How much does an Insurance Placement Manager make in Nassau, NY? The average Insurance Placement Manager salary in Nassau, NY is $283,000 as of April 24, 2024, but the range typically falls between $233,800 and $347,000. 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 Placement Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Insurance Placement Manager Salary $189,006 Nassau,NY April 24, 2024
25th Percentile Insurance Placement Manager Salary $233,800 Nassau,NY April 24, 2024
50th Percentile Insurance Placement Manager Salary $283,000 Nassau,NY April 24, 2024
75th Percentile Insurance Placement Manager Salary $347,000 Nassau,NY April 24, 2024
90th Percentile Insurance Placement Manager Salary $405,269 Nassau,NY April 24, 2024
25% $233,800 10% $189,006 90% $405,269 75% $347,000 $283,000 50%(Median) Didn’t find job title? Click
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Job Description

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)

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Career Path for this job

  1. Down a level:

    Insurance Placement Specialist III

    7 + years experience
    Bachelor's Degree

  2. This Job:

    Insurance Placement Manager


    Bachelor's Degree

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Average Base Salary

Core compensation

 
 
 
233800
347000
283000

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
271200
434100
336600
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Placement Manager in Nassau, NY. The base salary for Insurance Placement Manager ranges from $233,800 to $347,000 with the average base salary of $283,000. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $271,200 to $434,100 with the average total cash compensation of $336,600.
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233800
347000

 

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About Nassau, New York    Nassau, the name of several places in New York State, may refer to: Nassau (village), New York Nassau (town), New York Nassau County, New York Nassau ....More

Nassau, New York  area prices were up 1.5% from a year ago    View the Cost of Living in Nassau, New York

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