Chief Insurance Agency Executive Salary in Richmond, Virginia

Chief Insurance Agency Executive Salary in Richmond, VA

How much does a Chief Insurance Agency Executive make in Richmond, VA? The average Chief Insurance Agency Executive salary in Richmond, VA is $247,300 as of March 26, 2024, but the range typically falls between $205,700 and $348,700. 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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Chief Insurance Agency Executive Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Chief Insurance Agency Executive Salary $167,825 Richmond,VA March 26, 2024
25th Percentile Chief Insurance Agency Executive Salary $205,700 Richmond,VA March 26, 2024
50th Percentile Chief Insurance Agency Executive Salary $247,300 Richmond,VA March 26, 2024
75th Percentile Chief Insurance Agency Executive Salary $348,700 Richmond,VA March 26, 2024
90th Percentile Chief Insurance Agency Executive Salary $441,019 Richmond,VA March 26, 2024
25% $205,700 10% $167,825 90% $441,019 75% $348,700 $247,300 50%(Median) Didn’t find job title? Click
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Job Description

The Chief Insurance Agency Executive designs, develops, and implements policies for the business lines within the agencies. Plans and directs all aspects of sales and distribution programs for the individual line of business through agencies. Being a Chief Insurance Agency Executive sets and monitors sales goals, coordinates with independent agencies, and supervises sales support staff. Ensures the agencies meet budgeted financial goals in coordination with sales. In addition, Chief Insurance Agency Executive requires a bachelor's degree. Typically reports to an executive. The Chief Insurance Agency Executive manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Comprehensive knowledge of the overall departmental function. Working as a Chief Insurance Agency Executive typically requires 8+ years of managerial experience. (Copyright 2024 Salary.com)

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Job Openings for Chief Insurance Agency Executive in Richmond, VA

Career Path for this job

  1. Down a level:

    Insurance Agency Regional Director


    Bachelor's Degree

  2. This Job:

    Chief Insurance Agency Executive


    Bachelor's Degree

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Understand the total compensation opportunity for a Chief Insurance Agency Executive, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
205700
348700
247300

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
239300
741900
329300
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Chief Insurance Agency Executive in Richmond, VA. The base salary for Chief Insurance Agency Executive ranges from $205,700 to $348,700 with the average base salary of $247,300. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $239,300 to $741,900 with the average total cash compensation of $329,300.
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205700
348700

 

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About Richmond, Virginia    Richmond (/ˈrɪtʃmənd/) is the capital of the Commonwealth of Virginia in the United States. It is the center of the Richmond Metropolitan Statistical ....More

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

Chief Insurance Agency Executive Salary in popular cities: Virginia Beach, Norfolk, Chesapeake

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