Manager, Business Development Salary at 7 Insurance BETA

How much does a 7 Insurance Manager, Business Development make?

As of December 2024, the average annual salary for a Manager, Business Development at 7 Insurance is $103,686, which translates to approximately $50 per hour. Salaries for Manager, Business Development at 7 Insurance typically range from $91,031 to $116,519, 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.

7 Insurance Overview

Website:
7.coop
Size:
<25 Employees
Revenue:
$5M - $10M
Industry:
Insurance

Additionally, our agents are not commissioned based, so you can be assured you are being provided the insurance coverage that suits your individual needs. "It's a 'win-win' situation," said Colin Anderson, CEO at ORNL Federal Credit Union. "Our credit unions are intimately tied to insurance companies already for the protection of collateral assets such as homes, cars, boats, etc., so we saw the opportunity to form our own agency with the goal of giving our members options when choosing the right coverage for them." "Forming our own insurance agency allows us to ensure our members get the absolute best coverage at the best possible price," said Y-12 CEO Mark Ziegler. "It is just another example of how we are stretching our organizations to improve our members' financial lives." Home

See similar companies related to 7 Insurance

What Skills Does a person Need at 7 Insurance?

At 7 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. Business Development: Business development entails tasks and processes to develop and implement growth opportunities within and between organizations. It is a subset of the fields of business, commerce and organizational theory. Business development is the creation of long-term value for an organization from customers, markets, and relationships. Business development can be taken to mean any activity by either a small or large organization, non-profit or for-profit enterprise which serves the purpose of ‘developing’ the business in some way. In addition, business development activities can be done internally or externally by a business development consultant. External business development can be facilitated through Planning Systems, which are put in place by governments to help small businesses. In addition, reputation building has also proven to help facilitate business development.
  2. 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.
  3. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  4. Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.
  5. Initiative: Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.

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Check more jobs information at 7 Insurance

Job Title Average 7 Insurance Salary Hourly Rate
2 Junior Mortgage Loan Coordinator $43,629 $21
3 President & Chief Executive Officer $640,142 $308
4 Mortgage Coordinator $102,882 $49
5 Mortgage Loan Coordinator $33,519 $16
6 Mortgage Processing Supervisor $61,702 $30
7 Partner Mortgage Loan Officer $37,155 $18
8 President $640,142 $308
9 Property & Casualty Insurance Agent $69,980 $34
10 Supervisor Mortgage Processing $76,325 $37
11 Closing Agent $77,932 $37
12 Insurance Specialist II $35,460 $17

Hourly Pay at 7 Insurance

The average hourly pay at 7 Insurance for a Manager, Business Development is $50 per hour. The location, department, and job description all have an impact on the typical compensation for 7 Insurance positions. The pay range and total remuneration for the job title are shown in the table below. 7 Insurance may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $103,686 look to you?

FAQ about Salary and Jobs at 7 Insurance

1. How much does 7 Insurance pay per hour?
The average hourly pay is $50. 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 7 Insurance?
According to the data, the highest approximate salary is about $116,519 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 7 Insurance?
According to the data, the lowest estimated salary is about $91,031 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.