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Hourly Wage for Insurance Placement Trainee Salary in the United States

Hourly Wage for Insurance Placement Trainee Salary

How much does an Insurance Placement Trainee make hourly in the United States? The average hourly wage for an Insurance Placement Trainee in the United States is $34 as of March 26, 2024, but the range typically falls between $31 and $38. Hourly rate 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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Insurance Placement Trainee Salaries by Percentile
Percentile Hourly Pay Rate Location Last Updated
10th Percentile Insurance Placement Trainee Salary $28 US March 26, 2024
25th Percentile Insurance Placement Trainee Salary $31 US March 26, 2024
50th Percentile Insurance Placement Trainee Salary $34 US March 26, 2024
75th Percentile Insurance Placement Trainee Salary $38 US March 26, 2024
90th Percentile Insurance Placement Trainee Salary $41 US March 26, 2024
25% $31 10% $28 90% $41 75% $38 $34 50%(Median) Didn’t find job title? Click
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Job Description

The Insurance Placement Trainee assists with account servicing and renewals of existing insurance business. Participates in career training program to learn insurance brokerage and placement. Being an Insurance Placement Trainee collects, prepares, and processes data required to maintain and service accounts. Supports brokers in the marketing of customer business to different insurance carriers to obtain quotes. In addition, Insurance Placement Trainee requires a bachelor's degree. Typically reports to a supervisor or manager. Being an Insurance Placement Trainee work is closely managed. Works on projects/matters of limited complexity in a support role. Working as an Insurance Placement Trainee typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

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Career Path for this job

  1. This Job:

    Insurance Placement Trainee

    0 - 2 years experience
    Bachelor's Degree

  2. Up a level:

    Insurance Placement Specialist I

    2 - 4 years experience
    Bachelor's Degree

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Understand the total hourly compensation opportunity for an Insurance Placement Trainee, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
31
38
34

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
31
38
35
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Insurance Placement Trainee in the United States. The average hourly rate for Insurance Placement Trainee ranges from $31 to $38 with the average hourly pay of $34. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $31 to $38 with the average total hourly cash compensation of $35.
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For a real-time salary target, tell us more about your role in the four categories below.

31
38

 

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