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How much does a Insurance Agency Branch Manager make in the United States? The average Insurance Agency Branch Manager salary in the United States is $127,600 as of March 26, 2024, but the range typically falls between $104,400 and $153,400. 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.

Insurance Agency Branch Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Insurance Agency Branch Manager Salary $83,278 US March 26, 2024
25th Percentile Insurance Agency Branch Manager Salary $104,400 US March 26, 2024
50th Percentile Insurance Agency Branch Manager Salary $127,600 US March 26, 2024
75th Percentile Insurance Agency Branch Manager Salary $153,400 US March 26, 2024
90th Percentile Insurance Agency Branch Manager Salary $176,890 US March 26, 2024
25% $104,400 10% $83,278 90% $176,890 75% $153,400 $127,600 50%(Median) Didn’t find job title? Click
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Job Description

The Insurance Agency Branch Manager hires, trains, and monitors the performance of new insurance agents. Manages the daily activities of the branch office, with duties such as insurance claim processing (home, auto, life, mortgage, etc.), marketing, auditing, loss prevention, and underwriting. Being an Insurance Agency Branch Manager may provide guidance on more complex issues. Provides updates to the regional manager regarding operating results, insurance trends, and competitor methods. In addition, Insurance Agency Branch Manager develops new business through selling and marketing activities. Requires a bachelor's degree. Typically reports to the regional manager. The Insurance Agency Branch Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. Working as an Insurance Agency Branch Manager typically requires 3+ years of managerial experience. (Copyright 2024 Salary.com)

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Average Base Salary

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104400
153400
127600

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
114400
185600
144000
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Agency Branch Manager in the United States. The base salary for Insurance Agency Branch Manager ranges from $104,400 to $153,400 with the average base salary of $127,600. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $114,400 to $185,600 with the average total cash compensation of $144,000.
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104400
153400

 

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