAPA TRANSPORTATION, INC. - Mechanicsburg, PA

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Regional Broker Manager (RBM)

Haleon - Warren, NJ

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What skills does an Insurance Broker Executive need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Presentation: Presentation conveys information from a speaker to an audience. Presentations are typically demonstrations, introduction, lecture, or speech meant to inform, persuade, inspire, motivate, build goodwill, or present a new idea/product.

2.

Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.

3.

Customer Contact: Customer Contact is the process of handling a query of the customer before, during, and after the purchase of any product or service.

See More Skills
Presentation 4.95%
Futures 2.57%
Customer Contact 1.47%
Others 91.01%

Job Description for Insurance Broker Executive

Insurance Broker Executive directs the marketing of customer business to different insurance carriers to obtain quotes based on an evaluation and analysis of the customer's insurance needs and requirements. Leads team to obtain and negotiate quotes from different carriers, meet profitability targets, drive customer satisfaction and retention. Being an Insurance Broker Executive ensures efficient operational processes. May lead the most complex accounts and deals. Additionally, Insurance Broker Executive has deep knowledge of complex insurance products and multiple lines such as commercial property & casualty, employee benefits, and others. Requires insurance licensing. May also require professional credentials such as CPCU (Chartered Property Casualty Underwriter), CIC (Certified Insurance Counselor), or ARM (Associate in Risk Management). Requires a bachelor's degree. Typically reports to senior management. The Insurance Broker Executive typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be an Insurance Broker Executive typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Insurance Broker Executive in Tontitown, AR
  • Thompson Agency - Little Rock, AR
    Job Description. Job Description. MUST HAVE. Ready to start. IMMEDIATELY. WINNERS. Mindset. Self-Motivated. HUNGRY TO WIN. Goal Oriented. Believer in Self-...
    - 3 Days Ago
  • Coldwell Banker Harris McHaney & Faucette Real Estate - Rogers, AR
    Job Description. Job Description. NOW HIRING. The Executive Broker is responsible for overseeing all aspects of real estate transactions and agent manageme...
    - 3 Days Ago
  • NAPA TRANSPORTATION, INC. - Mechanicsburg, PA
    Freight Brokerage Position with UNCAPPED BONUS POTENTIAL. The Freight Broker is responsible for executing daily freight assignments within designated regio...
    - 2 Months Ago
  • Haleon - Warren, NJ
    Hello. We’re Haleon. A new world-leading consumer health company. Shaped by all who join us. Together, we’re improving everyday health for billions of peop...
    - 4 Days Ago
  • Aleut Federal LLC - Paducah, KY
    Position Overview: Aleut Environmental Remediation is seeking a Radioactive and Hazardous Waste Shipper - Broker to join our team to support multiple proje...
    - 2 Days Ago
Those that have already made the climb...
Ebrahim Busheri, Director of Investments
MANNING & NAPIER INC
Manning & Napier, Inc. is publicly owned investment manager. It provides its services to net worth individuals and institutions, including 401(k) plans, pension plans, taft-hartley plans, endowments and foundations. The firm manages separate client-focused equity and fixed income portfolios. It invests in the public eq... More
Fiscal Year Ended in 2021
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Insurance Broker Executive Pay Difference by Location

Insurance Broker Executive salary varies from city to city. Compared with national average salary of Insurance Broker Executive, the highest Insurance Broker Executive salary is in San Francisco, CA, where the Insurance Broker Executive salary is 25.0% above. The lowest Insurance Broker Executive salary is in Miami, FL, where the Insurance Broker Executive salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

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Understand the total compensation opportunity for an Insurance Broker Executive, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
194138
288156
234985

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
225137
360481
279496
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Broker Executive in Tontitown, AR. The base salary for Insurance Broker Executive ranges from $194,138 to $288,156 with the average base salary of $234,985. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $225,137 to $360,481 with the average total cash compensation of $279,496.
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194138
288156

 

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About Tontitown, Arkansas    Tontitown is a city in Washington County, Arkansas, United States. The community is located in the Ozark Mountains and was founded by Italian settlers....More

Tontitown, Arkansas  area prices were up 1.2% from a year ago    View the Cost of Living in Tontitown, Arkansas

Insurance Broker Executive Salary in popular cities: Little Rock, Fort Smith, Fayetteville

Skills associated with Insurance Broker Executive: Operations Management, Insurance Products, Partner Relationship Management, Account Management ...More

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