Managing Broker Salary at 235 Insurance BETA

How much does a 235 Insurance Managing Broker make?

As of April 2025, the average annual salary for a Managing Broker at 235 Insurance is $210,122, which translates to approximately $101 per hour. Salaries for Managing Broker at 235 Insurance typically range from $171,264 to $256,896, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

235 Insurance Overview

Website:
235insurance.com
Size:
<25 Employees
Revenue:
<$5M
Industry:
Insurance

235 Insurance founded in 2015 in Chicago, IL, specializes in all matters of real estate insurance, business insurance, and personal lines products, and acts as a preferred vendor with many real estate lenders and service professionals.

See similar companies related to 235 Insurance

What Skills Does a person Need at 235 Insurance?

At 235 Insurance, specify the abilities and skills that a person needs in order to carry out the specified job duties. 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. Life insurance: Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period
  2. Insurance Sales: Insurance sales involves selling various types of insurance to customers, including home, life, health and auto insurance. Primary goal is to get information about clients' needs and match them with insurance policies they offer.
  3. SQL: Structured Query Language) is a domain-specific language used in programming and designed for managing data held in a relational database management system (RDBMS), or for stream processing in a relational data stream management system (RDSMS).
  4. Cold Calling: Cold calling is the solicitation of business from potential customers who have had no prior contact with the salesperson conducting the call. It is an attempt to convince potential customers to purchase either the salesperson's product or service. Generally, it is referred as an over-the-phone process, making it a source of telemarketing, but can also be done in-person by door-to-door salespeople. Though cold calling can be used as a legitimate business tool, scammers can use cold calling as well.
  5. 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.

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Check more jobs information at 235 Insurance

Job Title Average 235 Insurance Salary Hourly Rate
2 Insurance Broker $82,280 $40
3 Account Coordinator $94,144 $45
4 Operations Executive $286,400 $138

Hourly Pay at 235 Insurance

The average hourly pay at 235 Insurance for a Managing Broker is $101 per hour. The location, department, and job description all have an impact on the typical compensation for 235 Insurance positions. The pay range and total remuneration for the job title are shown in the table below. 235 Insurance may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $210,122 look to you?

FAQ about Salary and Jobs at 235 Insurance

1. How much does 235 Insurance pay per hour?
The average hourly pay is $101. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at 235 Insurance?
According to the data, the highest approximate salary is about $256,896 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at 235 Insurance?
According to the data, the lowest estimated salary is about $171,264 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.