How much does an Insurance Placement Manager make in the United States? The average Insurance Placement Manager salary in the United States is $257,000 as of February 26, 2024, but the range typically falls between $212,300 and $315,100. 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.
Percentile | Salary | Location | Last Updated |
10th Percentile Insurance Placement Manager Salary | $171,603 | US | February 26, 2024 |
25th Percentile Insurance Placement Manager Salary | $212,300 | US | February 26, 2024 |
50th Percentile Insurance Placement Manager Salary | $257,000 | US | February 26, 2024 |
75th Percentile Insurance Placement Manager Salary | $315,100 | US | February 26, 2024 |
90th Percentile Insurance Placement Manager Salary | $367,997 | US | February 26, 2024 |
540 - Arlington, VA
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The Insurance Placement Manager leads team to obtain and negotiate quotes from different carriers, meet profitability targets, drive customer satisfaction and retention. Directs the marketing of customer business to different insurance carriers to obtain quotes based on an evaluation and analysis of the customer's insurance needs and requirements. Being an Insurance Placement Manager may lead the most complex accounts and deals. Ensures efficient operational processes. In addition, Insurance Placement Manager has deep knowledge of complex insurance products and multiple lines such as commercial property & casualty, employee benefits, and others. Requires a bachelor's degree. Requires insurance licensing. May also require professional credentials such as CPCU (Chartered Property Casualty Underwriter), CIC (Certified Insurance Counselor), or ARM (Associate in Risk Management).Typically reports to senior management. The Insurance Placement 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. Working as an Insurance Placement Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)
7 + years experience
Bachelor's Degree
Bachelor's Degree
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