Insurance Broker Executive Salary in Cedar Falls, North Carolina

Insurance Broker Executive Salary in Cedar Falls, NC

How much does an Insurance Broker Executive make in Cedar Falls, NC? The average Insurance Broker Executive salary in Cedar Falls, NC is $244,849 as of August 27, 2024, but the range typically falls between $202,284 and $300,254. 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 $163,531 Cedar Falls,NC August 27, 2024
25th Percentile Insurance Broker Executive Salary $202,284 Cedar Falls,NC August 27, 2024
50th Percentile Insurance Broker Executive Salary $244,849 Cedar Falls,NC August 27, 2024
75th Percentile Insurance Broker Executive Salary $300,254 Cedar Falls,NC August 27, 2024
90th Percentile Insurance Broker Executive Salary $350,698 Cedar Falls,NC August 27, 2024
25% $202,284 10% $163,531 90% $350,698 75% $300,254 $244,849 50%(Median) Didn’t find job title? Click
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Check out Insurance Broker Executive Job Openings in Cedar Falls, North Carolina

Insurance broker

PRT Financial - Cameron, NC

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Insurance broker

PRT Financial - Lumberton, NC

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Insurance broker

PRT Financial - Winston Salem, NC

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Experienced Life Insurance Broker

PR Financial - Goldsboro, NC

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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 skills can make your compensation higher?
Mastering certain skills can make the compensation of an Insurance Broker Executive higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Cold Call, you can get a 21% salary raise. If you are good at Integrity, your salary will increase by 20%. If you are expert in Flexibility, your salary will rise by 19%.
Skill Salary Demand
Cold Call
 $296,268
21%
Integrity
 $293,819
20%
Flexibility
 $291,371
19%
Diversity and Inclusion
 $288,922
18%
Financial Services
 $288,922
18%
Cold Calling
 $276,680
13%
Get Latest Data
Last Updated on August 27, 2024

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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 Cedar Falls, NC
  • PRT Financial - Cameron, NC
    Insurance Broker. GET MORE OUT OF YOUR CAREER. Choose a career where changing someone else's life for the better is also life-changing for you - personally...
    - 2 Days Ago
  • PRT Financial - Lumberton, NC
    Insurance Broker. GET MORE OUT OF YOUR CAREER. Choose a career where changing someone else's life for the better is also life-changing for you - personally...
    - 2 Days Ago
  • PRT Financial - Winston Salem, NC
    GET MORE OUT OF YOUR CAREER. Choose a career where changing someone else's life for the better is also life-changing for you - personally, professionally, ...
    - 3 Days Ago
  • PR Financial - Goldsboro, NC
    P. R. Financial is an independent marketing organization (IMO) in the financial services industry. specifically in the insurance marketplace. We serve clie...
    - 2 Days Ago
  • PR Financial - Henderson, NC
    Real Life 100k Opportunity. The Most powerful offer in the industry. Looking for new potential life insurance agents. Many people think that to make and su...
    - 3 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

 
 
 
202284
300254
244849

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
234593
375612
291232
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 Cedar Falls, NC. The base salary for Insurance Broker Executive ranges from $202,284 to $300,254 with the average base salary of $244,849. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $234,593 to $375,612 with the average total cash compensation of $291,232.
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How much should you be paid?

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202284
300254

 

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About Cedar Falls, North Carolina    Cedar Falls is an unincorporated community in Randolph County, North Carolina, United States. The community is located along the Deep River 5.5 miles ....More

Cedar Falls, North Carolina  area prices were up 1.5% from a year ago    View the Cost of Living in Cedar Falls, North Carolina

Insurance Broker Executive Salary in popular cities: Charlotte, Raleigh, Greensboro

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

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