Producer Salary at Richardson Insurance Group Llc BETA

How much does a Richardson Insurance Group Llc Producer make?

As of March 2025, the average annual salary for a Producer at Richardson Insurance Group Llc is $53,533, which translates to approximately $26 per hour. Salaries for Producer at Richardson Insurance Group Llc typically range from $47,362 to $60,431, 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.

Richardson Insurance Group LLC Overview

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

Richardson Insurance Group LLC offers personal, business, and employee benefits coverage in Hunt Valley, MD and along the east coast. Specialties: Oil/Gas

See similar companies related to Richardson Insurance Group Llc

What Skills Does a person Need at Richardson Insurance Group Llc?

At Richardson Insurance Group Llc, 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. Project Management: Project management is the application of processes, methods, skills, knowledge and experience to achieve specific project objectives according to the project acceptance criteria within agreed parameters. Project management has final deliverables that are constrained to a finite timescale and budget.
  4. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  5. 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.

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Check more jobs information at Richardson Insurance Group Llc

Job Title Average Richardson Insurance Group Llc Salary Hourly Rate
2 Managing Director $708,484 $341
3 Bond Manager $107,696 $52
4 Account Manager $67,749 $33

Hourly Pay at Richardson Insurance Group Llc

The average hourly pay at Richardson Insurance Group Llc for a Producer is $26 per hour. The location, department, and job description all have an impact on the typical compensation for Richardson Insurance Group Llc positions. The pay range and total remuneration for the job title are shown in the table below. Richardson Insurance Group Llc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $53,533 look to you?

FAQ about Salary and Jobs at Richardson Insurance Group Llc

1. How much does Richardson Insurance Group Llc pay per hour?
The average hourly pay is $26. 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 Richardson Insurance Group Llc?
According to the data, the highest approximate salary is about $60,431 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 Richardson Insurance Group Llc?
According to the data, the lowest estimated salary is about $47,362 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.