Principal Broker Salary at Narver Insurance BETA

How much does a Narver Insurance Principal Broker make?

As of April 2025, the average annual salary for a Principal Broker at Narver Insurance is $241,416, which translates to approximately $116 per hour. Salaries for Principal Broker at Narver Insurance typically range from $201,996 to $289,579, 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.

Narver Insurance Overview

Website:
narver.com
Size:
<25 Employees
Revenue:
$5M - $10M
Industry:
Insurance

Narver Insurance was formed in 1954 by Dick Narver, the son of the founder of Holmes & Narver. Narver Insurance began providing insurance services by focusing on errors and omissions insurance for the construction industry. It was during this period that Narver began providing Loss Prevention consulting services to the construction industry. Originally situated in Pasadena, Narver Insurance moved to its current location in November 1999. Narver Insurance has expanded from its early beginnings to today's full service insurance brokerage. By producing a high level of professional insurance services Narver continues to provide industry leadership. Thirty years ago, Wesley Hampton, President of Narver Insurance, joined the firm and throughout the intervening years has been instrumental in the expansion of the services we provide. Currently, we serve the insurance needs of the legal community with all insurance services relating to Lawyers Professional Liability, Workers' Compensation, Directors and Officers Liability, Office Packages, Group Benefits, Employment Practices Liability, and Bonds. Narver's clients benefit from its proprietary Practice Management Seminars and consultation regarding development of Practice Management Procedures. These in-house seminars focus on group participation and a thorough discussion of the firm's practice management procedures. With periodic follow-up, we strive to improve the practice of law and mitigate claims. Through its concentration on each insurance contract and personalizing the insurance process, Narver enjoys broad support from the legal community in the Southwestern United States.

See similar companies related to Narver Insurance

What Skills Does a person Need at Narver Insurance?

At Narver 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. 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.
  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. Interpersonal Communication: Interpersonal communication skills can improve your personal and professional relationships by helping you to express your thoughts and convey your intent clearly.
  4. Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  5. Networking: Ability to maintain, build and expand a personal and business contact list to grow one's career and business opportunities.

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Check more jobs information at Narver Insurance

Job Title Average Narver Insurance Salary Hourly Rate
2 Supervisor, Unit $64,782 $31
3 Broker $86,484 $42
4 Executive Administrator $81,975 $39
5 Executive Vice President $301,034 $145
6 Producer $59,776 $29
7 Receptionist and Admin Assistant $36,702 $18
8 Account Associate $38,387 $18
9 Account Manager $75,651 $36
10 Account Manager, Commercial Lines $75,651 $36
11 Office Administrator $141,500 $68
12 President & Chief Executive Officer $791,114 $380

Hourly Pay at Narver Insurance

The average hourly pay at Narver Insurance for a Principal Broker is $116 per hour. The location, department, and job description all have an impact on the typical compensation for Narver Insurance positions. The pay range and total remuneration for the job title are shown in the table below. Narver Insurance may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $241,416 look to you?

FAQ about Salary and Jobs at Narver Insurance

1. How much does Narver Insurance pay per hour?
The average hourly pay is $116. 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 Narver Insurance?
According to the data, the highest approximate salary is about $289,579 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 Narver Insurance?
According to the data, the lowest estimated salary is about $201,996 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.