Insurance Broker Executive Salary in Albion, Rhode Island
Insurance Broker Executive Salary in Albion, RI
How much does an Insurance Broker Executive make in Albion, RI? The average Insurance Broker Executive salary in Albion, RI is $270,581 as of April 24, 2024, but the range typically falls between $223,547 and $331,807. 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 Broker Executive Salary | $180,724 | Albion,RI | April 24, 2024 |
| 25th Percentile Insurance Broker Executive Salary | $223,547 | Albion,RI | April 24, 2024 |
| 50th Percentile Insurance Broker Executive Salary | $270,581 | Albion,RI | April 24, 2024 |
| 75th Percentile Insurance Broker Executive Salary | $331,807 | Albion,RI | April 24, 2024 |
| 90th Percentile Insurance Broker Executive Salary | $387,550 | Albion,RI | April 24, 2024 |
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What skills does an Insurance Broker Executive need?
Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Presentation: Presentation conveys information from a speaker to an audience. Presentations are typically demonstrations, introduction, lecture, or speech meant to inform, persuade, inspire, motivate, build goodwill, or present a new idea/product.
Customer Contact: Customer Contact is the process of handling a query of the customer before, during, and after the purchase of any product or service.
Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
Job Description for Insurance Broker Executive
Insurance Broker Executive 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. Leads team to obtain and negotiate quotes from different carriers, meet profitability targets, drive customer satisfaction and retention. Being an Insurance Broker Executive ensures efficient operational processes. May lead the most complex accounts and deals. Additionally, Insurance Broker Executive has deep knowledge of complex insurance products and multiple lines such as commercial property & casualty, employee benefits, and others. 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). Requires a bachelor's degree. Typically reports to senior management. The Insurance Broker Executive 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. To be an Insurance Broker Executive 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)... View full job description
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Brown Agency - East Providence, RIJob Description. Job Description. Job Details. The Brown Agency is looking for Independent Insurance Broker to sell our products and services to existing a...- 1 Day Ago
What does an Insurance Broker Executive do?
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Insurance Broker Executive Pay Difference by Location
Insurance Broker Executive salary varies from city to city. Compared with national average salary of Insurance Broker Executive, the highest Insurance Broker Executive salary is in San Francisco, CA, where the Insurance Broker Executive salary is 25.0% above. The lowest Insurance Broker Executive salary is in Miami, FL, where the Insurance Broker Executive salary is 3.5% lower than national average salary.
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About Albion, Rhode Island
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Level of Education for Insurance Broker Executive
Jobs with different levels of education may pay very differently. Check the Insurance Broker Executive salary of your education level.
- Insurance Broker Executive Salaries with No Diploma
- Insurance Broker Executive Salaries with a High School Diploma or Technical Certificate
- Insurance Broker Executive Salaries with an Associate's Degree
- Insurance Broker Executive Salaries with a Bachelor's Degree
- Insurance Broker Executive Salaries with a Master's Degree or MBA
- Insurance Broker Executive Salaries with a JD, MD, PhD or Equivalent
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About Albion, Rhode Island Albion is a village and historic district in Lincoln, Rhode Island, in the United States. Albion is home to several mill buildings, churches, and the ....More
Albion, Rhode Island area prices were up 1.6% from a year ago View the Cost of Living in Albion, Rhode Island
Insurance Broker Executive Salary in popular cities: Providence, Warwick, Cranston
Skills associated with Insurance Broker Executive: Operations Management, Insurance Products, Partner Relationship Management, Account Management ...More
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