How much does a Branch Manager - Insurance make in Chicago, IL? The average Branch Manager - Insurance salary in Chicago, IL is $130,166 as of November 23, 2022, but the range typically falls between $106,510 and $156,434. 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. 

Recently searched related titles: Servicenow Architect

Based on HR-reported data: a national average with a geographic differential
25% $106,510 10% $84,972 90% $180,350 75% $156,434 $130,166 50%(Median)
Change Search Criteria
Check out Branch Manager - Insurance jobs in Chicago, Illinois

Branch Manager

World Finance - Chicago, IL

Branch Manager (Trucking Industry)

Simplex Group - Chicago, IL

Branch Manager

LKQ - Alsip, IL

Job Description for Branch Manager - Insurance

Branch Manager - Insurance 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. Hires, trains, and monitors the performance of new insurance agents. Being a Branch Manager - Insurance provides updates to the regional manager regarding operating results, insurance trends, and competitor methods. May provide guidance on more complex issues. Additionally, Branch Manager - Insurance develops new business through selling and marketing activities. Requires a bachelor's degree. Typically reports to the regional manager. The Branch Manager - Insurance 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. To be a Branch Manager - Insurance typically requires 3+ years of managerial experience. (Copyright 2022 Salary.com)... View full job description

Employers: Job Description Management Tool

See user submitted job responsibilities for Branch Manager - Insurance.

Job Openings for Branch Manager - Insurance in Chicago, IL

Career Path for Branch Manager - Insurance

Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC holds more than 200 investments in 28 states with 29 operating... More
Fiscal Year Ended in 2021
Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.6%
City, State Chicago, IL Compared to national average
+ 6.1%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 20.3%
City, State Dallas, TX Compared to national average
-0.7%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Branch Manager - Insurance, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
106510
156434
130166

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
116649
189364
146933
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Branch Manager - Insurance in Chicago, IL. The base salary for Branch Manager - Insurance ranges from $106,510 to $156,434 with the average base salary of $130,166. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $116,649 to $189,364 with the average total cash compensation of $146,933.
Step 2 of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

106510
156434

 

Step 3 of 3

How much should you be paid?

About Chicago, Illinois    Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois  area prices were up 0.8% from a year ago    View the Cost of Living in Chicago, Illinois

Branch Manager - Insurance Salary in popular cities: AuroraRockfordJoliet

Skills associated with Branch Manager - Insurance: Insurance Products, Sales and Operations Planning, Partner Relationship Management, Insurance Agency Management Software ...More

Salary estimation for Branch Manager - Insurance at companies like : FS Bancorp, Inc., LTC PROPERTIES INC, SILVERCREST ASSET MGT

Jobs with a similar salary range to Branch Manager - Insurance : Senior Engagement Manager, Practice Lead