Insurance Broker Executive Salary in Byron, Nebraska

Insurance Broker Executive Salary in Byron, NE

How much does an Insurance Broker Executive make in Byron, NE? The average Insurance Broker Executive salary in Byron, NE is $237,892 as of May 28, 2024, but the range typically falls between $196,540 and $291,719. 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. 

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Insurance Broker Executive Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Insurance Broker Executive Salary $158,890 Byron,NE May 28, 2024
25th Percentile Insurance Broker Executive Salary $196,540 Byron,NE May 28, 2024
50th Percentile Insurance Broker Executive Salary $237,892 Byron,NE May 28, 2024
75th Percentile Insurance Broker Executive Salary $291,719 Byron,NE May 28, 2024
90th Percentile Insurance Broker Executive Salary $340,725 Byron,NE May 28, 2024
25% $196,540 10% $158,890 90% $340,725 75% $291,719 $237,892 50%(Median) Didn’t find job title? Click
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Check out Insurance Broker Executive Job Openings in Byron, Nebraska

Broker/Producer for Wholesale Insurance

Novatae Risk Group - Omaha, NE

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Life Insurance Agent/Broker (Remote)

Mitchell Agency - Omaha, NE

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Life Insurance Agent/Broker (Remote)

Mitchell Agency - Grand Island, NE

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Executive Director, RN

Affinity Hospice - Florence, AL

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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.

1.

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.

2.

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.

3.

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.

See More Skills
Presentation 4.95%
Futures 2.57%
Customer Contact 1.47%
Others 91.01%

What Should I Pay?

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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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Job Openings for Insurance Broker Executive in Byron, NE
  • Novatae Risk Group - Omaha, NE
    Novatae Risk Group. is a national wholesale/brokerage for hard to place commercial insurance coverages. We are seeking experienced commercial Excess &Surpl...
    - 3 Days Ago
  • Mitchell Agency - Omaha, NE
    Job Description. Job Description. We are looking for life insurance agents or unlicensed salespeople to work remotely for one of the fastest-growing compan...
    - 5 Days Ago
  • Mitchell Agency - Grand Island, NE
    Job Description. Job Description. We are looking for life insurance agents or unlicensed salespeople to work remotely for one of the fastest-growing compan...
    - 5 Days Ago
Those that have already made the climb...
Ebrahim Busheri, Director of Investments
MANNING & NAPIER INC
Manning & Napier, Inc. is publicly owned investment manager. It provides its services to net worth individuals and institutions, including 401(k) plans, pension plans, taft-hartley plans, endowments and foundations. The firm manages separate client-focused equity and fixed income portfolios. It invests in the public eq... More
Fiscal Year Ended in 2021
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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.

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
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

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

Step 1 of 3

Understand the total compensation opportunity for an Insurance Broker Executive, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
196540
291719
237892

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
227919
364935
282954
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Broker Executive in Byron, NE. The base salary for Insurance Broker Executive ranges from $196,540 to $291,719 with the average base salary of $237,892. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $227,919 to $364,935 with the average total cash compensation of $282,954.
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How much should you be paid?

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

196540
291719

 

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About Byron, Nebraska    Byron is a village in Thayer County, Nebraska, United States. The population was 83 at the 2010 census. According to the United States Census Bureau,....More

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

Insurance Broker Executive Salary in popular cities: Omaha, Lincoln, Bellevue

Skills associated with Insurance Broker Executive: Insurance Products, Negotiation, Partner Relationship Management, Risk Assessment ...More

Recently searched related titles: Broker Development Manager, Head Of Insurance

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Salary estimation for Insurance Broker Executive at companies like : Delano Biomass Energy Company Inc, Wholesale Electric Caribe, Lincoln National Life