How much does an Insurance Placement Manager make in Yonkers, NY? The average Insurance Placement Manager salary in Yonkers, NY is $297,700 as of May 28, 2024, but the range typically falls between $245,900 and $365,000. 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 $198,739 Yonkers,NY May 28, 2024
25th Percentile Insurance Placement Manager Salary $245,900 Yonkers,NY May 28, 2024
50th Percentile Insurance Placement Manager Salary $297,700 Yonkers,NY May 28, 2024
75th Percentile Insurance Placement Manager Salary $365,000 Yonkers,NY May 28, 2024
90th Percentile Insurance Placement Manager Salary $426,273 Yonkers,NY May 28, 2024
25% $245,900 10% $198,739 90% $426,273 75% $365,000 $297,700 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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Job Openings for Insurance Placement Manager in Yonkers, NY
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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

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245900
365000
297700

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
285200
456600
354000
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 Yonkers, NY. The base salary for Insurance Placement Manager ranges from $245,900 to $365,000 with the average base salary of $297,700. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $285,200 to $456,600 with the average total cash compensation of $354,000.
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245900
365000

 

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About Yonkers, New York    Yonkers (/ˈjɒŋkərz/) is a city in Westchester County, New York. It is the fourth most populous city in the U.S. state of New York, behind New York Cit....More

Yonkers, New York  area prices were up 1.6% from a year ago    View the Cost of Living in Yonkers, New York

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